5 articles tagged with Simplified Expenses.
Registered childminders working from home can use HMRC's simplified flat-rate expenses for food and household costs. Full worked example on £24,000 turnover and what you can and can't claim.
HMRC's simplified expenses let sole traders use flat mileage and home-use rates instead of calculating actual costs. Here's every flat rate for 2026/27 and when actual costs work out better.
The 45p per mile method is the simplest way for sole traders to claim vehicle costs. How it works, when actual costs beat it, and a worked example.
HMRC flat rates can save record-keeping, but actual costs often beat them. A worked comparison for sole traders deciding which method to use.
Two methods for claiming home office costs as a self-employed person in 2026 -- the flat rate simplified expenses method and the actual costs method -- plus the CGT risk and employee WFH relief.