02/09/2026
Alert: Claiming business expenses? Keep your receipts and evidence safe! HMRC could ask for proof, so get your records in order to avoid trouble. Find out why it matters now.
Self-employed individuals can deduct allowable business expenses from their income when calculating taxable profits. However, businesses must keep accurate records and evidence to support the costs being claimed. HMRC requires taxpayers to keep proof of business expenses, although evidenc