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As all small businesses are aware there are a number of items and expenses that people can claim against, such as genuine business costs and items needed to do a job.
However, some claims in the past have been a little more than creative.....HM Revenue and Customs (HMRC) has revealed the top five most outrageous personal expenses claims included in 2013-14 Self Assessment tax returns.
Here’s the list of some bizarre expenses that some taxpayers have tried, and failed, to claim for:
1. The costs for storing Mars Bars overnight in a fridge
2. The cost of a pair of flip flops so I don’t have to walk barefoot between my work’s changing and shower rooms
3. The costs for my intimate waxing
4. I bought a second hand car to get me from home to work so I didn’t have to walk
5. I purchased my own flat, so I need to claim back the money I spent on the furniture.
Ruth Owen, HMRC Director General of Personal Tax, said: “It’s wrong that a small minority of people expect the honest majority to subsidise their lifestyle and HMRC will never allow for these to be processed as genuine claims."
With only a couple of day to go to the January 31 deadline, any outstanding returns need to be filed and taxes paid in order to avoid penalty charges.
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Susie Hughes © Shout99 2016
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