Self-employed. Expenses.

Clothing.

You can only claim for the cost and laundry of uniforms or specialist clothing (overalls, gloves, boots hardhats etc). Normal clothing is not deductible for tax purposes.

Training.

When training for a new skill the revenue deems this a capital expense and cannot be included as an allowable expense on your profit and loss.

Updating your skills set is however is deemed as a revenue expense and will be allowable. For more information please look at the revenue’s website.

Published by Rebecca on 13 February 2018.