Yes. Self-employed individuals cannot claim:
- Personal/household expenses
- Full loan repayments (only interest portion can be claimed)
- Capital expenditure (claimable via capital allowances instead)
- Business entertainment (e.g., client meals)
- Revenue penalties, fines or late payment interest
- Drawings (personal withdrawals)
- Personal meals during the workday
- Dual-use costs (unless apportioned for business)
- Unsubstantiated expenses (no receipts)
- Costs of commuting to workplace/place of business
Always ensure expenses are wholly and exclusively for your trade.
