Below is a summary of the benefits you can claim through your company for the tax year 2026/27.

Note: Do consult your accountant or tax advisor before implementing any of these strategies as your circumstance could be different.

1. Trivial Benefits

You can claim up to £50 per gift, to your employees with their being a maximum £300/year allowance for directors.

No tax, no NI, no reporting. Use for birthdays, meals, small rewards.

2. Annual Staff Events

You can expense up to £150 per head per year on annual staff events including Christmas parties, summer events with it being fully tax-free if you remain under the limit.

3. Company Laptop / Equipment

If you need a laptop or any equipment you can buy these through the company → no personal tax if mainly for business. Any bit helps to reduce your corporate tax liability.

4. Company Mobile Phone

Did you know you can claim the fully cost of one phone per director/employee. Not only you do save on corporation tax but you can claim the VAT if you are VAT registered.

5. Mileage Allowance

When travelling to work and back using your personal car you can claim 45p per mile (10k miles). Any miles above 10k, you can claim 25p per mile. Simple, tax-free reimbursement.

6. Public Transport Costs

Any train, tube, taxis for business trips are fully deductible.

7. Business Travel

Flights, hotels, transport are allowable if trip is wholly and exclusively for the purposes of the business.

8. Subsistence (Meals)

Food & drink while traveling for work can be fully claimed.

9. Working From Home (Flat Rate)

£6/week without evidence, which is quick and easy to claim.

10. Working From Home (Actual Costs)

Do remember to consult your accountant since the amount you can claim can in time be more depending on how much you use your home as your place of work. For example you can claim % of rent, utilities, internet. Usually much higher than £6/week if done properly.

11. Pre-Trading Expenses

Claim costs from up to 7 years before starting. Huge missed opportunity for new businesses.

12. Employing Your Spouse

Pay a salary for real work. Use their tax-free allowance which lowers their household tax.

13. Training & Courses

Any business-related education is deductible which includes coaching, certifications, workshops.

14. Books & Educational Materials

Relevant books, audiobooks, subscriptions. If tied to your business is allowable.

15. Professional Subscriptions

HMRC-approved bodies = tax deductible. As well as any trade memberships, institutes.

16. Capital Allowances (Equipment)

When you buy equipment you can claim 100% deduction upfront in many cases.

17. Office Furniture

Desks, chairs, storage — fully deductible. Even for home offices (proportioned if needed).

18. Office Utilities

Electricity, heating, water for workspace. Claim business portion.

19. Internet Costs

Business share of broadband. Fully claimable proportion.

20. Landline Costs

Business usage of phone lines. Often overlooked.

21. Accountancy Fees

Your accountant is fully deductible. This includes bookkeeping, tax advice.

22. Legal Fees

Any contracts or legal advice is allowable if business-related.

23. Bank Charges

Business account fees and transaction costs. Fully deductible.

24. Payment Processing Fees

Stripe, PayPal, etc. All fees reduce your taxable profit.

25. Software Subscriptions

Xero, Adobe, CRM tools, SaaS products. Fully deductible.

26. Marketing & Advertising

Facebook ads, Google ads, branding, design. All allowable.

27. Website Costs

Hosting, domains, development. Fully deductible.

28. Photography & Branding

Professional photos, brand shoots.

Legitimate business expense.

29. Video Production

Content creation, editing services. Deductible marketing cost.

30. Freelancers & Contractors

Paying others to help your business. Fully deductible.

31. Insurance

Professional indemnity, public liability. Essential and deductible.

32. Private Medical Insurance

Company pays → corporation tax relief.

Small personal tax, but often still worth it.

33. Pension Contributions

Up to £60,000/year (subject to rules). Massive tax savings for you personally but also for the business since it is a tax deductible expense.

34. Cycle to Work Scheme

Bike purchased through company. Tax-efficient and healthy.

35. Business Trips with Mixed Purpose

Combine business + leisure carefully. Business portion still deductible.

36. Use of Personal Assets

Use personal equipment → charge company. Tax-efficient if structured properly.

37. Renting Office Space at Home

Charge your company rent for a home office. Needs care — but powerful if done right.

38. Directors Loan Account (Planning Tool)

Withdraw and repay strategically. Helps manage tax timing.

39. Bad Debt Relief

Unpaid invoices? You can claim tax relief. Many forget this.

40. Stock & Cost of Goods

All direct costs of sales are deductible. Reduces profit immediately.

41. Staff Salaries

Wages reduce corporation tax. Basic but critical.

42. Staff Gifts (Non-Trivial)

Larger gifts can still be deductible (but taxable to employee). Still saves corporation tax.

43. Office Snacks & Drinks

Tea, coffee, snacks for staff. Fully allowable.

44. Cleaning Costs

Office or workspace cleaning. Deductible expense.

45. Repairs & Maintenance

Fixing equipment or workspace. Fully deductible (not improvements).

46. Depreciation via Capital Allowances

Even large purchases can be written down over time. Reduces taxable profit.

47. R&D Tax Relief (If Applicable)

If you innovate, you could reclaim tax or get credits. Huge but underused.

48. Electric Car via Company

Low Benefit-in-Kind rates. Very tax-efficient compared to personal ownership.

49. Charging Costs for Electric Vehicles

Electricity for business travel. Deductible.

50. VAT Reclaims

If VAT-registered, reclaim VAT on expenses.

Massively improves cash flow.