I have recently set up a Limited Company in line with the Financial Contract I work on. Being new to the world of 'self employment' I am keen to seek advice on what I am OK to claim on expenses.
I rent a flat each month around the area my contract is based. My flat is several hundred miles away from my registered business address (home). My primary home is owned by my parents however I maintain a small payment each month to them towards the house, therefore Am I able to claim the full amount of rent as expenses for the flat I live in whilst working on my current contract?