Allowable expenditure:

☛the cost of goods bought for the business

☛the prime costs of running a business asse

☛wages and salaries of employees

☛heat, light and cleaning of business premises

☛repairs to and maintenance of business premises

☛postage and stationery

☛business telephone and rental

☛bank charges and interest on business loans and overdrafts

☛travel and entertaining if the sole purpose is to retain or acquire business

☛legal costs of defending business rights and renewing leases of less than 50 years duration

☛bad debts and specific doubtful debts

☛protective clothes necessary for the business