Tax spreadsheet and allowable expenses for Plasterers (UK sole traders)

These are common examples. A cost is allowable only if it is wholly and exclusively for your business, so check GOV.UK guidance on expenses if you are self-employed, or ask an accountant.

• Tools may be allowable
• Materials may be allowable
• Van or mileage may be allowable
• Insurance may be allowable
• Protective wear may be allowable
• Mixing equipment may be allowable

• Mixing materials bought for jobs with personal purchases.
• Leaving skip or waste receipts apart from the job records.
• Combining business and personal van use in one record.
• Using both simplified mileage and actual vehicle costs for the same vehicle.

• Materials invoices and receipts linked to the relevant job.
• Skip and waste collection receipts.
• Job sheets and invoices for plastering work.
• Mileage log with date, destination, purpose and distance.

Keep receipts, invoices and mileage details as you work, and record business and personal use separately where needed. Organised records make it easier to prepare your Self Assessment return.