Advertising and sponsorship: TO promote the brand and to get the publicity for business is very important and it is deductible, but which can be claimed. The claim process which includes advertising, hire staff, sponsorship in order to sell trading stock. While doing publicity people have to in careful because these processes should come under the word entertainment which cannot be deducted.
Borrowed Money: Expenses obtain in order to have the borrowed funds which can be claimed. These expenses, which include registration fees, legal costs, valuation costs, any commission paid and overdraft fees guarantee. These deductions are separate from the charge of interest which is obtained from the borrowed funds.
Business travel: A person has to keep every document and record to be produced, travel for the purposes of business can be claimed so that a person has to keep every receipt, where they gone, how long it takes and the record includes airline tickets is more important.