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Hi, and welcome to this video regarding business expenses for your limited company. Now one of the main questions you may have is what sort of expenses can you claim? Well, a business expense is an expense which is wholly and exclusively for business purposes. In this video well be covering such topics as business travel, subsistence, entertainment, other allowable expenses, use of home, pensions, fixed assets and also P11D expenses. Well be delving deeper into these topics further on. To be able to claim this you must be responsible for paying for the travel costs. The travel you are undertaking must be necessary for your work and the travel must be a journey to and from a temporary workplace. A temporary workplace is a base of limited duration or temporary purpose. An example of this is when you work from different sites but for the same employer. This is shown when you have a limited company where you work at different locations for different assignments, but your limited co