It's not always obvious what you can claim back as an expense when you're a blogger. Partly because blogging is such a new industry and partly because a lot of bloggers don't realise that they can do this.
If you're a blogger, I would suggest keeping a spreadsheet of any expenses you incur for your blog and if you start making money from your blog, you can reclaim them against your profit on your tax return, meaning you'll pay less tax (or even none at all)!
Here are some of the most common expenses for bloggers. Keep in mind that there may be conditions attached to some of these, and you should check with an accountant if you are unsure.
1. Website hosting
2. Domain name registration and renewal
3. Expenses incurred when attending blogging/business events
For example, train tickets and other public transport costs, mileage, overnight accommodation, food and drink
For example, Facebook and Instagram advertising
For example, Photoshop, Microsoft Office
6. Photo props
7. Computer software
8. Office supplies
For example, stationery
10. Professional advice
For example, legal or accountancy
11. Part of your internet bill
Apportioned to show the percentage you use
12. Blog design/templates
13. New equipment
For example, laptop, camera, printer
14. Equipment repairs
For example, laptop, camera
15. Business cards
It’s time to swap money stress for financial empowerment.
The Independent Girls Collective is a members-only platform to help smart women like you to take control of their finances and feel good about money.
As a member, you’ll get new courses, resources, live masterclasses and 1:1 coaching every month to help you manage your finances and provide the support you need to build a successful, fulfilling business that allows you to live the life you desire, as well as access to our supportive community of creative female entrepreneurs.