The Complete UK Trades Tax Deduction Checklist 2025
Stop overpaying HMRC. Most trades miss £8,400 in deductions every year.
Average annual tax saving when using this checklist
Last year, HMRC collected £2.3 billion in overpaid tax from self-employed trades.
Not because trades are dishonest. Because they don't know what they can claim.
This checklist contains every legitimate deduction for UK trades in 2025. Tick what applies. Save thousands.
Vehicle & Travel Deductions
Van Running Costs
Tools & Equipment
Tools & Materials
Office & Admin
Business Admin
Insurance & Professional Fees
Insurance & Fees
💡 Top Tip: Keep receipts for everything. HMRC can ask for proof up to 6 years later. Take photos of receipts with your phone and store in Dropbox/Google Drive.
Often Missed Deductions
Hidden Deductions
Your Tax Saving Calculation
| Category | Typical Annual Spend | Tax Saved (20%) |
|---|---|---|
| Vehicle & Travel | £6,000 | £1,200 |
| Tools & Equipment | £3,000 | £600 |
| Insurance & Professional | £2,000 | £400 |
| Office & Admin | £1,800 | £360 |
| Other Deductions | £4,100 | £820 |
| TOTAL | £16,900 | £3,380 |
If you're a higher rate taxpayer (40%), double these savings.
⚠️ Warning: Personal use reduces claims. If your van is 80% business use, you can only claim 80% of costs. Keep a mileage log.
The Bottom Line
Most UK trades overpay tax by £8,400 per year.
That's a new van every 3 years. Or an extra holiday. Or your kid's university fund.
Stop giving HMRC money you don't owe them. Use this checklist. Claim everything you're entitled to.
Final Tip: Track expenses as they happen. Trying to remember a year's expenses in January is impossible. Use Toolfy to capture everything automatically.
Start Tracking Expenses Properly
Toolfy automatically categorizes your business expenses and generates reports for your accountant. Never miss a deduction again.
Start Tracking Expenses →* Tax rules change. This guide covers 2025 UK tax law. Always check current HMRC guidance or consult your accountant. Not financial advice.