What All Expenses Can A Proprietor Claim?

  • John A. Osborne
  • Dec 18, 2022
Small Business Insurance Maine

Being a proprietor can be a rewarding experience that allows you to be your own boss and build a business from scratch. However, managing finances is an essential part of being a successful proprietor, and it is essential to understand the expenses you can claim to reduce your tax burden. In this article, we will discuss the expenses that a proprietor can claim and how it can benefit their business.

Office Expenses

Office expenses are an essential part of running any business and can be claimed by a proprietor. Here are some of the expenses that you can claim as a proprietor:

  • Rent or mortgage payments for your office space.
  • Utility bills such as electricity, water, and gas.
  • Office supplies such as stationery, printer ink, and paper.
  • Office furniture such as desks, chairs, and filing cabinets.
  • Office equipment such as computers, printers, and telephones.

Travel Expenses

A proprietor may incur various travel expenses while conducting business. Here are some of the travel-related expenses that can be claimed:

  • Travel expenses such as fuel, parking, and tolls.
  • Public transportation costs such as bus, train, or taxi fares
  • Accommodation expenses if the trip requires an overnight stay.
  • Meals and entertainment expenses if they are incurred while conducting business or entertaining clients.

Marketing and Advertising Expenses

Marketing and advertising expenses are essential to promote a business and can be claimed by a proprietor. Here are some of the marketing and advertising expenses that can be claimed:

  • Website development and maintenance charges.
  • Printing and distribution of business cards, brochures, and flyers.
  • Online advertising expenses such as Google AdWords.
  • Promotional materials such as branded merchandise.
  • Costs associated with attending trade shows and exhibitions.

Professional Fees and Subscriptions

Professional fees and subscriptions are necessary to keep a business running smoothly. As a proprietor, you can claim the following expenses:

  • Professional fees such as accountancy fees and legal fees.
  • Subscriptions to professional bodies or industry-specific organizations.
  • Costs of attending professional development courses or workshops.


As a proprietor, claiming expenses can reduce your tax burden and increase your profitability. However, it is essential to keep accurate records and ensure that you are claiming only legitimate expenses. By claiming the expenses mentioned above, a proprietor can save money and reinvest it in their business for growth and expansion.

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