Within the UK, if you are self-employed, working as a freelancer/contractor, whether through a limited company or as sole trader, you are allowed to deduct a variety of reliefs and allowances to reduce your tax bill. Slightly different rules apply depending on whether you are a limited company or a sole trader, so check on the HMRC website for more information about working for yourself as a freelancer or contractor. In the main, the rules governing the sort of expenses…