I’m a personal trainer, what can I claim tax relief on?

I’m a personal trainer, what can I claim tax relief on?

As a personal trainer in the UK, you can potentially claim tax allowances on various expenses related to your business. It's important to note that tax rules and regulations can change, so it's always a good idea to consult with a tax professional or HM Revenue & Customs (HMRC) for the most up-to-date information. Here are some common expenses that personal trainers may be able to claim tax allowances on:

Travel Expenses: You can claim travel expenses for business-related journeys, such as traveling to and from clients' locations or to a gym or fitness center where you provide your services.

Training and Professional Development: Costs associated with training courses, workshops, seminars, and certifications that are directly related to improving your skills and knowledge as a personal trainer.

Equipment and Supplies: Expenses for purchasing fitness equipment, workout gear, and other supplies necessary for your training sessions.

Gym Memberships: If you need to maintain a gym membership to access facilities for your business, you may be able to claim this expense.

Hall or Room Rental: If you rent a hall, room or other space in a gym or facility, you can set the cost of this against your profits

Advertising and Marketing: Costs related to advertising your services, such as designing and printing business cards, creating a website, and running online ads.

Insurance: Premiums paid for professional liability insurance to protect you in case of any legal claims related to your services.

Home Office Expenses: If you work from home and have a dedicated space for your business, you may be able to claim a portion of your home office expenses, including utilities and rent/mortgage interest.

Phone and Internet: If you use your phone and internet for business purposes, you can claim a portion of these costs.

Uniforms and Clothing: Expenses for purchasing workout attire or branded uniforms that you wear while conducting your training sessions.

Accounting and Legal Fees: Fees paid to accountants or solicitors for services related to your business, such as preparing your tax returns or providing legal advice.

Meals and Entertainment: You may be able to claim a portion of meal expenses incurred when meeting with clients or business associates for networking purposes.

Health and Safety Equipment: Costs related to ensuring the safety of your clients during training sessions, such as first aid kits or cleaning supplies.

Remember that in order to claim these expenses, they must be directly related to your business activities as a personal trainer. It's important to keep accurate records of all your expenses, including receipts and invoices. Additionally, it's recommended to consult with a tax professional to ensure that you're following the appropriate tax regulations and claiming the correct allowances.

There’s more information available for you in our Expense Guide which we encourage you to download and read

Our tax team can help you set up and manage your cash flow projections. Partnering with us will give you confidence and peace of mind that your business finances are in good shape. To start the journey, please book a Discovery Call or complete the form on our Contact Us page