However, these ventures are often long term commitments that will increase your running expenses.
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Similarly, if you are self employed or running a furnished holiday letting business and you are using a room at home as an office, it should be possible to claim a tax deduction for some of the house running expenses such as heat, light, business use of telephone, painting and decorating, etc.
Without credit it can be near impossible to obtain loans for any purpose, or even to manage the expenses of running your household.
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Dr McDevitt said the review body had stated that an increase of 2.29% would be necessary to provide the recommended increase of 1% to GP pay and to cover the increased expenses of running a GP practice.
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He played a central role during one of Parliament's most difficult periods as the long-running scandal of MPs' expenses abuses emerged in 2009.
Don Daglow, whose company Stormfront Studios lasted 20 years, reminded us that keeping a studio running is about balancing unpredictable revenue and predictable expenses.
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Full details of all MPs' expenses dating back four years, running to 2.4 million receipts, were due to be published in the middle of July after the Commons authorities lost a Freedom of Information battle.
After running your business for a few months, look back through your records and look at your expenses.
The accountancy firm of Moore Stephens has been running the club's affairs and a steering committee has been raising the money to meet expenses.
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He argued that the current cost of running tours could be more than covered by reducing food waste in Parliament's dining areas and other expenses.
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