Claiming business expenses: common mistakes to avoid

Most of the trouble around claiming business expenses comes down to a handful of avoidable mistakes. Here's what Mosey customers should keep in mind about claiming business expenses.

Priya Shah

Director of Business Banking, Mosey Bank

Most of the trouble around claiming business expenses comes down to a handful of avoidable mistakes.

At Mosey Bank, we talk to customers about claiming business expenses most often when they're making a change - moving banks, hitting a milestone, or just reviewing where their money sits. The short version: understand the terms, compare what's actually on offer, and don't assume your current setup is still the best one for you.

If claiming business expenses applies to your situation, it's worth a 10-minute look at your account this month rather than leaving it for "someday." Small adjustments now tend to compound into real savings over a year.