The effects of the recession continue to bite, despite indications that it is coming to an end. One of the results of this is that many of us continue to seek ways of reducing our overheads.

Landlords insurance is a business expense ...

Of course, there are savings and savings. Some will not affect your financial circumstances while others could have a devastating impact, should things go wrong. It is important therefore to prioritise expenditure and consider what can be dispensed with - or reduced - and what must be preserved.

Those costs that are legitimate business expenses, such as landlords insurance, are worth protecting because they can be offset against tax.

... it should not be skimped on