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scrubberscleanings

Tax expenses
« on: June 27, 2009, 08:52:22 am »
What can I make a claim for after the 1st year of trading and do I need receipts for everything
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Window Washers

  • Posts: 9036
Re: Tax expenses
« Reply #1 on: June 27, 2009, 09:14:28 am »
Quote from: scrubberscleanings on June 27, 2009, 08:52:22 am
What can I make a claim for after the 1st year of trading and do I need receipts for everything
ASK an accountant, as things change all the time, will save you money in the long run ;)
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If your not willing to learn, No one can help you, If you are determined to learn, No one can stop you ;)

pingu

Re: Tax expenses
« Reply #2 on: June 27, 2009, 09:31:20 am »
Use an accountant...he'll\she'll be able to fugure out the best ways of working around all the rules..

I have just had my 08/09 turnover completed by the accountant and taxman and the accountant made me a very happy boy and claims for some many things that I would not know about...

Everyone here will have opinions but for this type of thing but you really need expert advice in your first years.

Cheers and good luck.

Dave.
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Ian Lancaster

  • Posts: 2811
Re: Tax expenses
« Reply #3 on: June 27, 2009, 12:49:30 pm »
Get receipts for EVERYTHING and record every payment.  Your accountant will tell you if they are allowable, if you don't keep records, you can't claim ::)
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