[Bonkors]

But not accountants fees, these are not tax deductable.

idealrob

These are deductable as they are classed as professional fees.

[DaveG]

tell me is an accountant a must have, or can we do it ourselves?

I like to know is done right, for a couple of hundred quid a year its well worth it, in my opinion

[leapstallbuildings]

But not accountants fees, these are not tax deductable.

idealrob

Yes they are.
As far as I know, the only accountant fees not tax deductible are the ones incurred in an investigation.

EDITED TO SAY:  I've just read down further and seen your amendment.

To the original poster.  Make sure your business is registered with the IR within 3 months of starting or they fine you (£100 I think).

[Window Washers]

being on www.windowwashers.co.uk for a year is tax deductable

[leapstallbuildings]

being on www.windowwashers.co.uk for a year is tax deductable

Yes I offset this against tax - when you bother to email the receipts   

[Window Washers]

being on www.windowwashers.co.uk for a year is tax deductable

Yes I offset this against tax - when you bother to email the receipts   

lol, I am waiting for your email cheeky chops  :

[Bonkors]

But not accountants fees, these are not tax deductable.

idealrob

Yes they are.
As far as I know, the only accountant fees not tax deductible are the ones incurred in an investigation.

EDITED TO SAY:  I've just read down further and seen your amendment.

To the original poster.  Make sure your business is registered with the IR within 3 months of starting or they fine you (£100 I think).

Furthermore, this fine is NOT tax deductable. For that matter neither are any fines imposed by revenue and customs!

[Helen]

Sorry, I always thought accountant fees were not deductable, but fully accept my mistake

idealrob

Before anything else I am NOT having a go at you personally
This is why we should all employ an accountant as "thought" could turn out to be wrong and cost you money

[bobplum]

just starting out will get a accountant sorted soon
but can anyone give me a few pointers on what i can claim back
ie van water  diesal equipment
all i seem do do is shell out at the moment
just wondering what i can get back

massages-to relive the stress of collecting all that money

[JRDEasiReach]

I dont intend to have an accountant, my books are kept up to date on a friday evening or at least before the next week starts, i keep receipts for everything i spend from my business account and then when the tax return comes in april ill be sorted with things written down and sorted out, one thing though if you DO employ an accountant dont just turn up with a box full of receipts and ask him to sort it out, you will be charged a fortune!!  ive heard it being done and it aint nice