Home » Archive

Articles tagged with: expenses

one offs »

[8 Aug 2013 | No Comment | ]
Pre Trade Expenses

I’ve only just registered my business, can I claim pre trade expenses which I paid personally?
The basic principal is that “if you paid for something in the knowledge that you were starting a business, and the prime motive for buying this something was to enhance that business, then it is a business expense” and (subject to a three year time limit) you can claim for it. That applies to both goods and services, and in order to claim the full cost you must satisfy both parts of this test, that …

migrated »

[27 May 2010 | No Comment | ]

This article has moved here.

migrated »

[21 Oct 2009 | One Comment | ]

This article has moved here.