I am starting up as a sole trader some time in Febuary. I am going to be incuring about £800 start up costs but am unlikely to make much money until the following financial year. i.e. April this year. Is there any way that these costs can be incuded in the following years tax calculations? I am concerned th...
Just took on a sole trader, not VAT registered (way under threshold). They want thier account on sage, I know I raise all thier invoices to thier clients as T9, but how do I treat supplier invoices....? As I won't be submitting a VAT return for them do I code all thier suppliers as T9 too. I'm worried if I c...
Hi there all! I have a SOLE TRADER customer. He went through a phase of poor cash flow and therefore had to put some "personal" money back into the account to cover bills. Bearing in mind he's a sole trader rather than a limited company, therefore the DLA doesnt apply to this situation (co...