I started my business, bought all the equiptment used for it costing about £3000 but that was out of my dads will. it took me 3 years to figger it all out, and this is my second year of doing cake toppers for people.
so far i think i can claim for
electric as i use my computer and phone, phone costs. items i buy for business, postage costs. and going to and from the post office in the car. but how do i pay myself a wage? i have no idea how to start. or where to start. i haven't regestered the business yet. but will be doing in march some time
You are already trading, for 2 years, but havent registered?!!!!!!!
Before you dig yourself deeper, get an Accountant.
Dont say you cant afford one. You cannot afford not to get one.
This is a forum for professionals not people looking for a free tax helpline.
I started my business, bought all the equiptment used for it costing about £3000 but that was out of my dads will. it took me 3 years to figger it all out, and this is my second year of doing cake toppers for people.
so far i think i can claim for
electric as i use my computer and phone, phone costs. items i buy for business, postage costs. and going to and from the post office in the car. but how do i pay myself a wage? i have no idea how to start. or where to start. i haven't regestered the business yet. but will be doing in march some time