Hi I just started as a sole trader. I'm also a paye worker.
I'm doing websites.
3 questions:
I have set up a trading as bank account to keep the finances seperate from my personal accounts. I had to pay for a few things to get set up on my personal credit card and personal bank account. How can I get this back from the business?
I have to buy web hosting and domains for my customers websites.
When I bill the customer I include these as items on the invoice.
Can these be classed as business expences?
Is it reasonable to claim my Telephone and Broadband through the business.
I'm doing websites.
3 questions:
I have set up a trading as bank account to keep the finances seperate from my personal accounts. I had to pay for a few things to get set up on my personal credit card and personal bank account. How can I get this back from the business?
I have to buy web hosting and domains for my customers websites.
When I bill the customer I include these as items on the invoice.
Can these be classed as business expences?
Is it reasonable to claim my Telephone and Broadband through the business.