Can I claim for expenses before I start self employment?

The costs to set up your business that you incurred before the date you started can be included as  long as they are within  7 years of starting
These are some examples
  • Equipment;
  • Insurance;
  • Stock;
  • Rent;
  • Laptop;
  • Business cards;
  • Legal and accountants fees;
  • Phone and Internet ( Business element only)
  • Website setup.

Some pre trading expense are not allowable such as

Licences and Registrations

Training Courses

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