Costs Moneyback

Discussion in 'Managing Your Business' started by garry, Jan 27, 2013.

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  1. garry

    garry Member
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    hi just wondering ive been doin this 2 year and spent thousands on vans, poles, tanks, resin, barrels etc etc , got 5 workers on poles etc so u can imagine the amount i spend. can all these things ive bought on the business be claimed back? or VAT i paid be claimed back? or are these costs only of use to me in terms of declaring them to work out my profits for tax reasons? im sure ive heard other businesses gettin money back or help on equipment bought by the government
     
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  2. harunh

    harunh Legend
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    well when u buy something just get a invoice... an make sure its got a tax reference/code on it and put it thru ya books mate

    very simple
     
  3. Shaun1977

    Shaun1977 Forum Addict
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    I thought ud left H
     
  4. harunh

    harunh Legend
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    hmmm addictive
     
  5. M.K Cleaners.co.uk

    M.K Cleaners.co.uk Grand Master
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    You got your self an accountant yet? lol
     
  6. garry

    garry Member
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    yes i have one n kept all my receipts, im self employed and he does my tax etc , so they are good to keep tax low as most of my turnover isnt profit as i keep reinvesting, i just wondered if the government actually gave us hard cash back for business expenditure?
     
  7. harunh

    harunh Legend
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    yeep :)

    go my tax return in a few months :) lol
     
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