Expenses are important as you can claim them against your revenue, which helps to reduce the amount of tax you need to pay.
For further information on the types of expenses you can claim, refer to our guides for sole traders and limited company directors.
<p>Expenses are important as you can claim them against your revenue, which helps to reduce the amount of tax you need to pay.<br></p><p>For further information on the types of expenses you can claim, refer to our guides for <a href="https://www.goforma.com/tax/self-employed-expenses-tax-allowances" target="_blank">sole traders</a> and <a href="https://www.goforma.com/tax/limited-company-director-expenses-tax-allowance" target="_blank">limited company directors</a>.</p>
Our small business accounting guide walks through absolutely everything you need to know if you're considering starting a limited company. From different taxes, limited company advantages/ disadvantages, how to pay yourself, and what your key filing requirements are.
- When to register a Ltd company
- When to register for VAT
- How to take money out of your company
- Dividend tax rates
- Limited company expenses & corporation tax
- Annual accounts and deadlines
Read more of our Small Business Accounting guides:
Learn more about allowable expenses with a free 20 minute consultation.
Our limited company expenses guide talks through all the different expense categories you can claim for along with key examples and how this can impact your corporation tax.
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