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Seeing an accountant tomorrow. I've got to bottom out what's allowable or not as expenses.
I'm also hoping to make a profit this year so will have NI to calculate, maybe tax.
I've also just exchanged contracts on a buy to let flat so need to know what I can put down against that also. It needs a little work, new bathroom floor & flooring, replace bed & bedroom furniture, skim bed walls & ceiling & redec, paint kit ceiling,
so I want to maximise everything I can expense wise.
Plus the accountants fees!!
Any questions I should be asking that maybe I might not know about?
All income goes into bank so that's easy.
Just the outgoing expenses really.
Might ask about contract hire vehicle.
Cheers
I'm also hoping to make a profit this year so will have NI to calculate, maybe tax.
I've also just exchanged contracts on a buy to let flat so need to know what I can put down against that also. It needs a little work, new bathroom floor & flooring, replace bed & bedroom furniture, skim bed walls & ceiling & redec, paint kit ceiling,
so I want to maximise everything I can expense wise.
Plus the accountants fees!!
Any questions I should be asking that maybe I might not know about?
All income goes into bank so that's easy.
Just the outgoing expenses really.
Might ask about contract hire vehicle.
Cheers