ivorystraws
Registered User
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Hi,
I am currently a sole trader and testing a business idea to determine whether it's viable or not.
Thanks for any helpful responses.
I am currently a sole trader and testing a business idea to determine whether it's viable or not.
- Can someone please clarify whether it's 2 years or 4 years that someone who has been attempting to start a business can claim all expenses/investments incurred (which are directly related to the business) back from the revenue?
- I'm assuming the reason the revenue provides these tax rebates is because they were directors loans to the business?
- Can these expenses, which were directly related to this new business, only be claimed when the business is incorporated as a limited company as opposed to a partnership or sole sole trader?
- Are these expenses reimbursed in the form of a cheque from the revenue or credited directly to a business account?
- I have compiled a list of all expenses incurred and have all related receipts so just wondering the best way to proceed?
Thanks for any helpful responses.