vat and expenses enquiry
hi, im starting my own business and dont know much about expenses that i can claim back or worst what the difference is between expenses and VAT. So for example, if i fueled my car for £10.00 and was charged VAT aswell, so when claiming expenses, do i get my £10.00 back or just the VAT on the petrol???
This is very important and what about car space of office rent??? how would i claim that back??? would i claim back the rent as a business expence or the VAT on the rent???
Please help me.
Soni
This is very important and what about car space of office rent??? how would i claim that back??? would i claim back the rent as a business expence or the VAT on the rent???
Please help me.
Soni
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Inappropriate?Hi Soni, we try not to teach bookkeeping but help with software related bookkeeping questions. Find a good accountant that can ask your questions or hit up google. I am sorry I can't help more.
I’m thankful
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