Dear Sir/Madam,
Is it correct that I should record the costs for applying for a company number and VAT status under ‘start-up costs’ with 0% VAT?
Please confirm this or, if there is a better cost account for this, let me know.
Dear Sir/Madam,
Is it correct that I should record the costs for applying for a company number and VAT status under ‘start-up costs’ with 0% VAT?
Please confirm this or, if there is a better cost account for this, let me know.
Yes, indeed, you enter it under that heading! X
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.