
Can I claim back Pre Trading expenses
If you’ve spent personal funds setting up your business, what scope is there to reclaim these costs from your limited company, once it has been incorporated or from you Sole Trader business?
Many small business owners, including contractors, may absorb a number of costs personally before their businesses are up and running. Many of these expenses will be incurred shortly before company formation. It may be that certain costs have to be paid for before your company bank acco