Jenna
13-03-2013, 02:17 PM
I didn't register as self employed until may 2012 as that was when my first child started however I had bought equipment first dating back to jan 2012 and am unsure if I can claim these expenses back as there in the previous tax year does that make sense.
Bicky
13-03-2013, 02:22 PM
We are still in Pre-Reg and have been told that we need to keep all receipts etc, with regards to set up, so we can claim on them once we are up and running.
We are proberbly not going to be up and running till May so they will spread over 2 separate tax years
tulip0803
13-03-2013, 07:22 PM
I spoke to HMRC as my set up spanned 2 tax years and was advised that it did not matter about tax years that start up costs were from. Keep all the receipts in and envelope marked "START UP COSTS" and put them into your accounts on the first day that you actually start childminding (earning money) as start up costs.