Pre set up costs

[jitterbug]

Hello Everyone,

I'm in the early stages of setting up as a childminder and I'm looking to be registered by around March next year. I'm trying to spread out the set up costs by starting to buy equipment etc. now.

So, my question is, can I keep receipts for these and claim these as expenses when I finally become registered / self employed?

Thanks in advance for your help! :)

[Rick]

Yes you can because you need only inform HMRC you are a self employed business just before you have mindees. Anything spent before this is classed as set up costs :thumbsup:

[jitterbug]

That's brilliant thanks! I didn't think when I started buying all this stuff!!