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Business start up (Expense Type)

If you have recently started trading as a limited company, you may have incurred a few company formation expenses, such as incorporation fees or accountancy and legal advice. These can be included in your company's first-year accounts.

For company formation/incorporation costs, record these under the category ‘Legal and Professional Costs > Company Formation Costs’:



For accountancy, record these under the category ‘Legal and Professional Costs > Accountancy’:



For legal advice and/or fee’s, record these under the category ‘Legal and Professional Costs > Legal Fees’:

 

Last Updated: 05 Dec 2019 09:27AM GMT
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