PoppyPug
Active Member
Hiya Geeks!
I've been a beauty therapist for 10 years but I've been employed so not had to worry about accounts etc... As of August I am registering as a sole trader very excited!!
I understand about paying tax etc and know its 20% of my profits but my husband and I are having a disagreement over expenses!! I have ordered a few things off vista print for marketing etc... The total cost was £65 . now.. Do I take all of this out of my revenue or just 20% of it?
My belief was that you could claim back 100% in expenses if it was solely for use of my business
My husband says its 20%
Who is right??
Sent from my Nexus 4 using SalonGeek mobile app
I've been a beauty therapist for 10 years but I've been employed so not had to worry about accounts etc... As of August I am registering as a sole trader very excited!!
I understand about paying tax etc and know its 20% of my profits but my husband and I are having a disagreement over expenses!! I have ordered a few things off vista print for marketing etc... The total cost was £65 . now.. Do I take all of this out of my revenue or just 20% of it?
My belief was that you could claim back 100% in expenses if it was solely for use of my business
My husband says its 20%
Who is right??
Sent from my Nexus 4 using SalonGeek mobile app