Twiggy
New Member
Yes you can claim certain expenses for equipment or stock from before you register as self employed. Rather than an accountant, I would just contact the HMRC to ask if need be but there is plenty of advice online.
To my knowledge, a sole trader counts money in and money out - they don't have a balance sheet as a company does which would show accruals, depreciation of capital and so on.
To my knowledge, a sole trader counts money in and money out - they don't have a balance sheet as a company does which would show accruals, depreciation of capital and so on.