Claiming back against tax...

[swinny]

Hi all, just after some help. From the start date of going self employed, how far back can you claim for your tools etc to go against your tax?

[Wee Jim]

I think its 3 months back.

[Frankie Lawrence]

I just asked my father whos an accountant and he says there is no limit as long as when you put it in you value it correctly.

 

Hope this makes sense as it doesnt particually to me:001_smile:

[swinny]

hmmmm i was hoping for the the start of this year etc, as have plenty to go against it if i do decide to go down this route..... probabilly 2.5-3k if not a bit more

[Ian Flatters]

Hi all, just after some help. From the start date of going self employed, how far back can you claim for your tools etc to go against your tax?

 

Its 3 months from the start date of you self employment. I got told this when i went self employed by the lovely lass at the HMRC office.