L J Rose Accounting

For the newly self employed or even those experienced in business, it is often tricky trying to work out which expenses that you can and can’t offset against the income you earn from your business when completing your self-assessment tax return or accounts. The general rule is that you can claim all your expenses that are “wholly and exclusively” for the purpose of carrying out your trade (and “necessarily” for limited companies). Whether you are a sole trader, a partnership or a limited company we can offer you a professional, tailor made service to meet your requirements.