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Write off against tax - software/hardware?

Discussion in 'General Forum' started by cakefest, Jan 22, 2008.

  1. cakefest

    cakefest New Member

    Is there anywhere I can find some good advice/information online about what I can/can't write off against tax as a freelancer?

    I'm hoping that the significant costs of starting up can be written off. Computer, printer, software etc.

    Any help much appreciated.
     
  2. timhoward

    timhoward New Member

    Hi,

    If it's necessary for your work you can offset the tax. Just keep a receipt. I work through Danbro who deal with all that, but i just send in all my receipts for software/hardware that i need for work purposes and they reimburse the tax i paid on it.

    i operate through my own Limited company, not sure if the rules are different under the umbrella.:confused:
     
  3. If your a sole trader you can offset it against monies paid for tax purposes by declaring them as expenses on your end of year Tax Return 'Self Assessment'.

    Just keep records/receipts of purchases, as this will make it alot easier to tot up your total when the time comes.
     
  4. cykophysh39

    cykophysh39 New Member

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