Short story: I have accrued 70 miles of travel expenses today. Do I simply need to document this in an expenses spreadsheet (or equivalent online system) and then do a bank tx from business account to personal account? Also, does it matter if I am reimbursing expenses daily or weekly in my Ltd's infancy? Does this matter?
Long story: So i signed up with an accountant, I am not really sure what they have done since then, had to chase them for VAT reg, PAYE reg, difficult to contact them and so i have binned them, and am awaiting signing up to a new accountant, but i dont want to be charged for two months concurrently, so I am in limbo for a couple of weeks.
I have given my bus. acc. a director loan of £500 to cover insurance etc. and I have finally received my first payment from client. I am therefore v low on cash in my personal account and want some money. I have been recording expenses so far on a FreeAgent trial.