I'm transfering from sole trader to LTD company. I will be paying myself dividends/minimum salary. Since I work from home, I don't think I can claim the usual expenses that I would. Example: portion of rent, utilities etc.
Unless I'm mistaken, you cannot claim expenses unless it is completeley business expense for a LTD company.
So when I'm doing my self employed taxes my dividend income, can I input all my usual expenses, as if I was still a sole trader?
Unless I'm mistaken, you cannot claim expenses unless it is completeley business expense for a LTD company.
So when I'm doing my self employed taxes my dividend income, can I input all my usual expenses, as if I was still a sole trader?
Comment