My friend will be setting up an LTD to for her agency work as a nurse.
It will be a first time for me preparing/bookkeeping accounts for a ltd.
I am use to working in an accounts dept in an office per say.
I suggested as it is basic that she needs to open a business account and only expenses for the business goes out of the business. She should have a DD set up for any drawings on a monthly basis.
I guess I wanted to know what could be claimed back. Any tips or anything that I needed to be aware about
I plan to do the bookkeeping on a monthly basis. Can I claim back all expenses? Eg food, money spent on clothing, etc