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'For corporation tax purposes you’re officially allowed to reclaim expenses from the last seven years before trading.'
You do not need to claim them immediately, although it is normal so to do. Providing you do not breach the seven year envelope by all means defer them.
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Any loss the company makes can be carried forward indefinitely for Corporation Tax (CT) purposes.
I would be inclined to put all the expenses through in year one and contra them as 'Loans by Directors.' These loans can then be repaid as cash flow allows without affecting either individual or corporate taxes unless, of course, interest is paid. This approach also makes sure that no preliminary expenses are omitted or forgotten.
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I only suggested a Directors Loan as a convenient method of getting the costs into the company, keeping reimbursement when it can be afforded. All setting up costs can be so treated.
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Yes it will, perfectly OK. Accounts are invariable skewed by preliminary expenses in early years.
Yes, providing you do not breach the 7 year rule.
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You can claim them from the company at any time convenient to you.
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