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Startup

Advertising & Promotion (£):

The amount being spent on Advertising & Promotion.

Telephone, internet & networking setup (£):

The amount being spent on telecommunications.

Finance costs (£):

The amount being spent on financing.

Equipment & Cars (£):

The amount being spent on vehicles and any necessary equipment required.

Insurance £

The amount being spent on any necessary insurances.

Office Supplies (£):

The amount being spent on any necessary office supplies.

Premises Alterations (£):

The amount being spent on altering the business premises.

Professional Fees (£):

The amount being spent on any necessary professional fees.

Product Development (£):

The amount being spent on any product development.

Stock (£):

The amount being spent on establishing stock.

Premises Rental (£):

The amount being spent on renting a business premise.

Website development costs (£):

The amount being spent on developing a website.

Other costs not covered above (£):

The amount being spent on other costs not categorised above.

Unexpected costs buffer (£):

The amount being placed aside for unexpected costs.

Less funds already available (£):

The amount already available to start the business.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

30 Jun 2022

HMRC urges families to make use of Tax-Free Childcare scheme

HMRC is reminding families not to miss out on the financial support offered by its Tax-Free Childcare (TFC) scheme.