Under what heading do I enter Drawings. When entering a payment eg. Diesel, do I enter the amount less the VAT or including VAT. My login for Bullet will not work for the form.
Here is how you enter drawings.
I’m not sure what the accounting rules are around Diesel, we’re not accountant and can’t give advice I’m afraid. But I know a Sole Trader can claim petrol expenses but only as a tax deduction not a money back in your pocket. You’re accountant will have a better idea.
Here is an FAQ on Sole Traders. You can also find information on our community site. http://www.bullethq.com/community/
Let me know what you mean by ‘My login for Bullet will not work for the form.’, it’s not clear what form you’re talking about