Time limit to claim expenses ?

Lumiere

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#1

Time limit to claim expenses ?

4 June 2009, 09:34

I have some travel expenses from January-March last year, which I haven't claimed from my ltd yet (still trying to find some time to process hundreds of receipts)

Are there any HMRC rules/regulations affecting this, my accountant told me not to worry much about this delay, but I wanted to double check. Also, does it matter that 08/09 tax year has finished already ? Maybe there are some limitations for some kinds of expenses only ..
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Little'Old Me

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#2

4 June 2009, 22:16

Originally posted by Lumiere View Post

I have some travel expenses from January-March last year, which I haven't claimed from my ltd yet (still trying to find some time to process hundreds of receipts)

Are there any HMRC rules/regulations affecting this, my accountant told me not to worry much about this delay, but I wanted to double check. Also, does it matter that 08/09 tax year has finished already ? Maybe there are some limitations for some kinds of expenses only ..

Your accountant is correct.

I've just claimed mileage for a client for the last 3 years, to reclaim the VAT too.
Tax currently is 6 years, but the company was not trading then! and the director was happy not do go back any further.
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