Bank Account Charges

[*qwerty*]

I'm a sole trader and have a business bank account, can charges be offset against profits at the end of the tax year?

 

[Paul_Rosser]

Provided you haven't incurred any charges due to overdrawing of profits then yes you can.

This should explain a bit more - http://www.accountingweb.co.uk/topic/tax/bank-charges-and-interest-rebecca-benneyworth