News1 min ago
am starting up my own private cleaning buisiness
5 Answers
need to know some info about self tax payments and any legal stuff,
can you help me abers??
can you help me abers??
Answers
Best Answer
No best answer has yet been selected by zzxxee. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Once established - say after 6mts - contact Tax office to register business. Keep all expense receipts (log 'em on Excel) & credit card payments & invoices.
In 2nd year of trading you will be expected to fill out Self Employed tax return for previous years trading; showing exes/profit & loss. Tax Office will explain all.
If you plan to employ help get info from Tax office immediately or withhold third of their wages for Tax & NI (employer's responsibility).
In 2nd year of trading you will be expected to fill out Self Employed tax return for previous years trading; showing exes/profit & loss. Tax Office will explain all.
If you plan to employ help get info from Tax office immediately or withhold third of their wages for Tax & NI (employer's responsibility).
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