As a self employed person you will incur various expenses throughout the tax year. It is important that you know what can and cannot be deducted from your income as an expense and the calculations involved - this could make a significant difference to your tax bill!
On Wednesday Chancellor Rishi Sunak announced the governments latest tax and spending plans in the annual budget. Here is how you could be impacted as a limited company director;
In this article I will explain how VAT accounting will change from the 1st January 2021, how imports from and exports to the EU will impact VAT as well as how trading with Northern Ireland businesses will change.
Have you ever considered starting a limited company?
