I don't understand the comment that the business isn't profitable and can't afford an accountant, yet you have enough money coming into the business to pay you and your wife a salary
A contractor accountant typically costs around £100 a month. When I went with mine, they didn't ask for anything up front, so it's not like you have to fork out a large sum up front. It'll be about £100 next month.
Sure there's a risk that your contract finishes leaving you a bill for them, but considering you clearly don't have a clue on the basics, I'd say the bigger and far more costly risk is getting your tax affairs wrong.
A contractor accountant typically costs around £100 a month. When I went with mine, they didn't ask for anything up front, so it's not like you have to fork out a large sum up front. It'll be about £100 next month.
Sure there's a risk that your contract finishes leaving you a bill for them, but considering you clearly don't have a clue on the basics, I'd say the bigger and far more costly risk is getting your tax affairs wrong.
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