Originally posted by abc111
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Saving more on VAT and corporation tax
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Originally posted by zeitghost View PostAnd he/she/it is still a limited company 11 months later.
How curious.Leave a comment:
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Originally posted by jamesbrown View PostSeek divine intervention.Leave a comment:
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Originally posted by jamesbrown View PostSeek divine intervention.Leave a comment:
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Originally posted by zeitghost View PostAnd he/she/it is still a limited company 11 months later.
How curious.Leave a comment:
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Originally posted by barrydidit View PostNot much has changed since you last asked.
How curious.Leave a comment:
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Originally posted by abc111 View PostHi
i am limited company and on flat rate scheme 20% and pay around 20% for corporation tax. how to save paying less in terms of VAT and corporation tax...how to run the accounts?
thanks.Leave a comment:
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Originally posted by abc111 View Posthow to save paying less in terms of VAT and corporation tax...how to run the accounts?Leave a comment:
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Originally posted by abc111 View PostHi
i am limited company and on flat rate scheme 20%
and pay around 20% for corporation tax.
how to save paying less in terms of VAT and corporation tax...how to run the accounts?
There is no way to save money on VAT without outright fraud. Sorry. You collect VAT on HMRC's behalf, and you add 20% to your invoices to cover this. You don't get to keep this money.
Legitimate business expenses will help reduce your CT bill, i.e. expenses that your business legitimately incurs.
Being a contractor is already a more efficient way in terms of tax. Anything else saved will become tax evasion.Leave a comment:
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