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Sorry if that sounded *criminally insane* ... Just tried to justify why I am still doing that myself, and pointed out that I would not recommend anyone else going my way. And also highlighted what exactly I need to know in order to completely resolve it, in case anyone would bother of course...
Thanks everyone for all the advice given.
It is really best to let an accountant do it all, I've discovered that by experience , as I have already made mistakes , paid for them, missed opportunities to decrease my taxes etc. So yes, I would also recommend everyone to leave that to a...
Hello everyone,
I have paid my LtdCo's insurance - Professional Indemnity, public liability etc from my personal bank account and now I want to move them to company's expenses account ... How should I do that ? There must be several operations involved I guess, in order to record it properly ...
Hello everyone, here's a diagram I've just made ... It shows the net(gross) function graphics. Should make comparison between those easier ... It shows the following:
-personal income_tax(gross income)
-nics1 / gross
-nics2 / gross
-net permie / gross permie
-net contractor's inside-ir35 income...