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Article Index
Tax and NI
Different Taxes
Are You Self-employed?
Tax for the Self-employed
Income Tax
Corporation Tax
Expenses
Capital Allowances
Offsetting Losses
Tax and Employees
National Insurance
VAT
Capital Gains Tax
Investments and Tax
Paying Less Tax
The 2009/10 Tax Year

Tax and NI

This briefing provides an introduction to the taxes most likely to affect your business. The sooner you set up systems for maintaining your records, and the better you keep them, the less money you will need to spend on professional help in dealing with the tax authorities. It will also be easier to plan for your liabilities.

Nevertheless, it is well worth consulting a tax expert - a qualified accountant, solicitor or tax adviser. An expert may be able to save you much more in tax than you spend on fees. But as well as sparing you time and effort, it should also help you avoid running into problems.

This briefing covers:

  • Which taxes will affect your business.
  • What can be classed as genuine business expenses.
  • Your responsibility for calculating and paying tax and National Insurance (NI) for your employees.
  • Tax breaks for investors in small and medium-sized companies.
BHP Infosolutions

Labels: Tax

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