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Article Index
Tax and NI
Different Taxes
Are You Self-employed?
Income Tax
Tax for the Self-employed
Corporation Tax
Expenses
Handle with Care
Capital Allowances
Cars and Tax
Pre-trading Expenses
Non-taxable Income
Losses
National Insurance
Capital Gains
Paying Less Tax
Other Tax Opportunities
The 2010/11 Tax Year
Next Steps

Tax and NI

18. Next Steps

Having read this far, you will have a basic grasp of how tax works. You should now:

18.1 Discuss your specific situation and business with a tax specialist.

18.2 Make sure your accounting system shows how much tax is payable each month.

18.3 Make realistic provisions for future tax bills.

  • Plan cashflow so that when a tax demand arrives, you have the cash to pay it.
BHP Infosolutions

Labels: Tax

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