Category: Self Employment

Company Limited By Shares
Self Employment
Jenny Holmes

Private Company Limited By Shares

If you are looking to start business and your business plan forecasts turnover more than £50,000 per annum, then its better to start with Company Limited By Shares

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Self Assessment Tax Payment on Account
Self Employment
Jenny Holmes

Self Assessment Tax Payment Account

Payments on account are due by midnight on 31 January in the tax year and by midnight on 31 July after the end of the tax year. Any remaining tax for the year must be paid by 31 January after the end of the tax year, along with any Class 2 National Insurance contributions due.

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