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Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise. The structure for you will depend on your personal situation and your future plans. Consider the options available.
Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise. The most suitable structure for you will depend on your personal situation and your future plans. The decision you make will have repercussions on the way you are taxed, your exposure to creditors and other matters.
The possible options you have are as follows:
06 Oct 2021
The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax Self Assessment (MTD for ITSA) for a year.
From April 2022, the government plans to create a new social care levy which will see UK-wide tax and National Insurance Contribution (NIC) increases.
In common with many businesses, and based on government recommendations, we have now taken the decision to work from home and our office will be closed for the foreseeable future. We will, however, do our utmost to maintain business as usual.
During this difficult period please contact us via our usual email addresses or, if your enquiry is urgent, please call Alan Carter on 07868 037611 (mobile) or David Lyons on 07711 037564 (mobile). The main office telephone and answer-machine will not be answered at this time.
Thank you in anticipation of your co-operation and understanding as we all try to chart the stormy waters ahead.
Please take care and stay safe.Leonard Jones & Co