I am in the process of starting my own business just wanted to know the tax implications as I will still be employed full time by my current employer. My company will be limited
Replies (1)
Please login or register to join the discussion.
Your company will pay corporation tax on its profits. You will pay income tax on money you take out of the company. You should engage an accountant now, and ask him or her to advise whether using a company is the best way for you to start.