Starting my own business while still employed F/T

Starting my own business while still employed F/T

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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

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By johngroganjga
05th Apr 2014 11:03

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.

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