Jump to content

Log in or register to remove this advert

Help with tax please


Carl1991
 Share

Recommended Posts

Log in or register to remove this advert

On 20/08/2019 at 12:44, openspaceman said:

 I'll wait to see what accountants like @Inoff the Red say but  you are confusing your gross turnover with profit (aka income) and that £6k is right for a profit of £31k.

 

Your profit was £18k and you have capital allowance on the truck to deduct from that, I'd say the real figure would be nearer £1400 tax

 

Have you paid your National Insurance? Don't miss it.

Just got back from a few days away and i have only just seen the notification of this thread.

I will have a read and submit a more considered response later 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

  •  

  • Featured Adverts

About

Arbtalk.co.uk is a hub for the arboriculture industry in the UK.  
If you're just starting out and you need business, equipment, tech or training support you're in the right place.  If you've done it, made it, got a van load of oily t-shirts and have decided to give something back by sharing your knowledge or wisdom,  then you're welcome too.
If you would like to contribute to making this industry more effective and safe then welcome.
Just like a living tree, it'll always be a work in progress.
Please have a look around, sign up, share and contribute the best you have.

See you inside.

The Arbtalk Team

Follow us

Articles

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.