16. Tax and National Insurance
Overview
Your business structure and size will affect the taxes you must pay. I recommend you have a meeting with an accountant before you set up your business to discuss the tax and administrative implications. Once fully informed, you can then decide whether you need ongoing accountancy services, which services are needed and which services you would prefer to complete yourself. You may also be able to reduce costs by using online accountancy services.
Tax and National Insurance Contributions for sole traders and private limited companies.
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