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Tax as sole-trader?
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I can't help feeling that the ONLY advice anyone can give you is to BE HONEST with your accountant, do NOT attempt to fiddle your books. This would be fraud, it is a very serious offence, and if your accountant suspected you of acting fraudulently I believe - not 100% sure - that they would be obliged to report you.FreddieBear wrote: »Hi
If i want to show a net profit of 18,500 How much money is this before tax? I own a small buisness and am about to submit my earning to my accounant but as this is my first year have lots of cash going in and out, but dont want to get a large tax bill but at the same time need to show a net of 18500 to secure my morgage. Can someone help me please?Signature removed for peace of mind0
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