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How Much Tax will i have to pay?

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  • Grumpy_chap
    Grumpy_chap Posts: 21,816
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Forumite

    Indeed, and it is really not a cost when everything is considered it works out as a saving.

    I can do my job (engineering), keep my accounts records in a simple manner and then pass to my Accountant.

    He does the accounts in a day, and giving me confidence the accounts are prepared correctly. I use that day to do chargeable work.

    The alternative would be to use several days of my time doing the accounts, losing the opportunity to do chargeable work on those days and, after all that, not have confidence the accounts are prepared correctly.

    Higher income overall by using an Accountant than not.

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