personal tax return for directors
Two things in life are certain – death and taxes. Here’s what to do if the two are combined as far as filing a tax return.
Check More at https://gl338-0d598b.pages.infusionsoft.net
All directors of limited companies must file a personal tax return in the UK. This is a completely different filing to the company corporation tax return. Even if you or your business does not make any income for the year you will still be required to file a tax return. Your income, minus any expenses, is then used to calculate the percentage you are liable to pay for tax.
Need help? Start a conversation on our Live Chat to find out more information on our tax return packages and special offers.