If so and you have experience with accounts; profit/loss and balance sheet.
It concerns tax:
- Tax paid on your profit (after costs, etc), does that profit get carried on to next year and so taxable again? As far as I know it will be under cash next year, right?
If so, doesnt that mean your money is just going down and down by the year? What methods are there to go around this?
Thanks in advance
It concerns tax:
- Tax paid on your profit (after costs, etc), does that profit get carried on to next year and so taxable again? As far as I know it will be under cash next year, right?
If so, doesnt that mean your money is just going down and down by the year? What methods are there to go around this?
Thanks in advance
