I have a limited company from 6th April and pay the usual income tax, corp tax and any income I take as dividends.
Fast forward a couple of years, is it true the income tax is paid in advance, as opposed to in arrears like corp tax?
If so, how do you know how much to pay? Is it based on estimates?
Fast forward a couple of years, is it true the income tax is paid in advance, as opposed to in arrears like corp tax?
If so, how do you know how much to pay? Is it based on estimates?
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