Let me get this right
If you take say a £10K bounce back loan use it for salary, you owe approx £4.5k tax right away
But still expected to pay £10K + interest back ?
Is that right ?
Sent from my iPhone using Contractor UK Forum
If you take say a £10K bounce back loan use it for salary, you owe approx £4.5k tax right away
But still expected to pay £10K + interest back ?
Is that right ?
Sent from my iPhone using Contractor UK Forum
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