I'd be sitting on it until such point that you're no longer working, and can therefore draw it with less tax implications. But as I say, time to talk to an accountant.
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I'd be sitting on it until such point that you're no longer working, and can therefore draw it with less tax implications. But as I say, time to talk to an accountant.
Do you have an accountant yourself?
Costs that you'd incur anyway therefore aren't business expenses. Mileage should only apply to purely business travel.
And the allowance for a home office...
Time to chat to an accountant and a wealth managment advisor.
I'd be operating your DJ business as a Limited Company.
19% corporation tax - and nothing stopping you leaving that profit in the...