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... Employees in this country are being told an enormous lie about tax. The basic rate of income tax is not 20%, whatever HMRC tells you.
Less of an actionable bit of accounting advice this week, more a clarification of a huge, bald-faced lie that needs clearing up before you can understand the tax you might pay as an entrepreneur.
Thanks for watching!
[ Ссылка ] DISCLAIMER TIME: Are you my client? No? You don't have an engagement letter from me with my signature on it? Well then I guess you're not my client, not right now at least. So, of course, I have to warn you that this is just general information, just me talking about my experience with accounting, and that my company and I can't be held responsible for what you do with this information. I make these purely to be helpful, but I may have made a mistake, or brushed over some subtleties of the law, or you might be in a situation that means this information is wrong for you. If you want personal accounting advice, go find an accountant and talk to them and maybe hire them. I might be taking on new clients if you want to get in touch. Thanks.
