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Preparing a business plan - how do I work out how much Tax & N.I. I may have to pay...?


when attempting to calculate projected overheads and any subsequent profit?
I will be trading alone and won't be employing anyone else.

thanks.

http://www.startups.co.uk/abgj9jw.html...
Perhaps this might assist? ..... just a wild guess though...
Oh go on give me a job. No good question I will be looking at the answers.
The best people for that advise whould be your local tax office
I dont think you would include a perosnal liability in a business plan. Tax and Class 4 NIC comes off at the end once you have made your profit. Surely the object of the business plan is to show you can make the profit in the first place !
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