BobbySands
Registered User
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Company director tax credits possible expenses Hi,
I am an IT contractor with my own new limited company.
I notice from some posting on this forum that I am not entitled to use any tax credits when calculating my PAYE tax due each month. Is this correct?
What legitimate expenses can I write off in the software consultancy business to reduce my tax bill?
Any other tips for reducing my tax bill to make up for the loss of my PAYE tax credits if that's correct.
thanks in advance.
I am an IT contractor with my own new limited company.
I notice from some posting on this forum that I am not entitled to use any tax credits when calculating my PAYE tax due each month. Is this correct?
What legitimate expenses can I write off in the software consultancy business to reduce my tax bill?
Any other tips for reducing my tax bill to make up for the loss of my PAYE tax credits if that's correct.
thanks in advance.