J
jsm
Guest
Could somebody help us out. My husband was a sole trader up until july 2007, but due to employment reasons had to go Ltd company then. We have just paid our end of year payment as Sole Trader for 2006. We have in the last few days received a form for Preliminary tax for July to December 2007.
Are we not allowed pay our tax for half year of sole trader and a half year of Ltd Company 2007 next October 2008. Sorry for such a basic question but we are finding it a mine field since we changed to Ltd Co, when we were led to believe it was more or less the same as sole trader.
My husband does his own VAt Returns which are all up to date and Tax for 2006 all up to date with revenue. As he is a one man operation we dont have any employees. If somebody could give us a little friendly advise it would be very much appreciated.
Thanking you in advance.
JSM
Are we not allowed pay our tax for half year of sole trader and a half year of Ltd Company 2007 next October 2008. Sorry for such a basic question but we are finding it a mine field since we changed to Ltd Co, when we were led to believe it was more or less the same as sole trader.
My husband does his own VAt Returns which are all up to date and Tax for 2006 all up to date with revenue. As he is a one man operation we dont have any employees. If somebody could give us a little friendly advise it would be very much appreciated.
Thanking you in advance.
JSM