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sole trader incorporate halfway through tax year

Posted 20 November 2014

for tax purposes, a sole trader incorporated halfway through the year, will it mean half way split or one full year trading as a company

TaxTim Marc TaxTim Marc said:
20 November 2014 at 16:22

The company is a separate entity so you would pay tax individually for the first half and then as a company for the second.

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