Self Employed and Online? Your Tax Setup Might Be Your Weakest Link
If you're a self-employed individual or online business owner, then the upcoming Make Tax Digital for Income Tax is something that you'll certainly want to prioritise. It's a critical business component to have, and there are a lot of people who are currently in this category of workers and aren't aware that this is coming into fruition. Poor tax planning is now the biggest risk for those who own a business and want to sustain it. Here's why your tax setup might be your weakest link and how to strengthen it before MTD comes into action.