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Title: Quick question as regards UK tax 2014-2015 Post by: WhatTheGox on January 29, 2016, 08:45:57 PM Just filling out my tax return, something confusing me..... i run a small business and it turns out because i have pumped so much of my profit back into stock in 2014-2015 i've actually only took £3k profit in cash haha but i have tons of stock.... but what do i submit to the gov for tax just £3k? hmmm i get up to 10k tax free anyway. Thoughts? |