Put Money Aside for the Tax Man!
> Get a second bank account and link it to your main account
> Transfer money each month to the second account
> Remember you may not need to pay tax for 18 months to 2 years
> Know what you tax liabilities are!
Its vital you know what your tax liabilities are when you start your business as this allows you to plan ahead! You can find out what your liabilities are from your accountant or HMRC.
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