Hey, so I’ve set up my own salon working from home. I’ve kept every receipt etc to do my tax return and sort out my allowable expenses. But I’m really confused.
Do I get money back like a refund? Eg I bought a backwash unit. Do I physically get the tax that I paid on it paid back to me into my bank? So if something cost me £100 I get £20 back into my bank account?
probably a really stupid question but it has me stumped
I won’t be earning over £12,000 a year. I’m just doing a couple of days around the kids.
Thanks geeks, this group really is fab!
Do I get money back like a refund? Eg I bought a backwash unit. Do I physically get the tax that I paid on it paid back to me into my bank? So if something cost me £100 I get £20 back into my bank account?
probably a really stupid question but it has me stumped
I won’t be earning over £12,000 a year. I’m just doing a couple of days around the kids.
Thanks geeks, this group really is fab!