Nows the time to Start a Home based Business

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I am starting a home based business as well as i am a full time employee in London, how much tax do i pay?

buns asked:


My questions are;
1. Even though i pay tax on my full time job do i still have to pay more tax on my home business?
2. If yes, how much tax do i need to pay if i earn 300£ p/w?
3. Are there any other taxes i need to pay for being self employed and working home based?
I need to assess the financial situation before i jump into it. Please help. Thanks.

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Posted 8 years, 1 month ago.

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