![]() ![]() Many small business owners, including contractors, may absorb a number of costs personally before their businesses are up and running.įor the average IT contractor, many of these expenses will be incurred shortly before company formation. If you’ve spent personal funds setting up your contracting business, what scope is there to reclaim these costs from your limited company, once it has been incorporated? Pension contributions and tax relief – how it works.Limited Company Profits – Tax Calculator.April 2022 Dividend Tax (and NIC) Increase Calculator.
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