You'll need to pay Class 2 NI contributions, unless you get a small earnings exception.You are paying £121 per month on your business, with no current earningsAlso there should be a completely separate SOA for the business , these are not expenses which should be shown on your personal SOA.Padders
© Copyright 1998-2013, The Motley Fool Limited. All rights reserved. This material is for personal use only.The Motley Fool, Fool, and the "Fool" logo are registered trademarks of The Motley Fool, Inc.Place of Reg: England & Wales. Company Reg No: 3736872. VAT Reg No: 945 6990 68. Registered Office: 5th Floor, 60 Charlotte Street London W1T 2NU.
Page load time and server: