Employment and self-employment pages
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…is less that the compulsory VAT registration limit (https://www.gov.uk/vat-registration-thresholds#2), then you will only need a ‘three line account’ for your self-employment page: turnover, business expenses and net business profit. Figures are normally prepared for 12 months, though accounts of a different number of months are likely in the first and last years of a business. There are a number of areas to consider, such as private and business…