Why Payment On Account Can Come As a Nasty Shock to Sole Traders and SMEs

Image of depressed looking businesswoman sitting at computer in office holding glasses and rubbing eyes.

Most Small Business Owners and Sole Traders don’t understand the rules around Payment on Account. But they might need to find a lot more money for the taxman! Find out why Kent’s sole traders and business directors who have a tax liability of just £1000 could have to pay next year’s income tax in advance […]