Company expenses and tax liability question

arney · Apprentice Joined: 29 Dec 2006 Posts: 4

Hello everybody. My name is David and I would appreciate if you could answer my company expenses and tax liability question. The thing is that I would like to start my own company and I would like to know what are going to be my tax obligations. Thank you in advance for your posts. Bye!

killie · Apprentice Joined: 09 Nov 2005 Posts: 5

Hello to you, David. Congratulations on your decision to start your own business. I hope that you will be doing well. Well, I don’t know much about the issue that you have mentioned here. How much tax you will have to pay for your company depends on the various factors. Type of company, its size, number of employers and so on. I think that, when it comes to company expenses, you can claim some relief especially in the beginning, but I cannot give you some exact information. I think it would be the best to hire some tax advisor to tell you everything that you want to know. Once again, I wish you all the best. Bye!