Business tax in the UK 🇬🇧👀

5 months ago
15

💥STARTING A BUSINESS IN THE UK? HMRC ISN’T PLAYING GAMES 💼📉 Most people get excited to make money — but forget about the taxes that come with it. If you don’t plan right from DAY ONE, you could end up owing thousands… or worse 😮‍💨⚠️

When you start a business in the UK 🇬🇧, you’re expected to handle:

Income Tax (on your profits)

National Insurance Contributions (if self-employed or director)

VAT if your turnover crosses £90,000

And Corporation Tax if you’re a limited company 💸📊

It sounds heavy… but here’s how it works 👉 In simple terms, if you earn, you pay. So track your income 💵, keep receipts 📁, and open a separate account to manage everything. Setting aside 20–30% of your profits for tax can keep you stress-free and prepared when deadlines hit 🗓️✅

📖 Jesus said, “Render unto Caesar the things that are Caesar’s...” — Matthew 22:21 ✝️ That means be honest, but also be wise. The Lord calls us to manage well, and part of stewardship is handling tax with integrity and excellence. Even Jesus paid the temple tax in Matthew 17:27 — but He paid it from a fish’s mouth… supernatural provision and smart timing 🐟💰

👁️ The conspiracy? They’ll let you start a business with ease — but won’t teach you how to legally protect your profits. Most people are overwhelmed by tax, and that’s exactly how they want it — confused, penalised, and stuck in red tape 🧾 Meanwhile, major corporations avoid tax legally and structure everything with professionals 🧠💼

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