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  1. #19
    There's an up side to it also. If you register as a 'Sole Trader' for example and submit your annual tax form, then if your outgoings are greater than your income you may be eligible for a tax refund. This is a great help if you are starting a business where you need initial outlay for machinery etc.
    Last edited by EddyCurrent; 30-01-2014 at 10:49 AM.

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