Been looking at starting a side business reselling as a sole trader. Also been looking at ISA's specifically stock and shares ISA's im wondering if i put the profits from the side business into an ISA would the profits be tax free? is this allowed? if so would it be classed as an expense on a self assessment? or would i have to use my regular salary from my full time job to invest in an ISA? Cheers.
@TheQuickBooksChap3 жыл бұрын
Profits from the sole trader income will always be taxable no mater what you invest the money into