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But the Bloke Down the Pub Told Me...

You have all heard "useful advice" from the bloke in the pub - it usually starts something like "Did you know that apparently...". However, following his advice can be risky or even expensive so let us help you sort out fact from fiction. Here are some of the things that we've heard:

"You do not have to pay tax in your first year in business"
Physically true, you do not have to pay a penny to the tax man during your first year, however you will have to pay 18 months worth later.

Have you had any advice that you are not sure about? Email us or use the contact forms on this site to ask us about it.