Seeking Advice: Corporation Tax on E-commerce Profits – How to Manage or Reimburse?

[arkwright]

I am Doing E commerce in UK For almost 1 and a half year On amazon ebay and etsy, I have registered LTD, yesterday I was charged 19% corporation tax from my profit, I don't know much about this, is there anyone who can guide me how can I prevent this tax or reimburse this amount, Seniors please guide.

 

[woodlittle]

There is a 19% corporation tax that you have to pay from your company's profit every year. It is better to pay after filing annual tax returns.

 

[ladypickens]

You need to pay that tax every year if you company making profit.

 

[cmath02]

If your amazon and ebay accounts are on business details, convert them on personal details (pakistani details). This way, you won't have to pay taxes for amazon and ebay sales