Im no accountant - self taught on quick file - but I’m paying my self assessment for tax and wanting to know what nominal do you tag? is it proprietors drawings. (my books do go to an accountant every year).
What I can’t work out as when you take a drawing each week from the business and tag to proprietors drawings - surely when you also tag this payment to HMRC self assessment it looks like you have even more earnings…just want to understand how it works. thanks