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Need minimum 200 words for each answer. Please be specific to word limit. Thankyou Q1: Discuss some major consequences of being an employee versus self-employed.

Need minimum 200 words for each answer. Please be specific to word limit. Thankyou

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Q1: Discuss some major consequences of being an employee versus self-employed. Q2: Explain the following with examples: a) Capital Allowances vs Depreciation b) Difference between sole proprietorship and company c) Rental Income d) Cash vs Accrual accounting Q3: Discuss the Tax Credit System in detail (with examples)

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