tax man not chappy if you have zero sales first year?
would appreciate your thoughts on my scenario. I started up business last dec as a sole trader. My business is in science software for the mobile phone and internet. I have spent all the time since I started further developing my software and will only really will be able to have (and want to have) customers perhaps in November this year, but perhaps not until next year.
Perhaps I should have waited a year before starting my business until the software was developed, but by having an active business, this has let me build up a group of potential clients whom I am working with to make the software 'fully featured'. I also, as a one-off, was paid for by one client for an early version of my software (Dec last year).
My issue is though, will I get into trouble with the tax man for potentially having no sales this year? Having zero tax sense, this is a concern for me.