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Dean Taberner

  • Posts: 4164
Whats your tax bill?
« on: December 16, 2008, 04:27:50 pm »
Hi all,

Just wondering what the average tax bill is?

Ive just been hit with a £6k + :o :o :o

Its a lovely Xmas present. Especially as ive lost a £12k a year contract due to the collapse of the building trade and been ripped off for nearly £7K by a fraudster and paid out £2k+ in wages and diesel to get the work done.

Bring on 2009 I say. :-\

Dean.

Dean.
Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

Paul Coleman

Re: Whats your tax bill?
« Reply #1 on: December 16, 2008, 04:32:20 pm »
Hi all,

Just wondering what the average tax bill is?

Ive just been hit with a £6k + :o :o :o

Its a lovely Xmas present. Especially as ive lost a £12k a year contract due to the collapse of the building trade and been ripped off for nearly £7K by a fraudster and paid out £2k+ in wages and diesel to get the work done.

Bring on 2009 I say. :-\

Dean.

Dean.

That's a nice way of asking what profit someone made   ;D

Sounds like you've had a rough ride lately.  Hope things get better for you.

ok cleaning

  • Posts: 649
Re: Whats your tax bill?
« Reply #2 on: December 16, 2008, 05:05:15 pm »
looks like your turn over is quite high so you sould tink of changing to ltd saves you some money

seandyer2003

Re: Whats your tax bill?
« Reply #3 on: December 16, 2008, 05:06:34 pm »
howd you get done over for 7k mate?

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #4 on: December 16, 2008, 05:07:23 pm »
It was shocking throughout the summer mate,

Ive managed to pick it up now as ive been canvassing whilst the 2 lads who work for me were doing the work.

Im actually snowed under at the moment. I think Xmas has come about a month too early.

Dean.
Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #5 on: December 16, 2008, 05:08:20 pm »
looks like your turn over is quite high so you sould tink of changing to ltd saves you some money

6K includes my 2k payment on account :(
Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #6 on: December 16, 2008, 05:11:50 pm »
howd you get done over for 7k mate?


It was through doing boots and abbey nationals all over my area and beyond through sub contracting. They were weekly cleans. At first I got paid regular and then it slowed down.

It turned out the woman who I was subbing off had run her company in the ground ripped of me, 2 of my mates and a factoring company for over 200k, VAT fraud the works.

Dean
Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

clean

Re: Whats your tax bill?
« Reply #7 on: December 16, 2008, 05:22:59 pm »
howd you get done over for 7k mate?


It was through doing boots and abbey nationals all over my area and beyond through sub contracting. They were weekly cleans. At first I got paid regular and then it slowed down.

It turned out the woman who I was subbing off had run her company in the ground ripped of me, 2 of my mates and a factoring company for over 200k, VAT fraud the works.

Dean

Dean,
have you actually been paid for ALL the work,because you can`t get taxed on it unless you have been paid the money  ;)

Paul Coleman

Re: Whats your tax bill?
« Reply #8 on: December 16, 2008, 05:44:30 pm »
howd you get done over for 7k mate?


It was through doing boots and abbey nationals all over my area and beyond through sub contracting. They were weekly cleans. At first I got paid regular and then it slowed down.

It turned out the woman who I was subbing off had run her company in the ground ripped of me, 2 of my mates and a factoring company for over 200k, VAT fraud the works.

Dean

Big ouch !!
I thought it was bad enough wnen I got turned over for £70 a few years back.

Tosh

Re: Whats your tax bill?
« Reply #9 on: December 16, 2008, 05:55:51 pm »
It's funny isn't it. 

When I was employed I was forking out about £450 a month on tax and £120 (+) on national insurance contributions.

As an employee that must've been around £7K tax per year I paid; probably more; and I'm going back about eight years ago.

I don't pay anything like that now; but then again I'm a Geordie and most of us work in a cash based industy.  ;)

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #10 on: December 16, 2008, 05:58:46 pm »
howd you get done over for 7k mate?


It was through doing boots and abbey nationals all over my area and beyond through sub contracting. They were weekly cleans. At first I got paid regular and then it slowed down.

It turned out the woman who I was subbing off had run her company in the ground ripped of me, 2 of my mates and a factoring company for over 200k, VAT fraud the works.

Dean

Dean,
have you actually been paid for ALL the work,because you can`t get taxed on it unless you have been paid the money  ;)

Hi mate,

This has happened to me in this tax year 2008/2009.

The tax bill im paying in Jan is for 2007/2008.

Dean
Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

birdymiller

  • Posts: 682
Re: Whats your tax bill?
« Reply #11 on: December 16, 2008, 06:15:36 pm »
So you dont pay £6000 in jan and £6000 july then. Have you got your statement already, mine normally arrives after i have broke up for xmas and im enjoying myself.

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #12 on: December 16, 2008, 06:22:23 pm »
No mate.

£4k + £2k = £6k in Jan. Very nice.

And then £2k in July.

Dean.



Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #13 on: December 16, 2008, 07:00:31 pm »
Stop moaning the more tax you pay the more you must be earning  ;D


 ;D  I think im too honest Stan.

What is the average tax bill then?

I cant understand why people dont want to say. ??? ???

Is mine high or low?

Last year mine was £1600 but I was off alot of the tax year with my smashed up legs fom my ladder fall.

Dean

Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

cherubs cleaning

  • Posts: 724
Re: Whats your tax bill?
« Reply #14 on: December 16, 2008, 07:31:19 pm »
£231.78


08/09



JERRY

East coast window cleaning Services

  • Posts: 1458
Re: Whats your tax bill?
« Reply #15 on: December 16, 2008, 07:34:00 pm »
Under a grand  ;D ;D

The most my corp tax has ever been was £1300

deantaberner.............. Ever you accountant is pants or your earning a bomb
P&R Window Cleaning

Re: Whats your tax bill?
« Reply #16 on: December 16, 2008, 07:40:18 pm »
Mines hardly anything, but when i put my accounts in in april i'm going to get hammered because of this payment on account, or the fact that you don't pay anything for the first year.

My first year was a standing start and i had high start up costs so little was due.The tax partnership i left mean't that she(my wife) got clobbered with a bill this jan similar to yours although i phoned them and have been paying by direct debit before it becomes due.

They have guessed my tax to be the same this year ( which it isn't) and then they will want much higher payments on account too, so once again in jan i am going to ask for an arrangement even though i don't declare untill april.

When you have steadied after about three years your tax reflects your earnings, before that it's either nothing or a lot.

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #17 on: December 16, 2008, 07:43:57 pm »
In reality 4K is only around 80quid a wk.

My accountant is a really well known accountant in my area. Not one of these £75 tax return done on the spot set ups.

Ive had a guiness and a glass of wine now and ive chilled out. :P

Im happy to be paying into the country but I hope gordon can spend it wisely  :-X

Dean
Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

Dean Taberner

  • Posts: 4164
Re: Whats your tax bill?
« Reply #18 on: December 16, 2008, 07:46:09 pm »
Under a grand  ;D ;D

The most my corp tax has ever been was £1300

deantaberner.............. Ever you accountant is pants or your earning a bomb

How much do you turn over P&R?

Dean
Operations manager at J.V Price Ltd

http://www.thepricegroup.co.uk

Chameleon

Re: Whats your tax bill?
« Reply #19 on: December 16, 2008, 08:22:59 pm »
 ??? Tax, wat's dat den? ???