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lol me too, that why I leave it to the accountants, capital allowances? - that the tax offices way of not giving your all your tax back on a 10k car right away and giving it over a number of years?Should we not get interest for that loan
that will never happen mate
The taxman and the goverment are considering outlawing customers paying cash, instead they want them to pay by cheque or bank transfer.
you will all be pleased to know that iv been to my accountant today and we have a meeting on friday morning, was worth goin as my tax rebate was there for £1400 from when i fitted fascias so hopefully everything can be put in place ready for when i return off holiday for a new start.cheers for all the positive comments im glad you all stood by me and can see that im trying to get my head round things!!
Quote from: richywilts on March 30, 2009, 09:42:25 pmyou will all be pleased to know that iv been to my accountant today and we have a meeting on friday morning, was worth goin as my tax rebate was there for £1400 from when i fitted fascias so hopefully everything can be put in place ready for when i return off holiday for a new start.cheers for all the positive comments im glad you all stood by me and can see that im trying to get my head round things!!Lucky B*****D, wish i got a rebate
Quote from: seandyer2003 on March 31, 2009, 09:22:28 amQuote from: richywilts on March 30, 2009, 09:42:25 pmyou will all be pleased to know that iv been to my accountant today and we have a meeting on friday morning, was worth goin as my tax rebate was there for £1400 from when i fitted fascias so hopefully everything can be put in place ready for when i return off holiday for a new start.cheers for all the positive comments im glad you all stood by me and can see that im trying to get my head round things!!Lucky B*****D, wish i got a rebate Just being inquisitive here. Am I reading this right that the rebate was with the accountant? If so why? All our rebates have come directly to us in one form or another. The rebate suggests that the fascia work was on self employment terms, or it would have come through a p.a.y.e. system, so if that's right, did you register as S/E then Richy, cos if you did and you haven't de-registered since then you should be ok with that part and just need to catch up with your returns from last year....
not untill we hear what the accountant said :
i set out and began last august but had a few setbacks along the way and havent really ran things full time yet i.e not earning a regular weekly wage that i could live off. i was planning on going fully legit paying taxes etc at start of april beginning of tax year, wat things do i have to do to be a fully legitimate business what pointers do you all suggest,im meant to be seeing accountant but hes been busy with all the tax returns etc.iv got no excuses im all set to go this year got website done, new leaflets and vans getting signwritten next few weeks.so i should begin to pick up regular amounts of work to push me towards becoming a full timer.also im not a dole cheat etc i dont sign on.any advice would be appreciated cheers richy
if u earn less then 9 grand a year u wont get tax and if u do u will only get taxed on what u earn over this.