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Tax Self Assesment!


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#16 pedros

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Posted 20 January 2008 - 01:15 PM

Dont we all bungle! the continual headache of self employment... what do you do??

I know its supposed to be 07 due now but for some reason my accountant runs a year behind, almost everyone i know has that as well, bit of a nightmare if you have a particually good year followed by a more average one!

guess i should put it away as i earn it! but then again that would have meant i was the kind of person who had a study plan or finished essays early!

#17 biggav

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Posted 20 January 2008 - 02:37 PM

Dont we all bungle! the continual headache of self employment... what do you do??

I know its supposed to be 07 due now but for some reason my accountant runs a year behind, almost everyone i know has that as well, bit of a nightmare if you have a particually good year followed by a more average one!

guess i should put it away as i earn it! but then again that would have meant i was the kind of person who had a study plan or finished essays early!


are you a limited company then? i have a company i don't use and i think that is a year behind everything else for returns.

#18 pedros

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Posted 20 January 2008 - 06:44 PM

nah, sole trader.
Just away to setup a separate limited one for a different aspect of work. fun fun

#19 Dan

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Posted 20 January 2008 - 08:58 PM

i filled in my return in august and i let them work out how much i have to pay

4k


11k even with a healthy amount of PAYE. My bank wouldn't let me transfer it all on one day so it's lucky I didn't leave it until the very end of January. I love payments on account I do. Still, I'll get quite a bit back after the June lump or they might even reduce it if I get my return in early in April. A good year followed by a bad year is painful, having to take a quarter off injured this year has relly messed me up.




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