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UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Wc Solutions on October 10, 2011, 04:33:22 pm

Title: tax return form info please
Post by: Wc Solutions on October 10, 2011, 04:33:22 pm
i never look at these things, let accountant do it all but my mate has been self employed for a while now and has to complete his form for the first time.

he is trying to do it himself as he doesnt earn much.

he showed me the form he was sent to fill in.

its only 4 pages (short tax return)

asked me to help out with it, im sure there is supposed to be more than just this very small 4 page short form.

so basically what forms does he need, im sure he needs more??
Title: Re: tax return form info please
Post by: stuart mc on October 10, 2011, 04:38:28 pm
I do mine online but that sounds about right, it isn't complicated
Title: Re: tax return form info please
Post by: Wc Solutions on October 10, 2011, 04:41:29 pm
I do mine online but that sounds about right, it isn't complicated

doesnt he need the self employment form with it to??

told him do it online but he wants to get his head round it as its his first etc ...
Title: Re: tax return form info please
Post by: Catherine10 on October 10, 2011, 04:42:53 pm
Hi WC, yes I would have thought there would be more than four pages.........  Im just trying to think of the letter or paper work that comes before or even with the form....He could do it online, he would need to register and by memory would get a "gateway" number to log on with.......
Title: Re: tax return form info please
Post by: Tom White on October 10, 2011, 04:57:19 pm
i never look at these things, let accountant do it all but my mate has been self employed for a while now and has to complete his form for the first time.

he is trying to do it himself as he doesnt earn much.

he showed me the form he was sent to fill in.

its only 4 pages (short tax return)

asked me to help out with it, im sure there is supposed to be more than just this very small 4 page short form.

so basically what forms does he need, im sure he needs more??

Nope, if his finances are simple, and he has no income from say a property he owns and rents (for example), the short tax return is all he needs to fill out.

It's very simple to do.

How much does your accountant charge you for doing it?  ;D
Title: Re: tax return form info please
Post by: Wc Solutions on October 10, 2011, 04:58:56 pm
i never look at these things, let accountant do it all but my mate has been self employed for a while now and has to complete his form for the first time.

he is trying to do it himself as he doesnt earn much.

he showed me the form he was sent to fill in.

its only 4 pages (short tax return)

asked me to help out with it, im sure there is supposed to be more than just this very small 4 page short form.

so basically what forms does he need, im sure he needs more??

Nope, if his finances are simple, and he has no income from say a property he owns and rents (for example), the short tax return is all he needs to fill out.

It's very simple to do.

How much does your accountant charge you for doing it?  ;D

mine charges me £40 or £45 for filling my form online.
Title: Re: tax return form info please
Post by: Tom White on October 10, 2011, 05:12:39 pm
i never look at these things, let accountant do it all but my mate has been self employed for a while now and has to complete his form for the first time.

he is trying to do it himself as he doesnt earn much.

he showed me the form he was sent to fill in.

its only 4 pages (short tax return)

asked me to help out with it, im sure there is supposed to be more than just this very small 4 page short form.

so basically what forms does he need, im sure he needs more??

Nope, if his finances are simple, and he has no income from say a property he owns and rents (for example), the short tax return is all he needs to fill out.

It's very simple to do.

How much does your accountant charge you for doing it?  ;D

mine charges me £40 or £45 for filling my form online.

I'll do it for £20.  ;D
Title: Re: tax return form info please
Post by: Wc Solutions on October 10, 2011, 05:15:15 pm
so did you do it inline or by paper??

just wondering as if by paper dont you think its far too short. im sure theres a short self employment form to go with it
Title: Re: tax return form info please
Post by: stuart mc on October 10, 2011, 08:20:30 pm
so did you do it inline or by paper??

just wondering as if by paper dont you think its far too short. im sure theres a short self employment form to go with it

all they want to know is your turnover less expenses, and a few other questions so that should be it, read the form  and if doesn't ask that it is wrong, if it does well that is correct.
Title: Re: tax return form info please
Post by: gregmyster on October 13, 2011, 08:28:10 pm
the short tax return is only 4 pages fill in your details on the first page, page 2 incomings and outgoings and then just check the other questions in case any affect you and thats it. i think it has to be sent of this month or you will have to do it online
Title: Re: tax return form info please
Post by: Dick on October 13, 2011, 09:52:32 pm
Short tax form is ok if your turnover/trading profit is below a certain amount £10k I think. HMRC are trying to make it easy to complete. Do it on line, if you're due a refund they'll pay it promptly.
Easy
Title: Re: tax return form info please
Post by: bumper on October 14, 2011, 06:14:12 am
easy all you do is  gross/net/outgoings
gross/£3500/outgoings£500/net£3000
 no tax or stamp

thats it ;D
Title: Re: tax return form info please
Post by: windiewasher on October 14, 2011, 09:01:43 am
easy all you do is  gross/net/outgoings
gross/£3500/outgoings£500/net£3000
 no tax or stamp

thats it ;D
Bumper will you do my tax return please