Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: www.mrgutters.co.uk on November 14, 2008, 10:09:26 pm

Title: tax return help
Post by: www.mrgutters.co.uk on November 14, 2008, 10:09:26 pm
i am doing my tax return online..i have entered all my figures and info but its saying that i have underpaid tax for 2007-2008.

i know i have a oustanding bill from july of this year is that what its meaning or is it something totally different.

shawn
Title: Re: tax return help
Post by: paulscotney on November 14, 2008, 10:15:37 pm
I don't wish to be boring but why not use an accountant. If you shop around you will get one for less than £150 maybe even £75 and they should save their fee, in savings.
Title: Re: tax return help
Post by: Clive McDonald on November 14, 2008, 10:19:32 pm
I think the outstanding bill should have been higher.
Title: Re: tax return help
Post by: www.mrgutters.co.uk on November 14, 2008, 10:25:22 pm
ok sounds about right
Title: Re: tax return help
Post by: CLEANGLASSUK on November 14, 2008, 10:25:40 pm
Find an accountant, Mine does my window cleaning and my tanning salon for just £140 a year.
Title: Re: tax return help
Post by: Clive McDonald on November 14, 2008, 11:01:10 pm
doing it yourself is better. You will make mistakes but you will learn.
Title: Re: tax return help
Post by: Moderator David@stives on November 15, 2008, 10:34:48 am
Discount

You might make mistakes and learn from them, but some of the mistakes could take years to discover.

 stick to what your good at, give your accounting to the accountant.

By not worrying about anything about the taxman allows me to press on more with my business.
Title: Re: tax return help
Post by: Moderator David@stives on November 15, 2008, 11:04:26 am
I clean my accountants windows, if he did them they would be a mess.

he does my accounts, if I did them, they would be a mess.



I like that one


Title: Re: tax return help
Post by: Central Window Cleaners on November 15, 2008, 06:40:31 pm
Where can you get an acountant for £75 a year, the last two we have had have cost well over £600 a year including end of year
Title: Re: tax return help
Post by: paulscotney on November 15, 2008, 07:21:21 pm
I
Where can you get an acountant for £75 a year, the last two we have had have cost well over £600 a year including end of year

That's what he used to charge me  You have to do the adding up and give him the figures. He doesn't add up all your recepits etc. or go through your bank statements adding up expenses, earnings etc.  He advises what is allowable etc., what's not, what you have missed and fills in the form. It was plus VAT of course.

He only only charges me £350p.a. for ltd co accounts.

I used to get charged about £250,  10 years ago but that was from a different accountant, when I just gave all the paperwork, receipts etc. and left it to them to add up.