Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: Bonkors on November 18, 2008, 10:14:40 pm

Title: Self Assessment
Post by: Bonkors on November 18, 2008, 10:14:40 pm
This is a question for those who employ an accountant to do self assessment. How much do you pay them to do it?
Title: Re: Self Assessment
Post by: CLEANGLASSUK on November 18, 2008, 10:16:16 pm
I have two businesses and i pay my accountant £140 a year
Title: Re: Self Assessment
Post by: Bonkors on November 18, 2008, 10:18:50 pm
do you pay the accountant for any other work or just self assessment. £140 does sound reasonable.
Title: Re: Self Assessment
Post by: CLEANGLASSUK on November 18, 2008, 10:20:43 pm
ive obviously got the window cleaning and also a tanning salon hes does all my self assesment for £140, i just give him all the figures and he sort's it all out for me.
Title: Re: Self Assessment
Post by: CLEANGLASSUK on November 18, 2008, 10:23:30 pm
He lives in worthing east sussex im sure he wouldnt mind taking someone else on but you would probaly have to chat on telephone and post you accounts to him,but i could ask for you if you want ,He is very good.
Title: Re: Self Assessment
Post by: Tosh on November 18, 2008, 10:24:15 pm
Bonkors,

This post will soon fill up with members saying, 'Don't be stooopid, get an accountant', or 'an accountant will save you more money than you spend on them', or 'Focus on your business and let an accountant do the boring stuff'.

But if you're a sole trader, doing your own books is easy; an accountant won't save you anything; though they'll make out they do.

A good book which is available in the library is called 'Self Assessment for the Self Employed', it's up-dated each year.  Self assessment is easy to understand; I think some window cleaners think it's rocket science when it's not.

And remember, it's called 'Self Assessment', not 'Accountancy Assessment'.

Title: Re: Self Assessment
Post by: CLEANGLASSUK on November 18, 2008, 10:25:51 pm
Bonkors,

This post will soon fill up with members saying, 'Don't be stooopid, get an accountant', or 'an accountant will save you more money than you spend on them', or 'Focus on your business and let an accountant do the boring stuff'.

But if you're a sole trader, doing your own books is easy; an accountant won't save you anything; though they'll make out they do.

A good book which is available in the library is called 'Self Assessment for the Self Employed', it's up-dated each year.  Self assessment is easy to understand; I think some window cleaners think it's rocket science when it's not.

And remember, it's called 'Self Assessment', not 'Accountancy Assessment'.


Dont listen to this man he wear's womens underwear ;D  ( im a lady you no )
Title: Re: Self Assessment
Post by: Bonkors on November 18, 2008, 10:29:04 pm
Bonkors,

This post will soon fill up with members saying, 'Don't be stooopid, get an accountant', or 'an accountant will save you more money than you spend on them', or 'Focus on your business and let an accountant do the boring stuff'...............................................................................
And remember, it's called 'Self Assessment', not 'Accountancy Assessment'.



Thanks for the response Tosh, I intend to do all my books myself, also the tax return. The purpose of my post is to see how much accountants charge sole traders for tax returns so that i know how much i am saving in cost.
Title: Re: Self Assessment
Post by: paulscotney on November 18, 2008, 10:52:03 pm
I can understand Tosh but for me I can't stand the hassle. My accountant  charges £75 to file it online for me and advise what was acceptable etc, and what I have missed.

He has charged same amount for last 3 times so anything around £100 should be ok IMO.

I'm not mentioning any opinion on whether they save you any tax.





Title: Re: Self Assessment
Post by: paulscotney on November 18, 2008, 10:57:14 pm
Also it is tax deductable so knock 20% approx off the above figures.
Title: Re: Self Assessment
Post by: L.J.Thorpe on November 18, 2008, 11:34:09 pm
tosh is right
that book v good and straightforward
i got it from my library but had to request it
self asses is simple you dont have to be the chief physicist at nasa to understand it
after all...........its not.........
Title: Re: Self Assessment
Post by: Bonkors on November 19, 2008, 10:58:22 pm
what else does everyone pay for self assessment?
Title: Re: Self Assessment
Post by: Moderator David@stives on November 19, 2008, 11:03:20 pm
I pay about £600
Title: Re: Self Assessment
Post by: Bonkors on November 21, 2008, 11:31:49 am
I pay about £600

what?!!? thats a lot for a self assessment, do you have anything else done for much