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Another year another tax bill
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tahir



Joined: 28 Oct 2004
Posts: 45674
Location: Essex
PostPosted: Thu Jan 20, 05 1:14 pm    Post subject: Reply with quote
    

Thanks

 
sean
Downsizer Moderator


Joined: 28 Oct 2004
Posts: 42219
Location: North Devon
PostPosted: Thu Jan 20, 05 1:15 pm    Post subject: Reply with quote
    

Salright, I haven't earned anything in the last year.

 
alison
Downsizer Moderator


Joined: 29 Oct 2004
Posts: 12918
Location: North Devon
PostPosted: Thu Jan 20, 05 2:21 pm    Post subject: Reply with quote
    

I have just come back from the accountants now. Just the final figures to get done and we are done. Thank goodness for that.!!

 
High Green Farm



Joined: 30 Nov 2004
Posts: 349
Location: Mid-Suffolk
PostPosted: Thu Jan 20, 05 2:28 pm    Post subject: Reply with quote
    

mrutty wrote:
There is a major difference between a certified accountant and a chartered accountant by the way. Biggest issue is that certified once can't sign passports


hmmm interesting. I am certified, and I have been signing them for years....never any comeback.

 
Guest






PostPosted: Thu Jan 20, 05 5:13 pm    Post subject: Reply with quote
    

I can sign passports!

 
Fullup



Joined: 09 Dec 2004
Posts: 183
Location: Under water
PostPosted: Mon Jan 31, 05 1:19 pm    Post subject: Reply with quote
    

Phew! Just finished our tax returns. The bloomin I.R. web site has been playing up all weekend, it's taken ages to get the returns accepted with the online service.

All done for another year. We can get on with catching up with all the things we've put to one side now.

 
Gervase



Joined: 17 Nov 2004
Posts: 8655

PostPosted: Mon Jan 31, 05 4:41 pm    Post subject: Reply with quote
    

Did ours last week, and for the first time ever gave thanks for slf-assessment, even though we earn peanuts these days. Fingers crossed, but I've clawed back over a grand for t'other half, and wiped out my arrears completely. Shame the interest only works in one direction, though

 
Rob R



Joined: 28 Oct 2004
Posts: 31902
Location: York
PostPosted: Mon Jan 31, 05 8:34 pm    Post subject: Reply with quote
    

Self Assessment- Tax doesn't have to be taxing

When tax is causing you problems, you know you're earning too much

 
Treacodactyl
Downsizer Moderator


Joined: 28 Oct 2004
Posts: 25795
Location: Jumping on the bandwagon of opportunism
PostPosted: Mon Jan 31, 05 9:44 pm    Post subject: Reply with quote
    

Rob R wrote:
When tax is causing you problems, you know you're earning too much


Not quite, if you work for only a few months out of a year you end up paying too much tax. I filed my return last July I think, amazing how quick you can get it in when you are owed money.

Agree Gervase, if only the IR paid interest.

 
Fullup



Joined: 09 Dec 2004
Posts: 183
Location: Under water
PostPosted: Mon Jan 31, 05 10:02 pm    Post subject: Reply with quote
    

Gervase wrote:
Did ours last week, and for the first time ever gave thanks for slf-assessment, even though we earn peanuts these days. Fingers crossed, but I've clawed back over a grand for t'other half, and wiped out my arrears completely. Shame the interest only works in one direction, though


I managed to get 6pence interest from them for the 2002/03 year.

Still not sure what I should spend it on..

 
Treacodactyl
Downsizer Moderator


Joined: 28 Oct 2004
Posts: 25795
Location: Jumping on the bandwagon of opportunism
PostPosted: Mon Jan 31, 05 10:05 pm    Post subject: Reply with quote
    

Fullup wrote:
I managed to get 6pence interest from them for the 2002/03 year.

Still not sure what I should spend it on..


Was it taxable.

 
mrutty



Joined: 28 Oct 2004
Posts: 1578

PostPosted: Mon Jan 31, 05 10:06 pm    Post subject: Reply with quote
    

High Green Farm wrote:
mrutty wrote:
There is a major difference between a certified accountant and a chartered accountant by the way. Biggest issue is that certified once can't sign passports


hmmm interesting. I am certified, and I have been signing them for years....never any comeback.


Run for the hills and hide

 
Lloyd



Joined: 24 Jan 2005
Posts: 2699

PostPosted: Mon Jan 31, 05 10:17 pm    Post subject: Reply with quote
    

Tahir, your snowman is melting.

 
Fullup



Joined: 09 Dec 2004
Posts: 183
Location: Under water
PostPosted: Mon Jan 31, 05 10:23 pm    Post subject: Reply with quote
    

Treacodactyl wrote:
Fullup wrote:
I managed to get 6pence interest from them for the 2002/03 year.

Still not sure what I should spend it on..


Was it taxable.


I hope not just watch me get a fine for not paying it

 
Rob R



Joined: 28 Oct 2004
Posts: 31902
Location: York
PostPosted: Mon Jan 31, 05 10:50 pm    Post subject: Reply with quote
    

Treacodactyl wrote:
Rob R wrote:
When tax is causing you problems, you know you're earning too much


Not quite, if you work for only a few months out of a year you end up paying too much tax. I filed my return last July I think, amazing how quick you can get it in when you are owed money.

Agree Gervase, if only the IR paid interest.


Hardly causes you problems, financially, though, when you are owed That's always a good feeling. Shame you can't just opt out, when you're filling in all the forms & you know it's only going to be to get a few quid back- I'd let them have it to avoid the paper trail- doesn't quite work like that though

 
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