"Without knowing your full circumstances, I'd still hazard a guess that is on the very high side for a sole trader / self employed person.
A good small business specialist accountant should be your 'best friend' if you want to minimise tax liability…"
ICL is pleased to announce Irwin’s Sportsturf as a new distributor for the ICL plant protection range in Northern Ireland.When it comes to protecting turf and managing landscape areas, ICL’s range of plant protection and control products provide the…
"Perhaps they would be better off employed as a gardener working for someone else rather than running their own outfit?
There are many benefits for someone in a position like this - namely guaranteed income, holiday pay, pension and a removal of…"
"Totall agree Nick. Going 'digital' has massively reduced any tax related effort and allows me concentrate on the business knowing the financials are correct.
Otherwise bit like having a dog and barking yourself ......"
"Some of them don't earn very much to be fair and may see an accountant as an unjustifiable expense. it's getting to the stage where people will be told "Sorry Son, you're too Thick to be a Gardener" lol"
"Why can't they seek the help of a book keeper or accountant?
I've never personally filled in a personal tax return or company tax return in the 20 years I've been in business....
VAT returns are different, they take no more than 10 mins to file as…"
"i know self employed people who struggle to even fill in a paper tax return (which has to be filed months before the online version) Another one who was forced to set up a "G"-mail address does not even know how to access it, and doesnt understand…"
"I asked my accountant if she would charge more for the extra work if HMRC do insist on quarterly payments? The response I got was that QB would be used to check my tax returns etc and as such the fees would be approximately divided in 4 invoices.…"
"The argument for paying quarterly is essentially twofold. A steady cash flow for the government and it's less of a financial burden on the tax payer if paying out smaller lumps instead of the current two payments January and July. As for cash that's…"