self employed people, what things do you claim tax back on?
30-01-2008, 09:10 PM
#1
PassionFord Post Whore!!
Thread Starter
iTrader: (2)
Join Date: Oct 2005
Location: chingford, london
Posts: 7,827
Likes: 0
Received 0 Likes
on
0 Posts
self employed people, what things do you claim tax back on?
im just wondering what you guys put in to claim tax back on, i.e diesel, insurance, clothes, tools etc etc, reason being the tax man likes to get greedy and for obvious reasons id like to try and hold on to as much of my earnings as poss and was wondering if there were things i could be putting reciepts in for? cheers
30-01-2008, 09:18 PM
#3
PassionFord Post Whore!!
Thread Starter
iTrader: (2)
Join Date: Oct 2005
Location: chingford, london
Posts: 7,827
Likes: 0
Received 0 Likes
on
0 Posts
if people could list things though i could get a rough idea as i know somethings they'' question but i wana get myself a rebate instead of paying 
30-01-2008, 09:25 PM
#5
Too many posts.. I need a life!!
As above... Evening meals (Business meetings) Fuel, food, office, storage fees, postage, computers, digital cameras, taxis, batterys, any thing related to van, Tools, hotels, parking, etertaining clients,
The list goes on.... anything you can relate to your work!
The list goes on.... anything you can relate to your work!
30-01-2008, 09:30 PM
#6
PassionFord Post Whore!!
Thread Starter
iTrader: (2)
Join Date: Oct 2005
Location: chingford, london
Posts: 7,827
Likes: 0
Received 0 Likes
on
0 Posts
i have anoth meals out so that one would be great, i do use an accountant but i know im going to find it hard this year getting a rebate as my earnings are going to be alot higher than last years so i need to satrt addressing the problem now to show tax man i havnt earnt as much lol
Trending Topics
30-01-2008, 10:18 PM
#9
Advanced PassionFord User
Join Date: Oct 2004
Posts: 2,055
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Doh
i'm in a very similar situation with my self employed business (i'm also employed full time) - how much does an accountant cost roughly?
but for the sole trader say doing 25-50k £500
well worth it for what extra they can save you
30-01-2008, 10:19 PM
#10
Too many posts.. I need a life!!
Join Date: May 2003
Location: CORNWALL!!!!!!
Posts: 746
Likes: 0
Received 0 Likes
on
0 Posts
anywhere from £250 for sole trader to £1200 for limited company
definately worth using an accountant but make sure you get a good one ask around i got a £5500 rebate last year should hopefully get the same again this year
definately worth using an accountant but make sure you get a good one ask around i got a £5500 rebate last year should hopefully get the same again this year
)
30-01-2008, 11:59 PM
#13
Italian convert
Join Date: Oct 2007
Location: Chesterfield
Posts: 401
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by gus
everything!!!!!!!!!!!!!
absolutly everything
using home to do my accounts, light bulbs, washing powder to wash work clocthes, stationary
what ever you can think of
absolutly everything
using home to do my accounts, light bulbs, washing powder to wash work clocthes, stationary
what ever you can think of
31-01-2008, 08:57 AM
#16
Too many posts.. I need a life!!
Join Date: Sep 2006
Posts: 918
Likes: 0
Received 0 Likes
on
0 Posts
If any of you want any tax advise or are looking for an accountant then drop me a PT.
My wife and I run our own business specialising in the smaller business and are always willing to help.
Thats where the user name comes from as its the company name. Bookwyse.
Regards
Jeff
My wife and I run our own business specialising in the smaller business and are always willing to help.
Thats where the user name comes from as its the company name. Bookwyse.
Regards
Jeff
Thread
Thread Starter
Forum
Replies
Last Post
