What was the name of that accountant fella that used to advertise on that Charlton radio show back in the day ... "Now you've got your tax return there's one name you should learn ........"
Clearly didn't work on me - I can't remember his name.
Self assessment is really really easy these days. The online portal is good, although some of the passwords and security elements can become a necessary evil.
If you are able to keep a decent ledger of your profit and loss on excel or some other spread sheet then you can do SA. it's an easy interface HMRC have designed
Key will be assessing any special benefits or regulations your particular profession might entail. Then finally dealing with any investment income you have and how you route it through your trading entity.
I do not mean to underplay the role of a good accountant or solicitor but it is within the reach of most do it ok e themselves
Just don't assume HMRC will always get their end of the bargain totally correct. I have had difficulties in the past trying diligently trying to repay over refunded tax due
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Graham Sadler of Sadler Davies. He's on holiday at the moment though
Clearly didn't work on me - I can't remember his name.
If you are able to keep a decent ledger of your profit and loss on excel or some other spread sheet then you can do SA. it's an easy interface HMRC have designed
Key will be assessing any special benefits or regulations your particular profession might entail. Then finally dealing with any investment income you have and how you route it through your trading entity.
I do not mean to underplay the role of a good accountant or solicitor but it is within the reach of most do it ok e themselves
Just don't assume HMRC will always get their end of the bargain totally correct. I have had difficulties in the past trying diligently trying to repay over refunded tax due