Not so much a review as a suggestion. If you complete a self assessment tax return, especially if you are at that time of life when you are making larger pension contributions, get an accountant to do it for you. I got myself into a panic before Christmas trying to do it myself and seeing a truly eye watering and bewildering amount come up as tax owed, to the extent that I deleted everything rather than submitting and sought professional advice. Obviously a professional who works on a just in time basis given today is deadline day as I’ve just had a call from him to give me a new figure on what I owe and it’s half what my own calculations had got. Plus measures in place to make sure it doesn’t happen again. It’s still a lot but I’m sure I do owe it as things looked very odd on my salary slip last year.
More DT done hers recently bastards taking money on account ... bit of photoshop and legal preparation and a new bathroom in one house travelled a few miles to Kingston so when I have a bath in Wimbledon I am actually in Kingston The money I have saved on travelling will not be declared If only I could do that in France
Psycle Sluts innit. I’m not sure I fully understand that. Mrs SB has her own company and pays corporation tax on account, but I think that’s standard. Or perhaps it’s dividend tax. They were asking me, on PAYE, to pay my income tax on account the numbers were so big. My accountant on one glance said ‘nah, that won’t be happening’. In a reassuring Brummie accent.
We have reduced the final figure to be paid online ... including the tax on account changes within forms maybe live but everyone does it to calculate the submission Money needed to be shown as repairs and offset to reduce total ... if you haven’t spent on repairs then creative accounting can help You ain’t seen me right?
I've got my own limited company, and they changed the tax-free dividend tax from £5k down to £2k this year. My accountant had me paying my PAYE on account, and I've now ended up with a £1k refund - which is nice. Hopefully my corporation tax will be low too as I spent a load on travelling expenses last year....
Probably not the place for it but my wife pays herself a minimum wage style salary on low/no income tax and then takes the real money in dividends, but as you say she’s been telling me that it’s getting meaner and meaner. She puts a staggering amount of stuff on expenses. I think it’s fair enough for people who have no company pension, no sick pay, no paid holiday etc. My son is on the special builders self employed tax scheme, and is delighted to be getting a £5k refund (for two years) this time round. Until I noted that it’s because he is underpaid. How on earth a company grunt like me on old style PAYE managed to be stung so hard is beyond me.
Sounds like Mrs SB has a similar accountant to mine! That's how I run my business, minimum wage, expenses and dividends - my travellimg expenses alone were astronomical (and I don't do fancy hotels!) without all the other little add-ons the accountant puts in. I used to be VAT registered as there was a nice loophole that made me an extra 8%, but they've closed that now, too.
See we are all at it We are tax evaders My motor’s parking permit in London now based on its engine size so **** them
We're decorating the front room (or rather paying someone else to do it), so have no curtains up, and I'm sitting in a darkened room listening to music and watching the snowfall in the street light across the road. Very therapeutic.
Mate, I’m so jealous. One of the best bands around from that era/genre and along with Portishead (with the subliminal vocals of Beth Gibbons), great music to put on after a heavy session and chill the **** out to.
Look up Adam Curtis on YouTube mate, you will love his stuff. Epic long visual essays on how the world got to where it is. His three parter The Trap is depressingly convincing. Here’s a taster
Here's some footage from the Manchester gig.....the sound isn't the greatest, but captures the video show well By the way, what a waste of an experience, watching a whole gig through your phone screen!