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I am on the hunt for an excel spreadsheet or similar. Most searches bring up sites who wish to relieve me of large sums of money to do it for me. Well sod that I want to do it myself :) . We are not talking a multi national cash flow.
Any advice appreciated.
I have the same issue .. :-(
I would just do it on a spreadsheet anyhow ...
I tried to hire an accountant recently but its not been a success so far! what I wanted was clear and consise advice ... what precisely do I have to do and when ..
I have asked him for that on about 3 occasions and he has failed to deliver it so far ..... I hope he does not expect him to pay his bill ... :-) like for what!
0845 9000 444
inland revenue helpline, they will tell you your local office where you can register. Do that now and you will get the pack with a guide.
You have until Sept 30 to get a paper form in if you wish to get them to work it out for and for them to gaurantee that it will be ready for January 2004 (payment) If you dont do it in time and it does not come back you will have to estimate your tax. You can do it online as DM says and that is almost instant in the calculation an so I have been informed will allow entries to be several months after the sept dealine.
PLEASE (unless your a chartered accountant) don't do it yourself!
It's a game and unless you know how to play the game, you lose!
Get a good chartered accountant and enjoy life, you will not regret it, hell they will even save you money ;)
I dont particularly want to be investigated down the road i my accountant becomes of bad repute with the tax authorities .. it does I think happen ..
I am fortunate to have a brother who is an accountant so I intend to do the donkey and get him to do the checking.
That said it is supposed to be easy:
"self assessment does not need to be taxing" said Adam Hart Davies. Horse....
That's one reason to get a chartered accountant - they've spent time getting a rep and they do not want to lose it. You don't have to go local just get a good one. You can do everything by post and/or the phone.
Have a chat with your brother, see if you can do cash accounting (the easiest methis IMO)? Can supply you with a template, if you need it, just stick me.