Tax Return?

Discussion in 'Managing Your Business' started by paulio, Dec 17, 2012.

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  1. paulio

    paulio Active Member
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    Hi guys, quick question. I became self employed at the start of this financial year (April). When will I need to do my first tax return? I was under the impression it was next year is that right? As I haven't had a letter from the tax office as yet.
     
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  2. harunh

    harunh Legend
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    yeh next year mate

    for the time being just keep receipts and everything else :)

    and ull be fine mate
     
  3. Posh

    Posh Hero
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    You will prob get a tax return in April of which you have to send back by oct 31st & pay by Jan 31st 2014.
     
  4. paulio

    paulio Active Member
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    Cheers guys.
     
  5. A.K WINDOWS

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    or you can drink beer clean windows and avoid tax :lol:
     
  6. laddergarder

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    Paulio, what have you got sorted as for record keeping, etc?
     
  7. paulio

    paulio Active Member
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    I have a page a day diary I keep day to day records of income/expenses, also have an excel spreadsheet i put the same info into everyday. Probably don't need to do both but I feel easier that way. Also got all my receipts etc in date order.

    Will be getting an accountant in the new year, just wondered if I was correct in my thinking about when the tax return is due.
     
  8. Extremecleansussex

    Extremecleansussex Active Member
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    If you do it online it has to be in by January 31st 2014 when you also have to make the payment. You'll need to register though and that takes 7 days so don't leave it too late.
     
  9. chuffeme69

    chuffeme69 Newcomer
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    I use George as a window cleaning diary. You have to buy but it very good keeping jobs and income sorted
     
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