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  #1   Report Post  
Michael Mcneil
 
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Default Tax advice

Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.
TIA.


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  #2   Report Post  
Mark Wood
 
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"Michael Mcneil" wrote in message
news:c63c0c5b16f79515700b517156a4ba05.45219@mygate .mailgate.org...
Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.
TIA.


Try subscribing to 'uk.legal'

Quite a friendly bunch, more than willing to help.
I'm sure someone there will either help or give pointers to relevant WWW's.

HNY


  #3   Report Post  
Dave Liquorice
 
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Default

On Fri, 31 Dec 2004 06:48:37 +0000 (UTC), Michael Mcneil wrote:

Anyone got a link to an accountancy type forum. I want help with
some self employment tax issues.


Tried calling your Tax Office? They are a friendly lot and appreciate
that a) Tax is very complicated. b) The forms can be confusing if you
don't fully understand Tax Speak. c) Would rather everything was
correct to start with than waste time later sorting out a mistake.

As you are Self Employed it may be worth your while finding a Tax
Accountant, they'll know what things(*) you can claim, to what level,
without the Inland Revenue raising an eyebrow. Yes you'll pay a few
hundred quid for them to do your Tax Return but it's a business
expense and a good one will save you the remainder in tax...

(*) Things like use of home as office, ratio of private/business use
of your car etc, depreciation of capital assets, etc.

--
Cheers
Dave. pam is missing e-mail



  #4   Report Post  
Tony Bryer
 
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In article
lgate.org, Michael
Mcneil wrote:
Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.


uk.business.accountancy ?

--
Tony Bryer SDA UK 'Software to build on' http://www.sda.co.uk
Free SEDBUK boiler database browser http://www.sda.co.uk/qsedbuk.htm


  #5   Report Post  
Dave Plowman (News)
 
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Default

In article lgate.org,
Michael Mcneil wrote:
Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.


Don't even bother. Find a decent accountant. A *decent* one will save you
far more than the fees. If you're close to SW London, I can certainly
recommend one.

From bitter experience. I tried for a few years to deal with my own tax
affairs after going freelance - which is probably simpler than being self
employed in a trade etc as all I really supply is my services.
The IR did some form of investigation and decided I owed them a
considerable sum. If anything I reckoned I'd overpaid as I hadn't been
claiming for everything I could have.

Went to an accountant. Who put the fear of god into them. A good one can.
And I ended up with a refund slightly greater than the extra amount they
were asking for. He went back as far as he could and claimed all the right
allowances. And it cost me less than 10% of the amount he got refunded.

--
*Xerox and Wurlitzer will merge to market reproductive organs.

Dave Plowman London SW
To e-mail, change noise into sound.


  #6   Report Post  
Rick Dipper
 
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Default

On Fri, 31 Dec 2004 06:48:37 +0000 (UTC), "Michael Mcneil"
wrote:

Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.
TIA.


Get yourself a Swiss Bank Account, easyjet only charge 40ish quid to
transport you to Zurich / Basel ...... If you can get to Zurich, you
don't even need to clear customs., UBS have a branch in the baggage
hall. And if you stay out the country enough nights, you become a tax
excile. You need 100K to open an account, unless you get a work
permit.

If it looks like drug money, even the swiss banks let your details
out, if you are worried about this choose Austria, where banking rules
are even stricter, but as its EU, its harder to do the Tax Excile
thing.

Or take the Swiss Persons approach, open your own bank, in
lichenstien, where there are 100's or banks for each person who lives
there. You can then negioatiate your Tax with the Swiss authorites.

Rick



  #7   Report Post  
Pet @ www.gymratz.co.uk
 
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Default

Rick Dipper wrote:

Get yourself a Swiss Bank Account, easyjet only charge 40ish quid to
transport you to Zurich / Basel ...... If you can get to Zurich, you
don't even need to clear customs., UBS have a branch in the baggage
hall. And if you stay out the country enough nights, you become a tax
excile. You need 100K to open an account, unless you get a work
permit.

If it looks like drug money, even the swiss banks let your details
out, if you are worried about this choose Austria, where banking rules
are even stricter, but as its EU, its harder to do the Tax Excile
thing.

Or take the Swiss Persons approach, open your own bank, in
lichenstien, where there are 100's or banks for each person who lives
there. You can then negioatiate your Tax with the Swiss authorites.

Rick


LOL.
I take it you are speaking from experience then Rick?
Is the Interest rate good on a swiss acount?

--
http://gymratz.co.uk - Best Gym Equipment & Bodybuilding Supplements UK.
http://trade-price-supplements.co.uk - TRADE PRICED SUPPLEMENTS for ALL!
http://fitness-equipment-uk.com - UK's No.1 Fitness Equipment Suppliers.
http://gymratz.co.uk/hot-seat.htm - Live web-cam! (sometimes)
  #8   Report Post  
Pet @ www.gymratz.co.uk
 
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Default

Michael Mcneil wrote:
Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.
TIA.


Not really advice with regards to your plight, but, one trick others
might consider, especially those Self employed types that need to stash
money for paying taxes is.... change (or re-mortgage) to an "offset"
mortgage which you can stash away as much money you like and not pay a
drop of tax. The interest earned is the same as the interest you are
paying on your mortgage, thus either reducing your monthly repayment or,
increasing the speed at which your mortgage is repaid.

i.e. you are getting savings from your investment at a good rate of
interest tax free!



--
http://gymratz.co.uk - Best Gym Equipment & Bodybuilding Supplements UK.
http://trade-price-supplements.co.uk - TRADE PRICED SUPPLEMENTS for ALL!
http://fitness-equipment-uk.com - UK's No.1 Fitness Equipment Suppliers.
http://gymratz.co.uk/hot-seat.htm - Live web-cam! (sometimes)
  #9   Report Post  
Lobster
 
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Default

Huge wrote:
"Mark Wood" writes:

"Michael Mcneil" wrote in message
news:c63c0c5b16f79515700b517156a4ba05.45219@myga te.mailgate.org...

Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.
TIA.


Try subscribing to 'uk.legal'


No offence, but anyone who takes legal advice from Usenet is out of
their tiny little mind.


Well, every day on uk.d-i-y people ask for, and others dish out, advice
on issues which have potentially life-threatening consequences.
What's the difference?!

David


  #10   Report Post  
Rick Dipper
 
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Default

On Fri, 31 Dec 2004 12:25:59 GMT, "Pet @ www.gymratz.co.uk"
wrote:

Rick Dipper wrote:

Get yourself a Swiss Bank Account, easyjet only charge 40ish quid to
transport you to Zurich / Basel ...... If you can get to Zurich, you
don't even need to clear customs., UBS have a branch in the baggage
hall. And if you stay out the country enough nights, you become a tax
excile. You need 100K to open an account, unless you get a work
permit.

If it looks like drug money, even the swiss banks let your details
out, if you are worried about this choose Austria, where banking rules
are even stricter, but as its EU, its harder to do the Tax Excile
thing.

Or take the Swiss Persons approach, open your own bank, in
lichenstien, where there are 100's or banks for each person who lives
there. You can then negioatiate your Tax with the Swiss authorites.

Rick


LOL.
I take it you are speaking from experience then Rick?
Is the Interest rate good on a swiss acount?




Interest on a Swiss account is 0.4%, which is VERY good, with
inflation running at less than 0.1%. Who win/loose on the exchange
rates.


Rick




  #11   Report Post  
Pet @ www.gymratz.co.uk
 
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Pet @ www.gymratz.co.uk wrote:

mortgage which you can stash away as much money you like and not pay a
drop of tax.


read "a drop of tax on interest"

--
http://gymratz.co.uk - Best Gym Equipment & Bodybuilding Supplements UK.
http://trade-price-supplements.co.uk - TRADE PRICED SUPPLEMENTS for ALL!
http://fitness-equipment-uk.com - UK's No.1 Fitness Equipment Suppliers.
http://gymratz.co.uk/hot-seat.htm - Live web-cam! (sometimes)
  #12   Report Post  
Dave Plowman (News)
 
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Default

In article ,
Lobster wrote:
No offence, but anyone who takes legal advice from Usenet is out of
their tiny little mind.


Well, every day on uk.d-i-y people ask for, and others dish out, advice
on issues which have potentially life-threatening consequences.
What's the difference?!


Perhaps they have a different IMM? Or even several?

--
*If a thing is worth doing, wouldn't it have been done already?

Dave Plowman London SW
To e-mail, change noise into sound.
  #13   Report Post  
Mark Wood
 
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"Huge" wrote in message
...
"Mark Wood" writes:

"Michael Mcneil" wrote in message
news:c63c0c5b16f79515700b517156a4ba05.45219@mygat e.mailgate.org...
Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.
TIA.


Try subscribing to 'uk.legal'


No offence, but anyone who takes legal advice from Usenet is out of
their tiny little mind.


Offence taken.

The OP was asking for an 'accountancy type forum' not legal advice.
I was; pointing them in a more apt direction and giving them credit for
being sensible enough to decide for themselves which, if any, advice they
glean from said forum as good or bad - not assuming they have a 'tiny little
mind' which, in my book, is pure arrogance.











  #14   Report Post  
Mark Wood
 
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"Huge" wrote in message
...
"Mark Wood" writes:

"Huge" wrote in message
...
"Mark Wood" writes:

"Michael Mcneil" wrote in message
news:c63c0c5b16f79515700b517156a4ba05.45219@mygat e.mailgate.org...
Anyone got a link to an accountancy type forum. I want help with

some
self employment tax issues.
TIA.

Try subscribing to 'uk.legal'

No offence, but anyone who takes legal advice from Usenet is out of
their tiny little mind.


Offence taken.


*plonk*


LOL!

Jesus H....what a complete prat!
I should have spotted the 'idiot' tag from the ukmisc email...

Dear oh dear...

*plonker*


  #15   Report Post  
Mark Wood
 
Posts: n/a
Default


"Steve Firth" wrote in message
...
Mark Wood wrote:

Try subscribing to 'uk.legal'


Especially if you enjoy watching a bunch of trolls, idiots and assorted
halfwits ego-wanking themselves to death.

As entertainment it's fine. As a source of tax advice you'd be better
off talking to Rambling Henry on his park bench after he's had two
bottles of bucky and eight cans of Special Brew.

Are you a troll or a complete ****wit that you give such insance advice
to someone who needs help?


Hmm...clearly doesn't even know what a troll is.
Perhaps a little less aimless banter with your park-bench friend?

Never mind. Keep learning.




  #16   Report Post  
RichardS
 
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"Michael Mcneil" wrote in message
news:c63c0c5b16f79515700b517156a4ba05.45219@mygate .mailgate.org...
Anyone got a link to an accountancy type forum. I want help with some
self employment tax issues.
TIA.


Sign up with http://www.shout99.com - they're predominantly interested in
the IT industry, but have broadened their interest since startup to cover
pretty much all of self-employment issues.

The main trio - Andy White, Susie Hughes and Kevin Miller - were
instrumental in setting up the PCG, but were unceremoniously ousted a couple
of years ago, in part due to offering competing tax investigation insurance
from shout99. I left the PCG in disgust (know Kevin from years ago & he's a
Good Guy).

There's an "ask an expert" forum there.

As others have said, though, if your tax affairs are anything other than
very simple, you really need a decent accountant in this day & age. Brown's
made our tax system hugely complex, and the onus is on you to understand the
lot of it & get it correct. No mercy is shown if you make mistakes - the
revenue rub their hands in glee at that point 'cos they see you as an extra
revenue stream via a myriad of penalties.



--
Richard Sampson

mail me at
richard at olifant d-ot co do-t uk


  #17   Report Post  
Michael Mcneil
 
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"Tony Bryer" wrote in message


uk.business.accountancy ?


Got it bookmarked thanks.


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