I am fecking knackered. Decided to go it alone and become a self employed producer and it's great! Apart from the fact I'm working like a crazy person, have no social life AND have just looked at tax stuff for me and decided I may have to crawl into a hole and die when it comes to doing my tax returns....HELP!!

Does anyone else get tired of being self employed....and how do you do it?!?!

I could alwaty do a Bernard Black and saw my hand off or get beaten up by skin heads so I never have to deal with taxes..xxxxx

Yeah, go find some Millwall fans and tell them their girlfriends are all unfulfilled!

Sorry for that random intrusion, I have no advice to offer I'm afraid. I guess it's just a case of having to get on with it and get the taxes over with. The lack of social life I can sympathise with though ... I hope you manage to find yourself some time for one soon!

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Take heart, my hubby runs his own company, now that it's limited, as in: Ltd.
there has, by law, to be two directors, so I am company secretary. I don't get involved, but I do know the basics. You really should get yourself a very good accountant. Someone 'to do' the books, ain't good enough. An accountant will set you back £500 per year. But, they will save you enough tax to pay their own invoice. A good accountant will show you how to set your books up, what you can claim for, how to file all your trivial, but oh so necessary details, and retrieve them when needed. And take care of your tax return.
Do it sooner rather than later, even if you are penniless. Accountants only charge you after they have done their work, the Inland Revenue, on the other hand, want payment in advance. So if this is your first year, they will charge you tax on any profit/wage that you have made, and then work out what they expect you to earn next year, and demand payment NOW! Well half in January, half in July.
So there you go, I can do I nice taxman hex for, shall we say a couple of hundred?

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What Broomy said, get an Accountant. I used to work in Accounts and I've had to do Tax Returns - I hate both now, get a profesional to do it unless you are very brave and know what you are doing (or willing to learn).

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