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Being self employed n trying not to give generously to the taxman

Discussion in 'General Discussion' started by DIYedboy, 17 Jun 2018.

  1. because it's a lot easier? Get a good accountant and remember life is an expense.
  2. JohnD


    15 Nov 2005
    Thanks Received:
    Crossgates, Europe
    Cook Islands
    bear in mind that this is not worthwhile if accountants fees are greater than the tax reclaim.

    Make an estimate yourself first.

    Sometimes it is more worthwhile spending on equipment in a year when revenue has been good, especially if you move into a higher tax bracket.
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  4. ninjacat


    5 Jul 2006
    Thanks Received:
    United Kingdom
    Again, this is purely out of interest but how did they come to this result? And how does.it compare to the original posters position?

    Did you have other clients?

    Only asking because I am sure it will affect my industry soonish, and it would be interesting to know what they were looking for as that list certainly implies that you cannot be considered self employed in those circumstances.
  5. We had no contractual obligation to each other. The reason I subbed to him was because it was easier when invoicing others we had worked for without the headache of being limited. Being limited was of no benefit to us. There were a couple of times the HMRC said it might be time purely based on turnover but otherwise no issue.
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