Can I claim for the day I spend filling out my tax return?

[ian.settle1]

At least if you have a chartered accountant if the proverbial should ever hit the fan then at least you can chuck the ball back in your accountants court!

Are you sure if the HMRC want a pound of flesh they will still come after you

 

[Leesparkykent]

Are you sure if the HMRC want a pound of flesh they will still come after you

Oh for sure but at least it gives you a fighting chance lol

 

[Anthony S]

At the end of the day your Accountant don't sign for you, your take full responsibility for the information you supply him/her.

 

[Leesparkykent]

At the end of the day your Accountant don't sign for you, your take full responsibility for the information you supply him/her.

Yea but he does the maths, and should know what can and can't be claimed for etc

 

[Anthony S]

Yea but he does the maths, and should know what can and can't be claimed for etc

All that information is freely available you just have to find it lol

 

[Deleted member 26818]

A friend of mine used to run a business fixing and customising Harley Davidsons.
He used a very local Accountant two doors away from his shop.
That accountant made numerous claims for Tax rebates for all his customers, then buggered off back to Pakistan with the money.
My friend then suffered with 6 years of investigations.

 

[Leesparkykent]

All that information is freely available you just have to find it lol

Thats long lol

 

[Deleted member 26818]

Yes the HMRC web site is not very user friendly.

 

[tazz]

As the title says really :smile5:

If I spend a day completing my tax return can I claim back whatever my day rate is as this is a day that i would be unable to work and is also solely related to the business?

Cheers all..

You have more chance of the Queen claiming for her Annual acid house garden party...!!

 

[Leesparkykent]

You have more chance of the Queen claiming for her Annual acid house garden party...!!

We would be paying for it any way ;-)

 

[Adam W]

You could say that to a DIY'er trying to re-wire their house. Lol!

It's hardly the same thing. A simple tax return is 3 figures, one of which is one subtracted from the other. The argument for using an accountant always seems to be that they know what you can claim for, well a list half the size of a schedule of inspections can tell you that.

Fair enough if your accounts are really complicated, or if your missus is an accountant, but if I can do what someone can do after a free online course to save myself a couple of hundred quid with few additional risks, I think I'll pocket the couple of hundred quid and take my chances.