Tax rebate !!!!!!!!!!!!!!!

[benedmonds]

I must be doing something wrong or right, I've got to pay 5 grand....

[Stephen Blair]

I must be doing something wrong or right, I've got to pay 5 grand....

 

i spent over 70k on kit thats why mine is zero:scared1:

[Mesterh]

To be getting a rebate or paying hardly any tax then surely business must be REALLY bad! Unless you spend 70K like:001_smile:

 

Every year my tax bill goes up think its about 10k now Fook knows where the profit is though

[Kev Stephenson]

Rebate for me as I owned 2 work vehicles and 2 chippers on the last day of the financial year. This was planned in for last year, god knows what I will do this year

[Johny Walker]

To be getting a rebate or paying hardly any tax then surely business must be REALLY bad! Unless you spend 70K like:001_smile:

 

Every year my tax bill goes up think its about 10k now Fook knows where the profit is though

 

business is fine its called having a good accountant but thats bye the bye all spent now on kids new bunk beds @ £600:scared1:

[MattyF]

got a £900 rebate last year due to buying loads of gear , gonna file this years on line tonight i recon theres gonna be no holiday this year!

[Stephen Blair]

To be getting a rebate or paying hardly any tax then surely business must be REALLY bad! Unless you spend 70K like:001_smile:

 

Every year my tax bill goes up think its about 10k now Fook knows where the profit is though

 

if you are paying tax, then you are making money. but a good accountant can certainly help things.

[Mesterh]

Not being funny fellas but how does a good account manage to get you to pay hardly any tax apart from making sure you claim everything back that you can?

 

If you earn more than you spend then you pay tax, so you either say you are earning less or you say you are spending more.

 

If I can save 10k next year then I will gladly give someone 20%

[Stephen Blair]

Not being funny fellas but how does a good account manage to get you to pay hardly any tax apart from making sure you claim everything back that you can?

 

If you earn more than you spend then you pay tax, so you either say you are earning less or you say you are spending more.

 

If I can save 10k next year then I will gladly give someone 20%

 

i used to have 2-3 staff, van and to behind,big tax bill, loads of hassle, loads of lifting heavy things.

now i have no staff, ,no tennis elbow, no six pack, no tax bill, and no tax.

but i do have lovely big toys that are written off against your profit.

but now they are bought and paid for, and the tax relief is out of them.

sell them, get lovely new shiny stuff. 90%tax relief on agricultural kit.

and then no more tax for a while. happy days:001_smile:

[skyhuck]

It always makes me smile when people moan about their tax bill, its a % so if you owe say £5K you must have had at least £20K, above your allowances, so wheres the problem?????

 

I have a very good accountant and he costs me £2K per year, he makes sure I only pay what I have too, but if I found I had no tax too pay I would be worried.