being tax return sassy!

[Steve Bullman]

Tree surgeons turned accountants. I wonder if accountants have a forum to air their woes on?

 

Of course they do...they are probably too busy sharing advice on the best way to trim their own trees though

[tree79]

do you need to produce receipts for everything, how would you account for % of heating/electric at home, or £10 a month washing costs.

I know most items you will have some form of proof, but for the items which you don't, how do you prove this

[Steve Bullman]

do you need to produce receipts for everything, how would you account for % of heating/electric at home, or £10 a month washing costs.

I know most items you will have some form of proof, but for the items which you don't, how do you prove this

 

I believe theres set amounts for those particular things

[DanClimbsTrees]

do you need to produce receipts for everything, how would you account for % of heating/electric at home, or £10 a month washing costs.

I know most items you will have some form of proof, but for the items which you don't, how do you prove this

 

Been wondering about this as well

[Stephen Blair]

Household bills like gas, electric and mortgage will have a statement( which is a receipt) All you do is offset a percentage.

[tree79]

Household bills like gas, electric and mortgage will have a statement( which is a receipt) All you do is offset a percentage.

 

I pay my gas and electric on a card meter, so I buy x per week

[Greg]

Of course they do...they are probably too busy sharing advice on the best way to trim their own trees though

 

LOL Steve & Bumble B,

 

I had an accountancy practice for 18 years before starting tree work. Needless to say, I enjoy my work far more now

[Stephen Blair]

I pay my gas and electric on a card meter, so I buy x per week

 

Need the receipt and put the % through.

[Paul Jenks]

Realise this won't affect your tax bill until Jan 16?

 

Does depend on when your year end is and depreciation/taxable deductions or whatever the correct term is can be brought into the current year and possibly carried back to offset historic profits. Though, if I was really interested, I'd have to ask my accountant.

 

Thought I might run some ideas about the proposed changes to the WAH Regs past him and see what he thinks.