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View Full Version : Question re:1st Tax return


Mossup
19-10-2009, 02:52 PM
deleted......
greannancrafts
19-10-2009, 03:54 PM
No your are not an idiot - I don't know the answers so I pay an accountant, who saves me more than she costs me;)

Jane
0103media
19-10-2009, 04:39 PM
The questions are spot on...

These are what you need to ask on the phone when you can explain the entire situation to them.

Basically any income you have had needs to go on the form. It split up into the above sections.

All interest from bank accounts etc... The problem is finding out which you have paid tax on and which you need to pay tax on. Best to talk on the phone or pop in to a local tax office if you can. Once you have done it once its pretty simple.

Hope that helps a little
greannancrafts
19-10-2009, 05:04 PM
Don't forget you can carry a loss over for 2 years;)

Jane
Soapie
20-10-2009, 09:36 AM
I ring the local tax office book an appointmnet, take all my paperwork and they fill the form out for me - easy and about 40mins!
Seahorse
20-10-2009, 10:47 AM
My dad always points out that an ISA is TAX FREE so make sure they dont take anything away from/or because of your ISA.
justk
25-10-2009, 09:27 AM
I did my first tax return online this year - it was really easy & straightforward
Seahorse
25-10-2009, 09:43 AM
I did my first tax return online this year - it was really easy & straightforward

Im glad you found it easy.
I did that last year and found it had questions on there that the paper form didnt ask for so me and dad got confused.Got there in the end tho.
Im glad it worked out for you.
GlamGlass
25-10-2009, 10:00 AM
Mossup.....How did you get on with tax office?
Manyhobbies
25-10-2009, 08:12 PM
I always do my own tax returns but, I use the information given to me by an accountant I spoke to of what I can claim for etc
For your first tax return I highly recommend speaking to the people at the tax office either over the phone or in person - have all your information ready and they wll basically walk you through filling it in there and then - so after the phonecall it will all be done and dusted. I did that for my first one as it frigthend me terribly, after the phone call I was euphoric and ready to marry the person on the phone who helped me.

(Fortunatly she didn't feel the same lol).