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cheekymonkey20

Hellloooo strangers,

Sorry havent been on in a few weeks... well the company i was working for went bust HA!
So im now working for the insulation company direct doing surveying and getting paid £90 per survey WOOP! Just considering hiring some staff now to do the surveys for me and paying them £45 then i can consentrate on my mortgages.
Managed to get all my codes for the mortgage advising but they dont work suprise suprise!
Hope you are all well!
Em
xxx

cheekymonkey20

Saab wrote: »

If you begin trading on April 6th 2008 say, and put away your tax monthly, you should have what is due, as your tax year will end on April 5th 2009 and your payment will not be due until January 2010, so you will have had 20 - 21 months to accumulate the first January payments due. (18th months tax being due, leaving 3 months in hand)

So for example if i earned £1350 a week id have £917 take home pay, which i would put the difference in an account to be paid in full Jan 2010.
Will i have to pay for May 2009 - Jan 2010 plus 1/2 of 2010 in advance too?

Purpleroses

Good morning!

Hope everyone had a good weekend. I didn't do much. Such a beautiful day! Too nice to be stuck inside!

Anyway better get back, hope everyone has a productive day!

Horace

Good morning folks

Its mighty windy out but the sun is shining which is the main thing:D

I got up late today but have still managed to have a busy morning responding to emails and phoning people like the Self Employed Helpline so the nice peeps there are sending me a CF10 form to ask for an excemption for my NI contributions. The nice man also gave me the details for the pension service so that I could ring them and find out how many full years of stamp I have paid - apparently I would need 30 full years to get my state pension, on phoning the Pension Service they can't say how many years as they will send out the form in about 10 days' time but they did say that I would have to work until I am 66 before I can get my state pension - what's the betting there will be no money left and I will be given a brass washer and maybe a threepennybit:eek:

Must go to bank today to pay in a cheque (not income but HB). I also need to go to the supermarket so hopefully the whoopsie shelf will be crammed full of treats:D

Have a good day all.

blue_monkey_2

Hi everyone,

Horace, you are well rid. Is this the one that told you that would no do well?? If so then well, I do nt think you need to be told what I think.

megs, Astroturf....?? Hoover the grass, LOL. That sounds like fun!

Everyone else seems to have been busy.

Funny you should have that situation megs, what did you say to the customer?

Well, since my whingy post last week it was a busy end to the week, a good number of orders came in to keep me smiling so maybe people are only spending money at the end of the week. Who knows, but it has not been too bad.

Was outside yesterday and noticed through the window that a spiders nest has hatched outside and some had got into my storage building. Bloody things get everywhere!! So today I have been hoovering the inside and the outside of the shed, LOL. God knows what people must have been thinking (crazy woman!!) but I had to get rid of any surprised people might get with thei parcels!!

Had a busy weekend but managed to get finally get my cash book done and everything transfered over - some more orders done this weekend and in the book. Just have a months paperwork to catch up on and then get my VAT return in. Still have to finalise my end of year paperwork - not a nice task because something happened but will explain more about this below, but I think that I'll have both of those done by the end of the week.

Today I waited for wave DS off on hisvery first school trip. I came home (the school is 10 seconds waslk from the house) tidied downstairs while the front door was open so I could see the bus, went off back to the school at 9.25 to see why the kids had not left, they waited outside for one hour for their bus which was late but finally came and then left at 10am, came home washed up, went to the dentist, came back hovered the shed and then started sorting some stock. Having lunch while I read this and post here. I am starving today but not eaten anything this morning really since breakfast.

So now the bad ews. Some of the stock has come out of storage ad it has clearly been water damaged. Covered in Mildew and black spots, some has been put out so now sorting through it all. I've obviously got to writeit off and thought I might put it on eBay as a econd- people will buy it as it is cheap I guess, it is wearable but I cannot sell it on my website. I've found loads. So disappointed but not sure what else I can do other than make a bigger loss this year than anticipated. So now I've got 3 rails left to go through. Think I might have a swimwear sale later on towards the end of the month.

Oh, and looked at Butlins last night as we have be saving our vouchers from Tesco and had found a Gold Accomodation for £1016 and you have to pay brochure price when you pay by Clubcard. A few months back when I first looked brochure price was £1016 - I've looked last night and brochure price has gone right up to nearly £1300!! I am shocked, I've ordered a brochure to check what is in there but I reckon they know people are not going abroad and so have hiked the prices right up. Anyway, I looked at the accomodation and 'Silver plus' is just as good (in fact it looks better) so we will go for that as it is now, rather strangely, another £200 than it was a few months ago! I am quite annoyed but cannot be bothered to pay £300 extra for a maid service and some towels and 2.30 check in. In a few weeks time we are off to Skeggy for the weekend and so I'll book it when I get back from there as we will be a premier club member by then and we'll get the early check in with that.

Anyhow, of again to start sorting some more things out. It is heartbreaking to see all of that potential profit being chucked away but I think I'll write off and sell it on eBay for 99p start and declare it as 'additional income' next year if it sells.

Then I have some more orders to get in with suppliers and tonight some emails to answer. I realy cannot wait until my own laptop comes back from being fixed!!

Hope everyone else is having a good day.

Purpleroses

Lunchtime at last! Been filling in custom forms all morning and I think i'm starting to go mad! 1 to go thankfully!

Horace

The banking and shopping has been put off til tomorrow morning. Tomorrow is a busy day with my trip to the conference centre over in Leamington, I have already decided what I am going to wear to make a good impression:D

I am having an unexpected visitor this afternoon so I have been giving the flat the once over and I guess I need to go make myself presentable - just wearing trackie bottoms, a t-shirt and a fleece jacket at the mo (hardly glam:eek:).

sammy115

cheekymonkey20 wrote: »

So for example if i earned £1350 a week id have £917 take home pay, which i would put the difference in an account to be paid in full Jan 2010.
Will i have to pay for May 2009 - Jan 2010 plus 1/2 of 2010 in advance too?

if your accounting year ends 5th April tax and ni will be due on 31st January 2010. You will also have to pay a further 50% on 31st January 2010 and a further50% on 31st July 2010 as payments on account for what would be due on 31st January 2011 unless the tax due is likely to be less than £1,000 then you can ask to have the payments reduced to nil.

You have to keep an eye on your profits going forward as it is very often the payments on account that become unmanageable especially if you have a profitable business. In that case you should enlist the help of an accountant who could minimise your tax liabilities.

sammy115

You don't always have to have the 5th April as your accounting period end either.

Wordsmith

Morning, all. Welcome back Cheekymonkey. Horace, I hope you are feeling a bit better about him-who-is-no-longer-in-your-life and that you are not having second thoughts. Blue_monkey, sorry to hear about the stock. Sammy, thanks for useful info.

I am in my office all day. Hurrah! Editing a children's maths book - least said about how much I have to search the internet to find out how to do some of the exercises the better, methinks.


Tasks today:

• editing
• phone printer who failed to get back to me last week with quotes
• try to open basic bank account (Horace, thanks for your input)
• phone around to try to find cheaper office insurance (renewal is €1576.30 :eek:)
• phone my parents' friend who is worried about them
• phone friend I rang last week but wasn't in
• TIDY OFFICE
• do some accounting

It's lovely and sunny at the moment, but probably by the time the mutt and I go out it will be raining. Could go now, but I want to get some work done first.

So, best get cracking. Hope your day is productive.