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(another!) Tax Question
debbie22
Posts: 63 Forumite
Good Morning
I didn't want to jump on CinammonGirl's earlier 'Tax Question' post but I do have a similar question.
My tax affairs for 2013/14 will (for me) be complicated.
(1) I work 12 hours a week as an employee.
(2) I also work as Bank staff for a different employer, approx 200 hours per year.
(3) From this week I will be selling on eBay self-employed.
(4) My 16-year old daughter has recently started selling Avon for pocket money whilst at college. She benefits from the commission (we also donate some commission to a charity as we get some orders from them. However, I presently do all the ordering & finance bits, whilst daughter does the legwork
)
I don't trust her yet to manage the money side herself but plan to show her!
I expect all earnings and profits to be below my personal allowance for tax.
Would a self-assessment suffice, or would it be recommended for me to initially see an accountant? Can anyone tell me very approximately how much it would cost? (I realise this may be a 'how long is a piece of string' query!)
Thank you
I didn't want to jump on CinammonGirl's earlier 'Tax Question' post but I do have a similar question.
My tax affairs for 2013/14 will (for me) be complicated.
(1) I work 12 hours a week as an employee.
(2) I also work as Bank staff for a different employer, approx 200 hours per year.
(3) From this week I will be selling on eBay self-employed.
(4) My 16-year old daughter has recently started selling Avon for pocket money whilst at college. She benefits from the commission (we also donate some commission to a charity as we get some orders from them. However, I presently do all the ordering & finance bits, whilst daughter does the legwork
)I don't trust her yet to manage the money side herself but plan to show her!
I expect all earnings and profits to be below my personal allowance for tax.
Would a self-assessment suffice, or would it be recommended for me to initially see an accountant? Can anyone tell me very approximately how much it would cost? (I realise this may be a 'how long is a piece of string' query!)
Thank you
2011 Wins - Shopping Vouchers / Ice Bucket from Dr Oetker / Local Hair Salon Colour Treatment
2012 Wins - Lego for my lad. Not much else!:rotfl:
2013...here's hoping!:D Watch this space
2012 Wins - Lego for my lad. Not much else!:rotfl:
2013...here's hoping!:D Watch this space
0
Comments
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Good Morning
I didn't want to jump on CinammonGirl's earlier 'Tax Question' post but I do have a similar question.
My tax affairs for 2013/14 will (for me) be complicated.
(1) I work 12 hours a week as an employee.
(2) I also work as Bank staff for a different employer, approx 200 hours per year.
(3) From this week I will be selling on eBay self-employed.
(4) My 16-year old daughter has recently started selling Avon for pocket money whilst at college. She benefits from the commission (we also donate some commission to a charity as we get some orders from them. However, I presently do all the ordering & finance bits, whilst daughter does the legwork)
I don't trust her yet to manage the money side herself but plan to show her!
I expect all earnings and profits to be below my personal allowance for tax.
Would a self-assessment suffice, or would it be recommended for me to initially see an accountant? Can anyone tell me very approximately how much it would cost? (I realise this may be a 'how long is a piece of string' query!)
Thank you
If it's too complicated for you, I would suggest you see an accountant
(although I'm not sure how selling a few bits and bobs on ebay is making it so complicated for you :huh:)
The accountant will inform you of the costs 0
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