Dads tax

tiffanyjayne_2

Sorry if this is the wrong place or i don't have all the info needed to get help but my dad isn't good with computers and i'm working on limited information.

My dad and his friend have a business partnership, the first year they did their tax he did it wrong and got paid more than he should of, the second year he used an accountant and paid back the extra plus what he was due to pay out, this year his 'partner' has said he is not willing to pay the £250 the accountant wanted as they aren't getting any money back (he's tight, broke and has issues) so he said a friend will do it.

My dad the fool he is doesn't like confrontation and for ease of life agreed to allow partners said friend to do the returns, we'll call her 'she', 'She' put the single returns through including his income tax so he's been charged more than he should of done as this should of gone onto the partnership one which 'she' says she can't do and has told my dad to then buy £108 worth of software to complete his partnership return, since all this has been a complete mess he has now been charged a £100 late fee as he was only made aware she hadn't bothered to put the partnership one through when the later from hmrc.

the software is topuptax or absolutetopup or something, he paid for it but as a steel erector he's never needed to use a computer and other than opening a word document saved to the desktop he cannot do much more so he hasn't a clue what to do as this software needs details that 'she' has already given to hmrc and hmrc have charged him for it.

Does he need to bag everything up and take it to an accountant before the next late charge comes through the door or can this be rectified with a phone call and some emails/letters?

'she' is an accountant for a company and has done personal returns before but never a partnership one
I don't understand tac returns or this software and since he's been charged already don't want to send a 0.00 tax return for it to come back and incur more charges.

Any help would be super x

**I'm aware my dad should of put his foot down, it would of been cheaper to go to the accountant by now and my dad now realizes that he needs out of this partnership asap but he wants to get this right asap so he can move forward.

xylophone

http://www.hmrc.gov.uk/sa/parts-partners.htm might help?

antrobus

tiffanyjayne wrote: »

...Does he need to bag everything up and take it to an accountant before the next late charge comes through the door or can this be rectified with a phone call and some emails/letters?....

I'd be inclined to take the accountant route.

The problem with being in a partnership is this. You need to file a Partnership Tax Return (SA800) in addition to the individual self-assessment returns for each partner. HMRC don't do an online version of the SA800, you have to buy commercial software to submit it online. Hence if you don't know what you're doing when it comes to software it can be a struggle.

trailingspouse

I would honestly say, bag it all up and go to an accountant. Your Dad may be feeling a bit foolish and not wanting to 'fess up' to an accountant, but believe me they will have dealt with much worse problems. Do it soon - do it today - as things will only get worse if he delays further.

If tax was easy, we wouldn't need accountants - but there are a lot of them around, therefore proving that most of us in business find tax difficult!