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IA's road to becoming a CAB Debt adviser.

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  • Bismarck
    Bismarck Posts: 2,598 Forumite
    You may have done this already Sar, but have you contacted the Inland Revenue's local office of Small Business Accounts Team? When OH went self employed a few years back, he was unable to get his head around what was needed and what needed to be noted etc., and he gave them a call. They sent a chap round to the house to help. He was brilliant. He sat there amongst the MANY colourful booklets they issue and said "don't need that one; don't need this one; nah, you don't need that one either". It was a godsend.

    He also went through which parts of your house could be included in your figures if you were doing some parts of the job from home. I can't remember exactly what they were, but it was a percentage reduction on utility bills (gas, water, telephone, lighting) for each room that was used.

    It really would be time invested well if you gave them a call to see if they can come out to see you and certainly when your pulling together your year end figures. Our chap used to love coming to ours coz we live in a beautiful part of the country and he said it was a lovely morning out of the office and he got tea and toast when arrived. :T


    Not done this personally ....I met a lady at a business fair from the small accounts team who was very keen to come and visit us - said it would be a nice day out...before I agreed I mentioned it to a Business Link guy - he advised against it as he viewed HMRC as something to keep at arm's length at all costs....I'm afraid things may have changed over the years... I reckon the folks on here can debate the accounts stuff through for you - there's plenty of experience. Personally I'm a big spreadsheet fan...don't go near ledger books as you'll find yourself tying yourself up in knots about double-entry bookkeeping issues that you simply don't need to know!

    Changing subjects...how much do you make from your gigs? I'm looking into playing live again and wondered if it could be a net earner.
    For what I've done...I start again...And whatever pain may come ...Today this ends... I'm forgiving what I've done -AF since June 2007
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    Bismarck wrote: »

    Changing subjects...how much do you make from your gigs? I'm looking into playing live again and wondered if it could be a net earner.

    Nothing at the moment. Its only cover bands that will earn the money and even them its gotta be the right kind of cover band. Ste used to be in a band that would cover 60s-90s stuff and would earn about £100-£150 a night. He did get offered the millenium gig which would have earned them £1000 each but the guitarist didnt want to do it.
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • Burlesque_Babe
    Burlesque_Babe Posts: 17,547 Forumite
    Part of the Furniture Photogenic Combo Breaker
    OMG just had my weekly call from my Unit manager and she wants to put me on the 'fast track' managers course :eek: She asked if it was something I wanted to do as she thought I'd be perfect for it. :eek: I've only been there a month!! lol!!!

    Go for it!!!!!!!!!!! :T :j :T
    :D"Stay Wonky":D

    :j:jBecome Mrs Pepe 9 October 2012 :j:j
  • Ref your latest photo you look great, well done on the weight loss and everything else. You are a definately an inspiration to others.
    :j
    May 2013 new beginnings:j
  • penguin83
    penguin83 Posts: 4,817 Forumite
    Part of the Furniture Combo Breaker
    Definately go for it IA - you must have made a really good impression x x x
    Pay Debt by Xmas 16 - 0/12000
    There is something about the outside of a horse that is good for the inside of a man.
  • jinky67
    jinky67 Posts: 47,812 Forumite
    OMG just had my weekly call from my Unit manager and she wants to put me on the 'fast track' managers course :eek: She asked if it was something I wanted to do as she thought I'd be perfect for it. :eek: I've only been there a month!! lol!!!


    well done you:T :T :T
    :heartpulsOnce a Flylady, always a Flylady:heartpuls
  • tigtag02
    tigtag02 Posts: 6,857 Forumite
    Part of the Furniture Combo Breaker
    OMG just had my weekly call from my Unit manager and she wants to put me on the 'fast track' managers course :eek: She asked if it was something I wanted to do as she thought I'd be perfect for it. :eek: I've only been there a month!! lol!!!

    Do it, Do it, Do it :D:D:D
    :heartpuls baby no3 due 16th November :heartpuls
    TEAM YELLOW
    DFD 16/6/10
    "Shut your gob! Or I'll come round your houses and stamp on all your toys" The ONE, the ONLY, the LEGENDARY Gene Hunt :heart2:
  • poodlehorse
    poodlehorse Posts: 675 Forumite
    Part of the Furniture Combo Breaker
    Oh wow well done, is it something you think you can take on with CAB and OU, Argos and exisiting AS? What work is involved in it?
    As for ledgers versus spreadsheets I like spreadsheets too. And Bandroi's explanation is what I would have gone for. Keep it simple. As for the "pack" they are going to send you I suspect you will find all the info that will be in that here http://www.hmrc.gov.uk/selfemployed/
  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    Hey Sar, you are really dynamic arent you. Go for it. Now I dont want you too feel uncomfortable, or think that Im perving after you or anyhting like that ok, but you have lost some weight havent you girl. It must be all that running ;) Good girl x
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    lennymfo wrote: »
    Hey Sar, you are really dynamic arent you. Go for it. Now I dont want you too feel uncomfortable, or think that Im perving after you or anyhting like that ok, but you have lost some weight havent you girl. It must be all that running ;) Good girl x
    Have lost about a stone since you guys came over in January :D Feeling really happy with my body now except for my belly which I'd like to tone up more and I'd like a smaller bum :rotfl:
    And anyway... you? Perving over anyone? Get away....
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
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