Aghhh had my tax bill

**Chimps Childminding** · 13-08-2008, 04:42 PM

Ok I thought I might have a bill this year, had even budgeted (in my head if not in my bank) for it. It arrived £816.00 which is bad enough - but then you find you have also got to pay half of that again on account for next year and that also has to be paid by 31st January 2009, with a furtner £408 due in July!!!!!!

So I am cancelling Christmas this year and spending the money on the tax man!!!!!!!!!!! all £1200 of it!!!!!.

Why can't they wait until say april for some of next years? Have phoned and explained that can't really be sure from one month to the next what I will be earning, but apparently it goes on this years figures.

**Wiggly** · 13-08-2008, 04:47 PM

Ouch Carolyn - that sure is a fee. HAven't been brave enough to do mine yet.

Hugs
Wiggly
x

**littletreasures** · 13-08-2008, 04:51 PM

That happened to me the year before last and then last year found out that on their figures they owe me £800!!! I let them keep hold of it to go towards this years, but havent done it yet.

It's a horrible way of getting our money.

**miffy** · 13-08-2008, 04:51 PM

That's a blow - so they assume because you owe tax this year you will do next year too?

What happened to being innocent until proven guilty? What happens to all the interest on this money you have to deposit with them?

Miffy xx

**sarah707** · 13-08-2008, 04:57 PM

Originally Posted by miffy

What happens to all the interest on this money you have to deposit with them?

Miffy xx

The government needs it to balance its budgets

**Chimps Childminding** · 13-08-2008, 04:59 PM

Originally Posted by miffy

That's a blow - so they assume because you owe tax this year you will do next year too?

What happened to being innocent until proven guilty? What happens to all the interest on this money you have to deposit with them?

Miffy xx

I guess it makes the tax man richer!!!!!!

Like I said I expected to have to pay for this year, but didn't even give next year a thought!!!! Gonna have to sit down and have a really hard look at things. I'm working my socks off at the moment, and seriously considering whether to cut right back on the mindees, as I had put through every expense I could think of!!

**emmadines** · 13-08-2008, 05:14 PM

WOW, have you put anything aside for it??

taxes

i dont even know where to start!!! ive only just completed my 1st weeks work, now i need to start looking at that ncma tax book thing

needless to say i have just started to put my to be tax money into my tax free isa

hopefully thats gonna work out and im gonna be a good girl (im hopeless at saving money!! theres always something!!!!)

**Angela234** · 13-08-2008, 05:14 PM

What a bill! Poor you
The highest i have had to pay yet is £106 i do put down a LOT of expenses.

Angela

**brillminder** · 13-08-2008, 05:35 PM

i think -it sounds a lot but the net earning are 10K with normal deductions, we should all have a tax account, & ni to add to or set a direct debit/ standing order to tax & ni office to help bad savers

**Schnakes** · 22-08-2008, 06:16 PM

Okay, Im officially going mad...I had posted on another thread. Gah! Luckily they are very similar threads!

Sx

**debsthepixie** · 25-08-2008, 05:17 PM

I have been registered since Jan of this year. I am worried as I haven't had a tax return yet do I get one for the first year. Help I need advice!!!!

**sarah707** · 25-08-2008, 05:34 PM

Originally Posted by debsthepixie

I have been registered since Jan of this year. I am worried as I haven't had a tax return yet do I get one for the first year. Help I need advice!!!!

Have you told them you are self employed?

You should have had a return in April... I'd chase it if I were you.

Just try and keep your expenses and income figures up to date so it won't be as scary when it arrives

**debsthepixie** · 25-08-2008, 05:57 PM

yes I told them within in 3 weeks of Childminding I informed them online

**sarah707** · 25-08-2008, 06:11 PM

Originally Posted by debsthepixie

yes I told them within in 3 weeks of Childminding I informed them online

Hmmm then I'd give them a ring

**Tily Bud** · 25-08-2008, 06:42 PM

I cant believe how much some of you have had to pay

I dont know how i would find that x Ive been a chiildminder for 5 years now and never had to pay tax x I think i might start putting some away just in cas though x

**LisaH** · 25-08-2008, 09:44 PM

Originally Posted by debsthepixie

yes I told them within in 3 weeks of Childminding I informed them online

Definately call them, same thing happened to me in my first year minding. When I rang them they had no record of me!!

My tax bill is rarely more than about £250 - £300. I don't put anything aside to cover it so would have a heart attack if it was much higher!! Lol

**Trouble** · 25-08-2008, 10:10 PM

i havent had this years forms yet should i be ringing them?

**emmadines** · 26-08-2008, 03:02 PM

Originally Posted by LisaH

Definately call them, same thing happened to me in my first year minding. When I rang them they had no record of me!!

My tax bill is rarely more than about £250 - £300. I don't put anything aside to cover it so would have a heart attack if it was much higher!! Lol

i've only just started minding, from the 11th aygust. other then regerstering myself do i need one of these forms or will that be next year?

**Peppa** · 13-05-2009, 06:36 PM

Originally Posted by debsthepixie

yes I told them within in 3 weeks of Childminding I informed them online

I had to keep on at them! It took ages for them to send it out and lots of different poeple telling me different things!

Completed mine now, I am putting away 20% of what i earn into an ISA! Will save that till my next bill and hopefully won't be one If I feel there will be in janaury, then I will go shopping for necessaties (sp) and if not then I can pay for a holiday instead!