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Tax Return
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<blockquote data-quote="Robojin" data-source="post: 177394" data-attributes="member: 2209"><p>Matty if you registered last September 2010 then you have been trading for 7 months in 2010-11 tax year, your first return is any time after next April, but before Jan 2012</p><p></p><p>Don't get confused with when you will have to pay your first tax and file your first return as self-employed</p><p></p><p>I registered as SE October 09, and as a new start up will likely pay my first SE taxes in 2012 (according to my accountant) for 2011 and the part payment for 2012</p><p></p><p>If you have a friend who is an accountant it helps on costs, but at least they will advise what you can/can't claim for and how not to paint a big red target on your back</p><p></p><p>But some tips</p><p></p><p>If you are under</p></blockquote><p></p>
[QUOTE="Robojin, post: 177394, member: 2209"] Matty if you registered last September 2010 then you have been trading for 7 months in 2010-11 tax year, your first return is any time after next April, but before Jan 2012 Don't get confused with when you will have to pay your first tax and file your first return as self-employed I registered as SE October 09, and as a new start up will likely pay my first SE taxes in 2012 (according to my accountant) for 2011 and the part payment for 2012 If you have a friend who is an accountant it helps on costs, but at least they will advise what you can/can't claim for and how not to paint a big red target on your back But some tips If you are under [/QUOTE]
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