DIY accounting for dummies

[northernladuk]

By following the expert advice given in post three of this thread...

Oh, lemme have a look at that...

EDIT : Doh!!

[GlenW]

Apologies, English is not by first language...


...and I acted for myself as an immigration lawyer and that worked extremely well. And I used a solicitor in house purchase so I nearly lost a deal as nothing has been done for several weeks.

FFS why do so many bobs ask for advice then get the hump when we don't give them the answers they want?

[northernladuk]

FFS why do so many bobs ask for advice then get the hump when we don't give them the answers they want?

Possibly due to the fact the UK has much more regulation, control, process and the like than many other countries so people find it hard to understand why there is only one answer and why it the system can't be circumvented or done in another way? It frustrates the hell out of me let alone someone who's new to it all.

[tractor]

.....

Possibly due to the fact the UK has much more regulation, control, process and the like than many other countries so people find it hard to understand why there is only one answer and why it the system can't be circumvented or done in another way? It frustrates the hell out of me let alone someone who's new to it all.

Or due to the fact that instead of arming themselves with technical knowledge and expertise they think this is an acceptable way to maintain a PC

[stek]

OP is probably a bit thick, took me six years to pass my accountancy exams and that was ICMA, costing, never went near personal taxation.

And he thinks you can buy a book, read it on the bog and that's it, sorted.

Brainless!

[Batcher]

If you can't afford a grand a year to pay for a professional then you aren't earning enough for your company.

YANCOTBAC

[tractor]

...

OP is probably a bit thick, took me six years to pass my accountancy exams and that was ICMA, costing, never went near personal taxation.

And he thinks you can buy a book, read it on the bog and that's it, sorted.

Brainless!

And now there are over 12,000 pages of tax code (regulation), much of which is relevant to Limited and PAYE.

PDF Idiot's Guide - No chance, pay the money to a professional.

[Scruff]

It's easier to immigrate than to be an accountant. If you follow the Home Office guides and can fill in forms, you needn't even be an English speaker, since the bloody fools will provide the info in multiple languages...

[tractor]

It's easier to immigrate than to be an accountant. If you follow the Home Office guides and can fill in forms, you needn't even be an English speaker, since the bloody fools will provide the info in multiple languages...

And often provide an interpreter depending on the circumstances.

[SpontaneousOrder]

I've done my own for the first year because I want to know how it all works before I hand it off to a stranger to take care of. Hopefully it's all correct.

BUT... it's a LOT of effort (if you want to be confident that it's all in order). Unless you're on a really tulipty rate it's probably far more efficient to just pay someone else who know what they are doing to do it.