DIY accounting for dummies

[Ltd]

I do not quite enjoy the idea of paying a grand or a couple a year to someone for just few paper exercises. Is there a new contractor DIY accounting guide somewhere answering questions how to pay salary to yourself, expense reports, dividends etc.

[Goatfell]

Try this

HTH

[TheFaQQer]

Try this

HTH

I've always found this more help, to be honest, although the auto-reply needs some work

[TheFaQQer]

I do not quite enjoy the idea of paying a grand or a couple a year to someone for just few paper exercises. Is there a new contractor DIY accounting guide somewhere answering questions how to pay salary to yourself, expence reports, dividents etc.

Given that you're struggling to spell expense and dividend correctly, do you really think it's smart to do the accounts yourself?

[Retro]

I do not quite enjoy the idea of paying a grand or a couple a year to someone for just few paper exercises. Is there a new contractor DIY accounting guide somewhere answering questions how to pay salary to yourself, expence reports, dividents etc.

I don't know how to start trying to educate you so I'm not going to bother.

Get an accountant.

[Alan @ BroomeAffinity]

If you think engaging an accountant is expensive, you should see what it could cost to do your own books.

[tractor]

...

I do not quite enjoy the idea of paying a grand or a couple a year to someone for just few paper exercises. Is there a new contractor DIY accounting guide somewhere answering questions how to pay salary to yourself, expence reports, dividents etc.

The old adage "If you think it's expensive to hire a professional, wait until you hire an amateur!" is very apt here.

Equally apt is the "The man who represents himself in court has a fool for a client" is better though!

If you cannot afford to do things properly, don't bother. It's not worth it because instead of paying £1500 for an accountant, you may well be paying £15000 for mistakes.

[northernladuk]

I do not quite enjoy the idea of paying a grand or a couple a year to someone for just few paper exercises. Is there a new contractor DIY accounting guide somewhere answering questions how to pay salary to yourself, expence reports, dividents etc.

This coming from the guy that doesn't understand if VAT is extra to his rate, doesn't know about claiming rent and can't use a website to register for VAT... and that's all before he's even started. Can't wait to see how you think you are going to get out of the complex hole you make yourself at year end by knowing next to nothing about the basics.

Stupid is as stupid does.....

[TheFaQQer]

Can't wait to see how you think you are going to get out of the complex hole you make yourself at year end by knowing next to nothing about the basics.

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

[Ltd]

Given that you're struggling to spell expense and dividend correctly, do you really think it's smart to do the accounts yourself?

Apologies, English is not my first language...

Equally apt is the "The man who represents himself in court has a fool for a client" is better though!

...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.