Anyone considering bouncing back ...

[GhostofTarbera]

If you haven't completed your first year you're allowed to use estimated turnover. No guidance on how to calculate but I'm sure most would just take ytd turnover / ytd days * days in year but that might be disingenuous if you've been in contract for your entire YTD but I'm sure you could justify it to HMRC if required especially with lack of guidance.

They will do a basic check on your account to confirm income - job done


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[Ploptimus]

Can I apply for one? Since CV19 I am getting too much business that I have to turn it down or do a lower quality job, adversely affecting my business' reputation.

[DimPrawn]

If you;re not a contractor why are you on here.

I like to know which £70K german wonderwagon you contractors are buying next with all the tax money you save.

[d000hg]

You got a live one dim. Reel him in...

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[Old Greg]

I like to know which £70K german wonderwagon you contractors are buying next with all the tax money you save.

Talking of which, I saw a UK registered monstrosity driving past today - PR11AWN, royal blue Range Rover (true story: https://cartaxcheck.co.uk/free-car-check/?vrm=PR11AWN ). It struck me as exactly the sort of tat you would buy if you could afford to.

[DimPrawn]

Talking of which, I saw a UK registered monstrosity driving past today - PR11AWN, royal blue Range Rover (true story: https://cartaxcheck.co.uk/free-car-check/?vrm=PR11AWN ). It struck me as exactly the sort of tat you would buy if you could afford to.

Landwind X7 - Wikipedia

[ladymuck]

Can I apply for one? Since CV19 I am getting too much business that I have to turn it down or do a lower quality job, adversely affecting my business' reputation.

That's the key phrase there...

[d000hg]

WifeCo has only been trading since March. But I've seen how to provide projections from Dragons' Den....

Q: How long have you been trading?
A: 7 years
Q: how many have you sold?
A: 104
Q: How many will you sell this year?
A: half a million