Reply to: Anyone Else Received A Self Assessment Demand Form Today

[MarillionFan]

Going to do mine early this year. Got 6k back last month for year before last but am owed over 10k for last year. So going to do it early as that will trigger off an investigation!!!

[ChimpMaster]

You're very keen.
I usually have to wait a month or two to receive other tax related earnings forms (such as statement showing dividends receive on shares etc), so I complete mine around the end of May.

I never had to do these until I went Ltd. I assume all Ltd co directors have to complete one every year.

dooooooooooooooooooooood that is like so keen man.

I tend to wait until January and then rush it in with the other 100,000's of late finishers... leaves less time for HMRC to take a good look at it!

[d000hg]

have you never earnt enough to pay 40% tax before you started your Ltd?

Nope. I was on £27k when I left permie-land 2.5 years ago.

[centurian]

Indeed - Hector wrote to me saying I didn't need to do Self Assesment any more shortly after I started MyCo - I have to keep insisting.

Just after I started MyCo, I got a letter from Hector stating that they had "reviewed my situation and decided that I no longer needed to do SA".

I was going to call them, but the next day I received another letter which stated that they had "reviewed my situation and decided that I should now complete SA".

[Peoplesoft bloke]

It's called luck of the draw.

Some people they think are worth investigating, some people they randomly investigate and some people they never bother with.

Indeed - Hector wrote to me saying I didn't need to do Self Assesment any more shortly after I started MyCo - I have to keep insisting.

[SuperZ]

Girly did our SA forms yesterday - Hector owes me money!

You're very keen.
I usually have to wait a month or two to receive other tax related earnings forms (such as statement showing dividends receive on shares etc), so I complete mine around the end of May.

I never had to do these until I went Ltd. I assume all Ltd co directors have to complete one every year.

[cojak]

You're screwed.
HTH

Ooh, mean!

(made me giggle, tho'...)

[cojak]

Perfectly normal, I got mine today as did a few 100,000 other people.

Yep, perfectly normal.

Even Mr C (who's a permie) got one a few years back.

[Churchill]

Some years ago I made the mistake - and it's apparently quite a big one - of being remiss about my SA forms. One day the doorbell rang and there was a chap from the Inland Revenue wanting to know what I was going to do about it

He was quite nice about it really, even though I kept him standing on the doorstep for our entire conversation out of a vague fear that he might impound the cat or something. I ended up devoting quite a lot of time to four years' worth of forms, even though I'd only been operating a company for the first two of those years

End result: I didn't owe a penny in outstanding tax, but it cost me a few hundred quid in penalties. That's a mistake I won't make again

Girly did our SA forms yesterday - Hector owes me money!

[NickFitz]

Nor me until recently, this will be the 3rd SA form I've filled out this year.

As a director I knew I should have been filling them in so I handed myself in to the tax feds.

Some years ago I made the mistake - and it's apparently quite a big one - of being remiss about my SA forms. One day the doorbell rang and there was a chap from the Inland Revenue wanting to know what I was going to do about it

He was quite nice about it really, even though I kept him standing on the doorstep for our entire conversation out of a vague fear that he might impound the cat or something. I ended up devoting quite a lot of time to four years' worth of forms, even though I'd only been operating a company for the first two of those years

End result: I didn't owe a penny in outstanding tax, but it cost me a few hundred quid in penalties. That's a mistake I won't make again

[gingerjedi]

Not me. I've never filled one in EVER.



Special message for Hector:

Nor me until recently, this will be the 3rd SA form I've filled out this year.

As a director I knew I should have been filling them in so I handed myself in to the tax feds.

[HairyArsedBloke]

How come?? Are you with one of those dodgy management co's???!!!!

I'm non-resident in the UK.

[SueEllen]

How come?? Are you with one of those dodgy management co's???!!!!

It's called luck of the draw.

Some people they think are worth investigating, some people they randomly investigate and some people they never bother with.

[MarillionFan]

Self Assessment form.

Sheesh. Last time I had one of those I got a full audit on 3 years worth of accounts, all personal bank stuff & a full cavity search without gloves!

Never mess with the Self Assessment people. Bastards the lot of 'em!

[TykeMerc]

222 posts?

Sockpuppet troll, simple explanation.