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5 hours ago, Howmanheyman said:

This tale just come up on one of my WhatsApp groups couple of lads I know are away in the Gambia with a few others as they're dedicated twitchers. Anyway, the teller of the tale has form for filling his pants. Anyway, I'll let him tell the tale.... :lol:

 

 

He'd had a load of beer the night before with a curry. :lol:

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51 minutes ago, Monkeys Fist said:

Denis Squelch looking fiiine…

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CT has left the chat for a couple of minutes to take care of "business" in the bathroom. 

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41 minutes ago, Gemmill said:

What rules? 


Making tax digital. Self employed now have to digitalise all sales / costs etc and report to HMRC 5 times a year.

 

No more XL sheets. Must use software approved by HMRC

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29 minutes ago, Christmas Tree said:


Making tax digital. Self employed now have to digitalise all sales / costs etc and report to HMRC 5 times a year.

 

No more XL sheets. Must use software approved by HMRC

 

My lass used to pay an accountant next to nowt to do this sort of stuff for her when she had a small business. Have you looked into that? 

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20 minutes ago, Gemmill said:

 

My lass used to pay an accountant next to nowt to do this sort of stuff for her when she had a small business. Have you looked into that? 


Aye but it’s all changing. It was easy dropping all your stuff of for the accountant, receipts etc, but now it all has to be kept in digital form on software approved by HMRC. And a once a year trip to the accountant is a lot cheaper than 5 times a year

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2 minutes ago, Christmas Tree said:


Aye but it’s all changing. It was easy dropping all your stuff of for the accountant, receipts etc, but now it all has to be kept in digital form on software approved by HMRC. And a once a year trip to the accountant is a lot cheaper than 5 times a year

 

Is Xero approved by them? If you got the right piece of software, it'll pump out the information they need in the right format, I'm sure. 

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1 hour ago, Gemmill said:

 

My lass used to pay a so-called accountant next to nowt to do this sort of stuff for her when she had a small business. Have you looked into that? 

 

FYP

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1 hour ago, Gemmill said:

 

My lass used to pay an accountant next to nowt to do this sort of stuff for her when she had a small business. Have you looked into that? 

 

Charging your own lass for giving her a little bit of help, outrageous !!!

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1 hour ago, Gemmill said:

 

Is Xero approved by them? If you got the right piece of software, it'll pump out the information they need in the right format, I'm sure. 


So far I’m considering Quickbooks as the main software and link my books as the software for dragging all the Etsy info into quickbooks.

 

Just going to double check with the accountant that it’s a decent set up for what I need.

 

Link my books works with xero as well, but so far my research indicates quickbooks being a bit better suited for e-commerce. Hopefully he has a few clients set up this way already. 

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3 hours ago, Christmas Tree said:

Quite amazing how many people seem to know nothing about these new rules starting in September. Lot of people are going to be up shit creek.

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