Shopping & Style1 min ago
tax software
3 Answers
Can anyone tell me what they recommend as the best tax software?
for freelancers etc
i hate doing it, so something easy and that helps you do it as much as possible, rather than just formats etc
thanks
for freelancers etc
i hate doing it, so something easy and that helps you do it as much as possible, rather than just formats etc
thanks
Answers
Best Answer
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For more on marking an answer as the "Best Answer", please visit our FAQ.I might be missing something here, but isn't it just a case of signing-up to HMRC's website for self-assessment taxpayers, fishing out one's records of income and expenses (either held on computer file, if yoyu do that, or on paper) and filling-in the boxes on the screen?
All the little boxes have 'help' icons associated to tell you what data goes in the boxes. At the end of all that, HMRC works out the tax liability.
The alternative is to fork out for an accountant to do the same thing for you, but that seems such a waste of money.
What else can possibly be involved in tax software? - there isn't a programme that can tell you what allowances you can invent to try claiming for.
All the little boxes have 'help' icons associated to tell you what data goes in the boxes. At the end of all that, HMRC works out the tax liability.
The alternative is to fork out for an accountant to do the same thing for you, but that seems such a waste of money.
What else can possibly be involved in tax software? - there isn't a programme that can tell you what allowances you can invent to try claiming for.
Best to explore a Tax Return to understand the questions. List them on Ms Excel to work out calculations for submission.
When HMRC are informed of your SE/employer status they send out a package with CDs to help with accounting.
http://www.hmrc.gov.uk/
When HMRC are informed of your SE/employer status they send out a package with CDs to help with accounting.
http://www.hmrc.gov.uk/