4.9 • 3.9K Ratings
🗓️ 10 August 2018
⏱️ 70 minutes
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0:00.0 | Ellis James and John Robbins. |
0:02.2 | Radio X. |
0:04.8 | Hello to you, everyone. |
0:06.6 | Welcome to the podcast. |
0:07.7 | It's John Robbins here with the wonderful Matthew Crosby who sat in for Ellis, |
0:11.8 | as Ellis fulfills his duties as a father, a brother and a fiancé. |
0:17.9 | And I have to say, does it with a plon. |
0:20.0 | And he deserved a lovely week's holiday, |
0:24.3 | and it's his sister's wedding, so best of luck to everyone involved. Yeah, good luck. Good luck to them all, |
0:29.0 | yeah. And Mr. Matthew Crosby sat in, very good, just going through some emails. First up, |
0:35.2 | Jerome in Ashford, says, I registered as self-employed in August last year, |
0:38.5 | and it's now been 12 months that I've been running my small business buying and selling vinyl. |
0:42.7 | My predicament is thus, what period do I need to do my first year's tax return for? |
0:48.8 | If you're a new listener, you may be thinking, is this Moneybox live? No, it's Robbins Box Live. Should I file August to August or August until January, April? And then every year thereafter from Jan to April to Jan to April, basically help. Whenever I Google it, I get a brain fog and I can't find the right info. Great question, Jerome. The thing with a self-employed tax year is you can set your year end whenever you want. |
1:12.3 | So your year could run December 1st of December 1st. |
1:15.4 | It could run, well, I'm not going to give up. |
1:18.3 | Two other at the same date, basically, is what you're looking for there? |
1:21.2 | I'm not going to do all 364 other examples. |
1:23.9 | But there are so many permutations. |
1:25.1 | It's a movable feast. |
1:26.0 | Enjoy yourself. |
1:26.6 | It is. Now, I have never |
... |
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