Annual Review for Self Employed

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otter

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Post by otter » Sat Oct 10, 2009 6:30 pm
I have been reading about annual reviews for employed individuals and what documentations are required from them.

Does anyone know how this works for self employed people who do not have P60s etc?
 
 

Shining

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Post by Shining » Sat Oct 10, 2009 6:32 pm
Otter, I honestly have no idea, but I'm sure one of the professionals will be along very soon to advise.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

otter

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Post by otter » Sat Oct 10, 2009 6:58 pm
Thank you Lesley.
 
 

Cath

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Post by Cath » Sat Oct 10, 2009 7:50 pm
I'm sure you will have to provide your accounts and tax returns.
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otter

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Post by otter » Sat Oct 10, 2009 8:24 pm
How would accounts be provided? Is the end year Profit and Loss Account enough?
 
 

MelanieGiles

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Post by MelanieGiles » Sat Oct 10, 2009 10:40 pm
It is the accounts which are submitted to HMRC each year together with your tax returns.
Regards, Melanie Giles, Insolvency Practitioner
 
 

moretolife

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Post by moretolife » Sat Oct 10, 2009 10:46 pm
as Melanie says..it is a relatively simple thing..Our review is Aug/Sept...so I make sure I submit my tax retirn in April and then pay my July instalment and then just download copies of online assessment showing payments etc and send off with all the other annual review documents. So far that part of our review has been very smooth over last 3 years.
Last edited by moretolife on Sat Oct 10, 2009 10:47 pm, edited 1 time in total.
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