Networking in Surrey

A start up to help the self employed

Hi,

I'm trying to get a new web tool off the ground for self employed workers and wanted to know if there was any interest from members on how to work out monthly self employed taxes..

I know what it's like to be self employed and the biggest 'tax challenge' each month was trying to work out how much money should be kept aside each month to pay taxes. There's no easy tool out there to help self employed workers to get this magic number and it's horrible getting a nasty surprise from the tax man each due date.

Would anybody use such a tool?

Thanks,
A

Views: 43

Comment by Aernout Fabius on August 5, 2010 at 8:41
There are quite a few web tools available on the web and it is a very competitive market. You also need to bear in mind that HMRC are constantly reviewing the tools used. Correct me if you will, but I think all bookkeeping tools need to be registered and approved by HMRC, unless it is a spreadsheet designed by an accountant.
Comment by Andrew Halgryn on August 5, 2010 at 14:45
Thanks Aernout for your thoughts. You are right, there are tons of web tools and free calculators out there, but I'm yet to find one that a self employed person can use month-on-month, allowing for multiple income types (such as PAYE, Self Employed, CIS, interest, rental income etc.) as an ongoing 'health check' throughout the tax year. Surely this 'health check' will be valuable to those nervous about meeting with their accountant at the end of the year?

Andrew

Add a Comment

You need to be a member of Networking in Surrey to add comments!

Join Networking in Surrey

Member Sponsors (Links)

These NiS MEMBERS help us keep NiS free for you! Click the ads for info and offers...

Meet Steve Page on NiS...

Surrey Charity Network (SCN) is a collaborative networking and business support group offered FREE to local charities and paid for by supporting business partners

GRAB A FREEBIE...(or two!)

Click the ad to check out our Network4Free page for dozens of terrific freebies, many of them transcending the Surrey borders.

Meet  Elizabeth Turner on NiS

Gold BNI is the only BNI networking group in Surrey that meet every week online, with an optional social face to face every month - please click the ad to visiti us for free!

Meet Louisa Coy on NiS...

I'm the Silver Lining to calm your overwhelm! For diary/inbox management, travel coordination, event management and everyday admin support please call Louisa on 07464 507057 (or click the ad for more details!)

Meet John Gower on NiS...

Local Networking Works! Start boosting your business TODAY... Please click the ad for details

ADVERTISE HERE! Become a Sponsor and promote your business by taking an ad  - seen by over 2,400 Members, 1,500 unique visitors  with 6,000+ pageviews every month...

"Thanks for getting Google on my side! It's  so nice when you can see a return on your investment."
Emma Selby Farnham Hub

Sean Usher Interviews Keith Grover Part 1

WATCH A VIDEO of Keith telling Sean Usher all about NiS

© 2024   Created by Keith Grover, NiS Founder.   Powered by

Badges  |  Report an Issue  |  Terms of Service