My accountant has retired and rather than paying someone new, I would like to do my own tax return. My turnover is below vat threshold and I am a sole trader working as a garden contractor. Any help is appreciated.
Thanks, I used to do this before self assessment and higher turnover took hold. I've read on HMRC site that £ 14,500 personal and 1 vehicle allowance/costs before tax is payable.
It's 10,000 miles@45p=4.5k flat rate rather than actual running cost of vehicle over same mileage. Hence the 14.5k allowance before tax. Now + 600, thanks.
