M
MrMagoo
Guest
Hey folks,
A worried man types this! I started my own Business as a sole trader a year and 7 months ago. My god i didnt realise how stressful it can be.
Since I started I havent really looked after the VAT the way I should, (an estimated payment here and there) let it slip due to family troubles and life in general! In the first year I had a turnover of 28k, and I am now trying to get myself back on VAT track, organising an accountant to do my returns every 2 months etc or even setting up a D/D for x amount to cover estimated vat and sort rest out at end of year.
My question is this, I am worried about the past year or so and impropper VAT payments and dont know what to do, ie hope nothing happens or what??
I dont need smart replies, I am looking for people who may have been in same position to help me sort my head out as it hurts at present!!!!
Thanks
Eoin
A worried man types this! I started my own Business as a sole trader a year and 7 months ago. My god i didnt realise how stressful it can be.
Since I started I havent really looked after the VAT the way I should, (an estimated payment here and there) let it slip due to family troubles and life in general! In the first year I had a turnover of 28k, and I am now trying to get myself back on VAT track, organising an accountant to do my returns every 2 months etc or even setting up a D/D for x amount to cover estimated vat and sort rest out at end of year.
My question is this, I am worried about the past year or so and impropper VAT payments and dont know what to do, ie hope nothing happens or what??
I dont need smart replies, I am looking for people who may have been in same position to help me sort my head out as it hurts at present!!!!
Thanks
Eoin