Mick Miller said:
its more services and i recliam very little but charge far far more, i
already had an inspection ...ouch!
Okay service industry serving (mainly?) the public, you should
deregister.
It is rude to answer a question with a question but whenever I get a
plumber or an electrician round and I say to them:
"How much?"
....they say...
"...Cash?"
There are two things you need to sort out which again your Chartered
Accountant if you engage one will wheedle out of you and which the CA's
on this group will need to be clear about before they can help you.
1) You had no income from either of your companies so where did your
£15,000...£20,000* income come from?
2) Are you sure the margin your company is declaring is correct?
Industry norms are easy to check.
This isn't a dig at you, it is just that we all live in the same dodgy
world and these are the questions the Tax Inspector may be asking you
some time soon, it is better to have your answers ready.
*The £15,000...£20,000 you spent on Rent, Council Tax, Clothes, Food,
Holidays, Car Purchase Insurance Tax Petrol...etc etc etc
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