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Original poster

CM CLUB - Oh dear, what shall I do??? Tax Return - BIG problem! :-(

40 replies

looneytune · 24/01/2007 09:51

I am soooooo embarrassed about this but I really need some advice. I had all my receipts for childminding expenses and everything in a wallet with workings out written down and everything. As the tax return is due in a week today, I went to work on it a while back and couldn't find the receipts etc. Went into panic mode and since then, have spent each day searching places where the wallet may be (should be in my accounts tray!!!) Anyway, I'm now feeling sick with worry about it. I've not managed to find them and without them I can't do my tax return! All I can think is they've got lost in the move (moved house recently) but what on earth am I going to do????

Anyone else not got their tax return in on time for any reason?

LT

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Original poster
looneytune · 27/01/2007 17:06

Thanks

Right, I've just done the quickest little calculation to give me an idea and it looks as though in that tax year:

Received Payments = £5748.50
Deduct Electric, Gas, Council Tax etc = £279.24

This leaves me with £5469.26. I think I can very safely say I have spent over £400 on food shopping, presents, arts and crafts, set up costs etc.

Sooooooooo, does this sound like my tax bill will be zero?? Please say yes!

Now I need to go on the website and see what figures they need from me in order for me to prove these details.

Wish me luck!

OP posts:
Katymac · 27/01/2007 16:27

£5035 pa

Tan1959 · 27/01/2007 16:20

I think its £80.00 pw! but maybe somebody else will come along to advise...

Original poster
looneytune · 27/01/2007 14:11

Had written on each receipt how much was for childminding and had written most of those figures on the piece of paper that was with them. Lots of work done but where is it all????? Dh is having ds for the whole day tomorrow so I can work on it. Can't believe this has happened but will just try my best to work some figures out somehow.

I know most of what we can claim but can anyone remind me how much you can earn before you pay tax?

Thanks

OP posts:
alison222 · 25/01/2007 09:48

Hi, had you done any calculations? Have you got anything to base your estimates on? DO you need some help with what is allowable or are you sorted for that?

Original poster
looneytune · 24/01/2007 19:09

Yes, big relief! Am still looking though, mainly because I'm sure they've gone missing due to dh and I want to prove it!

OP posts:
jura · 24/01/2007 14:59

This reply has been deleted

Message withdrawn at poster's request.

Original poster
looneytune · 24/01/2007 10:42

Right, phoned them up and she was lovely. Told me to put estimates down and just tick the box saying they are not confirmed figures and explain why. She said if I don't think I've earnt enough to pay tax then to make sure the estimated figures reflect that and then when I get proper figures, just let them know the amendments.

I burst into tears with relief and could hardly say goodbye to her, felt like a right idiot! So, I'm going to estimate as best I can. Can't use previous years as although I've been minding for over 1½ years, this is my first years submission.

Thanks for the support!

OP posts:
jura · 24/01/2007 10:31

This reply has been deleted

Message withdrawn at poster's request.

ayla99 · 24/01/2007 10:27

I lost some of my receipts one year - I went through all my paper records (cheque stubs/credit card & bank statements) and put these in my file. Went online to paypal/amazon/ebay etc & printed out copies of orders. Didn't check with IR if this info is okay instead of receipt, just figured this was my only option & if I got a higher tax bill cos I'd missed a purchase it was my own fault.

Registered Childminders don't need to keep receipts for purchases under £10 so you can still estimate numerous costs (maybe look at what your expenses were this time last year, up it if you've got more mindies now). Will be time consuming though, so probably worth a call to IR if you're not going to make the deadline.

pageturner · 24/01/2007 10:23

Go for it. I'll sit here and be moral support!

Original poster
looneytune · 24/01/2007 10:21

I did think of doing that. May try in a mo, just scared!

OP posts:
pageturner · 24/01/2007 10:01

Dare you ring the IR and aske advice? Better to 'fess up to them in advance, I would think. Good luck with the hunting!

Original poster
looneytune · 24/01/2007 09:58

Oh dear!

I know I had it at my parents house some time last year but just can't think when I last had it all I thought it was still with the take return paperwork and my accounts book but it's all vanished!!!

I'm sooooooo worried!!

OP posts:
totaleclipse · 24/01/2007 09:55

Cant help, but will be interested in other replies, my bil accounted had all of his paperwork for his tax return, but he went missing around 6 months ago, even his family dont know where he is.