How much do you earn and how much do you end up declaring?????

I declare everything to IR, even tho most pay by cash, it is not worth not, the year I paid tax I earned 2400.00, but I do but alot for the children, we have lots of garden toys including a 10ft Trampoline and a huge climbing frame, I would rather spend it on the children than give it to the taxman.

And I have to drive to school run, so that is at least twice a day that i do 9 miles, and the sept term I have to go back at 12.oo for the reception child and have done that for the last two years as children have gone to school.

You really have to make sure you claim for everything, there is on here a list we all worked out of what to claim for.

shoshable how can you earn well and not pay much tax?

My biggest bill was £1215 and that was 2005-2006. This year I'm expecting about £70. You have to be as honest as you possibly can be. The main thing to remember is that the Inland revenue receive details of fee's paid via council run schemes - ie Teen parents care to learn, so they have a rough idea of what you will be submitting. If your parents are in receipt of WFTC's, then the IR also know about those! If you have any parents who do not claim any benefits or relief, then they are the top up figures on top of what the IR already know of. These too must be declared.

Sally

that's a big difference..alibubbles apying 7k and nyou others practically nothing

obviously a controversial area or she is very efficient and popular or....not everyone declares their income

most I have paid is about 1400.00 and I earn well, make sure you declare EVERYTHING that is expenses, you would be surprissed what you can claim for.

I really must do this years tax - I am estimating a profit of a bout £6K so very small tax maybe £150-£200??

I pay my NI each month too

My tax bill is £7000 this year, last year it was £6600. If you earn it you have to pay for it!

I know a lot of childminders who gross in excess of £25K a year, it is not difficult with 3 full timers at £850 each a month and some after schoolers. The husband and wife couples I know are doing really well and they are always full.

I pay my NI by direct debit every quarter so it is automatically done and don't have to worry about it.

I haven't ever had a big tax bill, only had to pay £18 once and thats it in 3 years. Which I think shows I have very low takings and spend too much on my high expenses!

I think some cm'ers on here put say 10% away each month towards tax bill, then if they don't need it blow it on new play equipment or whatever else they fancy!