Gross income : 14700 pounds / 4000 pounds expenses too much ???

[Childminderindistress]

I think I have done everything alright but I cant help being stressed of putting too much expenses. I owe the tax man 1900. Does it look right to you ? Thank you !

So long as you can justify your expenses, then that's fine isn't it?

My expenses are much more

no it dosnt, 1470 can be written off straight away with ur 10% allowance then theres food, outings, toiletries, gas electric council tax water, toys, craftstuff, equipment, mines about 55% as the more i earn the more i seem to spend :( but its how it is

I can justify everything, receipt are well kept .

Reality - You say that 2 k taxes is masses but 14700 is a lot no ? I put everything I could think of,phone stationnery, food equipment, yep everything. Thank you for your very quick answers !!

I claim for my cleaner but only asked for 50 % even if she looks after all the rooms that I use for childminding. I claim 350 pounds instead of 700 pounds. Shall I claim for the whole lot ?

I didnt claim for wipes, shall I make a claim on wipes, I use about 3-4 bags of wipes a week. Its my first big claim, can you tell ? Next year I get an accountant !

I agree doesn't look enough. I'm currently stressing my way through my figures and so far my expenses on approx. £27,000k are £15k - all justified and still more to log.

Have you included mileage? That hugely whacks my expenses up!!

claim for all toiletries, the toiliet rolls they use, the handwash for your mindees when washing hands, etc.......claim for any nappies u buy, i dont have a cleaner so i dont claim for one.
your mobile phone? percentage of broadband?

Um & mine....nah you don't want to know mine

I dont drive ! What do you think of claiming for a cleaner ?

Looney - you earn 27 k ??? My god, you must work day and night !!!!

Katy - I so want to know yours

looney my expenses on 23000 are 13500 about 56/57%, i find the more i earn the more i take them out - if you get me, i spend more on stuff for them, i love doing stuff with them. The more i earn the more kids i feed etc......the more toiletries i have to buy, is all justifiable

Percentage of broadband, I didnt know I could claim for that one as well as it is part of a package !

One childminder tried to help me doing my taxes return but she got it wrong, for example taking your 10 % wear and tear out of the total gross income-expenses and she also told me not to claim over 25 % otherwise it looks dodgy !

do you use internet for your books? for filing ur tax return? for printing stuff off for mindees, for registering onto courses? i do all the above and my policies and sourcing information for events etc, so i put 25% through

you DO take 10% out of you total earnings - agreement with tax office and ncma for wear and tear on your home, so out of your earnings you would take £1470 straight away

menee - Yes I do actually, thank you for your help !!!

Menee - I know now but when I didnt know that I was looking at a almost 3 grands tax bill !!

Shall I claim all for my cleaner ?

If your turnover is £14,700 is that before or after you have taken your personal allowance into account? Can't see how you should be paying £1,900 tax on that amount. And agree you should claim everything you can.

Its before I take personnal allowance and everything. Personal allowance is 6750 ? No ?

i would only claim for the proportion of rooms you use for minding that ur cleaner cleans, if that makes sence. but ive never used one, thats maybe a question for hmrc

Every rooms are used for childminding, I'll give them a call later ! Thank you menee