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Nov, 09, 2017 00:00 11:07:30 (GMT) - One month ago
by The Vice Accountant | Information

Why do You hate paying taxes?

Probably because You don't understand them. Do you know what are tax-deductible and can result in lowering your tax bill?

Did you know the following are tax-deductible and can result in lowering your tax bill?

  • Meals out and travel expenses during business hours
  • The Ipad that you bought 
  • Using one’s home as an office

 

My Free Tip - As of right now!!! Hoard all those receipts. They are like gold dust and each one is a Tax saving gem.

If an accountant’s wife cannot sleep, what does she say? “Hunny, could you tell me about your work.”

Yes, I know there is no other topic that can send you into a deep coma-like Taxation and Accounting. These two “Dull” topics have had the most negative stigma for centuries. However, Taxation and Accounting can be Sexy. 

Yes, I said that!!! Move over Fancy cars and Instagram Selfies, Tax is here, and here to Stay!! 

Well, technically that statement is true. What you are guaranteed in life, is DEATH and TAXES. And if I had the choice of one or the other, I’m opting for the latter.

I get it, Tax is boring and scary at the same time. But why is this the case? I feel that that people hate taxes because they don’t understand them.

This Subject is a mind field and for many people, they do not know where to start. All that technical jargon mixed in with a concoction of Regulation and Legislation can cause one to turn a blind eye and open up that bottle of Vodka. Believe me…… I have felt the same way from time to time lol.

We all know the importance of paying tax and benefits for the nation, and we have all heard cases in the press of tax evasion and avoidance. The government have decided to clamp down on these offenders since the turn of the decade and now the Adult Industry is on their list. There have been many cases which can be found online.

I’ve seen and heard with those within the Industry, people do not know where to begin. The combination of the complexity of what is needed from them, the fear of what others would say, and the stigma of the industry from the outside. The most major element of the lot is trust, the feeling of exposure, vulnerability and judgment when stepping out of this tight-knit culture. 

Society has not moved on with the times and finds the Industry to be Taboo, even though a majority of them go and surf on those sites. A bit of a contradiction there!

I have had many occasions where new clients have asked me questions in fear of what it may come out as. But don’t worry, and do not be embarrassed. I have heard it all ????

All I want from you is pure transparency and relaxation. I am not a bloodhound but more of a friend. With my assistance, I will make this topic less scary and stressful and make you more tax open. 

My aim is to minimise your exposure to risk.

Did you know the following are tax-deductible and can result in lowering your tax bill?

Meals out and travel expenses during business hours

  • The Ipad that you bought 
  • Mobile phone costs
  • Using one’s home as an office

 

As of right now!!! Hoard all those receipts. They are like gold dust and each one is a Tax saving gem.

I believe in “The more open you are with HMRC and keep them in the loop the more they like you”

Congratulations you are all now Entrepreneurs!!!

Discretion and Confidentiality are my Foundation. So, don’t be afraid, send me a tweet, I am listening!

The Vice Accountant

@Sebastian1982

 

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