Accountant or bookkeeper?

[taxi1990]

Which is best to use, I have my accounts added up but now am looking for the accounts to be submitted to revenue.

if the bookkeeper is half the price of the accountant, should I give him/her the business or are you better off using an accountant?

[SClass]

Which is best to use, I have my accounts added up but now am looking for the accounts to be submitted to revenue.

if the bookkeeper is half the price of the accountant, should I give him/her the business or are you better off using an accountant?

Contact Miriam in ttnh
 0863040660
€ 100
  Very bizy at the moment,

[Octavia1]

Was on the news yesterday about all the top millionaires paying less tax than ordinary worker.... Most of them declaring income of 35k.....
They can afford the best accountants an get away wit it..... I got screwed last year and I effectively havin made antin in 2 years wit buying new car and losing fortune in another business I had....
I'm seriously tinkingettin an accountant....
Cud be worth a fortune

[Shallowhal]

Which is best to use, I have my accounts added up but now am looking for the accounts to be submitted to revenue.

if the bookkeeper is half the price of the accountant, should I give him/her the business or are you better off using an accountant?

Sounds like you're doin the bookkeeping yourself Italia 90,

I use an accountant cos she's up to date with revenue with what can be claimed and also using the credits that my wife doesn't use.

[mercenary for hire]

I'm paying nearly 3 times more a year than most drivers I speak to. Probably because I do my own accounts. I can't see how they're getting away paying 600 a year unless their fabricating receipts or spending an extra 10k a year on made up expenses. Drivng an efficient Toyota that's paid for and never breaks down is actually a pain come the tax bill time. I still think I'm spending less time in the cab overall compared to having finance on a newer motor but sometimes I wonder what lies the real Accountants are putting through.

[Shallowhal]

Don't get it myself MFH,my bill this year is €2200(inclusive of prelim tax)...i don't have anything to write off for the 2017 tax year and the missus practically worked full time last year.

[mercenary for hire]

 Mine was close to that Hal.I suspect some are claiming their spouse's tax credits but don't realise it because the accountant does it for them.

[Shallowhal]

Maybe we're too honest MFH....although a lot of taxi men don't seem to know what prelim tax is either.

[Rat Catcher]

600 seems high, 2200 is crazy talk.

[weird al wankovitch]

What is this preliminary tax you speak of

[SClass]

 2200 WTF,
Never,
How did you add that up.
Or why did you add that up.

[Shallowhal]

What is this preliminary tax you speak of

Paying next years tax on the basis of the current year liability,ye don't have to pay the full amount..if for instance ye might know that you'll be writing off an amount..ie: car loan etc.

[SClass]

 Setting up a Direct debit with Revenue takes the pressure off,
Also eliminate preliminary tax.

[vandriver]

600 seems high, 2200 is crazy talk.

It's 500 minimum for prsi,so how would 600 seem high?

[john m]

600 seems high, 2200 is crazy talk.

It's 500 minimum for prsi,so how would 600 seem high?

he is talking tax which is added on after prsi and social charge .If you are renting your tax liability should be close to zero .