Year End accounts - HELP??

[smgwalch]

Hi

I have started as a photographer but only earnt about £1000 last year so cant afford an accountant/it would be a waste of his time.

However, I am applying to rent a house and the estate agents require my "Year End Accounts"!!!

Does anyone know where I can get a template to show what should be included in these and how I do them myself as theres not really a lot to put in yet.

DESPERATELY need help here.

Thanksx

[MyAccountantOnline]

You might want to double check but I expect your agents will just need confirmation of your net income as shown on your tax return.

[adz1000]

year end accounts are only for Limited companies as far as I know. If you are a sole trader then nicola is right, you should fill out a self assesment form and you should get a tax return from your hmrc office.
Sounds like you may need a guarentor for the rent if you are only showing £1000 income from self employment unless you have another job. Time for a call to mum?! :)

[elainec100@cheapaccounting]

year end accounts are also for a sole trader business but backed up by an SA302 from HMRC showing declared self assessment earnings.

Generally a check ref will be carried out and a letter from an accountant may be required to confirm earnings.

[Homshaw]

Can't see how you can rent a flat on £1000 a year income. You would be better off on benefits

An accountant may be able to help you with working tax credits and to get a rebate if you have made a loss

[robindunne]

Hi

I have started as a photographer but only earnt about £1000 last year so cant afford an accountant/it would be a waste of his time.



Wouldn't bet on it. I know firms that charge according to value - charge according to the saving they have made you. In this world of tax credits you may be pleasantly surprised what a qualified accountant can do for you if you have a low income.