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Who Here Used To Or Currently Files Their Own Tax Returns And Is It Difficult?

Taxes and regulation

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PetePreneur

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Hi,

So I'm about to launch an expensive product brand in the next few months that I'll only be making maybe 1 sale a day for at best in if it goes well and I'm thinking whether it's worth just filing my own tax returns to save money?

My previous business was a high volume low profit per item model that would have been very complicated to do, but this one is pretty straight forward.

I was spending £100 a month on an accountant to do what was a 2 hour job, so I feel it may be worth me just doing this at the start to save costs if it's easy.

Who here files their own Tax/VAT returns (if in the UK) and is it difficult to learn?

Thanks,
Pete
 
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