Some wise sage told me to do it from the start.... I did. It’s a right old balls ache and I hate the form filling (though the online system is now pretty good).
I once submitted the self assessment incorrectly. I was on the phone to HMRC, and sadly I got some starchy, stiff jobs worth who decided to lecture me.
I gave them both barrels and a bit more. How dare they question my competence when self assessment opens it up to idiots like me, just to save them money.
You are right with self assessment - it's no fun for someone who isn't a bloody accountant ( I am - but it's still a pain).
A colleague at work has 'finally' sold their relatives house - the money is going to improve their own, as something they can leave their own kids as some point (possibly 30 or more years away).
I think we will sell the MIL's 4 bed detached as it is. It needs stuff doing, e.g. kitchen, bathroom, decor, but the house is solid, oh and has polystyrene ceiling tiles in a few rooms... Electrics will need modernising and all the old redundant wires ripped out. We don't have any 'cash' to do it up, as it would be all our own money to get a few more bob on the market, so best sold cleaned out.
It does seem tenants get a better deal than home owners - if a boiler fails as an owner, you wait until you can get it fixed (money or time) - tennant's it's NOW !!!
