Why Do I Always Do My Tax Return Last Minute?

Well, last weekend saw me racing to get my tax returns sorted.  OK, so although it wasn’t completely eleventh hour, as I don’t like leaving things to the last minute I was feeling the pressure of it.  Every year I promise myself that I’ll be more organised, and every year I complete them in January.

I have no excuse, I’m an organised person.  I’m just an organised person with a tendency to procrastinate.  So this year I’m going to take these 3 simple steps to my accounting with a goal of having my tax return done by the end June.  Having the finalised accounts will help me with my business planning for the following year.

  • Schedule 30 minutes every week, this is to go through my diary and record my weekly miles and expenditure, number the receipts and record my earnings.
  • Place a diary entry end April to chase the additional information required.  I.e. getting tax certificates on my savings accounts, etc.  Check that I can log onto the system.  Check stock etc
  • Diarise a half day in June to pull together all missing information and enter onto system

The advantage of doing this is that all the information is fresher in my mind.  You can use this 3 step diary approach to any tasks that you keep putting off.

If you find yourself procrastinating over important tasks, get in touch with Carolyn today on 07714 216388 to take advantage of your free consultation.

P1080106copyright Carolyn Trafford (2014)

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