Were you cutting it fine to submit your tax return before midnight on 31st January? Did you face a week of sleepless nights in anticipation of tackling all the necessary paperwork? The prospect of making sense of the huge pile of receipts and invoices can be sickening, stressful and the cause of a major headache.
Having experienced the relief of submitting their return in the nick of time, many people promise themselves that it won’t be like that again. They are determined to get their paperwork organised and start working on completing the form in the summer. Then reality happens!
It’s hard to be disciplined with filing and recording every detail when you are in the working to a tight deadline on a large client project. Who can keep track of every receipt when they are negotiating with suppliers, delivering great customer service or focusing on a lead generation campaign? We may all have good intentions, but then we’re drawn off track by the other demands of our business.
Virtual Assistants Provide the Cure
There is, however, a way to keep your promise to yourself, whilst sticking to the areas of the business that you prefer. A Virtual Assistant could be engaged for just an hour or two a month with the task of keeping your financial paperwork in order.
If you can spare five minutes to put a month of receipts into the post, a Virtual Assistant can do the hard work for you. Let us organise your paperwork into date order, match it to appointments in your calendar and collate all the details into an Excel spreadsheet.
When you receive notification in April that you need to complete the next tax return it will be straightforward. All the information you need will be clearly presented on the spreadsheet. With this knowledge, the task becomes less daunting. It is easier to tackle and far less time-consuming, so you are more likely to get it done far in advance of the final deadline. No more races against the clock at the end of January - doesn’t that sound good?!
If you are passing the spreadsheet over to an accountant or bookkeeper, a detailed spreadsheet will take them a lot less time to work on than a pile of paperwork. This can reduce their charges and, therefore, cover some of the costs of the Virtual Assistant’s time.
If finance isn’t your top priority and you’re looking for a cure for the annual tax return headache, visit CC Professional’s website at http://www.ccprofessional.net/