Hi, I'm a ltd company

Hi, I was wondering if someone could help as I am doing my tax return.

My gross pay over past 12 months has been 37k, with expenses of 7k

I am outside of IR35.

Can anyone help me with the right calculation? Would I subtract the 7k from the 35k, and then also tax free allowance of 6k?

thanks

Hi

I am a freelance social media consultant and for my next role the client has requested that I set up as a Ltd Company.

Two questions:
Is it necessary to employ a professional accountant to do the books? As I am going to be a 1 man company I wont have alot of costs that need accounting, and will be able to easily keep receipts and an updated spreadsheet. I have seen figures of £800-£1200 for an accountant but how necessary is this for a 1-man company with limited accounts.

I appreciate any advice people can offer.
thanks

Alex