Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: richywilts on March 27, 2009, 12:27:46 am
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i set out and began last august but had a few setbacks along the way and havent really ran things full time yet i.e not earning a regular weekly wage that i could live off. i was planning on going fully legit paying taxes etc at start of april beginning of tax year, wat things do i have to do to be a fully legitimate business what pointers do you all suggest,im meant to be seeing accountant but hes been busy with all the tax returns etc.
iv got no excuses im all set to go this year got website done, new leaflets and vans getting signwritten next few weeks.so i should begin to pick up regular amounts of work to push me towards becoming a full timer.
also im not a dole cheat etc i dont sign on.
any advice would be appreciated
cheers richy
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I presume you are in England then, well you have to fill in a form with revenue and customs and let them know you are earning a wage, you can earn money for upto x amount of months, I think it is three month before you must register as a sole trader, limited company etc. You can do it online, over the phone or by mail.
here is the form
http://www.hmrc.gov.uk/forms/cwf1.pdf
I would register as a sole trader, or you will get stiffed on taxes if you go for limited before your over the threshold for it.
You might also want to send away for a national insurance exemption, if your earning for the tax year is under 4k or something.
I like many I think started in another job, and worked part time while I built up my round, I did that as much as I could then went full time. But even then I wasn't making allot of money, not what I wanted to take as a wage each month, and had to do a bit of round building to get enough money to make a living I was happy with. My point is you might not get there straight away, but work hard and you will get there.
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If you havent already registered for tax, you will get fined.
Somebody would have clocked this post and the Tax man will know about you now.
If you want to avoid real trouble You will have to create some books dating back to when you started.
Dole cheat/ tax cheat, there isnt much difference to the authorities i'm afraid,
Dave
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as long as you are devoting 30 hours a week looking for new jobs, canvassing, writing letters, working on your website, networking etc etc then you will be able to claim working tax credits to tide you over till you get established, you may even get help with your rent/mortage ( dont quote on that one)
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If you havent already registered for tax, you will get fined.
Somebody would have clocked this post and the Tax man will know about you now.
Dave
i am not 100 % sure on that david, in a ideal world you would be right, but its not a ideal world, i know a window cleaner who doesnt pay tax, he has been at it for 3 years now, he says he doesnt claim dole etc etc
oh and he works full time 5 days a week, he took over a round from another bloke who never paid tax in 6 years
makes a joke of it to be honest, i pay my tax's etc etc he doesnt, i guess it puts a extra few quid in his pocket
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If you havent already registered for tax, you will get fined.
Somebody would have clocked this post and the Tax man will know about you now.
Dave
i am not 100 % sure on that david, in a ideal world you would be right, but its not a ideal world, i know a window cleaner who doesnt pay tax, he has been at it for 3 years now, he says he doesnt claim dole etc etc
oh and he works full time 5 days a week, he took over a round from another bloke who never paid tax in 6 years
makes a joke of it to be honest, i pay my tax's etc etc he doesnt, i guess it puts a extra few quid in his pocket
The difference is that he hasn't announced it on a public forum!!!! ;)
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get in touch with your local tax office, they run business start up courses and self assessment workshops. and if you are honest with them they will help you out
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If you havent already registered for tax, you will get fined.
Somebody would have clocked this post and the Tax man will know about you now.
Dave
i am not 100 % sure on that david, in a ideal world you would be right, but its not a ideal world, i know a window cleaner who doesnt pay tax, he has been at it for 3 years now, he says he doesnt claim dole etc etc
oh and he works full time 5 days a week, he took over a round from another bloke who never paid tax in 6 years
makes a joke of it to be honest, i pay my tax's etc etc he doesnt, i guess it puts a extra few quid in his pocket
The difference is that he hasn't announced it on a public forum!!!! ;)
fair comment
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I think someone might have just soiled there underwear
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On a serious note, get straight round to an accountant, spill the beans and work out which way to go, if you act now you can save yourself a lot of bother.
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I would do as you said in your post & just start from 6 April. I very much doubt any tax man will be scanning this forum.
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im wispering, nobody can hear but you, ritch i second macmac comments go ligit when you have enough turnover to live on,
in the mean time get an invisible coat and lye low, or better still clean windows in the dark
on a more serious note you have to pay tax its the law, do it as soon as possible.
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Aint going to wash, its out in a public forum with over 50 views, Someone will report you.
Go and see an accountant, it is painless
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of course david, you could just delete the post and do the guy a favour ;)
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If you havent already registered for tax, you will get fined.
thats not quite true...
http://www.direct.gov.uk/en/MoneyTaxAndBenefits/Taxes/WorkingAndPayingTax/DG_10016920
If you don't tell them within three months of the end of your first month in business you could face a penalty test.
so he has three months to register, its takes 5 mins and is harmless, they wont ask you anthing else ither than the info on the online form.
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if you have a record of how much you've taken and how much you have spent so far then if you declare it, you will have till next jan to put in an assessment and if it has been a low amount you won't have much to pay.
as you say, you want to be legit. the only thing that could cause you trouble is if you have not registered your business within 3 months of starting, even then if you plead ingnorance and get in touch with the authorities before they look for you, it should be ok ( remember, even though we are all experts on business law ;D ,"probably" no one here is a business lawer and we could all be totaly wrong :o :o )
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right ok, they might say hello, how are you or something, but wont say, you got a licence, whats the number, how do you dispose of your water, you dont use public drains do you!
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Should have told the taxman last August you had two jobs I think you know that? Just come clean and pay the tax owed, if you do it properly you will have a very small bill anyway after you've taken out your start up costs.
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If you look at his profile (the taxman will) you will see he first logged onto this site in Feb 2008 that over a year ago.
In a post of july 2008 he is saying that he is trading, that was over 9 months ago.
The tax-man will take him to the cleaners when they find him and they do with many who think they have beaten the system.
Don't forget if he goes legal now, for the next 6 years he will have to pray that the taxmans computer does not select him for a tax investigation, because if he was stupid enough to put any of this undisclosed money into his bank account, they will find out.
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I think he should be reported its people like him give us full time tax paying window cleaners a bad name.
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i never had two jobs to begin with, like someone mentioned in an earlier post i set out in august with the intention of goin legit after 3 months which i thought was allowed because i thought by then id be earning enough etc but had quite a lot of setbacks van stolen with setup, house burgled number of times and moving back to parents and a relationship breakup, and it just snowballed from there where i didnt really pay much attention to the business side of things even tho i was doin the odd few jobs id picked up mainly on 8 weekly.
i now feel ready to go legit etc n put 100% effort into actually building the round up as iv done all the nessesary advertising websites leaflets van signwritten.
iv got no qualms about going legit i know it needs to be done and thats why i asked how to go about it as im away on holiday for a week then once i get back i want to go for it 100%
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who the hell dya fink you are rhys i give window cleaners a bad name, iv asked for advice so that i can go legit im not tryin fiddle anyone iv not got a lot of customers at all i want to run a professional window cleaning business and iv gone down as many routes as possible to ensure this, just i havent got round to giving a start date to taxman coz iv not really been running it properly.
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I was hoping rhys just forgot to put a smilie at the end of his statement. if you go to the tax office explain what happened and that with the thefts and stuff it just went out of your mind and you want to sort it they will be ok with you, but if you leave it someone will stick you in it, cause some people are just like that ;)
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also im not a dole cheat etc i dont sign on.
any advice would be appreciated
cheers richy
he is looking for advice, he has already stated he does NOT sign on...maybe he got his dates mixed up, so what!
Benefit of the doubt. 8)
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i can hear people gathering some rope and making a structure out of wood right now ( i am not sure what it is yet, looks like a hanging basket bracket at the mo ;))
just wait till a few get home from work, the pitch forks will be being sharpened aswell
;)
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The problem you are in is the taxman does not care how you run your business, all they want to know is how much money you have earned in the tax year, so you can pay what is owed.
If they where to allow people not to pay their taxes because they are not running their businesses properly, then nobody would pay tax.
If they catch you and it is very possible they will, the judge is not going to be very swayed by your argument for not paying your taxes, he will still send you to prison if you are unlucky.
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i never had two jobs to begin with, like someone mentioned in an earlier post i set out in august with the intention of goin legit after 3 months which i thought was allowed because i thought by then id be earning enough etc but had quite a lot of setbacks van stolen with setup, house burgled number of times and moving back to parents and a relationship breakup, and it just snowballed from there where i didnt really pay much attention to the business side of things even tho i was doin the odd few jobs id picked up mainly on 8 weekly.
i now feel ready to go legit etc n put 100% effort into actually building the round up as iv done all the nessesary advertising websites leaflets van signwritten.
iv got no qualms about going legit i know it needs to be done and thats why i asked how to go about it as im away on holiday for a week then once i get back i want to go for it 100%
All you need to do is inform HMRC within 3 months of starting your business. All the rest about tax etc comes later.
It is up to you if you want to declare any earnings from last august to now. If you've just done the odd job then maybe not, if you've earned quite a bit in that time then it might be worth considering fessing up. IMO regarding the tax man hunting you down via this forum is laughable ;D you are the size of a sperm on a football pitch regarding that. Your intensions are right though & you must go legit from now.
To avoid the conflict from the "whiter than white" brigade, go see an accountant, it won't cost you much & could put your mind at ease. ;)
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To avoid the conflict from the "whiter than white" brigade, go see an accountant, it won't cost you much & could put your mind at ease. ;)
i trust you know that mob are gathering and the wooden structure is allmost complete now, they are deciding on the breaking strength of the rope, health and safety says it must be THREE times the body weight, some1 has gone to get a set of scales, it pays to be a " safe lynch mob" now, they even have a badge
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To avoid the conflict from the "whiter than white" brigade, go see an accountant, it won't cost you much & could put your mind at ease. ;)
i trust you know that mob are gathering and the wooden structure is allmost complete now, they are deciding on the breaking strength of the rope, health and safety says it must be THREE times the body weight, some1 has gone to get a set of scales, it pays to be a " safe lynch mob" now, they even have a badge
And if they come from Scotland they are licenced as well ;D
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get onto an accountant straight away rich, and forget most of the comments that you have read on here, not useful advice at best ???
if you havent run your biz properly then the chances are your profit will have suffered also, so there should be no real need to fear the tax man, just make sure you know your actual start date, they will ask that much i know, get as much info as possible ( leave out the personal circumstances, they aint interested) and word it along the lines that you had teething troubles at the start of your new biz and have had to regroup and implement changes that will bring about a more viable biz (blah blah)
1st thing to do is accountant ( why do i ramble on so much, just get to the point scrimmy >:()
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if you do get in bother just say i like a few drinks and i do lots of drugs for gods sake dont say
im a decent law abiding person then they will hang you.
this is how a lot of self employed start not quiet shure how to go legit myself i was working for myself
on a milk round so lumpt my first year in with that but it cost with accountant.
as i have said before if yours is to busy get another but keep all paperwork
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To avoid the conflict from the "whiter than white" brigade, go see an accountant, it won't cost you much & could put your mind at ease. ;)
i trust you know that mob are gathering and the wooden structure is allmost complete now, they are deciding on the breaking strength of the rope, health and safety says it must be THREE times the body weight, some1 has gone to get a set of scales, it pays to be a " safe lynch mob" now, they even have a badge
And if they come from Scotland they are licenced as well ;D
licensed hangman?...now theres a credit crunch bustin side line 8)
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Yeah, I think the guy's had a rough enough time over the last 6 months as it is, he needs a break, some advice not bombarded with crap from people who think they are bigger/more important than they ever will be. There is a word for them, oh yeah- word deleted
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i understand what everyone is sayin but dont forget we had all that bad weather etc too so i never worked when all you didnt either iv had a hindered beginning to starting out on me own and im still keen to carry on and make a go of things after all my knocks some are right there are too many negative posters on here these days.
cheers scriman and the others who are trying to help me.
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my advice
i dont see the need for a accountant ( yes i have a accountant myself, but thats for my tax return )
just phone your local tax office and say you are starting on as a window cleaner, they will send you a few forms, job done
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matt id second that advice its a good start.
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I think he should be reported its people like him give us full time tax paying window cleaners a bad name.
dont be such a girl, give the bloke a break hes just trying to get himself started, do you remember when you first started
are you saying you declair every penney that you earn to the tax man, i think not!!!
its not like hes selling drugs or breaking into cars, hes tring to make it alone very hard and good luck to him
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I think he should be reported its people like him give us full time tax paying window cleaners a bad name.
;D ;)
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i pay my dues and if he is struggling to get by i'm not really bothered if he pays full whack tax or not.
in light of how the economy is being run and the absolute fleecing of the nation i think that the tax man has bigger fish to fry than chase some shiner trying to make ends meet.
and if someone were to report him i think they are wasted and would be better suited as a policeman or special constable.
imo.
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rhys11 - sorry mate, just scrolled down the page and didn't see the ;)
;D
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If the window cleaning doesn't work. i hear HBoS are looking for someone with your business experiance ;D ;D ;D
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i think hes robert maxwell's son ;D
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where has helens post gone?
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So....You can afford a van,A website,Signwriting, Leaflets and you are now going on a holiday.
But you have not paid tax's ect.
Be very carefull :o
Bob
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Hope that all goes well with the re-launch.
Just bear in mind if your start date is April 09 you wont be able to claim any expenses before this date, so everything you have bought you wont get tax relief on.
Remember to put the filter on when taking advice too. Some like the sound of their own voice.
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Its quite simple really, If you have earned money from self employment you have to declare it and pay tax on it.
It doesnt matter if it is £10 or £10'000, you have to pay tax on it.
My advice would be to go and see an accountant on Monday and tell him everything including that you have told everyone on a public forum you have undeclared income.
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OK I use to do a bit of private detective work during the last recession so I,ve been doing a bit of head scratching and heres my take on this rather bizare admitance.
Richy Wilts...this is your get out of jail card.... your lass has obviousley caught you with your pants down with her mother/sister/brother or german shepherd the whole things gone completley pear shaped, shes kicked you out to spend a night in the van...shes then cracked your password for CIU and started this thread....So basically we need to hear from YOU to confirm something along these lines to clear the matter ..just don,t admit to the dog :-\ :-\ :-\ woof woof.....Povey
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richywilts has quite sensibly been conducting market research and investigating his local market with due diligence before he commits himself, and his tax position for the forseeable future.
He has done nothing wrong.This is called test marketing and big biz does it usually at a loss with no tax consequences at all. A website owner is hardly someone trying to hide from the taxman.
When a turnover is very low, such as might be expected from someone trialing a new business venture prior to a full launch full disclosure is not required. It has cost him more in website and van signage and ladders than he has earned, and he may yet decide not to proceed.
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Its quite simple really, If you have earned money from self employment you have to declare it and pay tax on it.
It doesnt matter if it is £10 or £10'000, you have to pay tax on it.
My advice would be to go and see an accountant on Monday and tell him everything including that you have told everyone on a public forum you have undeclared income.
This is your best advice, you should have registered within 3 months, and as you said have not, even though you wont pay any tax, i.e. low earning and spend it all on van etc, you still need a tax return to show you may have technically made a loss. This isn't a big deal mate, you are not going to get strung up, if your intentions is to declare everything you have earned now, they will be quite happy, also someone said if you say you start now you cant claim tax back on what you have bought before that, but you can is called captal introduced. Also get an accountant because your van will go through as a depriaciating asset as you will then be bringing capital allowances into it, it gets complicated so its not as easy as just getting tax office to send you the forum if you are not sure what you are doing.
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right, i have been and checked
the gallows are ok, the rope is strung
they are ready for you
they have been kind enough to allow you a last meal, enjoy your tea
the lynch mob are ready ;D ;D ;D
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richywilts has quite sensibly been conducting market research and investigating his local market with due diligence before he commits himself, and his tax position for the forseeable future.
He has done nothing wrong.This is called test marketing and big biz does it usually at a loss with no tax consequences at all. A website owner is hardly someone trying to hide from the taxman.
When a turnover is very low, such as might be expected from someone trialing a new business venture prior to a full launch full disclosure is not required. It has cost him more in website and van signage and ladders than he has earned, and he may yet decide not to proceed.
;D i've been researching the market for the last two years now - I haven't earnt a bean - honest!
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test marketing...i like it...
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It very strange that the most of people who have responded are on his side.
Yet if he had said that he was claiming benefits while building his business to make it worthwhile to go legit you all would be up in arms.
If he wants to start a business and is worried about earning a decent living, he should have done the following few things which are legal.
1/ Build up a customers database without doing any work (you knock doors everyday for a month, you then start cleaning them the following month)
2/ You inform the inland revenue that your are now self-employed.
3/ You apply for working/child tax credits.
4/ You apply for Council tax and Rent Benefit.
5/ You work in a paid part time job until you are earning more.
The damage is already done now, he can either confess and hope that the taxman is understanding (they will properly only fine him £100 because he has come clean) or he can forget about the last year and hope that the taxman donot find out about it for the next 6 years.
and the next time a benefit cheat targets your work, be nice to him, because one day he might go legit.
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its a great thread this one most are on his side or have empathy[understand helen]
because we have been there all started beat up cars not knowing the way ahead'
so i have tried to give good advice
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It is up to you if you want to declare any earnings from last august to now. If you've just done the odd job then maybe not, if you've earned quite a bit in that time then it might be worth considering fessing up. IMO regarding the tax man hunting you down via this forum is laughable ;D you are the size of a sperm on a football pitch regarding that. Your intensions are right though & you must go legit from now.
To avoid the conflict from the "whiter than white" brigade, go see an accountant, it won't cost you much & could put your mind at ease. ;)
I think 'macmac' is probably right.
I particularly like the bit about the "whiter than white" brigade :)
"Let him who is without sin, cast the first stone" - and that's not just confined to window cleaning!
Mike
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I have just been reading some of richys prevoius posts.
After reading a few I would not recommend that he comes clean to the taxman, unlike what he has said on this post about him just doing a few jobs here and there, his previous posts say a different story, on one he even left hundreds of ££££ worth of cheques in his jeans which went thought the wash.
He is also a member of the FWC, I thought you had to be legal to join this trade body, maybe they have dropped their conditions on being a member.
He also states that he has many commercial clients, all of whom will have had reciepts from him, with all his details on them.
If everything that he has written on his website and this forum is true, then he has not just been doing the odd job now and then, instead he has been running a very busy and profitable business.
No I would not recommend he comes clean with the taxman, because if he does, they will check on the past year and then he will be able to quote for the inside cleaning of "strangeways".
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I have just been reading some of richys prevoius posts.
After reading a few I would not recommend that he comes clean to the taxman, unlike what he has said on this post about him just doing a few jobs here and there, his previous posts say a different story, on one he even left hundreds of ££££ worth of cheques in his jeans which went thought the wash.
He is also a member of the FWC, I thought you had to be legal to join this trade body, maybe they have dropped their conditions on being a member.
He also states that he has many commercial clients, all of whom will have had reciepts from him, with all his details on them.
If everything that he has written on his website and this forum is true, then he has not just been doing the odd job now and then, instead he has been running a very busy and profitable business.
No I would not recommend he comes clean with the taxman, because if he does, they will check on the past year and then he will be able to quote for the inside cleaning of "strangeways".
i will await richys response to that one 8)
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i will await richys response to that one 8)
And there he was
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Gone
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Never to be heard from again ;D
I've seen some classic postings on here which involve digging holes but this one goes straight to the deep mining section.
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By the looks of it, he has a £5000 plus system, as he is using the reach and wash logo, also had time to attend a BWCA course.
Something doesn't smell right.
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Richy
Read this link and be Afraid be very Afraid
http://www.inlandrevenuetaxadvice.co.uk/
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good tactic to get people to buy insider info from an ex tax investigator.....SCARE THEM HALF TO DEATH 8)
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i will await richys response to that one 8)
And there he was
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Gone
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Never to be heard from again ;D
I've seen some classic postings on here which involve digging holes but this one goes straight to the deep mining section.
lol ;)
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Problem is,
If he as done commerical work as he says he has! then thats all the proof they need :) they will just estimate how long he has doing it from invoices. Or of course watching him ;).
Also if he is cleaning commerical then i guess he might have a business bank account so its going to be very easy to find when he first opened that account or infact cheques going into a personal account will be checked back for years! thats the first account they will look in..
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its a great thread this one most are on his side or have empathy[understand helen]
because we have been there all started beat up cars not knowing the way ahead'
so i have tried to give good advice
oooooooo'er!!!!
Empathy: " being able to put oneself into anothers shoes" "to feel compassion about anothers situation" this i did until I read some back posts as others had...... until after all the "bad" luck experienced was followed up with "going on holiday". Not the best decision to make when apparently had a lot of time off already and need to build the business up.Wrote my post and then thought, no not worth it so deleted it. We've all experienced bad times, we've all had bad luck from time to time.....get over it and move on........that is if that bit was true aswell ::)
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I have just been reading some of richys prevoius posts.
After reading a few I would not recommend that he comes clean to the taxman, unlike what he has said on this post about him just doing a few jobs here and there, his previous posts say a different story, on one he even left hundreds of ££££ worth of cheques in his jeans which went thought the wash.
He is also a member of the FWC, I thought you had to be legal to join this trade body, maybe they have dropped their conditions on being a member.
He also states that he has many commercial clients, all of whom will have had reciepts from him, with all his details on them.
If everything that he has written on his website and this forum is true, then he has not just been doing the odd job now and then, instead he has been running a very busy and profitable business.
No I would not recommend he comes clean with the taxman, because if he does, they will check on the past year and then he will be able to quote for the inside cleaning of "strangeways".
i will await richys response to that one
well heres my response.................i dont have any commercial clients and yes i am a member of the federation as i have took out public liability and joined memberships as i was preparing to go legit etc etc then i went thru the bad times, yes i did have a lot of cheques that wer put thru the wash these were accumulated over a period of time n hadnt been banked. as for everyone wondering where my money has came from does no one consider i may have parents who are finacially secure in there own lives to lend me money or that i may have savings of my own, whiplash claims etc that iv been able to save up and start a business.
some of you on here are trying to make a fool out of me, iv made an honest mistake not realising how serious of a matter i have gotten myself into not realising the taxman may not be so caring iv had a roughtime im not askin for pity i was asking professional advice from fellow window cleaners where to go to go fully legit as i now feel ready to put full effort into as im happy and settled in my life
as for my website im goin to make it sound as professional as i can aren't im not goin to advertise the fact im not quite fully legit yet i do domestics now n then in between gettin burgled and having van stolen etc.i can have a website designed how i want no rule in that i cant put watever content in i want iv just had it done now while i had the funds.and as for the holiday who said id paid for it and what business is it of others.
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Ritchy, why not lock this thread and let it sink away? I think most on here have got the wrong end of the stick (me included at the beginning). Just pull your finger out and phone the taxman and get your ni standing order set up too. Your earnings look to be so low that i doubt you have much to worry about.
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i was asking professional advice from fellow window cleaners where to go to go fully legit as i now feel ready to put full effort into as im happy and settled in my life
richy I do think you have had a rough start and empathise with that, but reading you responses I think you are a victim of your own naïveté’s, I am surprised at how professional your website looks, as it is black in white to your posts.
You don’t go legit when you are happy and settled in your live, you do it because it’s the law, the law that you should make some contribution back into society. You can’t decide, oh I have had a rough time, its not suitable at the moment for me.
This I think is where you are getting allot of negative post my friend, you have a flippant attitude to business, and it doesn't sound any better when you say your parents bailed you out and bought you the nice van etc. and by the sounds of it, sent you away on a nice holiday.
If you really have struggled, you would have a sense of personal achievement, which I don’t hear in the tone of your responses.
As for the cheques I hate to say it, but you haven’t done a very good job of being illegitimate, if you have left a paper trail. Again this shows what I can only politely describe as naive.
I wish you all the best, and hope you get it all sorted, and do very well in business, and are in a position some time in the future to pay back your kind parents who helped you along.
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RICHY this id not a dig, but business is a struggle for most, most of us have to do it from scratch with no financial help.
you have obviuosly been running a business for some time you have potrayed your self has a proffesional company in your website and post, ive even sent you risk ass for commercial quotes.
i believe you need to go ligit now but if you go ligit and say have 100 customers from no were it may become obvious to the tax man??
I also in the 3 and a half years iv been running my business, iv split from my misses been homeless had a child and had to fight for contact ect ect ect the list is has long mhas my arm.
my point being there not good enough reasons and you have been earning money without paying tax gfiving you an advantage on your quoting to fellow window cleaners this is why people are annoyed with the situation.
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We all have sob stories to tell, you are no different to anyone else in that regard, life still goes on and so do taxes.
The taxman will give you no sympathy.
I will give you one last bit of advice then say no more.
Collect all your data from the last 12 months, if you havent recorded it , you can estimate it, get along to an accountant and explain to him.
This will give you a clear start and a clear head, believe me i have seen people end up a nervous wreck with the taxman.
End result.
Small slap on the wrist, maybe £100 late notification fine, accountant bill, but well worth it, and if you have earned very little, then there should be no tax to pay.
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thanks for clearing that up richy, you do seem on the face of it to have a good business which has a professional look on the website etc ( i guess anyone can have a website made up ) and by being a member of the fed etc ( which again anyone can pay their sky high fees every year if they can afford it/want it) and have a nice Ionics setup in your van ( again blah)...but as you have rightly said your intention was there to start the business off on a steady footing and make something of yourself by being your own boss and trying to get out of the shadow of the bank of mum and dad ;)....then life got in the way, correct?......that kind of thing can happen to any one of us, so dont listen to the " i am better than you brigade" they may have their own issues to deal with ( although they wont tell you 8) )
there is light at the end of the tunnel ( a couple of the guys on here are working to switch that light off, here take this torch mate), a sense of humour about yourself will work, take the slagging here in good spirit and try and get out of the situation one step at a time ( hey, maybe i should have been a shrink)
step 1...tax office...monday morn. ;)
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its a great thread this one most are on his side or have empathy[understand helen]
because we have been there all started beat up cars not knowing the way ahead'
so i have tried to give good advice
oooooooo'er!!!!
Empathy: " being able to put oneself into anothers shoes" "to feel compassion about anothers situation" this i did until I read some back posts as others had...... until after all the "bad" luck experienced was followed up with "going on holiday". Not the best decision to make when apparently had a lot of time off already and need to build the business up.Wrote my post and then thought, no not worth it so deleted it. We've all experienced bad times, we've all had bad luck from time to time.....get over it and move on........that is if that bit was true aswell ::)
so some1 who has had a bad run of luck doesnt deserve a holiday ::) ::) the return from his hoilday might be point he is determined his luck will change
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We all have bad runs of luck at times, its called LIFE, get over it.
Richy seems to think that he has only made a mistake by not informing the inland revenue he is running a business and he was unaware that he was breaking the law, but if you read what he has posted on this forum in the past, he knows what the law requires, he even slags off other window cleaners who are not legit, who under price other window cleaners, in fact he brags on the high prices he charges.
He said that he has no commercial clients, if thats the case why did he ask for a copy of an invoice that he could give to one of his customers.
He kepts going on about his past troubles as if its ok for him to defraud the public and us honest tax payers, yet he calls the thiefs who nicked his van as scum.
He slates anyone who is un-professinal in the trade yet he wanted a dodgy reference so he could rent his property.
He even brags about charging £90 to clean a conservatory and even getting a £30 tip which is taxable if he was to pay his taxes.
No I think that Richy knows what he is doing, he thinks that he has been clever, but he has left such a paper and web trail behind him that a blind tax inspector will trip over in time.
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What ever the replies on here mate.....someone WILL report you given half a chance.
Just hope there are no other cleaners on here who live near you. :o
bob
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Hey Richy.
You’ve had a good ‘slagging off’ by those who think that you deserve it – but now is the time for action.
Go and see an accountant on Monday and let him sort it out. He’ll have sorted this kind of thing out dozens of times. There will have been countless numbers of people got into this type of mess over the years.
He’ll know exactly how to sort it out in the best way possible, with the least financial damage for you.
And then, forget about it. Take whatever punishment is dished your way (it might be 'nothing') and MOVE ON.
Mike
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Ive given my advice to Richy
BUT and this isnt aimed at him ( its a issue i have with people who tell us what we should wear and how we should act, who on here look down at others )
isnt it funny how people get sucked into the Image thing, the signwritten van, the web site, the uniform
if you have all the above you must be a success, afterall you have all the box's ticked, oh hang on, you dont have the work, Hmmmmmmm
now in richys case, it wasnt that simple
now on the flip side, the guy in the battered old escort van who arrives wearing jeans and a T-shirt, now he must be a failure, i bet he is not paying tax's etc etc, afterall he doenst fit in with the Professional image
a few on here really do suffer from "ideas of grandeur " and are far too quick to judge
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Yep! "You can't judge a book by the cover"
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ya all doin me head in iv got nothin too hide iv made a mistake iv had good intentions of going legit just january and feb my accountant wat i have used in past had been busy he was goin to talk me thru everything, i.e with me beginning in august etc and why im only just declaring it now march has slipped by and yeah it should have been done im not disputing that.
i asked for some honest advice ya all seem to have got me wrong think what you want to think, i picked up a small number of customers when i started out and not to let them down or lose them i did keep on cleaning them not for the money but to just keep them on books. iv not been out to con people iv always pretty much worked and paid taxes etc before.
yes i have asked for invoices and risk assesments etc they may have been for quotes that i never won and the invoice was for a flat a one off that the guy wanted tp put thru his property letting business.
as for the website signwritten van etc iv just read alot of posts on here etc i tried to follow suit because thats how i percieve a successful business i wantd to get my foundations right and look professional etc as there is no 1 using waterfed pole in my area i wanted to stand out.
maybe its time to look for a new career dont wantto end up like sum of you whter than white brigade
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Richy.
Good post (that last one).
Now chill out and leave it to the accountant.
Go and do something enjoyable to take your mind off it.
Mike
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richy
you have done well o escape the lynch mob, did the rope break ?? ?
;D ;D ;D
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fair enough and thats why im asking to get it sorted now!!!
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another reason for going fully legit is that i will then be running a proper business and it will give me more incentive and motivation to earn more coz its all got to be there in black and white.cheers for positive posts
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william
i take it that is your name its richard wiltshire from the cleanitup forum i feel quite angered by your reaction to my post yesterday and slightly embarrased at how you have tried to belittle me and make me look like some snidey tax dodging scumbag i tried to defend myself a number of time yet you came back and back again insinuating a lot of things. i held my hands up and said due to a number of reasons i had yet to inform inland revenue, the unfortunate events in my life have made it rather difficult these last 6 months and caused a form of depression where iv found it difficult to get out of bed each day let alone run a business and set it up fully yet im still willing to battle on and pick up the pieces i admittedly said i have carried on cleaning the small number of clients that i have around 30 with 99% on 8 weekly to keep them on my books now you do the figures and you may understand iv not earnt a great deal at all hardly worth paying tax on. im just a bit bewildred at the way you reacted towards me could you not see that i was seeking advice that i was making the next step to becoming legit.
i await your resonse
thanks richard
I have received this response from Richard to my email.
Yes my name is William and if you look on my profile or webpage you will find that I do not hide behind a mobile phone number instead all of my details are on display.
You feel that I have belittled you, well I am sorry if you think that, because that was not my intention.
Yes I can understand someone making mistakes after all we are all human, but your efforts in not trading legally are very well planned.
You seem to blame everything around that has gone wrong as an excuse for not trading legally, yet we all have had these and even worst problems to overcome and we comply with the law of the land.
You say that you are depressed and bedridden, yet you can find time to promote your business on this forum almost every day for the last 40 weeks ( I wish I was that depressed).
Even if you have a small turnover and no profits that are taxable, you still have not paid your class 2 national insurance, which is a requirement.
You also say that the amount that you have earned in the last 40 weeks is so small as to make it un-worthwhile to pay tax on, yet after just 1 month of trading you had £700 worth of cheques go thought the washing machine, if earning £700 in your 1st month of trading is small peanuts, I wonder what you ideal turnover would be?
You defend yourself by saying you are not a benefit cheat, but what is the difference between a benefit cheat and a tax dodger? None, they are both criminals.
I have no problem with people making mistakes, but when they complain about the local cleaners’ under-cutting their prices because they are working, while claiming benefits, is a bit rich when they are also fiddling the system
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flip sake get over it.....hes made a boob thats easy fixed.... some people just think that they our above everybody and better....
i would put my house on it that when they started out.... they wernt prefect...
the best way to learn is by making mistakes
yeh go an have a pint
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I paid my taxes from day 1
I started with £250 a month and declared every penny
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ah ahh ahhhh aahhhh bull sh£t..
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got me thinking this one anybody know the most replys to a thread?
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ah ahh ahhhh aahhhh bull sh£t..
Knowing Dave I'll bet he has done what he says.
Unlike some on here who are happy to spend day and night posting on here, whilst running a successful business, yet never fill in profile details.
Too much stuff from too many people on here just don't add up.
Classic: I'm not earning hardly anything but somehow managed to wash (or is that launder?) £700 of cheques. So going by what's been written £700 must be over a weeks takings but carried around in trouser pockets. :o
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the cheques were from first cleans mostly where id charged double or time n half that was from when things were goin fine and id just started out before my van was stolen etc this i was allowed to earn as you have three months before you start declaring so iv got nothing to be ashamed of.
i sent a private email to discuss the matter with you privately and you are that sad that you have had to put it on an open forum for everyone to see.thats very big of you to try and mock me.
for one ive not said im tryin to hide from the taxman il confess all to what iv earnt and explain my situation and should he say that i owe them x amount for the past so many months then il happily oblige and pay what i owe im not dodging anyone that why the post was started to see how i go about GOING LEGIT.
the only reason i only have my mobile on my website at the moment is bacause after being burgled a number of times i have moved back to my parents and wasnt sure if i was to keep the same landline number.
hopefully we'll bump into each other at a show one day and discuss man to man why you have tried to mock me and belittle me ;)
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Craig B
Are you accusing me of something ?
I have always run my business with 100% integrity, I am a firm believer that operating that way gets you places.
Richy,
That sounds like a threat, so i suggest you change your tone.
I am glad you will confront the last 9 months , it will pay off, just get down to an accountant tommorrow and sort everything.
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the cheques were from first cleans mostly where id charged double or time n half that was from when things were goin fine and id just started out before my van was stolen etc this i was allowed to earn as you have three months before you start declaring so iv got nothing to be ashamed of.
Please stop, it's just getting worse and worse. Why did you think you were allowed to earn for 3 months before declaring? Just butt out now, go get it sorted tomorrow....please before you put yourself in it anymore :) oh and while you're putting it right go to HMRC site and read up on starting out in business for yourself. :)
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be really honest dave...and mean really honest..have you never bought something...sarnie cup tea etc out cash you have sitting...
if you say no then fair play....
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richy taxman will owe you...if you get a good accountant
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the cheques were from first cleans mostly where id charged double or time n half that was from when things were goin fine and id just started out before my van was stolen etc this i was allowed to earn as you have three months before you start declaring so iv got nothing to be ashamed of.
Please stop, it's just getting worse and worse. Why did you think you were allowed to earn for 3 months before declaring? Just butt out now, go get it sorted tomorrow....please before you put yourself in it anymore :) oh and while you're putting it right go to HMRC site and read up on starting out in business for yourself. :)
that could be the best advice yet http://www.hmrc.gov.uk/startingup/index.htm :o
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be really honest dave...and mean really honest..have you never bought something...sarnie cup tea etc out cash you have sitting...
if you say no then fair play....
it doesn't matter if you spend the money as long as you have a record of it.
but why would you not declare all earnings ???
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tips........
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tips........
I don't think you should have to declare tips, but they still come under earnings :'( so like it or not they go through
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i just wanted to be 100 ::) sad :P
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My bit of advice is to:
1: Get an accountant
2: Register for income tax first thing Monday morning
3: If you haven't already, open a separate bank account for the business
4: Not sure if you can do it in the UK, but in Ireland I have a direct debit setup paying my tax in advance,.. I'll still have a small bill at the end of the year, but it keeps me square and stops the stress of a big bill at the end of the year.
You're not the first person to be in this situation, and you won't be the last. Your intentions are good, so act on them and get it sorted!
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FAO Helen
i thought this forum was where u came to ask fellow window cleaners advice i just posted to see what response people gave me maybe SAVE ME LOOKING IT UP MYSELF, so have you never posted and asked advice before.it was just on the off chance of someone pointing me in right direction as it is something that been needed to be done for a while which i know, but as the accountants is shut at weekends i thought id would ask as most of you have been there starting out properly.
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FAO Helen
i thought this forum was where u came to ask fellow window cleaners advice i just posted to see what response people gave me maybe SAVE ME LOOKING IT UP MYSELF, so have you never posted and asked advice before.it was just on the off chance of someone pointing me in right direction as it is something that been needed to be done for a while which i know, but as the accountants is shut at weekends i thought id would ask as most of you have been there starting out properly.
In fear that this is going to go on forever and forever..... ::)
Firstly...don't shout at me :)
You have asked for advise 7 months (?) after you should have and you have asked it on the wrong place if you already have an accountant as you say you have. You may not mean it to, but your attitude to it all comes across as you really don't give a monkies wotsit about anything except for your run of bad luck and the whole world owes you something. Sorry you probably don't mean it that way, but that is how it comes across. :)
For fear of not only repeating myself but others too, we have all had it hard and things have gone wrong, but businesswise we have carried on in the correct ways whatever as at the end of the day this is our livelihoods. I have asked for advise on here and have had help, but then I haven't had to ask about the basics of starting up a business as I had the sense to research what I needed to do, well before I quit my last employment. Even in this last post of yours you use "on the off chance", but you knew it needed to be done for a while...so why haven't you got on and done it before? Your accountant may be shut this weekend, but he wasn't during the week last week and the week before that etc etc back until last August. You say you haven't been working to full capacity, then you have had times to do things properly on the non business building side, You have installed a website, had time to spend on this forum and god know how many others, but you just didn't have time to contact HMRC and register your self employment, which started before all your troubles so you can't blame the troubles for that.
I hope you get things sorted for yourself and that the HMRC only fine you the £100 late registration, if indeed you do get a fine. you may not. But late registration is like waving a red rag to a bull.
This thread started on the 27th March I believe, in the time you typed your first post, you could have registered your self employment on line and save yourself and all of us all of this. :)
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This thread is superb entertainment.
Dean
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Dean, so's your haircut mate.
I can't say it's pointless.
;D ;D ;D
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This thread is superb entertainment.
Dean
:P ;D
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Dean, so's your haircut mate.
I can't say it's pointless.
;D ;D ;D
John
My hair is shorter than that now,
Its a natural quiff and theres nothing I can do with it.
Ive changed my avatar now as you can see.
;) ;) ;) ;) ;) ;) ;)
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My Computer tells me who we cleaned and how much we have taken, regardless if i bought a cup of tea. To be honest i dont even count my takings George Tells me and thats what I record.
Its funny that we have gone from me not declaring everything to the odd cup of tea lol.
If i say i am honest then thats your choice to believe me, but ask yourself this, do you honestly think i want to fill my head with fiddles and dodges instead of focusing on increasing my turnover weeek in week.
since i started i have had a minimum of 50% increase in turnover year on year.
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It's really amusing to read this and for people to actually post holier than though posts.
So you've not all taken money and not declared it? I think not.
Give the guy a break and stop slagging him off, he's been through bad times like we all have >:(
There's to many on here that forget where they started from.
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mondays here ;D
I hope he posts, I have a new accountant and they are sorting everything now. Art don’t think everyone is tarnished with the same brush, even if you have, it’s not right to make assumptions about people like that. Everything goes through here.
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Art
You might find it hard to beleive but there are a lot of very honest people out there.
If you find this hard to beleive then thats your problem, but dont go accusing us honest tax payers.
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I tell you what makes me laugh; all these stories in the papers about MPs and their dodgy expenses; look at Jaqui Smith putting in a claim for her husband's pay-per-view viewing; for PORN!
And she's the Home Secretary!
And the second home allowances are a real urine extraction.
But getting back to us window cleaners and our taxes; have non of you ever used your work vehicle for non-work related journeys; yet not made any calculation with regards to your vehicle claims?
I bet you have!
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I tell you what makes me laugh; all these stories in the papers about MPs and their dodgy expenses; look at Jaqui Smith putting in a claim for her husband's pay-per-view viewing; for PORN!
And she's the Home Secretary!
And the second home allowances are a real urine extraction.
But getting back to us window cleaners and our taxes; have non of you ever used your work vehicle for non-work related journeys; yet not made any calculation with regards to your vehicle claims?
I bet you have!
Well I suppose she had to say that is was his viewing really, didn't she?
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Dave i think Arts post could touch a nerve with a lot of people, there are lots of previous threads on how much window cleaners can earn a day (hilarious a lot of them are) but are they all registered for vat? ::) Do they all run to the bank with that £20 Mrs Jones has just given them?...and yes Dave i agree, there are a lot of honest people out there.
I think richy came on with all good intentions asking for help when really he should have gone elsewhere, I think he knows that now and i hope he gets things sorted. I also believe this thread has run its course, mods?
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this thred is better than sky hd
go ligit when you a have enough tornover to support youself
does everybody declair every penney earnt, some have, BVLLpoop!!!!!!!!!!!!!!!!!!!!!!!!!!!
i think the taxman has bigger fish to catch than you
but you must start paying tax sometime
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this thred is better than sky hd
go ligit when you a have enough tornover to support youself
does everybody declair every penney earnt, some have, BVLLpoop!!!!!!!!!!!!!!!!!!!!!!!!!!!
i think the taxman has bigger fish to catch than you
but you must start paying tax sometime
I still don't get it, if you are a legit business, why would you not declare everything ???
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this thred is better than sky hd
go ligit when you a have enough tornover to support youself
does everybody declair every penney earnt, some have, BVLLpoop!!!!!!!!!!!!!!!!!!!!!!!!!!!
i think the taxman has bigger fish to catch than you
but you must start paying tax sometime
I still don't get it, if you are a legit business, why would you not declare everything ???
Neither do I get it either, but then we could just on in ever decreasing circles with this thread. Come on mods enough is enough lock it please :) :)
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not untill we hear what the accountant said :o ::) ;D
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ha ha,
so your saying you declair personal miles and all your cash??
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are you confessing you don't ;D
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no i dont declair everything like 99% of people here, and 99% of business that take cash, big or small.
i earn as much as i can to give my family a good lifestyle
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you are allowed to use you vehicle for some personal use, I dont get 100% of my petrol I put through becuase of personal use, so yes it is accounted for. Also yes every penny goes through, tips the lot. ;D
Its a pour world we live in when some think someone being honest is like seeing pigs fly.
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there is also a bit of a difference between taking a run to the shops and not working it in to your accounts that you've used some petrol, than not paying a thing for a year or letting the HMRC know your earning anying or paying ni either :o
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computer says no ;D
tips, ha ha.
thats the best post so far.....
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no i dont declair everything like 99% of people here, and 99% of business that take cash, big or small.
i earn as much as i can to give my family a good lifestyle
Interesting approach.
I break the law 'cause I think everyone else does.
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Niall,
do you declair all your tips, cash, air miles, nectar points ect and personal milage?? mmmm.....
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all jobs go through george, at end of day. as i have said before i feel you should not have to declare tips as gift, but i do put them through.
don't even use a co-op card.
and have family car for personal business.
i declare all earnings, but i also claim for every penny spent, even if it's just 30p for parking meter or 20p for tyre air.
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Frequently Asked Questions relating to Inland Revenue Investigations
--------------------------------------------------------------------------------
Why have HMRC decided to raise an Income Tax Investigation into my tax affairs?
Despite a common misconception that the income tax investigation is a random enquiry nearly all Inland Revenue investigations are conducted because HMRC believe that there is something wrong with your tax affairs.
The process of selecting a case for an Inland Revenue Investigation is quite intense. HMRC have access to information from a number of sources, including banks, local authorities, newspapers, Yellow pages, local directories and of course the internet.
This sort of information will be gathered and stored. The advent of the computerised self assessment method of taxation launched in 1997 means that HMRC have information on their computer system relating to your business on a year on year basis and they are also (due to the trade classification codes that are allocated in every instance) able to compare not only your businesses year on year results but with those in your local area who operate in the same field of business.
In addition the encouragement of informants over the last few years has given HMRC an additional seam of information.
All of these factors are looked at and if HMRC hold some (supposedly) hard information from an informant and there are unexplained differences between your business and that of your local competitors then the likely hood of a full blown Inland Revenue Investigation increases.
This is not to say that the information that HMRC have is correct or that there assumptions are correct it is just to say that they believe that there is the distinct possibility that the accounts and tax returns are incorrect.
I have been Self Employed for a number of years but did not get round to registering tax. What can I do about this and will I face prosecution.
This is a more common problem that many people believe. There are many people who set out as self employed (especially in times of recession and redundancies) and find it a struggle to keep up with all of the paperwork. They often mean to register for tax and then do not quite get round to it as looking after a new business takes a lot of time and effort. Year two will then pass (with the best intentions of registering to pay tax but never quite getting round to it due to other pressures). The individual then often becomes frightened and believes that if they go to the tax man they will get thrown in jail. They then spend the next few years dreading the brown envelope from the tax man hitting their doorstep.
HMRC recognise that there are many people in what they call the Hidden Economy and have a number of “Hidden Economy Teams” around the country who’s sole aim is to bring people back into the tax system.
Prosecutions for this type of offence are very rare and if a person voluntarily comes forward to HMRC to disclose untaxed income for a number of years HMRC normally will accept a settlement to include tax, interest and a penalty.
A problem for many individuals is that business records have not been maintained for the whole of the period. Although this makes the task of preparing the figures more difficult this is not impossible, especially if your advisor has experience of reconstructing past information and estimates.
The main cost, in most instances, of getting back into the system for tax purposes is a financial one. It can be done and once most people have started the process, as long as they have the right guidance and advice they often feel much happier.
Will I be allowed Time to Pay my tax bill?
The real answer to this is that sometimes HMRC will agree a time to pay arrangement with interest charged on the debt. They need to be satisfied that the individual or business cannot raise the funds from other sources and that there is a realistic chance that they will be able to meet any payments due under any time to pay agreement. This can often take significant amounts of time as HMRC are reluctant to agree time to pay if any other option is available and will want very detailed information about an individuals asset position and income and outgoings.
Will HMRC tell me why I am being subject to an Inland Revenue Investigation?
HMRC are very unlikely to reveal any information as to why they are enquiring into your tax affairs. They will occasionally give hints to specialist advisors and accountants and inferences can be taken from correspondence and meetings (if one is held). However, the official line is that they are not conducting and income tax investigation they are merely checking that your return is correct and most people subject to an Inland Revenue investigation will not be told the reason why that tax investigation commenced.
Do I need to attend meetings with HMRC?
The simple answer to this question is that there is no requirement in law for you to attend a meeting with HMRC. This does not mean that a meeting should not take place as long as you are prepared correctly and it is in the your interests to do so.
Do I need to provide my bank and credit card statements to HMRC?
This depends on various different circumstances. If HMRC have not found and errors in your accounts or tax returns then this can be strongly resisted. If there are errors established then HMRC have a much stronger case for requesting them as part of the Inland Revenue Enquiry.
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just a point on your thread pure hydro.
the tax man has been told by hm gov to give small business time to pay if they are behind
in affairs. but dont bank on it
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just say your a bank and they will give you money, i am trying it at my next tax return ;D
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just say your a bank and they will give you money, i am trying it at my next tax return ;D
I have just gone Limited so I can collect a £6million pension from the taxpayers. ;D
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Pure Hydro
Great post
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there is also a bit of a difference between taking a run to the shops and not working it in to your accounts that you've used some petrol, than not paying a thing for a year or letting the HMRC know your earning anying or paying ni either :o
Listen, I'm an ex-accountant (though not a tax accountant) and from a 'holier than thou' point of view, there is no difference between the two.
My accounts used to be audited once-per-month, with a 'biggy' once a year, and also five 'spot' checks thoughout the year. It was a fraud prevention thing; in case I was fiddling the books and buying luxury cars with the proceeds; so I know a fair bit about audits, auditing, and the process. Tax investigations will have a similar process.
But back to vehicle usage for private purposes.
It's wrong and illegal.
Oh, it's just a trip to the shops, or oh, I had to take my dog to the vet, or I took the van on a three-week-holiday to Italy; though I didn't claim the fuel; but yes, I haven't made any deductions for the road tax, vehicle insurance or capital allowance on the van!
Vehicle usage that you claim for should be for business purposes; and NOT private.
I don't care who you are or what you say, I bet if I looked through your books and bank statements, I could find 'anomolies'; whether you use an accountant or not.
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What made you change jobs tosh?
You know yourself that the tax office wont give you 100% of your petrol receipts, they will always say we give you 95% because there will be some personally use. So if they are taking that off, why is it illegal to use 5% of your petrol for personal use?
If you use your vehicle for personal use then try and get 100% of your petrol, yes that’s wrong, but I don’t do that, I account for some personal use(as advised by an accountant).
Also although both are wrong they are two different side of the scale, and yes you probably would find something in most, but in most cases they don’t realise or its a genuine mistake that has been made instead of being ignorant to the law, i.e. you pay tax on what you earn.
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What made you change jobs tosh?
I'm a Geordie and my maths is rubbish.
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Sounds like you are qualified to run a bank :D
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lol me too, that why I leave it to the accountants, capital allowances? - that the tax offices way of not giving your all your tax back on a 10k car right away and giving it over a number of years?
Should we not get interest for that loan ;D
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I though it might be something to do with your attire ;D
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Art
You might find it hard to beleive but there are a lot of very honest people out there.
If you find this hard to beleive then thats your problem, but dont go accusing us honest tax payers.
Well Dave, if you've never accepted cash for doing a job and not put it through your books then your in a minority.
I never made my previous post to offend anyone, but agree or not, i'd bet that there's very very few on here that haven't or don't put cash straight into there wallet and that includes tips which as far as i know have to be declared.
Arthur
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shhhhh! there watching ;D
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Art
I put all my jobs through George wether they paid cash or not, in fact I actively encourage all my customers to pay bacs or cheque.
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The taxman and the goverment are considering outlawing customers paying cash, instead they want them to pay by cheque or bank transfer.
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that will never happen mate :D
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lol me too, that why I leave it to the accountants, capital allowances? - that the tax offices way of not giving your all your tax back on a 10k car right away and giving it over a number of years?
Should we not get interest for that loan ;D
Capital allowances make sense. If you buy an item with a life expectancy of two-years; you should deduct the payment over two years. I can see the 'method behind the madness' with capital allowances.
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I know, but then you sell it before its life expectancy is up and blashhhivvffficupp.
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that will never happen mate :D
Never say never ::) especiially with the taxman.
When I first started out, my local tax office wanted me to get my customers to sign a reciept book confirming how much they have paid me including tips :o
I told them to get stuffed ;D I have not heard from them since.
Also the tips thing is a real rip-off, I have to declare all my tips yet I cannot claim for the christmas gifts I give my customers, unless it promotinal material like pens and so on.
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Most old people are reluctant to use bank as it is never mind online bank transfers or cheque books. Also cheques might not suit people when they don’t know exactly when it’s coming out.
The government has had plenty of bad ideas in the past, but that would take the biscuit. :)
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The taxman and the goverment are considering outlawing customers paying cash, instead they want them to pay by cheque or bank transfer.
that will never happen because there are far to many businesses out there where cash is the only option.
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The taxman and the goverment are considering outlawing customers paying cash, instead they want them to pay by cheque or bank transfer.
Couldnt happen and would only encourage illegitimate businesses
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Do you know how many businesses would go under from having to use a odq machine!! It takes 2-3 % of what goes through, some businesses like salons, and suntan places etc couldnt manage with that!
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do you know what i wouldnt mind having one of those machines for my business for all them i havnt got any CHANGE people.
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you will all be pleased to know that iv been to my accountant today and we have a meeting on friday morning, was worth goin as my tax rebate was there for £1400 from when i fitted fascias ;D ;D ;D
so hopefully everything can be put in place ready for when i return off holiday for a new start.
cheers for all the positive comments im glad you all stood by me and can see that im trying to get my head round things!!
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Good luck richy ;)
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you will all be pleased to know that iv been to my accountant today and we have a meeting on friday morning, was worth goin as my tax rebate was there for £1400 from when i fitted fascias ;D ;D ;D
so hopefully everything can be put in place ready for when i return off holiday for a new start.
cheers for all the positive comments im glad you all stood by me and can see that im trying to get my head round things!!
Lucky B*****D, wish i got a rebate :(
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you will all be pleased to know that iv been to my accountant today and we have a meeting on friday morning, was worth goin as my tax rebate was there for £1400 from when i fitted fascias ;D ;D ;D
so hopefully everything can be put in place ready for when i return off holiday for a new start.
cheers for all the positive comments im glad you all stood by me and can see that im trying to get my head round things!!
Lucky B*****D, wish i got a rebate :(
Just being inquisitive here. Am I reading this right that the rebate was with the accountant? If so why? All our rebates have come directly to us in one form or another. The rebate suggests that the fascia work was on self employment terms, or it would have come through a p.a.y.e. system, so if that's right, did you register as S/E then Richy, cos if you did and you haven't de-registered since then you should be ok with that part and just need to catch up with your returns from last year.... :)
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only posting to keep it going to 33 pages but good look richy keep the faith
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you will all be pleased to know that iv been to my accountant today and we have a meeting on friday morning, was worth goin as my tax rebate was there for £1400 from when i fitted fascias ;D ;D ;D
so hopefully everything can be put in place ready for when i return off holiday for a new start.
cheers for all the positive comments im glad you all stood by me and can see that im trying to get my head round things!!
Lucky B*****D, wish i got a rebate :(
Just being inquisitive here. Am I reading this right that the rebate was with the accountant? If so why? All our rebates have come directly to us in one form or another. The rebate suggests that the fascia work was on self employment terms, or it would have come through a p.a.y.e. system, so if that's right, did you register as S/E then Richy, cos if you did and you haven't de-registered since then you should be ok with that part and just need to catch up with your returns from last year.... :)
good call
that 1400 rebate must be from S E status
thus you are regsistered with the tax office
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yeah i was on self employed terms when fitting fascias i deregistered about 18months back when we had no work coming in, i thought there was more too it when actually running a business of your own this is one area which is my negative point knowing the law etc and taxes the lads i worked with took me thru setting up my last self employment status etc.
but it will all be getting sorted on friday,cant wait to get going fully and hope this holiday perks me up could to do with nice bit of sun missed a holiday last year with me son being born!!
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not untill we hear what the accountant said :o ::) ;D
lol ;D
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i set out and began last august but had a few setbacks along the way and havent really ran things full time yet i.e not earning a regular weekly wage that i could live off. i was planning on going fully legit paying taxes etc at start of april beginning of tax year, wat things do i have to do to be a fully legitimate business what pointers do you all suggest,im meant to be seeing accountant but hes been busy with all the tax returns etc.
iv got no excuses im all set to go this year got website done, new leaflets and vans getting signwritten next few weeks.so i should begin to pick up regular amounts of work to push me towards becoming a full timer.
also im not a dole cheat etc i dont sign on.
any advice would be appreciated
cheers richy
:-X
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Gold if window cleaning stops working out youd be a good private detective ;)
Well spotted tho , does say it all realy
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if u earn less then 9 grand a year u wont get tax and if u do u will only get taxed on what u earn over this.
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if u earn less then 9 grand a year u wont get tax and if u do u will only get taxed on what u earn over this.
What time does Tokyo open, James?
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i don't understand just ring them up and say u started a business a couple of months ago and i would like to go on the books u build a website your self u have borrowed money of family to get u stared and u have been doing flyers for the last 3 months constant and u say u have build up quite a round very quick from all the flyers u have done u wont get looked into unless u have a s**t load off money in the bank the only way you will get found out is if u talk about it on a forum. ::)roll make it out to look like a new business and then hope for the best. ever lie or tell the truth its as black and white as that there are risks what ever way u go.
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What time does Tokyo open, James?
;D
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Ricky'll be on £2 a week inside. His telly will cost him half that ;D
I wonder what regret feels like from the inside
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The saga of Richy Wilts continues.
How does this one bloke seem to provoke such a reaction on here?
Maybe it should all be made into a film or as is trendy, how about a musical?
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i don't understand just ring them up and say u started a business a couple of months ago and i would like to go on the books u build a website your self u have borrowed money of family to get u stared and u have been doing flyers for the last 3 months constant and u say u have build up quite a round very quick from all the flyers u have done u wont get looked into unless u have a s**t load off money in the bank the only way you will get found out is if u talk about it on a forum. ::)roll make it out to look like a new business and then hope for the best. ever lie or tell the truth its as black and white as that there are risks what ever way u go.
Be sure to tell him all this when he's got out of the nick mate. ::)roll ::)roll
Look at the date of the thread!!! ;)
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The saga of Richy Wilts continues.
How does this one bloke seem to provoke such a reaction on here?
Maybe it should all be made into a film or as is trendy, how about a musical?
I understand Mr Burbidge is on it as we speak. All parts being played are done so on a cameo basis, the problem is who is there willing to take on the part of the starring role, no-one apparently is willing to put their name on the line. People are too career orientated these days and are afraid this one role ail ruin them for life ;D Not even Geoffrey Lord was willing.
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james AJF you have just made my friday!
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james AJF you have just made my friday!
Lol, maby hes been on holiday :)
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james AJF you have just made my friday!
LOL!
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http://www.dailymail.co.uk/news/article-2333901/Parlez-vous-Franglais-Preparez-vous-pour-advert-break-totallement-Francais-Channel-Four-plans-UK-commercials-Channel.html
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Is it 'legit' or 'leg it'?