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LWC

  • Posts: 6824
Re: another tax question > PROFIT vs TAKINGS
« Reply #20 on: January 08, 2011, 08:35:24 am »
Guys he said "lets say £6000" Hes not gonna put his actual figure on here is he

windiewasher

  • Posts: 4393
Re: another tax question > PROFIT vs TAKINGS
« Reply #21 on: January 08, 2011, 09:09:53 am »
Owes hundred pound tax for 9 months work
Does 70 houses a day over 500 custys 2 months ago
Every week he canvasses a few hundred pounds a week
Guys he said "lets say £6000" Hes not gonna put his actual figure on here is he
Takings off all first cleans till march 7th 2014
October  total=  cleaned  extra per month
November = cleaned extra per month
Total £  so far.

LWC

  • Posts: 6824
Re: another tax question > PROFIT vs TAKINGS
« Reply #22 on: January 08, 2011, 09:12:25 am »
Take it back lol

Smudger

  • Posts: 13459
Re: another tax question > PROFIT vs TAKINGS
« Reply #23 on: January 08, 2011, 09:30:18 am »
do you mean this  ???

i've never canvassed in the rain, so cant say if you get same response...

i have only canvassed when weather is fair, now approaching 500 customers after just over a year in the trade  ;)
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

windiewasher

  • Posts: 4393
Re: another tax question > PROFIT vs TAKINGS
« Reply #24 on: January 08, 2011, 09:36:41 am »
Yes that's the one.7 nightclubs and a hotel a few weeks back.
do you mean this  ???

i've never canvassed in the rain, so cant say if you get same response...

i have only canvassed when weather is fair, now approaching 500 customers after just over a year in the trade  ;)
Takings off all first cleans till march 7th 2014
October  total=  cleaned  extra per month
November = cleaned extra per month
Total £  so far.

Frankybadboy

  • Posts: 9026
Re: another tax question > PROFIT vs TAKINGS
« Reply #25 on: January 08, 2011, 11:59:58 am »
i smell a rat here ;D ;D ;D :P

Alex Allen

Re: another tax question > PROFIT vs TAKINGS
« Reply #26 on: January 08, 2011, 03:41:52 pm »
Ryan, you are best asking an accountant things like this. Advise from a forum can often be out of date or just plain wrong.



I agree you need an accountant, especially when you start
you have all your start up cost as well as running cost

It sounds like he is in a complet mess, with that sort of question he posted
with the amount of customers
pricing of the work and having to take on staff at this stage
i;m not surprised your not making any money

my advice would be to start again with an accountant
drop all work that dosent make any money
get rid of staff (big cost) good luck



windiewasher

  • Posts: 4393
Re: another tax question > PROFIT vs TAKINGS
« Reply #27 on: January 10, 2011, 10:30:04 pm »
Takings off all first cleans till march 7th 2014
October  total=  cleaned  extra per month
November = cleaned extra per month
Total £  so far.

window11

  • Posts: 113
Re: another tax question > PROFIT vs TAKINGS
« Reply #28 on: January 10, 2011, 10:36:41 pm »
heres me thinking you had 800 customers and took £500 a day,yet you got a rebate last year and this year so far only £100 for tax,i can see the tax man paying you a visit  ;D


I agree doc

dave0123

  • Posts: 3553
Re: another tax question > PROFIT vs TAKINGS
« Reply #29 on: January 11, 2011, 12:03:06 am »
Your turnover is the amount you have done in the year weather they have paid or not! you then will have to show debts written off and carnt remember the word but it goes into a certain colum for money owed. The "accounts" are done on amount charged not cash flow
Dave.

windiewasher

  • Posts: 4393
Re: another tax question > PROFIT vs TAKINGS
« Reply #30 on: January 11, 2011, 11:30:39 pm »
did ryan sort it?
Your turnover is the amount you have done in the year weather they have paid or not! you then will have to show debts written off and carnt remember the word but it goes into a certain colum for money owed. The "accounts" are done on amount charged not cash flow
Takings off all first cleans till march 7th 2014
October  total=  cleaned  extra per month
November = cleaned extra per month
Total £  so far.

mikecam

Re: another tax question > PROFIT vs TAKINGS
« Reply #31 on: January 11, 2011, 11:48:24 pm »
i smell a rat here ;D ;D ;D :P

Hang on, which thread are we in? Is this the...... my takings where the same as my profit or is this the ........is it worth going VAT registered thread?

windiewasher

  • Posts: 4393
Re: another tax question > PROFIT vs TAKINGS
« Reply #32 on: January 12, 2011, 04:33:41 pm »
 ;D
i smell a rat here ;D ;D ;D :P

Hang on, which thread are we in? Is this the...... my takings where the same as my profit or is this the ........is it worth going VAT registered thread?
Takings off all first cleans till march 7th 2014
October  total=  cleaned  extra per month
November = cleaned extra per month
Total £  so far.