[Dougaldum]

Get this If you buy a window cleaning round you can not put it against your tax and you only claim £10 a month for your Business room if you spend one hour a day in it you could used to claim £300 not any more tax is squeezing self-employed to get as much as They can 

[Smudger]

That's why you buy some equipment with the round 

Darran

[LWC]

Thats why you dont buy work 

[Tom White]

It's like you can't buy goodwill if you own a restaurant.  You sell the premises and the name, but you can't sell the goodwill of your regular customers who eat at the restaurant. 

I'm guessing that's the principle behind it.

[Clever Forum Name]

What about canvassing service ?

[Dougaldum]

Thats why you dont buy work 

i haven't bought any work and wouldn't but I have seen rounds go for 5 to 10 times it's worth just a lt money that you can't claim for expenses

[Dougaldum]

It's like you can't buy goodwill if you own a restaurant.  You sell the premises and the name, but you can't sell the goodwill of your regular customers who eat at the restaurant. 

I'm guessing that's the principle behind it.

yes you are right that's whAt the tax man says put it down to Goodwell

[PoleKing]

Get this If you buy a window cleaning round you can not put it against your tax and you only claim £10 a month for your Business room if you spend one hour a day in it you could used to claim £300 not any more tax is squeezing self-employed to get as much as They can 

Last year i was self employed. I got £520 for use of home as office.
Seems to be a price to me.

[duncan h]

Good job we all declare the cash payers 

[Dougaldum]

Get this If you buy a window cleaning round you can not put it against your tax and you only claim £10 a month for your Business room if you spend one hour a day in it you could used to claim £300 not any more tax is squeezing self-employed to get as much as They can 

Last year i was self employed. I got £520 for use of home as office.
Seems to be a price to me.

not any  more it's been reduced to £10 a month if you do 25 hours or more

[keyser soze]

does that mean if you are the seller of a round ,you don't pay tax on monies received from the sale of that round?

[Dougaldum]

does that mean if you are the seller of a round ,you don't pay tax on monies received from the sale of that round?

that's a good question I don't know but does sound good

[PoleKing]

does that mean if you are the seller of a round ,you don't pay tax on monies received from the sale of that round?

No. You have to pay tax on money in.

As been posted, its better to buy something tangible and the goodwill is 'thrown in' for tax reasons.

[PoleKing]

Get this If you buy a window cleaning round you can not put it against your tax and you only claim £10 a month for your Business room if you spend one hour a day in it you could used to claim £300 not any more tax is squeezing self-employed to get as much as They can 

Last year i was self employed. I got £520 for use of home as office.
Seems to be a price to me.

not any  more it's been reduced to £10 a month if you do 25 hours or more

Really?
Have you got a link please?
Seems different here:
http://www.companybug.com/home-office-expenses-sole-traders/


That, read along with other articles, says you can do the £4 a week or in full. As per the link.

[Dougaldum]

Get this If you buy a window cleaning round you can not put it against your tax and you only claim £10 a month for your Business room if you spend one hour a day in it you could used to claim £300 not any more tax is squeezing self-employed to get as much as They can 

Last year i was self employed. I got £520 for use of home as office.
Seems to be a price to me.

not any  more it's been reduced to £10 a month if you do 25 hours or more

Really?
Have you got a link please?
Seems different here:
http://www.companybug.com/home-office-expenses-sole-traders/


That, read along with other articles, says you can do the £4 a week or in full. As per the link.

I was informed by my accountant Who works from home and she's not happy about it because she can only claim As little as I've said

[Clever Forum Name]

Anybody know on hiring a canvasser ?

[ChumBucket]

That's why you buy some equipment with the round 

Darran

All purchases have to be commercially justifiable. So buying well overpriced second hand equipment wont cut it either!!

[PoleKing]

Get this If you buy a window cleaning round you can not put it against your tax and you only claim £10 a month for your Business room if you spend one hour a day in it you could used to claim £300 not any more tax is squeezing self-employed to get as much as They can 

Last year i was self employed. I got £520 for use of home as office.
Seems to be a price to me.

not any  more it's been reduced to £10 a month if you do 25 hours or more

Really?
Have you got a link please?
Seems different here:
http://www.companybug.com/home-office-expenses-sole-traders/


That, read along with other articles, says you can do the £4 a week or in full. As per the link.

I was informed by my accountant Who works from home and she's not happy about it because she can only claim As little as I've said

Fair enough.

[CleanClear]

Get this If you buy a window cleaning round you can not put it against your tax

There must be a dead simple way around this. Something simple like if you pay x3 for 1k of work then do not declare the income (3k) as you are not recieving it, you are passing it on . Get someone else to collect the money for you for the first three months , you might call him a co worker, i'd call him an intermediary!! You'll also have incurred a cost to clean this work and pass the money on................

[Ashley Brothwood]

everything for hmrc has to be fair and reasonable. If you can prove you've spent a portion of money for business purposes you can claim it. Such as having an electric heater running through the winter for the van, if you can work out how much electric it uses and the costs you'll be able to include that.

If your accountant says it's now £10 a month that'll be for a standard no questions asked expence. If you went to the trouble of working out how much the business costs you personally through household bills eg electric charging leisure batteries every day or the portion of the house / garage used to store business equipment you'll be able to apportion costs. As long as you can prove, if you had an inspection, you we're fair and didn't over charge you'll be fine