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Poll

Are you whiter than white, or a bit of a 'chef' with the books?

Very honest and declare every penny of my turnover.
54.8%
46 (54.8%)
Fairly honest, but will declare a little less than I earn.
17.9%
15 (17.9%)
A bit dodgy and declare a fair bit less than what I earn.
11.9%
10 (11.9%)
Very dodgy and declare under 15K because the tax return is simpler to do and I pay less tax.
15.5%
13 (15.5%)

Total Members Voted: 76

matt

Re: How honest are you with your tax return?
« Reply #40 on: November 23, 2006, 07:09:02 pm »
 

  Only earned £10k last year and £6k was netted off by claiming for mileage.

  For every £1k you earn you loose out £370 off your tax credits, £220 you pay
  to the tax man and the NI so in the ned you only end up with £410 in your
  pocket.   ??? ???

  Why break your back to pay the tax man, make life simple and enjoy it.
 

  Doug

 

   

thats interesting, makes you think why do people bother

matt

Re: How honest are you with your tax return?
« Reply #41 on: November 23, 2006, 07:10:27 pm »
We had this debate last year and the year previous.

You will always get people who aim to earn little money and rely on Family Tax Credits to see them by.

If that type of workshy scrounger can sleep at night, there is little the hard working, honest few can do about it.

these same people just maybe happy earning a few quid and spending lots of time with the family etc etc (esp if its a young family (before school))

who are we to judge them ?? ?? ?

sunshine windows

  • Posts: 2361
Re: How honest are you with your tax return?
« Reply #42 on: November 23, 2006, 09:34:56 pm »
Legitimate taxpayers that's who  >:(
To climb mount fuji you must first find a path
(Swindon, Wiltshire)

www.sunshinewindowcleaning.co.uk
www.sunshinesoftwashing.co.uk

tatman

  • Posts: 354
Re: How honest are you with your tax return?
« Reply #43 on: November 23, 2006, 09:40:44 pm »
everyones different earn what you want i dont need £800 pounds a week to live on.  ;D theres  people on here obsessed with money. Whos gonna be the richest man in the graveyard? These types to be honest get on my tits :-* We all get taxed to f### on everything we buy in this country. the more you earn the more TAX. be happy earning a fair days money window cleaning is a good wage earn what you want but dont get OBSSESSED it kills!

Wozza

  • Posts: 84
Re: How honest are you with your tax return?
« Reply #44 on: November 23, 2006, 09:53:47 pm »
honesty is the best way and I declare all I earn including tips

matt

Re: How honest are you with your tax return?
« Reply #45 on: November 23, 2006, 11:05:48 pm »


You will always get people who aim to earn little money and rely on Family Tax Credits to see them by.



Legitimate taxpayers that's who  >:(

the person who chooses to not earn that much and enjoy time with family etc etc

still pay tax's ?? ? ?? ?? ??  you earn more money, you pay more tax, its fairly simple

DASERVICES

Re: How honest are you with your tax return?
« Reply #46 on: November 23, 2006, 11:18:20 pm »

  After 20 yrs working long hours in an office, never seeing the kids or wife
  think I'm entitled to a better life for the family's sake. So to go and work
  long hours again think I will have no family left.

  Yes I would like to pay tax but prices up Scotland are low, I work 3 days
   a week due to weather and claim for everything. Am I wrong NO, am I happy
   YES.

   This system is ending so why get caught up in trying to get rich, thats why
   I see so many happy window cleaners and thought hey I would like a slice
   of that. Best move I've made.

   Cheers

   Doug

Ian_Giles

  • Posts: 2997
Re: How honest are you with your tax return?
« Reply #47 on: November 24, 2006, 06:07:41 am »
May seem a rather daft thing to say, but earning or turning over big money means you have to put a fair whack away each week to cover your eventual tax bill.

If you are earning 15k or less your tax bill is only going to be a couple of hundred quid, but if you are up over 30k (not an excessive amount to turn over) then your tax bill is going to be a couple of grand or more.

Many of us, regardless of what we earn tend to spend it as it comes in and never seem to have an awful lot in the bank at any one time.
You don't know where it goes :o
Whether 15k or 30k you still have only a couple of hundred in the bank :-\

At 15k you can soon find the tax bill, but if your bill £3,000 or more and you haven't put any away to cover it, you're gonna sweat :'(

Ok, I'm stating the obvious I know...but how many put money aside every week to cover their tax bill??

Ooh...I feel a new topic coming on ;)

Ian
Ian. ISM CLEANING SERVICES

Paul Coleman

Re: How honest are you with your tax return?
« Reply #48 on: November 24, 2006, 08:35:24 am »

  After 20 yrs working long hours in an office, never seeing the kids or wife
  think I'm entitled to a better life for the family's sake. So to go and work
  long hours again think I will have no family left.

  Yes I would like to pay tax but prices up Scotland are low, I work 3 days
   a week due to weather and claim for everything. Am I wrong NO, am I happy
   YES.

   This system is ending so why get caught up in trying to get rich, thats why
   I see so many happy window cleaners and thought hey I would like a slice
   of that. Best move I've made.

   Cheers

   Doug

Totally agree that happiness is the first priority Doug.  No-one ever laid on their deathbed wishing they had done more overtime.  So I agree with you but for totally different reasons to the one stated.  I wish people wouldn't use this forum to - well I won't say it but I'm sure you know where I'm coming from.  It can be a touchy subject for some of us.

Best wishes.

matt

Re: How honest are you with your tax return?
« Reply #49 on: November 24, 2006, 09:47:22 am »

  After 20 yrs working long hours in an office, never seeing the kids or wife
  think I'm entitled to a better life for the family's sake. So to go and work
  long hours again think I will have no family left.

  Yes I would like to pay tax but prices up Scotland are low, I work 3 days
   a week due to weather and claim for everything. Am I wrong NO, am I happy
   YES.

   This system is ending so why get caught up in trying to get rich, thats why
   I see so many happy window cleaners and thought hey I would like a slice
   of that. Best move I've made.

   Cheers

   Doug

good on your doug

im a little differerent, i work 3 days a week aswell BUT

my daughter is still pre-school and when she was born, my wife cut down her hours to work part-time, i packed in my carpentry job and started WC'ing

so we both work 3 days a week and we both spend loads of time with our daughter :) it works VERY well, i see other dads and chat to them, and 90% would love to do what i do, 4 days a week with my daughter, it doenst get much better

of course she will start school next year, so i MIGHT work 4 days a week, i really dont think i will ever go to 5 days though

to be called "workshy" is way off the mark, i just choose my values in life, and i wil be honest, i dont need to earn 400 quid a week, oh it would be nice to look at the bank account and think "wow, loads of money in the bank" but i dont see the point

Im 100% honest with my tax return, last year i paid 1500 in tax

Moderator David@stives

  • Posts: 8829
Re: How honest are you with your tax return?
« Reply #50 on: November 24, 2006, 10:53:52 am »
£1500 I wish , I paid over £5000 last year and reckon It will be about double that next year

matt

Re: How honest are you with your tax return?
« Reply #51 on: November 24, 2006, 11:10:32 am »
£1500 I wish , I paid over £5000 last year and reckon It will be about double that next year

yes dave, but you earn alot more than me

so the more you earn, the more you pay, its a fair system ;)


neil100

  • Posts: 1137
Re: How honest are you with your tax return?
« Reply #52 on: November 24, 2006, 11:31:12 am »
Just been reading the posts, Why is it some w/c knock those who are earning a good whack at cleaning windows?

I have posted before how much I earn a week, Then someone takes it the wrong way and says I am obssesed with MONEY.

I am not, But I do realize that no one is going to come along and shove cash in my pocket and say go on son spend it on what you want, when its run out just come back for more.

I have put down what I have earned before only for one reason only and that is to show anyone window cleaning can earn a top class wage. When I started my Dad went Crazy, my mum was upset my freinds thought I had lost it. Why? Because w/cleaning is Perceived as a Low earning mindless job.

My freinds thought I would be poverty stricken whilst I was a W/C. I have proved them all wrong and many look at w/c as a fantastic job.

If I was Obssesed with money I would work 6 days a week, pileing the cash in. I dont, I never work on the weekend, I never work pass 5pm. From my children being born we have allways sat round the table in the evening to have our dinner.

In summer I am often finnished in three days. Fom next year I will be working a maximim of 10 months and having 2 months off in the winter. Granted I have worked hard all my life, But thats because I am a grafter, I used to be a baker and had to do 60hrs a week for peanuts,not out of choice its what the job demanded.

With w/c you can earn a good living. Some people w/c but dont want to work so they clean for 2 days, earn a good wage and put there feet up and point at someone like myself as a money grabber because I earn more then I need.

I had a very poor upbringing, Had to walk every where because my mum could not afford a Bus. I had to walk to school 4 miles a day till I was 15 yrs old in shorts as my mum could not afford to clothe me in long pants, My legs where often blue in colour when I arrived at school in the morning when the temp was below freezing.

So I have grafted so my family will never go short, they never have. I have planned for my future by putting money away and investing it as I dont want to work outside till I am 65 yrs old. Does that make me obbssesed with money?

Not in my book, Those kind of people are never content with what they earn as they allways want to earn more. What they earn is never enough. I have built up my round from scratch against the odds, I earn a good living and I am very content with my life.

So please dont condem someone as a money grabber if they are earning a great wage. Your so wide of the mark its untrue. I know others on here also earn a great wage, thats because they have a good buisness head on them and they wont want to work till they are in their grave.

You can get someone who earns very little each week, but they are more obssesed with money then those that have it.

Nel.

Moderator David@stives

  • Posts: 8829
Re: How honest are you with your tax return?
« Reply #53 on: November 24, 2006, 12:44:13 pm »
I am a money grabber and proud of it , I work an average of 25 hours a week, I now just employ my wife so we have 50 hours window cleaning money coming in, which gives us a very good life style, I can go for a meal when i want , i can buy my kids what they want , if something breaks i can replace it straight away.

Like Nel , My maths teacher went ballistic at me and made me cry at 15 years of age when i told him i was going to get a job window cleaning for £10 a day cash in hand plus my dole money, yes that was a genuine job offer off a window cleaner who i helped to collect his money on thursday evenings when i was a kid, I was very bright as a kid and was one of the best at maths in the school , not very good at English , but had a very good brain all round, he went on to say i would be throwing everything away and i would not have a future.

Anyway I did not take his job offer up mainly due to the maths teacher and not wanting to be up a ladder , the thought scared me slightly, I went through every dead end job going until i finally became a window cleaner at the age of 31.

I feel like going back to that maths teacher and saying look at me now, I now earn more money than you.

I intend to earn even more next year , I will be setting another goal for another £20'000 increase in work on my books , this will be achieved mainly by increasing the amount of cream i have on my round and not neccesseraly by working harder.

I used to worry about losing my tax credits , now that makes me laugh so much thinking about it , what a loser i was, One day i just thought sod this for a lark , lets start making some real money and do you know what it worked.

My turnover has quadrupled since i first had that thought, in fact i feel quite smug and proud of what i have achieved.

In fact i am a bit like Nel and echo everything he has said above, thank god we werent born 100 years ago and dont have to work 60 hours a week down a mine shaft.

Dave

www.mrgutters.co.uk

  • Posts: 871
Re: How honest are you with your tax return?
« Reply #54 on: November 24, 2006, 01:18:08 pm »
hi all


i think the best thing to do is earn what works for you , i dont want to earn loads as i am not good at saving so i woul never have the money for tax.

i did 13k last year not that much compared to alot of the big boys here .. but it worked for me.

this year i will be heading for 25-27k but the problem is paying the tax on that.

i am planning on only working 3 days from next year and my wife is going to go part time also 3 days a week.

the thing is i keep my outgoings low  ie we have reasonable rent we pay £600 for our 1 bed flat which is good for where we live and then we dont have any debt. so all our money is ours.

so i think fair enough to those who earn loads of money but along with that come huge bills not only tax but also leased vans and sytems staff offices etc all these cost money that i would rather keep.

each to there own spend your time with your family thats my motto!

shawn
If a job's worth doing, it's worth doing well.

D woods

Re: How honest are you with your tax return?
« Reply #55 on: November 24, 2006, 01:27:12 pm »
Dave/Nel
Great post's really interesting reading.

Re: How honest are you with your tax return?
« Reply #56 on: November 24, 2006, 02:10:08 pm »
Given the choice, I'd rather be well-off than skint all the time and if anyone knocks hard-working astute window cleaners, then I think that's jealousy.

I wish I had more money-grabbing get-up-and-go inside me, but sometimes; like the past two weeks; I've been pure lazy.

Maybe it's the weather, maybe it's the time of year, maybe it's because we've had a death in the family; or maybe it's because we're getting a big inheritance; but someone needs to give me a kick up the arse and make me work harder.

I sometimes wish I had a big-bullying boss that frightened me into working harder!

Help!


matt

Re: How honest are you with your tax return?
« Reply #57 on: November 24, 2006, 02:21:57 pm »
if people think i am "having a go" at people who earn loads

then thats simply not true, i dont care if you earn 10 X what i earn and live in a castle

BUT

on the flip side, why do people think just because people are happy to earn X amount and work 3 days a week that they are workshy dole / family tax credit scrongers, and thats what a lot of posts look like, if you dont strive to earn 40 K a year and then employ people your seen as a "waster" and giving you lot a bad name

persoanlly, i live fairly well, 2 holidays booked next year (1 of them is a rather expensive holiday, some think holiday of a lifetime, though i dont, as its my 3rd time ), but i dont aim to earn any more that what i earn now




JM123

  • Posts: 2095
Re: How honest are you with your tax return?
« Reply #58 on: November 24, 2006, 02:38:25 pm »
I made £4.95 last year (after tax), I then claimed back £8500 on fuel tax and tinned soup allowance.


What??  Don't tut at me like that!
Live life in the fast lane.......if you break down you'll freewheel further

Ballymena N.I

Sir Squeaky

  • Posts: 8341
Re: How honest are you with your tax return?
« Reply #59 on: November 24, 2006, 03:29:52 pm »
I sometimes wish I had a big-bullying boss that frightened me into working harder!
No you don't!
I worked for Ian for nearly 5 years... :o

 ;D