SWP's back
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- 29 Jun 2009
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You shouldn’t drink on an empty head fella.
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Gig Economy/Side hussle Tax crackdown
- Thread starter johnmc
- Start date
Oh, that clears it up then.Because it seemed a pointless post by Eccles (who I love to bits). Bankers bonuses aren’t a reason why anyone is feeling the pinch and bemoaning them whilst feeling the pinch but spending a great deal of money on watching some of the highest paid athletes on the planet seems rather odd.
Good grief
SWP's back
Well-Known Member
- Joined
- 29 Jun 2009
- Messages
- 88,254
Glad you decided to get involved.Oh, that clears it up then.
Good grief
Then again you’re shocked when a business owners pays for their own accountants so it’s fair to say that cogent thought isn’t your strong suit.
Thanks for the advice.You shouldn’t drink on an empty head fella.
You almost amused me there.
Just to be clear, he was paying his accountant every year, as per usual.Hang on, what.
If he employed accountants on his own behalf then who was expected to pay for them other than him?
If he’s turning over £100k per year then surely it makes sense to spend 1% of that per year on an accountant to do your books once a year no?
Hmrc came knocking, for no apparent reason other than a random check.
The work that his accountant had to do to satisfy hmrc cost my friend 10k in extra work.
You've obviously never been investigated by hmrc.
I've no problem paying tax, I've been self employed and I know the score.
Your condescending attitude helps no one in a general discussion.
"Sugar tits"
really?
Not all of us enjoy a lifestyle like yours, some of us have to buy and sell to make a few quid.
It's not drugs, or cars, it's a pair of trainers or a shirt.
If you think that should be taxed, then I'm afraid you're so far out of touch (or out of the country) then I can't help you.
johnmc
Well-Known Member
Hang on a minute here. Check your mathsHang on, what.
If he employed accountants on his own behalf then who was expected to pay for them other than him?
If he’s turning over £100k per year then surely it makes sense to spend 1% of that per year on an accountant to do your books once a year no?
He is correct, ish.Hang on a minute here. Check your maths
johnmc
Well-Known Member
Eh? 1% of £100k is £1k unless I’m missing somethingHe is correct, ish.
Not sure what you're doubting mate?Eh? 1% of £100k is £1k unless I’m missing something
An accountant will charge a grand or so to do your books per year.
Turnover is pretty irrelevant, unless of course your company is earning millions, when it gets more complicated.
Depends on the company, and how many you employ.
Wages, etc, generate more paperwork
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