Self employed payment

[FreeD]

View attachment 49126

Nice mate it's amazing the government support...lets hope that people keep spending and we recover quickly. What are you going to do with the money invest? or will it be for bills?

 

[Pl plastering]

I literally have no idea what your point is. You're acting like you've caught me out. Yes I'd charge £170 and be home by 11. I'm not disagreeing with that, and I'd charge it again and again. So what is your point?

My point is.....your a cock
And stop charging shite rates ya numpty

 

[Rossi46]

Nice mate it's amazing the government support...lets hope that people keep spending and we recover quickly. What are you going to do with the money invest? or will it be for bills?

It’s not for free FreeD. It’ll be getting paid back in one way or another. You might be up now but the government give with one hand and take with the other.

 

[John j]

It’s not for free FreeD. It’ll be getting paid back in one way or another. You might be up now but the government give with one hand and take with the other.

That's why everyone should claim this grant . Unless they said dont claim it and your tax rate will stay as it is

 

[Deleted member 46546]

My point is.....your a cock
And stop charging shite rates ya numpty

Ok so you had no point. Cheers for clarifying

 

[Colin 879]

Nice mate it's amazing the government support...lets hope that people keep spending and we recover quickly. What are you going to do with the money invest? or will it be for bills?

stick it in the pot I guess for the loft conversion the wife wants.
Been sat indoors for last 8 weeks so haven’t had any income. Not gonna spunk it away.

*loads up skybet*

 

[johniosaif]

They have not announced it yet,we were a couple of weeks behind furlough. I would guess probable.

I’d say not a hope

 

[johniosaif]

Just done mine £3470 thank you 6 days return

£6214 but they want £6500 back on vat

 

[Pl plastering]

I’d say not a hope

And so there shouldn't,there have said get back to work.

 

[Pl plastering]

stick it in the pot I guess for the loft conversion the wife wants.
Been sat indoors for last 8 weeks so haven’t had any income. Not gonna spunk it away.

*loads up skybet*

Like how people are thinking it's a bonus payment,do there not realise there havnt worked last 2 month so it's just a wage bk your getting.

 

[Colin 879]

Like how people are thinking it's a bonus payment,do there not realise there havnt worked last 2 month so it's just a wage bk your getting.

and be taxed on it on next years tax return, it’s helpful but not a bonus or free, would of earned much more then that if grafted last 2 months , seems like a bonus to people Cos you’ve been sat indoors and not really had anywhere to spend money (pubs/restaurants/football etc)
But it’s not a bonus, we all of would much rather had grafted and earned then these grants, but hey ho.

German football back tomorrow french racing been back all week , the bookies are pleased.

 

[Pl plastering]

and be taxed on it on next years tax return, it’s helpful but not a bonus or free, would of earned much more then that if grafted last 2 months , seems like a bonus to people Cos you’ve been sat indoors and not really had anywhere to spend money (pubs/restaurants/football etc)
But it’s not a bonus, we all of would much rather had grafted and earned then these grants, but hey ho.

German football back tomorrow french racing been back all week , the bookies are pleased.

f**k**g hell big nose,I've just realised weve given each other a reply without c**t being said

 

[bill]

July has been deferred pal till nxt jan

That’s what I meant , I should have been clearer

 

[S a plastering]

£6214 but they want £6500 back on vat

Im just a subby mate thats the way i like it just sub to companys and do my own domestic jobs best of both worlds so not vat reg

 

[FreeD]

It’s not for free FreeD. It’ll be getting paid back in one way or another. You might be up now but the government give with one hand and take with the other.

 

[Mouldyoldspudgun]

Thanks, think I might try but if I've got a rental income at 800/mnth and/or any share divi's then it's a fail.

I think the rental income fucks you up, I know a taxi driver who can’t get it because he rents a couple of houses out and they don’t knock the mortgage off anymore

 

[Pl plastering]

I think the rental income fucks you up, I know a taxi driver who can’t get it because he rents a couple of houses out and they don’t knock the mortgage off anymore

Certainly does..short term pain for long term gain is owning properties now,its shite in a short term strategy

 

[Pl plastering]

Guys it's not free money lol,its wages you have lost that you would of earned and less in most cases,and as rossi says there will make it bk 10xs over and then some.the £10k grant etc now that's free bonus money

 

[carys]

Guys it's not free money lol,its wages you have lost that you would of earned and less in most cases,and as rossi says there will make it bk 10xs over and then some.the £10k grant etc now that's free bonus money

Agree it is wages. But it is a bonus in a way becouse I've saved all the money becouse haven't being spending much lol only food couple bills

 

[Pl plastering]

Agree it is wages. But it is a bonus in a way becouse I've saved all the money becouse haven't being spending much lol only food couple bills

It will feel like a bonus as it's coming into account in one lump sum.dont forget your not likely getting a tax rebate nxt year which is a bonus..that's why there not taxing this payment there give you as there will just keep that instead

 

[johniosaif]

Im just a subby mate thats the way i like it just sub to companys and do my own domestic jobs best of both worlds so not vat reg

I strayed into it by mistake, not vat regd never was but they want £6500

 

[Groove37]

Looking forward to spending the £78 I’m getting

 

[S a plastering]

I strayed into it by mistake, not vat regd never was but they want £6500

How can the vat ask for that if your not vat reg

 

[johniosaif]

How can the vat ask for that if your not vat reg

If you go over the threshold in any 12mth period, they assess what they could of got and take that from you

 

[S a plastering]

If you go over the threshold in any 12mth period, they assess what they could of got and take that from you

You mean if you go over the vat threshold

 

[superspread]

 

[Colin 879]

View attachment 49160

lmao

 

[MakeItSmooth]

View attachment 49160

 

[superspread]

lmao

thought I’d throw a bit of light humour on the thread

 

[MakeItSmooth]

thought I’d throw a bit of light humour on the thread

 

[Pl plastering]

I strayed into it by mistake, not vat regd never was but they want £6500

How do u stay into it by mistake? Surely all materials uve bought for ur house would have covered all that vat

 

[Pl plastering]

If you go over the threshold in any 12mth period, they assess what they could of got and take that from you

I'm sure it's got to be 2 years on bounce,sure you get abit of leeway..might be wrong

 

[TonyM]

£6214 but they want £6500 back on vat

You are able to charge vat retrospectively when you go over the threshold. Shouldn’t be a problem if the work done was for another vat registered business. Joe public won’t be so keen though.

 

[Brimstone]

You are able to charge vat retrospectively when you go over the threshold.

Don't see how you can. In either case you've got an agreed contract price and if it doesn't include VAT then you can't ask for it later, they'll just tell you to do one.

 

[johniosaif]

I'm sure it's got to be 2 years on bounce,sure you get abit of leeway..might be wrong

Sadly you’re wrong