Member Since: 31st Jan 2011
4th Feb 2013
Insurance x 2
My home insurers cancelled my policy when they found out I had clients visit my home, despite the fact that the MLO regs mean they have to prove exactly who they are.
Sainbury's bank took me on with no problem.
I've worked from home for years, and used to worry that I'd get assessed for business rates, but I've dealt with the local council many times, and it's never come up.
4th Feb 2013
No problems here
I only use it for a few partnerships and any new jobs that come on board too late for a 64-8 to get processed, but yes, no delays and no problems. I found being able to email myself a printable, signable tax calculation particularly useful.
2nd Jan 2013
More usual suspects...
Quite a few, there are 6 jobs in my hallway, which I'll start once I finish the 12/12 VAT Returns.There are always the ones who crawl out of the woodwork at the last minute, they're not the cheapest jobs I do, but they never have the brass neck to complain about it. Oh, and me of course, I do that last as it doesn't pay anything! :)
The smug person with zero, nada, nothing needs to advertise more, there is work out there, honest!
23rd Jul 2012
Deleting ex clients
I have given up trying to delete ex clients, as however many times I try they won't go away!
One did restart self employment, however, so there can be an upside.
And don't get me started on repayment claims that vanish without trace!
4th Jul 2012
Now I know what 'HMD' stands for, I don't understand how it can ever be said by a woman, unless she is actually a pre-op trannie.
(Joke, in case her lawyers are Googling).
26th Jun 2012
First Ive ever heard of the single seat rule, and I have claimed for a motorcycle before where it was being genuinely used for business travel.
Just tells us
'Because motorcycles only have two wheels they're not cars for VAT purposes.'
And therefore VAT can be claimed.
Sometimes I wonder if they make it up as they go along, just to get you off the phone.
22nd Jun 2012
Visit scamwarners.com for more insight
Usually you get sent a dud cheque, put it in the bank, and until it comes back as stolen/fake, which will take some time, your bank account will show it as a credit and available to spend / send to the scammers. In the meantime, you send the 90% balance to the scammer via Western Union (which can be picked up as cash anywhere in the world) or by transfer to a compromised bank account.
Then the cheque bounces, the credit is reversed, and you are left holding the baby. The scammer doesnt need to leave home, or more likely the internet cafe in West Africa.
For more insight, visit scamwarners.com
22nd Jun 2012
Casting the first stone
Huge tactical error by 'call me Dave' to get drawn into commenting on any individual's tax affairs.
Two words, DC, 'Lord', and 'Ashcroft'. The PM is already rowing back from a ‘running commentary’ on people's tax affairs when the name Gary Barlow comes up. Glass houses and stones come to mind, as does John Major's 'back to basics' campaign.
If it's happening on this Government's watch, it's their responsibility. In the meantime it's going to be open season for journalists inquiring into the tax affairs of Government ministers. When DC laid into Carr, somewhere a Government minister or donor who uses the same or similar tax arrangements will have been doing a face palm. Now its coming out that daddy Cameron's millions enjoyed extensive foreign holidays.
You couldn't make it up.
30th Apr 2012
I only produce a balance sheet for a sole trader if specifically asked for one, however I do produce under 'notes' a depreciation calculation showing how the figure in the P&L account came about.
This is added back in the first part of my tax calculation, before Capital Allowances are applied.
22nd Mar 2012
I wonder if the chancellor was following this thread, as he has acted on this very issue.
As I understand it, the pie police will now be at the market to stick thermometers in said pies at the moment of sale - if they are above ambient temperature - they're vatable. The same applies to rotisserie chickens.