Hi all, new to this site, just set up my own business and am in process of registering with elecsa, just wondering will my annual fee be deductable from my end of year profit before i pay tax? I know some things are and some arent. Cheers
I did a part 'p' training course with new career skills last year. Now I am working as a sole trader and need to do a tax return. The course cost about £5k and I am hopeing to claim back the tax on it. I looked on the HMRC website and it is not very clear, I was wondering, has anyone else...
brightspark11
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accountant
business
course
part
part p
start
tax
training
I know this topic has been covered several times but I am still a little confused as to whether I am eligible for this or not.
I am a 4th year apprentice, started work for a company on July/August 2009. What forms do I fill out if I can claim, P87, self tax return?
Any help much appreciated.
so its been a while now, has yous heard of anybody that has got their collar felt yet?
or is the taxman expecting lots of guilt-ridden sparks to phone up and hand themselves in??
Welchyboy
Thread
electric
electrical
electricians
electricians' talk
news
safe
scheme
tax
Here's some info about the IR35 tax legislation rules which can affect self employed subbies and whether they are deemed to be inside or outside of the ruling:
In recent years the electrical industry has seen an increase in freelance workers or 'subbies'. It's an easier way for the companies to...
We are a small company who are keeping our head above water in a tough time, we will make a living this year but things need to improve next year to justify the hours that go into running your own business.
We are finalising our last year accounts, by my calculations we face a £40k corporation...
This is relating to another thread of mine but too cut a long story short, I'm in the process of renovating my first house and a rewire is on the cards. Not wanting to pay the stupid fees I decided to just get on with it and get a PIR when I come to sell later in life. Had a tax guy round today...
Not too sure if this allowed here, so will give it a go nonetheless.
Im looking for someone to do my self assesment at the end of the year. Im new to being self employed and genuinley havent the slightest clue what to do when it comes to doing the tax return. All ive been told by the people I...
Hello lads,
Fun one for Sunday night for all of yoooz.
I am starting work under the CIS scheme in not too long. Now I know that you can ask to be paid gross or net. I went for NET because I decided I'd rather have it this way and it's a bit of a hassle to get the gross payments and save money...
ed-ectrician
Thread
cis
cis card
electricians' talk
fun
question
regarding
tax
Hi,
Could anyone shed some light or point me in the right direction for the following:
I am using my family car for business (what percentage of the value of the car and expenses that go with it, would I be able to show as expenses?)
I am using my home as business premises (Can I include...
hi, everyone. this is mechiel, a working staff in a Chinese solar company. I am quite confused with european and american motive of imposing an anti-dumping campaign. Is that really helpful to this industry of theri own? For those who knows little about China, they keep distorting China's image...
mechiel.eifesun
Thread
china
chinese
electricians' talk
manufacturers
products
quality
solar
tax
If I buy and use a car that is partly for business and partly for personal use how do you put that through (cost of vehicle, repairs, tax, insurance, fuel) on your tax return?!
Anyone know?
Thanks a lot
Ed
Well Folks,
Im a self-employed electrician,working for a sub-contractor at the moment.
Need some advice on how to ensure that he is paying my tax and keeping the books straight, Surely I am entitled to ask him for a type of slip to keep record of my employmeny and tax payed..
Any ideas would...
After taking out a loan last year to attend a taining course, acomodation, tools and business setup, does anyone know if I can claim any of this back ad if so what would I put it down as on my tax return??
Thanks for any advice offered!!!
I have just noticed on the HMRC website that they are currently running a tax campaign for Electricians who have not declared themselves to HMRC.
they call it the Electricians' Tax Safe Plan
I suppose it's only of interest to those who working 'strictly cash in hand' and would like to go...
BlueToBits
Thread
electric
electrical
electricians
electricians' talk
out
tax
i all,
registered as self employed 21/02/2012, i have recieved a letter telling me about tax returns and i have activated the service online, yet i have not recieved a notice telling to i need to complete which the letter said i will when i need to, yet i dont want to fall foul of the HMRC and...
Lol do u owe tax ? have u underpaid? nice letter to recieve on a FRIDAY! they gonna target sparkies now!! plumbers last yr!! i pay an accountant to look after my accounts TALK TO HIM!!!!!!!!!!!!!
powervan
Thread
electric
electrical
electricians
electricians' talk
plan
safe
tax
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