We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Am I taking the mick here?!
Comments
-
Wouldn't this fall under the new £1000 trading allowance so tax wouldn't be due on the tutor income anyway.
https://www.gov.uk/government/publications/income-tax-new-tax-allowance-for-property-and-trading-income/income-tax-new-tax-allowance-for-property-and-trading-income
That has been dropped for the time being:
http://www.moneysavingexpert.com/news/protect/2017/04/government-drops-1000-tax-breaks-for-online-sellers-and-room-renters-for-now0 -
Incorrect -
"Mileage allowance – or 'simplified expenses' rules. This method will allow most self-employed workers to claim 45p per business mile travelled in a car or van (45p for the first 10,000 miles and 25p thereafter)."0 -
-
-
Phone the tax helpline, explain your story and see what they say.
Personally I'd claim it and let the tax office correct me. Plenty of businesses out there loose money at first before establishing themselves, to me it looks like your just starting out tutoring and once you've gained confidence you may do more. Mileage expenses are a legitimate expense you wouldn't be claiming if you weren't tutoring. I've worked with plenty of people who "travelled for work" and visited family etc, home office even had different over night rates for those that stayed with family instead of a hotel, mileage was still claimed and reimbursed.0 -
what you put on your tax return and what will stand up to an investigation if one ever happens are 2 entirely different things.Phone the tax helpline, explain your story and see what they say.
Personally I'd claim it and let the tax office correct me. Plenty of businesses out there loose money at first before establishing themselves, to me it looks like your just starting out tutoring and once you've gained confidence you may do more. Mileage expenses are a legitimate expense you wouldn't be claiming if you weren't tutoring. I've worked with plenty of people who "travelled for work" and visited family etc, home office even had different over night rates for those that stayed with family instead of a hotel, mileage was still claimed and reimbursed.
post #6 from pennywise is the correct answer in this thread0 -
I think it might even be less.So your only legitimate business miles claim is between work and their home then.
If Home-Work is 30 miles, and Work-Tutoring is say 5 miles, Tutoring-Home could be anywhere from 25 to 35 miles. For tax purposes, it is the extra that counts.
If the Tutoring is on the OPs normal route Home from Work ( even if it is 15 miles from each ), they might not be able to claim anything at all.0 -
the OP has said they would usually cycle to work, but would drive only if tutoring so would be out of pocket by taking on the tutoring as they incur expenses its suggested they cant claim for.
The journey is only made by car as a result of the tutoring job. Is that not justification for claiming?0 -
I can't afford a week of holiday in the Bahamas, but my mother has contracted me to send her six postcards from there, on consecutive days. I'm only being paid £1 for the job, so by the time I include the expenses of flights, accommodation, and meals, that will be a big loss. Can I offset that loss against my normal income, and hence pay less tax ?
:think:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
