Earn Extra Cash - Fixing Computers

bobthecat_2

Hi,

My boyfriend works in IT and is very handy when it comes to fixing problems with computers. He has recently been asked by a few people to fix issues with their home PCs. He had recieved a tenner or so from doing this.

He wants to branch out further to bring in extra cash each month. We were thinking of advertising in the local papers and shops, he also has a few contacts in the trade which he could use to drum up a bit more business.

Before we do this we wanted to check the tax implications etc. and whether he would have to register as being self employed. We don't really know how much he would earn each month it could be nothing or it could be more but we want to make sure we do things properly.

Any advice is very much appreciated.

Thanks

savemoney

Been posted many times before, consensus is dont bother too much aggravation from people who expect to pay peanuts, want you here yesterday and then pester you forever

No thanks I gave that up years ago

bobthecat_2

Thanks for your reply...

Reading back on my thread I maybe didn't expalin properly what I was asking advice on.

We wanted to see if anyone knew about declaring extra income to pay tax & NI also whether he would need to register as self employed.

We are happy to give it a go to help boost our income and see how it goes. I don't think there's any harm in trying.

kurgon

bobthecat wrote: »

Thanks for your reply...

Reading back on my thread I maybe didn't expalin properly what I was asking advice on.

We wanted to see if anyone knew about declaring extra income to pay tax & NI also whether he would need to register as self employed.

We are happy to give it a go to help boost our income and see how it goes. I don't think there's any harm in trying.

Yes, you would have to pay tax and insurance as an extra job, therefore would not be eligible for any relief. You would also have to prepare your own acconts and submit these at the end of the year.

Nosht

bobthecat wrote: »

Hi,

My boyfriend works in IT and is very handy when it comes to fixing problems with computers. He has recently been asked by a few people to fix issues with their home PCs. He had recieved a tenner or so from doing this.

He wants to branch out further to bring in extra cash each month. We were thinking of advertising in the local papers and shops, he also has a few contacts in the trade which he could use to drum up a bit more business.

Before we do this we wanted to check the tax implications etc. and whether he would have to register as being self employed. We don't really know how much he would earn each month it could be nothing or it could be more but we want to make sure we do things properly.

Any advice is very much appreciated.

Thanks

The secret with this kind of work is to make it last (a lot) longer than it takes to fix so that the customer thinks that it is worth the call out & cost. :eek:
I was in this for years & I found out that if I just went in & did a job lasting 5 minutes then it was difficult for the client to understand that my fee was earned but when I spun it out (I would tidy up their hard drive &c) & made it last about 1/2 an hour or longer they always appreciated it more & usually paid up quite happily.

Regards,

N.

pickledonionspaceraider

your not based anywhere near Leicester, are you? I have an pc that needs some work and would be happy to pay for repairs!

paulczar

If doing PC repairs be prepared to have people constantly bugging you. There are people who cannot leave things alone when they don't know what they are doing. They'll constantly delete and move system files about and deny it when you try and fix it. You'll go way and they'll do it again and try to say you didn't fix it in the first place. You'll also have the ones that constantly download virus's etc and call you pretending they dont know what went wrong.

It can be alot of hastle.

bobthecat_2

pickledonionspaceraider wrote: »

your not based anywhere near Leicester, are you? I have an pc that needs some work and would be happy to pay for repairs!

Hi, sorry no we're not. Hope tou get it sorted though.

bobthecat_2

Well I think we came to the conclusion last night that he'll just stick to helping people we know or friends of friends for now. He set up a new laptop for a friends work colleague last night... it took him an hour and a half and they gave him £20. He'll also be going back to sort out some more things for them.

Thanks for the advice, its been very helpful

CharlieBilly

£20 for 90 minutes work plus time getting there perhaps

Constant phones calls from mates and numptys = stress, inconvenience, then trying to avoid answering phone

bobthecat wrote: »

Well I think we came to the conclusion last night that he'll just stick to helping people we know or friends of friends for now. He set up a new laptop for a friends work colleague last night... it took him an hour and a half and they gave him £20. He'll also be going back to sort out some more things for them.

Thanks for the advice, its been very helpful

bobthecat_2

Ok I think I get the picture now... at the end of the day £20 is still £20 and depending on your financial circumstance that can be a great help.

i do appreciate people replying to my thread but my initial question was about the tax implications etc...