We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 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!
*** March make £10/ day challenge. ALL WELCOME! ***
Options
Comments
-
Thanks, Aesop -- looks hopeful and we saw a really nice place yesterday (within walking distance of home as well!). Just need them to come and do an assessment now.
x xMake £7.50 a day in March 2012 - £541.20/£232.50. £10 a day in April 2012 - £46.92/£300Trying hard to curb my spending and increase my income in 20120 -
Morning ev1
sorry to hear lots of you have the snots and stuff
It always seems to happen this time of year doesn't it? - get those vitamins in ya's people
I haven't been sleeping too well with my meds increase and its showing in my activity this week - just about doing s'points and no more reallymust try and get back at it!
On a positive note i have just got cheque in from GTM - lovely £31.01
Been trying to get some of my craft mountain finished as well - would be good if i could sell some bits! Getting there with a few things so pleased with that!
Oh another positive point - OH FINALLY contacted his mortgage company yesterday and after weeks and weeks of worry they told him they wouldn't be repossessing his house as long as he keeps up with the payments he has now arrangedits a big weight lifted - now just need to get him to put money away every week for it cos he waits till the day before then has a panic cos its spent - flipping men!!
Going to try and get some more stuff on ebay this week too - sales on there have dried up for me really so need to do some extra listing i think!
Good Luck everyone - hope you all have a fabby day xxDebt at Aug 2010 (LBM) £21,908.86, Debt Freeeeee Date 4th Nov 2013 :j:j:j Massive Thanks to the £10 per day thread :A Next goals:Savings £1203.16/£10,000******Mortgage to Zero: £52,579.46 to go
Feb Earnings: £711.20/£500 March: £434.41/£500Currently compiling an A-Z of earning sites and happy to share it0 -
For those needing a boost in income- an idea I haven't seen much mention of. On eBay (or baycrazy) look for items ending near where you live that are maybe collection only that you could list but offer postage on and make more money on due to item being available- hopefully not many of you live near me! Stay off NW postcodes please! :P Bundles you can collect is an idea too- Im off to get one today!£20 a day April 2014 £834.87/£600 :j
£20 a day May 2014 £108.45/£6000 -
I'd love to start a ebay business selling 2nd hand items, i think its something i'd do well at.
Only thing stopping me really is the accounting side of things.
Im not sure how you would be able to prove the out goings for stock, i mean you dont get reciepts from carbooters and jumbles for the items you buy, surely you can't just write them out yourself, can you?
I have looked on the HMRC website, but the only info i came across was with regards to VAT, and more aim towards 2nd car dealers, antique dealers ect.Build your own dreams ~ or someone will hire you to help build theirs
£10 a day = £335.99 Road Kill Rebel #50 =12P0 -
THEMONEYSPIDER wrote: »I'd love to start a ebay business selling 2nd hand items, i think its something i'd do well at.
Only thing stopping me really is the accounting side of things.
Im not sure how you would be able to prove the out goings for stock, i mean you dont get reciepts from carbooters and jumbles for the items you buy, surely you can't just write them out yourself, can you?
I have looked on the HMRC website, but the only info i came across was with regards to VAT, and more aim towards 2nd car dealers, antique dealers ect.
Could you print the ebay 'order details' page as proof of receipt?£20 a day April 2014 £834.87/£600 :j
£20 a day May 2014 £108.45/£6000 -
THEMONEYSPIDER wrote: »I'd love to start a ebay business selling 2nd hand items, i think its something i'd do well at.
Only thing stopping me really is the accounting side of things.
Im not sure how you would be able to prove the out goings for stock, i mean you dont get reciepts from carbooters and jumbles for the items you buy, surely you can't just write them out yourself, can you?
I have looked on the HMRC website, but the only info i came across was with regards to VAT, and more aim towards 2nd car dealers, antique dealers ect.
call them and ask. Think there is an ebay thread about it, will have a look.0 -
Natterjack88 wrote: »Could you print the ebay 'order details' page as proof of receipt?
Thanks Natterjack, i think your thinking of proof of sale.:)
what i mean is if i was to go to a carboot and buy a item for 50p, knowing that i can sell it for say £10, how would i get proof that i bought it for 50p from a carboot seller.
from what i gather i'd have to keep track of what ive paid for items, kinda writing my own reciepts for such items, but surely it can't be that easy?? that method would be open to fraudulent reciepts dont you think :think:
Thanks Aesop, you certainly know your way around the messege boards, i must confess to having 5 subscribed threads and just sticking to those mostly
Phoned Mr Ts to say i wouldnt be in tonight, and was asking if i would get a drs note :eek: for a head cold!!, i said No i wouldnt dream of wasting the drs time for such a thing, plus it takes about a week to get in at the drs anyway!...Seemed a strange request to me..Build your own dreams ~ or someone will hire you to help build theirs
£10 a day = £335.99 Road Kill Rebel #50 =12P0 -
THEMONEYSPIDER wrote: »Thanks Aesop, you certainly know your way around the messege boards, i must confess to having 5 subscribed threads and just sticking to those mostly
Phoned Mr Ts to say i wouldnt be in tonight, and was asking if i would get a drs note :eek: for a head cold!!, i said No i wouldnt dream of wasting the drs time for such a thing, plus it takes about a week to get in at the drs anyway!...Seemed a strange request to me..
I get bored, so wander around... you find interesting things that way.
You have to self cert for the first 5 days of illness and your Dr would charge you for a sick note, so no they shouldn't be asking for it!
Maybe they get a lot of sickness and this is their way of checking you are genuine.0 -
THEMONEYSPIDER wrote: »Phoned Mr Ts to say i wouldnt be in tonight, and was asking if i would get a drs note :eek: for a head cold!!, i said No i wouldnt dream of wasting the drs time for such a thing, plus it takes about a week to get in at the drs anyway!...Seemed a strange request to me..
)... Pffff... I hate when employers do that, trying to bully you!
Edit:--Gah- Aesop beat me0 -
THEMONEYSPIDER wrote: »I'd love to start a ebay business selling 2nd hand items, i think its something i'd do well at.
Only thing stopping me really is the accounting side of things.
Im not sure how you would be able to prove the out goings for stock, i mean you dont get reciepts from carbooters and jumbles for the items you buy, surely you can't just write them out yourself, can you?
I have looked on the HMRC website, but the only info i came across was with regards to VAT, and more aim towards 2nd car dealers, antique dealers ect.
To be honest - I think yes you probably could just have a column in a spreadsheet with the prices paid for things, and there is no way of proving it, and they will most likely appreciate that, and be glad that you are declaring it properly at all. Obviously anything from a charity shop/Ebay etc you can keep proof of purchase receipts for them.
Most likely it will Never matter. All HMRC want to see if basically 3 figures - Income - Expenses = Profits
I keep records for my MS work, with each job I do for each company, and there's a column for travel expenses, printing costs, purchases, etc etc. And I do have envelopes full of receipts for each. Yet I doubt anyone other than me will ever see these things! My tax return was as I said above - income, expenses and profit, from which the tax owed was calculated.
Potentially HMRC could do a random spot check, but it is so unlikely.
I would say phone them though for clarification - they are so friendly and helpful - definitely not the scary 'Tax Man' image commonly still held.Half of November Make £10 a Day Challenge: £51/ £1700
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards