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Mystery Shopping Thread 23 *PLEASE READ THE OP FIRST**PLEASE NO CLIENT NAMES OR FEES

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Comments

  • N.I.M
    N.I.M Posts: 2,248 Forumite
    So anyone care to explain why the English team threw away a golden opportunity to create a lasting peace that would have lasted hundreds of years and seen many old grievances forever forgiven? :rotfl::rotfl::rotfl:
    This was 6 months out of date so I've changed it.
    :j:j:j:j
  • jen_br
    jen_br Posts: 2,653 Forumite
    why is GFK making calls at 8:39pm? seriously..
  • whitelabel
    whitelabel Posts: 2,217 Forumite
    not sure if related to your call

    but if any one wants some audit work for gfk in Chester or Northampton
    check the home page, they have Up to 3 days work (7 hour days) £XX per hour Must be Started Thursday at latest doing overt availability audit
  • j0annepsi
    j0annepsi Posts: 127 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thinking of getting a new car. Anyone know if it's possible to write off part of the value agains tax, if you're making 4-500 a month from MS (on top of the day job)?
  • whitelabel
    whitelabel Posts: 2,217 Forumite
    edited 11 June 2012 at 11:35PM
    j0annepsi wrote: »
    Thinking of getting a new car. Anyone know if it's possible to write off part of the value agains tax, if you're making 4-500 a month from MS (on top of the day job)?

    vehicles can only be written off maintenance and running cost wise if used solely for business use or proportionately if also used privately, and purchase wise is a whole separate tax section not just deducting from profit, in the form of capital allowances as it becomes a company asset so not a simple as other expenses i believe
    it also depends on the emissions of the car too i believe and there are factors to be considered when/if you sell the car
    best bet is unless youre experienced or very good accounts wise (in which you prob wouldnt be asking) is to speak to an accountant

    have a look here
    http://www.businesslink.gov.uk/bdotg/action/layer?r.i=1086700276&r.l1=1073858808&r.l2=1086692188&r.l3=1086699413&r.t=RESOURCES&topicId=1086383994
  • There are two ways of calculating vehicle allowances; the mileage method (where you claim 45p a mile for every business mile, and that's supposed to cover everything) or the actual cost method which is far more complicated, and you'd have to keep detailed records of business mileage vs personal mileage then apportion all costs accordingly.

    You do get a capital allowance doing it that way, but again it's complicated and depends on emissions levels and percentage of use that's for business. You then calculate the writing down allowance that you can claim each year. It's not nearly as simple as just writing a chunk of the cost off against profit.

    If you choose one method then you have to stick with it for the length of time you've got the vehicle. You can't claim a writing down allowance for it one year then start claiming 45p a mile the next year for example. The tax course I went on recommended keeping records by both methods if you were unsure then deciding the first time you filled in a tax return which was better for you. I briefly considered it then decided that it wasn't worth the hassle.

    There's probably a leaflet to explain it. Phone the HMRC self-employed helpline and ask them, they'll be able to advise.
  • whitelabel
    whitelabel Posts: 2,217 Forumite
    There's probably a leaflet to explain it. Phone the HMRC self-employed helpline and ask them, they'll be able to advise.

    The link ive given is what HMRC refer people to on their own website
  • samtastic7
    samtastic7 Posts: 1,110 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 12 June 2012 at 9:28AM
    It's a quiet month so far. May was manic for me, But it can change
  • DPJames
    DPJames Posts: 999 Forumite
    b00005tq17-f41s54q7.jpg
  • samtastic7
    samtastic7 Posts: 1,110 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ir y encontrar algo para jugar con
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