Mystery Shopping Thread 24 *PLEASE READ THE OP FIRST**PLEASE NO CLIENT NAMES OR FEES

Cybi-Ping

tizzy79 wrote: »

GAP money in bank x

Mine is in too, the only company that hasn't paid yet from February is Catalyst. Are they usually this slow to pay?

Buzby

skivenov wrote: »

Rates have fallen, yes, but if you can't do £50 on a day off from your normal job, you either live somewhere really remote, or you're not doing it right.

That will be the exception - I've been doing this for 5 years now, and on crunching the numbers there is no way am being paid the same for the tasks I did, and the competition - where the fastest finger gets the allocation - is now hotter than ever, so the capacity to obtain these jobs is also less.

fudgeh

tizzy79 wrote: »

GAP money in bank x

Yay!!

Just a quick query. Although the work was done in February, it was paid in April. Does it count to 2012-2013 tax year for self assessment or do I add it to next years?

Thanks

StabiloBrillo

Finally paid by Gap, AA next.

Big_Graeme

Cybi-Ping wrote: »

Mine is in too, the only company that hasn't paid yet from February is Catalyst. Are they usually this slow to pay?

Yup. Well known for it.

HappyMJ

fudgeh wrote: »

Yay!!

Just a quick query. Although the work was done in February, it was paid in April. Does it count to 2012-2013 tax year for self assessment or do I add it to next years?

Thanks

The end of the tax year isn't until April 5th. Anyway you are supposed to count the income and expenses on the date that you do the work even if the money has not been received yet. You should be showing a debtor on the accounts that owe you money...but as long as it's been declared in one tax year or the next it doesn't really matter too much as it makes little difference to your tax bill either way.

skivenov

Anyone else been docked their expenses for these quick supermarkets?

fudgeh wrote: »

Yay!!

Just a quick query. Although the work was done in February, it was paid in April. Does it count to 2012-2013 tax year for self assessment or do I add it to next years?

Thanks

As long as you're consistent, it doesn't really matter. I always put things through as when they get paid.

mamashaz

fudgeh wrote: »

Yay!!

Just a quick query. Although the work was done in February, it was paid in April. Does it count to 2012-2013 tax year for self assessment or do I add it to next years?

Thanks

It was paid in this tax year so you need to declare it for this year (2012-13). Any money you receive after 6th April should be put on 2013 - 14 tax year.

skivenov

Buzby wrote: »

That will be the exception - I've been doing this for 5 years now, and on crunching the numbers there is no way am being paid the same for the tasks I did, and the competition - where the fastest finger gets the allocation - is now hotter than ever, so the capacity to obtain these jobs is also less.

Not going to argue with that, you've just got to have a fast finger or one eye on the lists, which is easier in these days of mobile internet and email. Failing that, do you know anyone who spends their day sat in front of a computer who'll keep an eye out for you?

You start to notice patterns in how stuff gets offered out, generally if something comes up on my patch on GFK, for example, there's more within the hour and the next day.

fudgeh

Thanks HappyMJ, Skivenov & Mamashaz for such speedy replies x