The New Thread

TroutU

antrobus wrote: »

In principle, what you have done is engaged in a taxable trading activity. In practice, because you're only talking about £1,000 revenue, once you've deducted the cost of goods sold plus some overheads ( I could think up a few), your tax liability isn't likely to be more than £100-£150 at worst. As you've confirmed, HMRC aren't in the slightest bit interested. They don't get out of bed for that sort of money.

It sort of matters what question you ask as they won't give you a definitive aswer on a hypthetical scenario.

If you were to say

I have been buying goods at a supermarket and receiving vouchers back, sometimes for less than the actual shop and sometimes for more. By reusing the vouchers and some money I have purchased some £8000 worth of goods I wouldn't otherwise have been able to.
They might on this basis see it differently.

However, at least you have checked and are clearer on how you might stand.

purdita

Claire1972 wrote: »

has anyone tried the Walkers crisps today?

No but I've just eaten a yum yum donut which I really shouldn't have

I think people are reluctant to buy them as the offers change over tomorrow and Tuesdays seem to be the day for MSM not to compare

fyfi

to do list

spare room cleaned - check
bathroom no 1 cleaned - check
bathroom no 2 cleaned
downstaires toilet cleaned
floors washed
carpets hoovered

time for another coffee!!! still no news from my SDD! (stupid dreadful)

pattylabelle

2 x C & C BROWN LEMONADE 2 LTR 1.36 *2.72

off a tesco pp 1st price tesco 2nd asda

aau1

Gemini_Jes wrote: »

Asda glitch on AOL news...

http://money.aol.co.uk/2012/09/25/shoppers-make-thousands-from-asda-glitch/?icid=maing-grid7%7Cuk%7Cdl4%7Csec1_lnk3%26pLid%3D128977

More stellar journalism

The glitch was demonstrated by The Grocer magazine, which ran a trial basket. The system should have calculated the cost at Asda at £15.30 and the cost at Waitrose at £30.87. However, it calculated the Waitrose cost at £8.57 - triggering a voucher for £17.59.

10% less than 8.57 is £7.71

Difference between £15.30 and £7.71 = £7.59, not £17.59

elysia2003

2 x Kellogg's Krave Totally Chocolatey (375g) £4.00 N/A

My cereal didn't compare today (it was the milk chocolate one) so I'd avoid that.

Call_of_Trouty

elysia2003 wrote: »

2 x Kellogg's Krave Totally Chocolatey (375g) £4.00 N/A

My cereal didn't compare today (it was the milk chocolate one) so I'd avoid that.

Are you sure that was against W ?

I think you may be a Mi.........

Magicowen

optimistix wrote: »

:eek: Only if he brings some of those yummy looking dinners with him

I forgot to ask, how did you get on over C0v way the other week? I've not been for 6 days now :eek: may have to take a little venture out later

fourp

Rain stopped play today .

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aau1

Budgie, Purdita,

Thanks for the replies re mortgage applications

I'm going to meet with FA tomorow armed with all our P60s, wage slips, bank statements showing incomings/outgoings.

We'll see if we can reach a better figure when we try again using a fine toothed comb