Maximising income - Mystery Shopping? Surveys?

Saveit

There are still three calls in the Middlesbrough area to be done Wed /Thurs /Fri If you are an experienced Video Shopper and you can help with these calls please PM me .

The kit for the visits will be provided.


Thanks:beer:

hilary1

I had an email from TNS regarding the pub meal I couldnt do because they didnt have a table for two hours. It went something like: Other people dont seem to mind waiting while having a drink and a chat (2 hrs?). I have deallocated this.

Slight sarcasm noted and not for the first time if you ask something or tell them you couldnt do a job because it was closed/moved/knocked down etc. And note that if it is not a job you are paid a fee for (ie cost of meal) and you CANT do it they wont pay you anything at all.

Also noted on an email for emergency jobs that the job had been relisted as 'paid extra'.

Meal £30 + £3.50 petreol + £4 extra

Original fee £40 for meal + £3.50 petrol

so watch out for this actual reduction in fees.:rotfl:

Annie_Fanny

Have just worked out my earnings for the year (Sept thru' December):

Earnings after tax: £117.00
'Benefits': £307.53

'Benefits' I regard as meals out etc, (expenses which are paid back). I have had some ace times down the pub due to MSing!

So I know we do get a few people on here that are a bit scathing of MSing but I am really pleased overall. The £117 that I have earned has been a real blessing over the last few months and basically I wouldn't have got that extra money if I hadn't have basically gotten off my bottom!

:beer:

Here's to 2007!

Annie

Rachie_B

I've not worked out what it will be minus tax etc ( bit too scared to lol)

but from Aug 1st to present date it's :

earnings (fees) = £ 438
benefits ( expenses / mileage ) = £ 290

Annie_Fanny

Rachie_B wrote:

I've not worked out what it will be minus tax etc ( bit too scared to lol)

but from Aug 1st to present date it's :

earnings (fees) = £ 438
benefits ( expenses / mileage ) = £ 290

If you are a basic rate taxpayer then you pay 22% tax so you have earned £341.64 net, i.e. £438/100=£4.38 £4.48x78=£341.64



Make sure you are putting some tax away!

hilary1

I think a lot of people think that if the meal or similar is being paid for and technically no fee the payment isnt taxable.

But I fee sure that it is classed as 'benefit in kind' and you will have to pay tax on that. :cool:

SOme-one correct me if I'm wrong please.

leni

I was under the impression that tax wasn't payable on expences i.e. meals and transport.

I add up all payments, then deduct expences such as meal costs or purchases that are reimbursed plus 40p per mile for transport. I then "ASSUMED" tax was only payable on the figure after deductions i.e.

I earm 400, 200 is expences and travel, leaving me with £200 in profit, I then pay 22% of this i.e. £44 as tax? is this right, or does tax get worked out before the expences/travel is taken off? if so, then thats £88 tax!

melaniec_2

i would of thought its classed as an expense which is not taxable, this is why they are called expenses.

Becles

hilary1 wrote:

I think a lot of people think that if the meal or similar is being paid for and technically no fee the payment isnt taxable.

But I fee sure that it is classed as 'benefit in kind' and you will have to pay tax on that. :cool:

SOme-one correct me if I'm wrong please.

It's not a benefit in kind. It's an expense that you have to incur to do your job. In the tax mans eyes, you must buy a meal and eat it to MS a restaurant, so therefore it's an expense and not taxable.

Benefits in kind are things an employer may give you such as gifts. My ex always got a tax form specifically relating to the free turkey the employer gave each staff member at Christmas!

Rachie_B

Annie_Fanny wrote:

If you are a basic rate taxpayer then you pay 22% tax so you have earned £341.64 net, i.e. £438/100=£4.38 £4.48x78=£341.64



Make sure you are putting some tax away!

ive not been really,no

start of 2007 im going to open an account just for mystery shopping and will do spread sheets etc and do everything "properly"

TBH i never expected to be as busy with MSing as i have been these past months :eek:

and as ive been accepted with about 4 more companies i hope i will be even busier in 2007 :beer: so need to be more organised !!