We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 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!

Mystery Shopping Thread 25 *PLEASE READ THE OP FIRST**PLEASE NO CLIENT NAMES OR FEES

1…382383385387388…606

Comments

  • tizzy79
    tizzy79 Posts: 437 Forumite
    Anyone recieved any payments from Helion yet?
    :A The toughest form of mountain climbing, is getting out of the rut! :A
  • Workie_Ticket
    Workie_Ticket Posts: 308 Forumite
    Anyone received a bank payment from Bare yet?
  • weeg
    weeg Posts: 1,078 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I can see both sides of the great 'Is my dinner taxable?' debate.

    On the one hand, if you do a lot of fee paying MSing (as most folks here do, me included), the odd no-fee meal is just another job you do as part of your self employed MSing business. It's payment in kind and taxable at 20%. I view it as an 80% off treat for me and the Mr.

    On the other hand, if, as was asked about, you never do fee paying work and only do the odd meal, then I think you can absolutely skate under the radar. Different people have heard different opinions from HMRC staff and from accountants and I don't see you getting hammered for this.

    It's very much your call if you think the hassle of registering and paying tax is more than the hassle of worrying about it.
  • mamashaz
    mamashaz Posts: 449 Forumite
    Part of the Furniture 100 Posts
    Workie_Ticket wrote: »
    Anyone received a bank payment from Bare yet?

    I received mine today for the bank job I did in early March
  • Sunny_spell
    Sunny_spell Posts: 729 Forumite
    Part of the Furniture Photogenic Combo Breaker
    mamashaz wrote: »
    I received mine today for the bank job I did in early March

    I received mine as well.
  • Big_Graeme
    Big_Graeme Posts: 3,220 Forumite
    tizzy79 wrote: »
    Anyone recieved any payments from Helion yet?
    Workie_Ticket wrote: »
    Anyone received a bank payment from Bare yet?

    Both usually pay around the 26th or 27th of the month.
  • Workie_Ticket
    Workie_Ticket Posts: 308 Forumite
    Workie_Ticket wrote: »
    Anyone received a bank payment from Bare yet?

    Thanks everyone who replied - I have received mine now as well.
  • Big_Graeme
    Big_Graeme Posts: 3,220 Forumite
    A question for those who get paid by Bare into the bank, what does it cost you to get paid in Euros and convert to GBP?
  • Tolteca87
    Tolteca87 Posts: 1,394 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Nothing and the exchange rate is a bit better too. The conversion is automatic for Euros and Dollars, which does mean that there is no choice when the conversion is done or chance to wait for Sterling to decline like there can be with PP.

    Though I'm with HSBC/First Direct so it might be different for other banks.
  • Workie_Ticket
    Workie_Ticket Posts: 308 Forumite
    Paid - 30 Euros
    Received £24.18

    Equates to 1.2407 Euros to the £ - not to bad?
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture