Mystery shopping thread 26 *please read the op first**please no client names or fees

missymouse

So could you not just put £5 of it down as a fee? the money is paid into your bank in the same way so how can IR discern.

Perhaps we should tell the MS companies to put down a fee. I've seen MF pay a tiny amount of fee for a hotel visit. We could suggest this and give us slightly less reimbursement.

charliep69uk

I can't see any jobs on SM is there a reason for this, I've looked every day and never had any problems before?

Thanks

burnoutbabe

bubble56 wrote: »

So if I do a dining visit that reimburses £50 AND pays a fee of £5, I have to tell the tax-man about the £5 only, but If I do one with no fee and a reimbursement of £20 I have to tell the tax-man about the £20? So it's nearly always better to just do ones that pay a small fee?

yes its madness that suddenly a £3 payment would make the other part taxable or non taxable! £3/£5 would be covered by travel costs for most of these jobs!

Big_Graeme

bubble56 wrote: »

So if I do a dining visit that reimburses £50 AND pays a fee of £5, I have to tell the tax-man about the £5 only, but If I do one with no fee and a reimbursement of £20 I have to tell the tax-man about the £20? So it's nearly always better to just do ones that pay a small fee?

You would clearly be doing the job for the reimbursement, as a rule of thumb if the fee is less than the reimbursement then you are doing the job for the whole package.

burnoutbabe wrote: »

yes its madness that suddenly a £3 payment would make the other part taxable or non taxable! £3/£5 would be covered by travel costs for most of these jobs!

See above. HMRC no longer accepts loss making jobs are part of us doing business, they expect us to earn off any job.

missymouse

Have you noticed how the eye jobs have disappeared from a certain MS board whereas before there were loads.

blindman

charliep69uk wrote: »

I can't see any jobs on SM is there a reason for this, I've looked every day and never had any problems before?

Thanks

No idea as I do not run the Company

Email them and ask. There are still a good load of various jobs on there.

blindman

Big_Graeme wrote: »

You would clearly be doing the job for the reimbursement, as a rule of thumb if the fee is less than the reimbursement then you are doing the job for the whole package.



See above. HMRC no longer accepts loss making jobs are part of us doing business, they expect us to earn off any job.

HMRC are obviously not in the real MS world then

A Lot of Co's now say "we do not provide a fee as we expect shoppers to be passing here anyway" or words to that effect.

I've NEVER had a fee that is more than the "freebie" on offer so that rule of thumb never applies.

Big_Graeme

blindman wrote: »

A Lot of Co's now say "we do not provide a fee as we expect shoppers to be passing here anyway" or words to that effect.

Only one says that, the nest idea is to stop working for MF.

blindman wrote: »

I've NEVER had a fee that is more than the "freebie" on offer so that rule of thumb never applies.

Then you need to work for more companies. Many will not work for small fee large freebies due to tax implications.

missymouse

It's all very time consuming. I tend to do MF because it's easy to pick jobs up and it's straight forward. Saying that recently I had an excellent opportunity with another company which was well paid.

blindman

Big_Graeme wrote: »

Only one says that, the nest idea is to stop working for MF.

Stopped years ago

Then you need to work for more companies.

When I stopped this hobby I had 25-30 Co's on the books-Above still applied.

Many will not work for small fee large freebies due to tax implications.

Many being people or Companies??