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Being paid with goods
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MediaGuy
Posts: 42 Forumite
Hi Everyone,
One of my clients can't afford to pay me and wants to pay me in goods (To the value of approx £2500). Now the work I have done has cost me just time.
Where do I stand re tax and declaring it ? It does have commercial value and I can use the goods within my office. It is not like I purchased it however.
Cheers
MG
One of my clients can't afford to pay me and wants to pay me in goods (To the value of approx £2500). Now the work I have done has cost me just time.
Where do I stand re tax and declaring it ? It does have commercial value and I can use the goods within my office. It is not like I purchased it however.
Cheers
MG
0
Comments
-
Hi Everyone,
One of my clients can't afford to pay me and wants to pay me in goods (To the value of approx £2500). Now the work I have done has cost me just time.
Where do I stand re tax and declaring it ? It does have commercial value and I can use the goods within my office. It is not like I purchased it however.
Cheers
MG
What kind of goods?
Do you mean something like stationery, or do you mean something like a photocopier?0
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