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Everybody Look! Intriguing Tiny Elves!

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  • bubbs
    bubbs Posts: 67,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ellie14 wrote: »
    I take a pic of the list with mobile then check it in store,reduces c....ups considerably and handy to be certain.

    What a bloomin good idea:T:T
    Sealed pot challenge number 003 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500:T:T £770 for 2018 £1295 for 2019:j:j spc number 22 £1,457Stopped Smoking 22/01/15:D:D::dance::dance:- 5 st 1 1/2lb :dance::dance:
  • bubbs
    bubbs Posts: 67,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    M&S 1/2 Price Offers
    http://www.hotukdeals.com/deals/m-s-1-2-price-offers-2348607
    Sealed pot challenge number 003 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500:T:T £770 for 2018 £1295 for 2019:j:j spc number 22 £1,457Stopped Smoking 22/01/15:D:D::dance::dance:- 5 st 1 1/2lb :dance::dance:
  • miss_corerupted
    miss_corerupted Posts: 3,486 Forumite
    1,000 Posts Combo Breaker Debt-free and Proud!
    silvercar wrote: »
    Is the sheep business a separate company or is it you and him operating it as yourselves?

    If it is a separate company then you and OH have made loans to the company of the amount that you paid over. The company has a debt that it owes you. It will account for the loan payments and show the money it has borrowed from you. When the business is more profitable the business can repay the loans you have made to it.

    If you run this business as a side line and in your own names then you count the loan payments you make as expenditure of the business, so put the income from the business against this expenditure and that reduces the profit of the business and hence the tax you pay on that profit as part of your earnings.

    Ask more if you need, but it is helpful to know whether you have set up a separate company or not. Either way there is possibly special tax treatment for farming that I know nothing about - grants etc.

    So says Mr SC.

    The land is in our name which we bought with a loan.

    We set up a partnership for the sheep business in our names and use the land for it but its not an asset of the business.

    Tax is so confusing, when we get this 1st year done we should be ok though
    I have dyslexia, so get used to my spelling and grammar :)
    Mortgage pay off date 11/2028. Target 12/2020 :rotfl:
    Current Balance £33921
    Declutter 2123/2016
  • silvercar
    silvercar Posts: 49,608 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    bubbs wrote: »
    Sorry they are big n fresh not happy eggs:o

    They may still be happy? I always wonder how they judge the mood of eggs.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • bubbs
    bubbs Posts: 67,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Morrisons loads of kids toys for £5.00 inc ferrari remote control car
    http://www.hotukdeals.com/deals/morrisons-loads-kids-toys-for-5-inc-ferrari-remote-control-car-2348792
    Sealed pot challenge number 003 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500:T:T £770 for 2018 £1295 for 2019:j:j spc number 22 £1,457Stopped Smoking 22/01/15:D:D::dance::dance:- 5 st 1 1/2lb :dance::dance:
  • bubbs
    bubbs Posts: 67,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    silvercar wrote: »
    They may still be happy? I always wonder how they judge the mood of eggs.

    :rotfl: i will be happy when i ust them, i like eggs:D bought them as needed eggs and they compared well:o
    Sealed pot challenge number 003 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500:T:T £770 for 2018 £1295 for 2019:j:j spc number 22 £1,457Stopped Smoking 22/01/15:D:D::dance::dance:- 5 st 1 1/2lb :dance::dance:
  • bubbs
    bubbs Posts: 67,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Up to 75% off christmas gifts plus an extra 20%off this weekend only @ MandM Direct
    http://www.hotukdeals.com/deals/up-75-off-christmas-gifts-plus-an-extra-20-off-weekend-only-mandm-direct-2348696
    Sealed pot challenge number 003 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500:T:T £770 for 2018 £1295 for 2019:j:j spc number 22 £1,457Stopped Smoking 22/01/15:D:D::dance::dance:- 5 st 1 1/2lb :dance::dance:
  • silvercar
    silvercar Posts: 49,608 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    miss_corerupted wrote: »
    The land is in our name which we bought with a loan.

    We set up a partnership for the sheep business in our names and use the land for it but its not an asset of the business.

    Tax is so confusing, when we get this 1st year done we should be ok though

    Try posting on the tax board, they may know more.

    Is this partnership registered as a company or is it you & OH just using a separate bank account for the sheep business?

    Even if the bank account is called "corerupted sheep" but it is your (&OH)'s account really then tax wise you consider it all to be your own. It is only if it is a legal separate entry you account for it separately.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • bubbs
    bubbs Posts: 67,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    God help us when savvy sees this:D

    Golden Wonder Normous Noodle Pot (All Varieties = 112g / 115g /116g) was 87p now ONLY 50p (Rollback Deal) @ Asda
    http://www.hotukdeals.com/deals/golden-wonder-normous-noodle-pot-varieties-112g-115g-116g-was-87p-now-only-50p-rollback-2348738
    Sealed pot challenge number 003 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500:T:T £770 for 2018 £1295 for 2019:j:j spc number 22 £1,457Stopped Smoking 22/01/15:D:D::dance::dance:- 5 st 1 1/2lb :dance::dance:
  • bubbs
    bubbs Posts: 67,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Duvet sets Inc. pillowcase £1.00 @B&M all sizes (was £16.99)
    http://www.hotukdeals.com/deals/duvet-sets-inc-pillowcase-1-b-m-sizes-was-16-99-2348778
    Sealed pot challenge number 003 £350 for 2015, 2016 £400 Actual£345, £400 for 2017 Actual £500:T:T £770 for 2018 £1295 for 2019:j:j spc number 22 £1,457Stopped Smoking 22/01/15:D:D::dance::dance:- 5 st 1 1/2lb :dance::dance:
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