Finally Debt Free After 34 Years, But Still Need to Live Frugally

Sun_Addict · 22 January 2020 at 8:15PM

Fabulous news :j

I'm so pleased you enjoy your job so much

Willowtree222 · 22 January 2020 at 8:33PM

Great news about the tax rebate. That is fantastic. xx

elizabethhull · 22 January 2020 at 11:47PM

Lovely news re the tax rebate :T:T:T

[Deleted User] · 23 January 2020 at 8:19AM

Brilliant news about your tax rebate and your pay:T:j:beer:

teafor2 · 23 January 2020 at 9:44AM

Morning HHD

Excellent news on the tax rebate, even if it does go towards paying the VAT bill. Fingers crossed there'll be some left over for a nice treat for you. xx

[Deleted User] · 23 January 2020 at 12:00PM

I'm still a bit confused (doesn't take much:o) about your VAT situation. I recall your mentioning that your DH's business is always below the threshold for paying it and you were going to opt out. If you always get the amount you paid back why bother with it in the first place? It only takes valuable time and admin. I know things will have eased financially for you this month with your pay:j but when it was a case of your being really worried about the other bills, putting the heating on, food etc just to pay the VAT bill which would be reimbursed at a later date anyway it doesn't seem logical to me.

I think you mentioned it was so people DH was doing work for thought his business was bigger/more successful than it currently is when they saw he was VAT registered. I doubt anyone is fooled by that to be honest. Most of the people/companies he does work for will know he is a sole operator although I know lots of sole operators also make megabucks so I'm not really putting a valid case am I?:rotfl:. It's just that I can't really understand why anyone would want to make extra and unnecessary work for themselves.

Anyway,just a thought. Please tell me to mind my own business;)