Making the news today....

[trigger_andy]

I'm not talking cash in hand Andy, I'm talking genuine SE, not fiddle merchants.

Your statement is totally nonsensical if you live in the real world.

 

 

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Ok, you win. I honestly could not care less.

 

 

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[Mark Bolam]

Get in! I love it when I win!

[emoji482]

 

 

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[stihlmadasever]

The self employed electrician I use is in the process of giving up to become a train driver as he thinks the pay, holiday ,pension and four day week is a far better prospect than what he is on now and he has been an electrician for 18 yrs. apparently there are a lot of people applying and it has taken over a year just to get to sit some exams.

 

Hi Mr Kipling,i love your cakes.,except battenburg...thats just awful.Big pat on the back for the french fancies-awesome!

Why only 2 yellow ones in the box though...thats caused many a fall out with me and the Mrs...

[trigger_andy]

Get in! I love it when I win!

[emoji482]

 

 

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gave me a giggle, cheers!

 

 

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[Stubby]

Get in! I love it when I win!

[emoji482]

 

 

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[Mark Bolam]

gave me a giggle, cheers!

 

 

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[emoji106]

 

(I totally know where you're coming from, like).

 

 

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[trigger_andy]

[emoji106]

 

(I totally know where you're coming from, like).

 

 

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Cheers Mark! I hope I'm not coming across as a total D***.

 

 

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[Rich Rule]

I'm not talking cash in hand Andy, I'm talking genuine SE, not fiddle merchants.

Your statement is totally nonsensical if you live in the real world.

 

 

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Sorry Mark, but I fail to see your logic.

 

Take the example of 30k as has been suggested.

 

You are earning PAYE, you want a car. You buy the car off out of your net wage. It costs you 'x'.

 

You are earning as SE. You want a car/need a motor for work. You buy the car. the cost of the car or a portion of it can be written off your profit. You will also get allowances for fuel, servicing, tyres and everything else associated with that car. Regardless if it is for work use or a combination of the two. i.e. differing level and allowances.

 

The list of examples is pretty long.

[difflock]

Indeed, I paid more in PAYE(on about 25k gross ), than a "self-employed" welder cousin did, in a YEAR, even though he was full time employed, by the same firm, for years.

Also aware that that loophole/oversight has long since been done away with.

But in his case "everything" was tax deductible, pickup, clothes, tools etc etc.

Plus aware of the tax breaks=subsidized motoring costs, for starters, enjoyed by most farmers.

cheers

Marcus

[Mesterh]

Sorry Mark, but I fail to see your logic.

 

Take the example of 30k as has been suggested.

 

You are earning PAYE, you want a car. You buy the car off out of your net wage. It costs you 'x'.

 

You are earning as SE. You want a car/need a motor for work. You buy the car. the cost of the car or a portion of it can be written off your profit. You will also get allowances for fuel, servicing, tyres and everything else associated with that car. Regardless if it is for work use or a combination of the two. i.e. differing level and allowances.

 

The list of examples is pretty long.

 

Only the time used while working so realistically you are no better off. Not that that's all I would claim for though, just don't tell anyone.

 

What should happen is if you only claim for what you are entitled too you should be no better off, pound for pound self employed than employed. Well, until you start earning a fair wack then you can probably take advantage of lots of loop holes, get your duck house redecorated etc.