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Author Topic: Tax - accountants, deductible expenses, general information  (Read 31024 times)

Kay

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Re: Tax - accountants, deductible expenses, general information
« Reply #30 on: 05 February 2016, 03:07:53 am »
I've read numerous threads about declaring occupation to the tax man and some of you say that you say that you're a therapist, counsellor etc.

But if you put a false job title down, how do you get round the issue of claiming back expenses for things like lingerie and sex toys?

I'm not afraid of phoning HMRC and saying that I'm an escort, but I'm worried that if I do get another job at some point in the future, would 'escort' be shown on any employers documents?  :-[

Because that level of detail is not needed for your tax return. You'd only need to show proof of purchase for e.g. a dildo if you were ever the subject of a tax review/inspection.
"There is no sin except stupidity" - Oscar Wilde

Mirror

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Re: Tax - accountants, deductible expenses, general information
« Reply #31 on: 05 February 2016, 06:00:14 am »
As far as I'm aware future employers only get to see a tax code, and no detail about your previous self-employment.

Gypsy

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Re: Tax - accountants, deductible expenses, general information
« Reply #32 on: 05 February 2016, 10:43:42 am »
As far as I'm aware future employers only get to see a tax code, and no detail about your previous self-employment.

That's great!  ;D
These days there are no Prince Charmings. A girl just has to be her own hero

Mirror

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Re: Tax - accountants, deductible expenses, general information
« Reply #33 on: 05 February 2016, 01:22:25 pm »
As far as I'm aware future employers only get to see a tax code, and no detail about your previous self-employment.

That's great!  ;D

You could phone HMRC and ask them to confirm this. I declare as 'Escort' and the stuff they send in the post does not contain my job title. My return does have this on one of the pages.

I actually had a need to show the authorities that I do declare as Escort, and to do this (because I didn't want to show my return) I had to request a letter from HMRC explicitly saying so.

What I'm trying to say is that whatever you declare as isn't shouted from the rooftops, however there are proposals afoot to make the HMRC database available to third parties on an 'anonymous' basis. I don't know how much detail would be made available, and it's one reason to oppose this move. Don't know about you but postcode, job title, earnings would be a bit too much detail.

kassandraM

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Re: Tax - accountants, deductible expenses, general information
« Reply #34 on: 20 February 2016, 05:14:25 pm »
Hey girls,

I hired an accountant few weeks ago and I registered with HMRC as being a theraphist. I told him that I do not want the word "escort" on the documents. However, I asked him about the expenses - I am not thinking to claim condoms as expenses but I want to claim expenses for lingerie, advertising etc - and he told me that it would not be ok to claim expenses which are not related to the job of theraphist. I read in another topic that I can claim for whatever is relevant to my job (no matter how I am called on the documents). So my question is: can I claim expenses for advertising (adultwork etc) and for lingerie, lubes, bed linens etc ?

Thanks for your time x

Kay

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Re: Tax - accountants, deductible expenses, general information
« Reply #35 on: 20 February 2016, 06:35:04 pm »
Therapy could cover massaging, so things like bedding, towels and 'oils' (lube) become claimable, likewise special clothing. That pretty much only leaves condoms, but unless you're unlucky enough to be the subject of a thorough reviews, these can be claimed under 'sundries'. Likewise your advertising - HRMC don't need the exact details unless they decide to check you out.
"There is no sin except stupidity" - Oscar Wilde

kassandraM

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Re: Tax - accountants, deductible expenses, general information
« Reply #36 on: 20 February 2016, 06:58:31 pm »
Therapy could cover massaging, so things like bedding, towels and 'oils' (lube) become claimable, likewise special clothing. That pretty much only leaves condoms, but unless you're unlucky enough to be the subject of a thorough reviews, these can be claimed under 'sundries'. Likewise your advertising - HRMC don't need the exact details unless they decide to check you out.
[/quote

Thank you for you reply. You are right. But what about advertising on adultwork or other websites ? would this be a problem?

Caledonia

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Re: Tax - accountants, deductible expenses, general information
« Reply #37 on: 20 February 2016, 09:19:14 pm »
As has been said Hmrc do not care what you call yourself as long as you are paying your taxes, as has been said you can claim for anything used wholely and exclusively for work, it doesn't matter what you put on the form.

kassandraM

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Re: Tax - accountants, deductible expenses, general information
« Reply #38 on: 20 February 2016, 09:38:54 pm »
Thank you very much !

Xx

CassieLove

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Re: Tax - accountants, deductible expenses, general information
« Reply #39 on: 21 February 2016, 08:37:38 am »
I have just filed my first Tax Return and Accounts, I found an Accountant through Tax Relief 4 Escorts and can't recommend him highly enough.

He is friendly and approachable and talks about deductions for Lube and Condoms as though we were discussing the weather!

He is now helping me with my Company accounts (non-escort related) and I am happy to pass on his details if anyone needs a good accountant.  :)



Fabulassie

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Re: Tax - accountants, deductible expenses, general information
« Reply #40 on: 21 February 2016, 12:30:41 pm »
You can also be a sex therapist. I have used the "therapy" excuse, babbling on about "employing a combination of talk therapy with body work."

The worst that can happen is, upon an audit, some claims being rejected and then you pay the income tax on that amount of income. It's not fraud unless you are concealing income or lying.

kassandraM

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Re: Tax - accountants, deductible expenses, general information
« Reply #41 on: 21 February 2016, 01:51:46 pm »
You can also be a sex therapist. I have used the "therapy" excuse, babbling on about "employing a combination of talk therapy with body work."

The worst that can happen is, upon an audit, some claims being rejected and then you pay the income tax on that amount of income. It's not fraud unless you are concealing income or lying.

Great news !! That's amazing!! Not a big problem. I thought that there might be some serious problems. Thanks a lot x

kassandraM

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Re: Tax - accountants, deductible expenses, general information
« Reply #42 on: 21 February 2016, 01:53:45 pm »
I have just filed my first Tax Return and Accounts, I found an Accountant through Tax Relief 4 Escorts and can't recommend him highly enough.

He is friendly and approachable and talks about deductions for Lube and Condoms as though we were discussing the weather!

He is now helping me with my Company accounts (non-escort related) and I am happy to pass on his details if anyone needs a good accountant.  :)

I found myself on Tax Relief 4 escorts too. He is also nice and easy to talk with but I feel like he is not professional enough. I don't really know what to say about this.
Btw ... What about the price? I am paying aroun ?700/year. Is this a fair price? I have no ideas what's a fair price for this service.  ::)

meetingdiversity

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Re: Tax - accountants, deductible expenses, general information
« Reply #43 on: 21 February 2016, 02:22:52 pm »
I pay ?300 a year for mine with unlimited phone and emails. He is very professional in Wales. Some accounts bump thier prices up for escorts. It's good to shop around before paying.

kassandraM

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Re: Tax - accountants, deductible expenses, general information
« Reply #44 on: 21 February 2016, 02:42:12 pm »
I pay ?300 a year for mine with unlimited phone and emails. He is very professional in Wales. Some accounts bump thier prices up for escorts. It's good to shop around before paying.


Wow. This sounds like a fair price. ... Well... I am in London and I prefer meetings face to face from time to time.  However,  I think I pay a bit too much than I should pay .... Hmmmm ... Basically I hired him at the beginning of the month. I didn't registered with HMRC yet ( I will in May ) because he told me to wait until I will rent my own flat ( i live with family now and I don't want to receive letters from HMRC where I live now ). However, I started my business in November. He told me that is going to be ?720/year. This means that I need to pay another ?720 starting with 6April 2016 !?? God .... Too much money for nothing ....