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Author Topic: Tax - accountants, deductible expenses, general information  (Read 47286 times)

Honeyxx

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Re: Tax - accountants, deductible expenses, general information
« Reply #420 on: 18 November 2021, 02:11:10 pm »
Does the sea sponges used to work on our periods count as an tax deductible expense ? Xx

English Green

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Re: Tax - accountants, deductible expenses, general information
« Reply #421 on: 18 November 2021, 02:14:58 pm »
Does the sea sponges used to work on our periods count as an tax deductible expense ? Xx

Hahaha not sure what to think of that. If you was going to put sponges in as a expense then why not perfume, make up etc or baby wipes?

Kay

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Re: Tax - accountants, deductible expenses, general information
« Reply #422 on: 18 November 2021, 02:34:28 pm »
Hahaha not sure what to think of that. If you was going to put sponges in as a expense then why not perfume, make up etc or baby wipes?

They are all valid business expenses so long as they're used *specifically* for sex work.
"There is no sin except stupidity" - Oscar Wilde

English Green

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Re: Tax - accountants, deductible expenses, general information
« Reply #423 on: 18 November 2021, 02:36:28 pm »
I have never put anything like that in before just adverts, hotels, special oils etc. Make up i use all year round and perfume whether working or not.

MsRedhead

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Re: Tax - accountants, deductible expenses, general information
« Reply #424 on: 18 November 2021, 10:09:22 pm »
Does the sea sponges used to work on our periods count as an tax deductible expense ? Xx

yes

Caledonia

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Re: Tax - accountants, deductible expenses, general information
« Reply #425 on: 19 November 2021, 09:30:00 pm »
I have never put anything like that in before just adverts, hotels, special oils etc. Make up i use all year round and perfume whether working or not.

I've never included them either even though I dont really use outside of work. I just think it's too difficult to prove they were only used for work. Same with things like outfits as who's to say I didnt also wear that dress I put through on a Uni night out.

English Green

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Re: Tax - accountants, deductible expenses, general information
« Reply #426 on: 19 November 2021, 09:48:40 pm »
I've never included them either even though I dont really use outside of work. I just think it's too difficult to prove they were only used for work. Same with things like outfits as who's to say I didnt also wear that dress I put through on a Uni night out.

I was always advised by my accountant to avoid putting things down that look like they are used in personal life or what HMRC could view as pushing the line that bit further because if they audit you and find some things odd or bizarre they could go through all past tax returns etc but obviously people should do as they see fit it's all just different opinions at the end of the day. If you want to know for sure ask HMRC and see what they say is the best option.

Milf-G

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Re: Tax - accountants, deductible expenses, general information
« Reply #427 on: 20 November 2021, 08:20:28 pm »
My accountant is one of my clients, he's been absolutely brilliant.

Channellene

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Re: Tax - accountants, deductible expenses, general information
« Reply #428 on: 30 November 2021, 10:02:48 pm »
Hi this is my first post here! I’ve read a few post about the above but wanted to give my situation see if you could help. So I’m a single mother of 5, was working as an escort after a 11 year break still am haven’t declared any earnings as of yet. I’ve taken a 30 hour a week job on this week and got myself in a stress as I have no time to do my escorting and i don’t want to give it up I love it and tbh I didn’t need a 30 hour job im no better off than if I had a 16 hours with my actual professional job. I took the 30 thinking I cud boost my u overall credit up however I’ve made myself miserable as im not doing my escort earnings.

So my question is do I go self employed… but can I really say im a nail technician or massage therapist without a business plan or valid certificates. What other work could I say to be self employed?

Do I do 16 hours in a different job and one day escorting so I’m happier and fitting it around my children as this new job is wanting me in over Xmas and I’m literally panicking as I don’t want to be away from my kids wen I cud be using the days they get free nursery hours to earn a lot more to make me happy and with my children over the holidays.

Caledonia

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Re: Tax - accountants, deductible expenses, general information
« Reply #429 on: 30 November 2021, 11:42:56 pm »
So my question is do I go self employed… but can I really say im a nail technician or massage therapist without a business plan or valid certificates. What other work could I say to be self employed?
You can say you're doing anything, HMRC dont care as long as you're declaring your earnings.You dont need to show anything to them except proof of earnings and expenses and that can be as simple as keeping an appointment diary and receipts from any expenses, but HMRC aren't going to ask to see certificates or a business plan.
« Last Edit: 01 December 2021, 09:37:40 pm by Caledonia »

Gypsy

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Re: Tax - accountants, deductible expenses, general information
« Reply #430 on: 01 December 2021, 08:46:08 am »
You can say you're doing anything HMRC dont care as long as your declaring your earnings.You dont need to show anything to them except proof of earnings and expenses  and that can be as simple as keeping an appointment diary and receipts from any expenses, but HMRC aren't going to ask to see certificates or a business plan.

Yeah, my accountant has got me down as an entertainer and for general expenses like clothing, condoms, toys etc I just put them down as miscellaneous items  :)
These days there are no Prince Charmings. A girl just has to be her own hero

HiddenTalents02

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Re: Tax - accountants, deductible expenses, general information
« Reply #431 on: 23 April 2022, 08:20:52 am »
Hi,
So I’m doing my taxes form and I’m wondering about client eye.
I’ve paid for ad free version since last year. Is that something I can put down as an expense?
Wasn’t sure since I can get it for free but I want ads free.

Mirror

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Re: Tax - accountants, deductible expenses, general information
« Reply #432 on: 23 April 2022, 08:43:32 am »
Hi,
So I’m doing my taxes form and I’m wondering about client eye.
I’ve paid for ad free version since last year. Is that something I can put down as an expense?
Wasn’t sure since I can get it for free but I want ads free.

Yes doesn't matter if you can get it for free, it's a business expense.

Condoms are free from GUM clinics but many decide to buy their own, they are a business expense.

HiddenTalents02

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Re: Tax - accountants, deductible expenses, general information
« Reply #433 on: 23 April 2022, 09:08:36 am »
Thanks mirror :)
Great example too, didn’t even think of that.

Olivia715

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Re: Tax - accountants, deductible expenses, general information
« Reply #434 on: 20 May 2022, 12:58:33 pm »
Okay thank you for that!

My tax question is, do we need to provide invoices? How would we manage to do that? Or do they take our word for it. I can’t imagine a situation where a client would sign an invoice  :-\

I also have questions about working abroad (setting up a website for that country, but I’m thinking of keeping things simple for now. The country I plan to go to, this is illegal, but weirdly at the same time has the most developed industry on the planet due to everybody using the workarounds (Japan), so I’m going to have to think more on that.