As one of the few messengers that pay tax i decided to investigate working tax credits, and Im glad i did, i just found out that im entitled to £200 a month!!
so anyone else who is honest and pays their taxes, check it out one simple phone call and they send you everything you need to claim.
and don't forget to claim your mileage allowance on top of your gear such as clothes and bike which let's you claim 20p per mile. Over the year, it comes to a big chunk of money!!
how do i go about paying tax. do i need to contact a free advice legal service or something? typical messenger money, ~£300 a week, paid direct into bank account. 250 miles, ten hour day...worth it?
already claiming back the mileage, plus everything else from phone credit to clothes, hell im even trying food, worth a try not sure where the law stands on that.
All I did was tell hmrc that im self employed and they register you, My national insurance is £32 every 3 months and i claim back around £50 a week in mileage plus everything else which normally means i have about at least £80 in expenses.
Its a pain in the arse sometimes working out your mileage but it worth it at the end of the year if you do pay taxes.
I will do when it comes to next year when i have to file a tax return. i dont have to do one this year as i only came back to the uk in january. I'll probably use the company accountants, they seem pretty good
This hadn't occurred to me in all the years i've been involved with this industry - i shall ask our fleet department to find out, though if anyone can point me in the right direction i'd like my fleet to know about it.
Your company shou;d be able to give a good idea of your working mileage, as it is the basic principle on which they charge - i'd certainly be happy to do this for any of our chaps and chappesses - and from that you can probably make a good estimate of your "dead" mileage.
I don't see why you would work out your mileage, just get an average and use that, I use to put 70 miles a day, which was quite realistic.The tax man is never going to tail you to get a more accurate figure.
Anyway I second using an accountant, the guy me, Mike and Gertie use is pretty good. Saves you a massive headache, a stack of cash and being up all night every 30th January.
based on this, there is no benefit (besides everything being above board/being moral/contributing to society/whatever) that i can see for me to pay tax, correct?