HMRC's Electricians Tax Safe Plan - Help!

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No need to forward the post as it states in the invite from HMRC........they spy on forums anyway............. Dave you've done it now, you've told them you have savings they will now be formulating a new tax to get a % of your savings..................

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Right gotta go & do some work now.

 
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Quote"Right gotta go & do some work now."

You still doing them cash jobs for that taxman M??

 
Your memory is playing tricks.. Deke..either that or its just another case of professional electricians not knowing their own trade very well...

:_|

The accident occurred in 2004...

and the requirement for safe zone usage or a depth of 50mm or greater has been around well before that..

reg 522-06-06 was certainly on page 84 of the yellow book 1992..

which is a good 12years before hand

:(

:C
Yes its there in the 16th but by taking the option of using the safe zones I'd forgotten that the 50mm deep thing was ever there. Never had occasion to bury a cable 50mm deep.TBH

My only excuse for being a total idiot is that I find it immpossible to remember every Electrical Regulation for fear that my brain will explode ;) :coat

Brian is supposed to know all this stuff but I'm begining to have my doubts :C

I

 
Belive it or not here is a little tale of warning: (not recent but valid all the same)

Job to wire out a mid terrace town house loft conversion, submain upto loft DB in loft 4x circuits. not a big job so priced accordingly in the region of

 
......The lady of the house pipes up "well pay now if you want, the plumber did a deal for cash"

Well if you want to pay cash thats fine but the deal will be what was on the quotation in the total ammount box & it will go through the books as normal (something my old man always said & did & I've been the same), but I would rather wait until you have an invoice.

a few days later I get a cheque in the post with a compliment slip Mrs *. **** senior specialist tax inspector blah blah blah .... with a hand written message thanking me for a job well done & for being an honest trades person.

I suspect the plumber was in the doo doo.
Now if the Police had done that, then when it got to court, the case would be thrown out, I think they call it "entrapment"

But knowing HMRC seem to be a law unto itself, I have a feeling that defence would not work.

 
Look at you prodave!!! You got nothing better to do with your non part p semi retirement life than chase plumbers!!! :slap

 
Oh ! Is there no Part P in Scotland , well fancy that ,there,s a revelation , Dave must have hours and hours of spare time on his hands not spending three days a week notifying jobs, being

 
If your doing a deal with a customer for cash its because its safer prompt payment that goes into the bank that day, not like a bouncy cheque. Thats the only reason for the discount. There is nothing wrong with taking cash as payment or even a discount for cash, its what you do with it.

 
I wouldn't take the risk some customers as previous post you don't know who they are, and after being asked to go for a meeting when I was 14 due to not being self employed registered I don't fancie that again!

 
My boss loves it when people offer to pay cash. He always gives a receipt there and then and declares it to HMRC. He thinks that if he has receipts to show for cash payments, they are less likely to think he is hiding anything.

 
The moral is you never know who the customer is or might work for.
Did you declare the bacon rolls and biscuits, aren't they considered "payment in kind"? :innocent

Good on you for doing things above board, but if your customer had been interested in you in her professional capacity, you'd not have known about it for at least a year, not until you'd submitted your tax return for that year. That's when you get a visit, they ask you if you might have forgotten to declare anything. When you claim to be 100% genuine, that's when they "remind" you of the cash job. Busted!

Sellers is right, how you are paid, and what you do with it is up to you, you can demand to be paid in bags of flour (or bacon rolls) if you like. So long as you have declared it properly in your tax return at the end of the year. (No, I have no idea how many bacon rolls your allowance covers)

 
Last year I declared a load of Bacon Butties and cups of tea as unearned sustanence.

Just had a 2 sausage rebate .
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My sister works for hmrc and she asked me to go give her boss a quote for a rewire

Gets there, gives quote and the guy asks outright 'what will you do it for for cash?'

My reply was 'i know what job you do so im assuming your winding me up'

But he wasn't he said he was no different from anyone else and just wanted to save a little cash

Top boss local tax office

Talk about devil advocate

I just said I don't work that way and didn't get the job either lol no loss that one :rolleyes:

 
A guy i know is a employed panel beater & sprayer. He does a lot of private work from his very large home garage, all cash. Also they always ask & pay all workmen cash & his wife is a senior inspector for HM revenue & customs

 
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