Tax return time!

W3Schools

katykicker

I am a 20 something stay-at-home-wife from Essex.
Staff member
Joined
Nov 14, 2014
Messages
6,066
Likes
414
Points
343
Location
Harlow
Website
katykicker.com
*Waits until mid Jan 2019*

I was actually organised last year because I wouldn't have go my full mat allowance without paying NI and didn't want the complication of having to pay twice and wait to be reimbursed. Always seems so daunting but then wonder why I didn't get it out the way sooner!
My easiest yet, I've saved enough, I kept really organised records and at the last minute I worked through and found a couple of £1000 more of expenses which saved me some nice monies.
 

Littlemissraining

Well-Known Member
Joined
Mar 31, 2018
Messages
49
Likes
16
Points
58
Age
33
Hello!

With regards to mystery shopping you should be putting it through as follows:
Fee + reimbursement = income
Item you had to pay for = expense

As you had to buy the item you're expensing in order to earn the fee + reimbursement for that job.

If you earn less than £6,205 then on your tax return it'll calculate £0 NICS due and ask if you WANT to pay voluntary NICs. They're scrapping these in April 2019 so that'll soon be gone x

Hope this helps :)
I thought so, but thanks for confirming! I've not done any mystery shopping yet, but got my first one next week. Looking forward to it!
 

Falanouc

Well-Known Member
Joined
Jan 7, 2016
Messages
870
Likes
71
Points
48
My easiest yet, I've saved enough, I kept really organised records and at the last minute I worked through and found a couple of £1000 more of expenses which saved me some nice monies.
Just realised this will be my 11th SA o_O Time flies!
 

Jon

Administrator
Staff member
Joined
Oct 17, 2013
Messages
23,475
Likes
1,967
Points
283
Age
37
Location
Leeds

Queen Jess

Money Shed Royalty!
Staff member
Joined
Nov 28, 2017
Messages
575
Likes
184
Points
143
Age
36
Website
www.circuseveryday.co.uk
So just for light relief... My dad told me that nothing ever changed on my grandad's return and he used to send the form back each year just with "same as last year" written at the top without anything else filled in. They never questioned it!

Those were the good old days!
 

Jon

Administrator
Staff member
Joined
Oct 17, 2013
Messages
23,475
Likes
1,967
Points
283
Age
37
Location
Leeds
Just a warning

I've been getting a lot of these Spam emails in my mailbox recently

Obviously, it's utter bollocks but keep ya eye out!

 

TMSPRESTO

TotallyBlogging

Members online

Forum statistics

Threads
4,855
Messages
137,759
Members
7,108
Latest member
ADV143

Latest profile posts

It’s beginning to look a lot like Christmas
Paying off the mortgage.....
Planning to get in the Christmas spirit now - I've dug out the cards, wrapping paper etc
Jon
Have some Christmas cheer on TMS!