Tax return time!

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katykicker

I am a 20 something stay-at-home-wife from Essex.
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*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

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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

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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

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Queen Jess

Money Shed Royalty!
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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

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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!

 

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