What I do! Jeunesse & Stampin' Up!

sparkleandshine

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£500 a month is good for mlm but you're way under the tax threshold if you're on that, so I presume when you're talking about paying tax you mean taking into account your earnings from your other jobs too?

People on here just like to know the full story and they're not going to let anyone get away with saying they're earning loads of money and their life is wonderful and so on in an attempt to get others to sign up for something, without providing the facts and figures to back up what you're saying
 

EsElleK

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Jan 11, 2015
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I have a part time job :) taxed and NI, then I pay tax and NI on the self-employed earnings. I'm a bit scared to go haphazardly spending the money and going out and buying stuff, once the tax return is finished I will know what £s I have left. I guess it is being safe, as know that there are people who don't declare they are self employed and then get a surprise from the tax man. Having been with Stampin' Up! for a few years, this will be the first time that I will be paying tax/ni in my self-employed capacity.

£500 zero hours, I used my retail commission to clear the debt

Like anyone that does surveys etc for a couple of hours a day, that is me. I generally spend an hour or more guiding and helping my team to achieve, keeping my social sites up to date as well as having a life outside of Jeunesse :) Some days I can have a relax, some days I can be missing my dinner!

I would say that for anyone considering a MLM, check the company out. Check the http://directsellingnews.com/index.php/view/2015_dsn_north_america_50_list#.VTt7163BzRY and see where companies are up in the list, check the Global 100, consider the compensation plan (when Younique gave me the ultimatum, them or Jeunesse, I chose to jump)

I'll let you do the math to give you an idea on what I can achieve in addition to retail commissions - I am at Pearl
http://jeunesse.esellek.com/wp-content/uploads/2015/04/04_Opportunity-Rev112014-JCLOUD.pdf

Now I am off to clean the chickens and take the kidlets swimming afterwards, so feel free to email me sarah.jexecutive@gmail.com or peruse the website for further info www.ageless-worldwide.com


PS I've had several emails pop into my inbox regarding IPAS2 - does anyone know what this is??
 

katykicker

I am a work from home Mum from Essex.
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If you are only making £6000 a year from your self-employed earnings then you shouldn't be paying any tax unless your part-time job comes to more than £4000 a year. Without wanting to sound rude/harsh, you're more than likely wasting money on an accountant, especially if you have one main income stream from your part-time job and one online. It is very straight forward.

You just need to track incomings, outgoings and expenses on a spreadsheet. Then you can declare it yourself. You can use the simplified expenses to work out what to declare with regards to expenses working from home, if you need any advice for next tax year just ask :) You're much better off just doing these things yourself, I know as I am both employed and self-employed and used to pay someone a small fortune to do it for me.

I know what you mean about people not declaring, I know quite a few online and offline I'm sure. But they rarely get caught, particularly with online earnings. Pisses me off to be fair but I'd rather do things by the book and know I can continue on the way I am indefinitely hopefully :)

For the record I don't really mind if you didn't want to give specifics, just figured I'd ask, worst thing you could say is no :) Well done for having a go at being self-employed and while the products aren't for me (I have my favourites for my fussy skin) I hope you can do well :) I do know though that a lot of people are loathsome to join MLM, where lets face it you DO have to put some effort in (like most things but surveys and the like are mind numbingly easy usually), without knowing the actual facts. Which people are ALWAYS evasive about.
 

EsElleK

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Jan 11, 2015
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www.esellek.com
Thanks, sounds like I should give it a punt myself with the accounts and save some of those £s - it is an income from the 'day job' and the self employed so just those two to work - any assistance gratefully received :) I've got my 'receipts' box, although as I send off a sheet of what I have paid out each month and give a print of my commissions, I could quite easily do it myself I guess (I'll be 'freed' up in a couple of weeks what with the last module of my OU Hons degree nearly over and then some law exams in June, I'll be able to breathe a bit more).

The world is full of different DS/MLM and I feel I have found the one for me which is working :)
 

EsElleK

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Thanks for the kick up the bum!! I got my login and went and had a look at the tax return, crikes it is easy!

I have set myself up a spreadsheet on excel and 'sacked' my accountant lol. Organised my receipts and orders etc into little files and as soon as something comes in/goes out, I'll log it! Does anyone have a list/link of allowable expenses/is it somewhere on the HMRC website - not yet familiarised myself with it all.
 

katykicker

I am a work from home Mum from Essex.
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Anything can be an allowable expense really, as long as it is for your business/professional use.

For example some of the bigger things I claimed for in 2014/5 - digital camera + equipment (£1,000+) as used for professional reasons, additional insurance premium for said equipment (only a small amount but still), mobile phone, petrol/expenses for mystery shopping, website hosting, paid plugins, air travel/train travel... There is probably lots more but I can't think right now.

You can be a little bit creative really. For example if you are a food blogger you'd be required to purchase food to photograph, I assume you could claim that too, but not all of your food obviously.
 

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