10K thingi

[lilelvis2000]

Say today I was having a conversation with my accountant. He said that the 10K thingi still applied - But I'm sure I read somewhere that it didn't. Completely gone. Just wondering as it will definitly affect the tax I'm paying - Its like £1,200 more and obviously next year it will be £1,900 more.

How does that 10K thingi work now?

[xoggoth]

Assume you mean CT, ain't a 10k thingy to my knowledge since April 2006. 19% (and rising) on all earnings.

[xoggoth]

Assume you mean CT, ain't a 10k thingy to my knowledge since April 2006. 19% (and rising) on all profits.

[exbrm]

Huh!

Say today I was having a conversation with my accountant. He said that the 10K thingi still applied - But I'm sure I read somewhere that it didn't. Completely gone. Just wondering as it will definitly affect the tax I'm paying - Its like £1,200 more and obviously next year it will be £1,900 more.

How does that 10K thingi work now?

WTF are you on about?
Have you ever, in your life, had to write a letter to people you do not know and expect them to understand your rambles?
FFS - do you actually charge for your services? If it's charity then I apologise.

[DiscoStu]

WTF are you on about?
Have you ever, in your life, had to write a letter to people you do not know and expect them to understand your rambles?
FFS - do you actually charge for your services? If it's charity then I apologise.

Oh dear, are we having an angry day?

[exbrm]

Oh dear, are we having an angry day?

YES! WHAT'S IT GOT TO DO WITH YOU! DS?!

OK - we are both having a dig, but come on, this is a naff posting.
Verbal diarrhea.
HMRC has laid down the gauntlet to freelancers to behave like business's in their own right and act accordingly. Some of the postings on this website lead me to despair. "Can I claim my new sofa, my ipod, my normal lunch, my parking fine, myCo Xmas do?", etc., etc.
My view is - if you are not up for it (or fit for it) go brolly and don't tar the rest of us with the same brush.
No use anyone having a laugh and snigger behind Hector's back if you are not prepared to face them in court - think about it!
Try a look at a serious forum > http://www.pcg.org.uk > if you want more persuasion (free to view but members only to comment).

[lilelvis2000]

Boo hoo hoo. Sorry I'm not a lawyer and don't use precise language. If you wanna speak t' dem Don't hang around here. I've been on here long enough to know what passes for a reasonable post.

[lilelvis2000]

Assume you mean CT, ain't a 10k thingy to my knowledge since April 2006. 19% (and rising) on all earnings.

That's what I thought...Hmmm time to change accountants???

[exbrm]

Verbal diarrhea.

[QUOTE=lilelvis2000;357737] Sorry I'm not a lawyer and don't use precise language. If you wanna speak t' dem Don't hang around here.QUOTE]

Enough said, dear ..........

[lilelvis2000]

That's Mr. Dear to you.