nadmaj
12-04-2008, 12:22 PM
I've been looking at the percentage i can claim but i fall in between two %ages so not sure which one would be most suitable?
i worked 18hours a week so
do i claim for 17% @ 20hours a week or
12 % @ 15hours a week
any help would be great
thanks
sorry just worked it out - heard my brain go "ping"
sarah707
12-04-2008, 03:52 PM
Happy to hear you've sorted it! Here's the link for anyone who needs it... :D
http://www.hmrc.gov.uk/manuals/bimmanual/bim52751.htm
Spangles
13-04-2008, 07:34 PM
Okay, are you ready? Here's my next daft question!
I'm adding up my hours worked per week at the moment but I am adding up precisely ie. using the sign in and sign out times, should I be using these or the contract hours (which would be easier!!!)?
I.e. contract hours 12.00 to 3.00 (3 hours or 180 mins)
sign in/sign out 11.59 to 2.58 (2 hours 59 mins or 179 mins)
Thank you!
ma7ie
13-04-2008, 07:36 PM
I'd definately use contract times. Might be wrong though. :D
sarah707
13-04-2008, 07:44 PM
My opinion... life's too short to worry about the odd minute and it'll be much easier to add up if you do it by the contracted times!
Having said that, I am not for one moment suggesting your accounts should not be as accurate as possible and if you were consistently 10 / 15 or more minutes out, I would look at it again. :D
miffy
13-04-2008, 07:45 PM
I'd definately use contract times. Might be wrong though. :D
I'd agree with marie but don't know if that's right :rolleyes:
miffy xx
Spangles
13-04-2008, 07:46 PM
Oh, why didn't I do this as I was going along! Ha ha!
Glad I've only been working part-time or I'd go nuts!
Thank you - I'm going to do it accurately - well, as accurately as my maths allows!
Spangles
13-04-2008, 08:34 PM
Right, all my precise hours are now added up -didn't take that long really thank goodness and I know it's all exact!
Now I'm confused! Two questions!
First one - for quite a few weeks I did less than 10 hours work so that means I have no per centage to claim I take it?
Second one - I paid £35 p/month for gas so say for w/c 3rd September I worked 15 hours (12%) I have calculated it like this but I think it must be wrong!
£35 divided by 30 days in Sept x 7 days in a week x 12% ????
Is that how you would do it or have I gone accounting barmy?
I am so sorry to be so dim! No-one else has had to ask these stupid questions!!!!!
Sorry, sorry, sorry!
Right, all my precise hours are now added up -didn't take that long really thank goodness and I know it's all exact!
Now I'm confused! Two questions!
First one - for quite a few weeks I did less than 10 hours work so that means I have no per centage to claim I take it?
Second one - I paid £35 p/month for gas so say for w/c 3rd September I worked 15 hours (12%) I have calculated it like this but I think it must be wrong!
£35 divided by 30 days in Sept x 7 days in a week x 12% ????
Is that how you would do it or have I gone accounting barmy?
I am so sorry to be so dim! No-one else has had to ask these stupid questions!!!!!
Sorry, sorry, sorry!
you are not dim hun.
you would just work out 12% of £35 and enter that figure once a month.
thats what i do anyway.
but i might not be the best person to advise you, im sending mine off to accountant tomorrow!!
Spangles
13-04-2008, 08:56 PM
I'm really, really confused.
I'm going now to watch Supernatural and look at this with fresh eyes tomorrow!
Thanks Lou.
sarah707
13-04-2008, 09:14 PM
The hours you work tell you the % you can claim... once you've got the % figure you can forget about the hours...
So you know your % is 12%... and your total = £35...
Like Lou says, 12% of £35 = £4.20
Hope that helps! :D
manjay
13-04-2008, 09:18 PM
You say it so much better than I could! Lol
I have been trying to put that into words and have just seen you have answered
sarah707
13-04-2008, 09:22 PM
Probably because I am pretty hopeless at maths!
It has to be explained to me really well and be really obvious to me or I can't do it! :laughing:
Spangles
14-04-2008, 08:17 AM
I think I'm getting more and more confused!
In September I only worked two weeks, one works out at 20% and the other at 21% and I paid £35 for the month for gas.
So, I have done this:
£35 divide by 30 days of Sept x 7 days for a week x 20% and
£35 divide by 30 days of Sept x 7 days for a week x 21%
then added the total together which comes to £1.63 for first week and £1.72 for the second week = £2.83
Is that right for September?
That's wrong isn't it?
NikNak
14-04-2008, 09:00 AM
Your confusing me now and im sat here questioning myself!
Do you use the ncma books?I do so i work it out weekly.
Firstly i got my monthly/ yearly utility bills and worked out how much it costs for each bill per week then i look how many contracted hours i have worked that week and work out the relevant % of the weekly utility amount.
I wrote down the cost of each utility bill in a book with the figures worked out for yearly, monthly, weekly and wrote a reminder of the % for different hours worked. So now every fri i can quickly just look at my notes and work out the figures. It is usually thje same as work same hours most of the time.
Does this help? Or am I doing it all terribly wrong!!!!!!!!!!!!!! x
crazybones
14-04-2008, 09:09 AM
I think, if I have read it right, I do it that way too. :thumbsup:
sarah707
14-04-2008, 09:39 AM
Firstly i got my monthly/ yearly utility bills and worked out how much it costs for each bill per week then i look how many contracted hours i have worked that week and work out the relevant % of the weekly utility amount.
I wrote down the cost of each utility bill in a book with the figures worked out for yearly, monthly, weekly and wrote a reminder of the % for different hours worked. So now every fri i can quickly just look at my notes and work out the figures. It is usually thje same as work same hours most of the time.
x
That sounds right to me as well! :D
Spangles
14-04-2008, 01:30 PM
Thank you!
I'm still confused so I'm just going to stick with my weird method and to hell with it! It's only a matter of a few pounds so I can't be too wrong!
Hours Worked
10
15
20
25
30
35
40+
Heating & lighting
8%
12%
17%
21%
25%
29%
33%
Water rates
2%
4%
5%
6%
7%
9%
10%
Council tax & housing rent
2%
4%
5%
6%
7%
9%
10%
Wear & tear
10%
10%
10%
10%
10%
10%
10%
Hope this will help you, sorry i can't seem to get the Figures together side by side. If you work say 20 hours aweek and need to take a % off gas look at Heating & Lighting it's 17% off.
John.
Spangles
14-04-2008, 11:22 PM
Thanks John, that must have taken ages to type up!
Had them on my PC for awhile (took me more time trying to post it on here lol so i thought i'll post it, it was done in spreed sheet but couldn't load it up as the forum don't except this file. Hope it as helped.
John.
brillminder
18-04-2008, 04:45 PM
i have used lis'a acoounts package from ebay and for £12 it does it all for you once entred hours and i loved it :) no personal relationship just deceided to buy one to make my life easier :p well worth it
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