Bank accounts??
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Thread: Bank accounts??

  1. #1
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    Default Bank accounts??

    I was told by another childminder that I should have my fees and payment paid into an account solely in my name for tax purposes. Am a little concerned as have all my fees paid into a joint account but is solely for my incoming and outgoings..

    Any ideas as I am a little worried now

  2. #2
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    Default Re: Bank accounts??

    i have just replied to this in the other thread you asked in lol.

    As long as you know your incomings and outgoings it doesnt matter at all.

    Just keep up to date with your accounts and you should be fine.

  3. #3
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    Default Re: Bank accounts??

    Oh sorry was advised to ask here so did...my only excuse is being new!

    Thanks though

    xx

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    Default Re: Bank accounts??

    Quote Originally Posted by casey's mum View Post
    Oh sorry was advised to ask here so did...my only excuse is being new!

    Thanks though

    xx
    Not your fault Angela....it's mine

    It was me who suggested and Littlesprogs replied on the other thread at same time
    Dee
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    Life may not be the party we hoped for.......but while we're here we should dance!

  5. #5
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    Default Re: Bank accounts??

    Its no problem at all.

    I know how difficult it is to keep up with posts! even harder when your new!

    Anything else just ask.

    Louise x

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    Default Re: Bank accounts??

    Quote Originally Posted by littlesprogs View Post
    Its no problem at all.

    I know how difficult it is to keep up with posts! even harder when your new!

    Anything else just ask.

    Louise x
    I struggle to keep up with them and I have been using this forum for nearly a year
    Dee
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    Life may not be the party we hoped for.......but while we're here we should dance!

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    Default Re: Bank accounts??

    All mine goes into our joint account.

    As long as you can account for it and keep a track of it all then thats fine.

  8. #8
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    Default Re: Bank accounts??

    Quote Originally Posted by deeb66 View Post
    I struggle to keep up with them and I have been using this forum for nearly a year
    the only reason i keep up is because i dont work at the minute so have plenty of spare time.

    I dont want to start work now i want hubby to keep supporting me haha. dont think he'd like that idea though

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    Default Re: Bank accounts??

    Quote Originally Posted by littlesprogs View Post
    the only reason i keep up is because i dont work at the minute so have plenty of spare time.
    in that case then...........can you come and do my paperwork for me?
    Dee
    Independent Cambridge Diet Counsellor



    Life may not be the party we hoped for.......but while we're here we should dance!

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    Default Re: Bank accounts??

    Quote Originally Posted by deeb66 View Post
    in that case then...........can you come and do my paperwork for me?
    I dont know if i'd be able to do it up to your standards. Outstanding is hard to get especially with me being a newbie to childminding. You'd probably regret asking me to do it in the end haha

  11. #11
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    Default Re: Bank accounts??

    Quote Originally Posted by littlesprogs View Post
    I dont know if i'd be able to do it up to your standards. Outstanding is hard to get especially with me being a newbie to childminding. You'd probably regret asking me to do it in the end haha
    Trust me....I would appreciate any help at the moment......and if you did it for me then at least you would be getting good experience
    Dee
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    Life may not be the party we hoped for.......but while we're here we should dance!

  12. #12
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    Default Re: Bank accounts??

    Quote Originally Posted by deeb66 View Post
    Trust me....I would appreciate any help at the moment......and if you did it for me then at least you would be getting good experience
    I'd love to do it for you. It's really boring at home with nothing to do all day. But unfortunately i dont drive and surrey is quite far from me. Sorry dee. It was a good try though

  13. #13
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    Default Re: Bank accounts??

    Quote Originally Posted by littlesprogs View Post
    I'd love to do it for you. It's really boring at home with nothing to do all day. But unfortunately i dont drive and surrey is quite far from me. Sorry dee. It was a good try though
    You can't blame me for trying
    Dee
    Independent Cambridge Diet Counsellor



    Life may not be the party we hoped for.......but while we're here we should dance!

  14. #14
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    Default Re: Bank accounts??

    I love this site! I am soo amazed how friendly everyone is!! It seems most cm's in my area are afraid to give advice....dont know why cause there plenty of work to go around!!! Not enough of us if anything!!

    Thanks deeb66 and littlesprogs you have been fab!!!

    Angela xx

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    Default Re: Bank accounts??

    Quote Originally Posted by casey's mum View Post
    I love this site! I am soo amazed how friendly everyone is!! It seems most cm's in my area are afraid to give advice....dont know why cause there plenty of work to go around!!! Not enough of us if anything!!

    Thanks deeb66 and littlesprogs you have been fab!!!

    Angela xx
    Happy to help.

    Dee no i definately dont blame you i will probably try the same thing once i am working. I dont think i'll be working till september though so i have plenty of time to get ready for eyfs and then i might need alot of help!!

  16. #16
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    Default Re: Bank accounts??

    Quote Originally Posted by casey's mum View Post
    I love this site! I am soo amazed how friendly everyone is!! It seems most cm's in my area are afraid to give advice....dont know why cause there plenty of work to go around!!! Not enough of us if anything!!

    Thanks deeb66 and littlesprogs you have been fab!!!

    Angela xx
    I am glad that you are enjoying this site.

    yes we are a really friendly lot and spend loads of time on here gassing and joking around with each other.

    I have never met any of these ladies yet I feel that I have made friends for life and know that they are always here for me......as I am sure a lot of other members feel too.

    Probably the reason minders don't like sharing information in your area is because they are afraid of competition.....which is very sad.....after all we are all doing the same job so why shouldn't we help and support each other.
    Dee
    Independent Cambridge Diet Counsellor



    Life may not be the party we hoped for.......but while we're here we should dance!

  17. #17
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    Default Re: Bank accounts??

    Quote Originally Posted by deeb66 View Post
    I am glad that you are enjoying this site.

    yes we are a really friendly lot and spend loads of time on here gassing and joking around with each other.

    I have never met any of these ladies yet I feel that I have made friends for life and know that they are always here for me......as I am sure a lot of other members feel too.

    Probably the reason minders don't like sharing information in your area is because they are afraid of competition.....which is very sad.....after all we are all doing the same job so why shouldn't we help and support each other.
    It is very sad I feel we should all help each other...a very lonely existance otherwise!!!

  18. #18
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    Default Re: Bank accounts??

    Quote Originally Posted by casey's mum View Post
    It is very sad I feel we should all help each other...a very lonely existance otherwise!!!
    I'm never lonely! I just log on here !

  19. #19
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    Default Re: Bank accounts??

    Quote Originally Posted by sarahnev707 View Post
    I'm never lonely! I just log on here !
    Me too! I get very engrossed and usually only look up when one of my children are shouting "Mummy are you listening?"

    With regards to money you can pay it into whichever account you want as long as your accounts are correct for the tax man. Having said that money in our joint account is to share so my minding money goes in my own account!!!!

    amanda xx

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    Default Re: Bank accounts??

    Also I always used to make sure that if I got paid cash I paid it into the bank, even if I then walked to the cash point to withdraw it again. That way the bank can see exactly what you have coming and going and I did not need to show my accounts when I went to get another mortgage (my own bank) They were happy with my bank statements.

    Julia XX

 

 

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