Overtime down as tax?
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  1. #1
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    Default Overtime down as tax?

    Can we write down the hours we spend doing the SEF and other paperwork as expenses in our tax accounts? Long shot I know, but I thought it may be possible that we could put down our hourly rate times the hours of extra work we do on paperwork?

  2. #2
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    Default Re: Overtime down as tax?

    I've never heard this done... but that doesn't mean it's not possible...


    I would suggest you ring the tax office - can you let us know what they say please?

    http://search2.hmrc.gov.uk/kbroker/h...ctus/start.jsp

  3. #3
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    Default Re: Overtime down as tax?

    I was told by a tak inspector that its a strict no no.

  4. #4
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    Default Re: Overtime down as tax?

    i too was told its a no

    leanne
    xx
    Don't let your halo slip and strangle you!!

    Leanne
    xx

  5. #5
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    Default Re: Overtime down as tax?

    Ok so we can all pay Sarah to do it and put it down as expenditure
    we dont stop playing because we grow old, we grow old because we stop playing

  6. #6
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    Default Re: Overtime down as tax?

    Quote Originally Posted by wendywu View Post
    Ok so we can all pay Sarah to do it and put it down as expenditure
    Brilliant idea!!!!!!!!!!!!!!!

  7. #7
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  8. #8
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    Default Re: Overtime down as tax?

    Quote Originally Posted by sarahnev707 View Post


    What did I do??
    Nothing Sarah, its just that you are really good at everything and I am rubbish, so I could pay you to do it instead!!

  9. #9
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