Recent content by captainlockheed

  1. captainlockheed

    Quick Book Keeping Question

    thanks very much big thumbs up !
  2. captainlockheed

    Quick Book Keeping Question

    Thanks for the info guys !
  3. captainlockheed

    Quick Book Keeping Question

    ok so i just show it as money in and as it's not more than what was spent on tiles i won't pay tax on it effectively ! I find it hard to get my head around these things sometimes Thanks for the help
  4. captainlockheed

    Quick Book Keeping Question

    Sorry I should have said that, yes I did it as a favour as i was tiling his bathroom for him. So it was a neutral transaction same in as went out but i was thinking that the money is in the income column I'll pay 20% tax on it - so what to do ?
  5. captainlockheed

    Quick Book Keeping Question

    Hi guys I am a sole trader (Tiler) the vast majority of my work is domestic. I recently did job for a friend who asked me to buy his tiles at trade price for him. I don't supply tiles for my clients (too much hassle) so i'm wondering how to show the receipt of monies for the tiles on my...
  6. captainlockheed

    Cash in Hand ?

    Ok paid him October so there's some light there Thankyou, thankyou for the advice Wild Goose and Maxine, I'll take the hit regarding the 20/30% as he is a friend and i don't want to be falling out with him and he wanted less money than i was going to pay him anyway ;)
  7. captainlockheed

    Free business coaching in Liverpool

    yes i realise that, but inclusivity would be a nice intiative sometimes LOL
  8. captainlockheed

    Free business coaching in Liverpool

    i thought ageism was illegal ? that's me out (over 30) :-)
  9. captainlockheed

    Asking only workmans wages I go looking for a job....

    Yes !! thankfully Harry Enfield and Paul Whitehouse are addressing this problem
  10. captainlockheed

    Cash in Hand ?

    Wow this is even more complex than i thought !! I was talking to my brother in law this afternoon and he reccomended that i should go for the CIS scheme class 4 or something like that he said, but he didn't mention the fines :eek: I'll ask for an invoice from my guy hopefully this will go...
  11. captainlockheed

    Cash in Hand ?

    told you i was newbie at this ! i have paid tax already so presumably my labourer has to pay tax too by declaring his pay from me ? I'll look into that in the future especially if i'm getting work that requires help and many thanks for your replies
  12. captainlockheed

    Cash in Hand ?

    yeah i noticed that one after i posted this thread, i was thinking that tax was going to be paid twice, once by myself and again by my labourer (is self employed too and is not sure what to do). I just want to do things the right way i'll check out the other links that i can now see below in...
  13. captainlockheed

    Cash in Hand ?

    Hi I am a sole trader (Tiler) and have recently completed a large job during which i employed a labourer on a one off basis and paid him cash in hand. In reality how should have I gone about this and how do i show it in my accounts if at all? I'm a newbie to this and would rather get it...
  14. captainlockheed

    Where to buy gold.

    promising to pay the bearer upon demand isn't going to help when the economy goes belly up in the autumn
  15. captainlockheed

    Getting SPAM from my own email address??

    you have a virus or trojan software on your pc do you have a firewall and anti virus software ?