View the thread, titled "being paid...." which is posted in Canada Tile Advice on UK Plumbers Forums.

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just about every job I do now I send an invoice via email, then I have a copy of that invoice in my "sent items" outbox.
 
Keep receipts for absolutely everything and get a good accountant, although you'll be doing well if you earn above the 9k tax threshold in the next few years. :lol:
 
Keep receipts for absolutely everything and get a good accountant, although you'll be doing well if you earn above the 9k tax threshold in the next few years. :lol:
I have been told to do so but I keep forgetting lol I have rouhly half the receipts I shuld have got to get it into my mind I cant think of a way to keep remembering lol cheers
 
Stick a box folder in your car/van and anything you buy in your travels pop it in there, along with invoices etc. Bit of a mess come sorting time but keeps it all together.
 
I use a Duplicate book, basically the same as Chalkers, write the invoice out & give customer top copy, keep yours in the book, then give that to your accountant at end of tax year.
As Peter says keep receipts for absolutely everything, even if you buy a can of juice or packet of crisps or McDonalds, keep them all.
 
Don't tell anyone about cash job,
open up a separate bank account, not a business one though because they charge you for it and all your non cash jobs pay it in to there and use the debit card from that account for all your diesel, materials and tools you then have a record of what's going in and to cross reference and give to your accountant, plus get a simple carbon copy invoice book as other have said,
one last very important thing, always and I mean ALWAYS give a quote via text message or email and get client to reply that they accept that price, you always have some proof come the end of the job,
 
Don't tell anyone about cash job,
open up a separate bank account, not a business one though because they charge you for it and all your non cash jobs pay it in to there and use the debit card from that account for all your diesel, materials and tools you then have a record of what's going in and to cross reference and give to your accountant, plus get a simple carbon copy invoice book as other have said,
one last very important thing, always and I mean ALWAYS give a quote via text message or email and get client to reply that they accept that price, you always have some proof come the end of the job,
Be careful with the separate cash account.
Not that I would ever do cash jobs, like anyone else here :sofahide: .
i had a vat investigation a few years back and they asked me why I paid in £5000 into a personal account. ( I sold a racing car) . They accepted my excuse, as I was telling the truth.
The point is they came with that information. I did not show any statements for that account. They can link any of you accounts, including children's. and get access!
 
Be careful with the separate cash account.
Not that I would ever do cash jobs, like anyone else here :sofahide: .
i had a vat investigation a few years back and they asked me why I paid in £5000 into a personal account. ( I sold a racing car) . They accepted my excuse, as I was telling the truth.
The point is they came with that information. I did not show any statements for that account. They can link any of you accounts, including children's. and get access!
TSB says that access to your accounts can be granted with court order only. but they might be lying.....
 

Reply to the thread, titled "being paid...." which is posted in Canada Tile Advice on Electricians Forums.

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