Quote:
Originally Posted by jfman
Like all things HMRC they’ll work with ratios. If you are within the ratio at the end of your VAT period they’ll consider you to be legit, or close enough to legit, to be unworthy of investigation.
If your costs don’t match the upturn in sales and your end of quarter/year profit similarly don’t reflect this then alarm bells go all over the shop and suddenly your are under scrutiny for the last six tax years that you really don’t want if you are actually dodgy.
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Exactly. HMRC have been known to cross reference declared takings with the amount of takeaway cartons purchased. In the case of a hairdresser, they cross referenced with the amount of shampoo, perm solution etc that she had purchased.
---------- Post added at 19:35 ---------- Previous post was at 19:30 ----------
Quote:
Originally Posted by Paul
Diners to get a 50% discount off their restaurant bill during August
Shame its only Monday to Wednesday.
That said, I normally eat out every Tuesday & Wednesday, so should be good for me.  |
Do we know if people can only do this once, or as many times as they like?
Will it definitely apply to takeaways, or is it just eat in?
The 50% off is a bit disingenuous though, it's only up to a maximum of £10 and I can't think of many places where you could get a three course a la carte meal for £20! It'll be alright for a curry or something though.
Let's hope that it won't involve copious amounts of form filling either.
---------- Post added at 19:37 ---------- Previous post was at 19:35 ----------
I've just had a chuckle at the social distancing sign in Parliament behind an interviewee, 'Keep left at all times'