AoS

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Dr Bunsen Honeydew
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Re: AoS

Unread post by Dr Bunsen Honeydew » Fri Nov 30, 2018 9:59 pm

No it doesn't, you are allowed to use a part for office and work.

Vinyl-ant
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Re: AoS

Unread post by Vinyl-ant » Fri Nov 30, 2018 10:30 pm

As long as there is no part of the house that is given over solely to the business rates stay as normal.
I use my dining room as a workshop and because it is still used as a dining room aswell theres no change.

Also for something to be classed as a business the reason for doing it has to be to make a profit, i.e the reason it exists is to make money. Im not sure a forum would count as such as it doesnt provide a paid service. A grey area.
And if it turns over less than 11 grand a year it isnt a taxable income, but does have to be declared to hmrc
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Dr Bunsen Honeydew
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Re: AoS

Unread post by Dr Bunsen Honeydew » Fri Nov 30, 2018 11:12 pm

Working at home - You don’t have to pay business rates for home-based businesses if you use a part of your home for your business, for example if you use a bedroom as an office or work room. Also as long as you don't use it as a shop, so you must sell on line / by post.

Lurcher300b
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Re: AoS

Unread post by Lurcher300b » Fri Nov 30, 2018 11:41 pm

And if it turns over less than 11 grand a year it isn’t a taxable income, but does have to be declared to hmrc
Thats only true if you have no other source of income. All the income needs to be added up to determine the tax due.

Its all taxable income, its just the first 11k (depending on your tax code) is taxed at 0%

Vinyl-ant
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Re: AoS

Unread post by Vinyl-ant » Fri Nov 30, 2018 11:46 pm

I didnt think he did have another personal income?
Yes the 11k is total for however many sources of income you have not 11k each
BTE designs type 2 lenco, Audio Technica AT1100 AT150sa, JBE series 3 mayware formula 4 shure M97xe (his), JVC QL-Y5F Audio Technica AT440 mlb (hers)
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Dr Bunsen Honeydew
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Re: AoS

Unread post by Dr Bunsen Honeydew » Fri Nov 30, 2018 11:49 pm

He is a slum landlord and I think the picture framing company still exists. He doesn't have the family fish and chip (and battered Mars Bars) shop anymore I don't think.

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Re: AoS

Unread post by Vinyl-ant » Sat Dec 01, 2018 12:13 am

Ah, fair enough, my mistake
BTE designs type 2 lenco, Audio Technica AT1100 AT150sa, JBE series 3 mayware formula 4 shure M97xe (his), JVC QL-Y5F Audio Technica AT440 mlb (hers)
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CN211276
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Re: AoS

Unread post by CN211276 » Sat Dec 01, 2018 8:54 am

A lot of members have donated. It is only a matter of time until one falls out with him. Will be very interesting. :lol:
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alfer
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Re: AoS

Unread post by alfer » Sat Dec 01, 2018 11:07 am

I bet he will not be truely friendly and refund them

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Classicrock
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Re: AoS

Unread post by Classicrock » Sat Dec 01, 2018 11:12 am

Dr Bunsen Honeydew wrote:
Fri Nov 30, 2018 9:59 pm
No it doesn't, you are allowed to use a part for office and work.
Crazy example on local (west) news. Revenue are insisting that a Barrow (built on iron age design) and used as mausoleum for ashes of the departed is a 'warehouse'. Therefore charging thousands in business rates, which are way above the small income received. Another case of officious numpties at work.

https://www.telegraph.co.uk/news/2018/1 ... ates-bill/

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