I am what you might call on loan at the moment. I have been partnered with a guy this week, I do not like him much. Anyway we were doing our expenses for the week today. He suggested that we put a few pounds extra on here and there. this was not going to happen and I will me happy to be back where I belong in a couple of months.
So would you take the money, knowing that the guy could be cheating you next time.
Travis
sorry but expenses are not subject to the vat like a wage and salary are so are they cheating me already by not paying the correct amount of tax ??
Expenses payments are not subject to tax because they are meant to compensate you exactly for money you have paid out of your own pocket for company business - eg, if you put worth of petrol in your car for a business trip, you should receive exactly back.
Interestingly, when I first started out on my own and went to see an accountant, she told me a few ways to pay less tax. This involved not declaring my full income, or bumping up my expenses. :shock:
But then I went on a course for self-employed people, run by the Inland Revenue. The penalties for being found out were more than enough to convince me to do everything above board.
Dishonesty is dishonesty regardless of how you dress it up. No, I wouldn't fiddle expenses cause that's stealing.
:mrgreen: