Author Topic: Good news for the WGs amd other self employed people  (Read 1290 times)

Offline PunterNumber69

« Last Edit: April 13, 2021, 10:50:03 pm by PunterNumber69 »

Offline SamOmar

4th payment is on its way.

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In nearly 13.5 years of punting never have I come across a WG who files her taxes, oh wait I have come across one who declared she earns about 500 pcm :dash:
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Offline Moby Dick

In nearly 13.5 years of punting never have I come across a WG who files her taxes, oh wait I have come across one who declared she earns about 500 pcm :dash:
Really?
I’ve been punting nearly 30years, and there are those that don’t and those that do.
For those that do (I would say typically the higher earners who invest in property rather than drugs) the limits of SEISS (just like those on furlough) falls well short of 80% earnings.
For those that don’t, probably wish they did.
Both will probably have to continue working and some more fortunate will still be able to claim.
As long as their pussies are fresh and they are keen to please what’s it got to do with us.
« Last Edit: April 13, 2021, 11:46:05 pm by Moby Dick »

Offline PunterNumber69

And bear in mind that the claim date checker currently won't work for everyone as they are still uploading everyone's data. It should work for everyone from Monday.

"You can try checking your date online now - though officially it won't work for everyone till next Monday. HMRC has a "hidden" link that allows people to log on to their Government Gateway and see if they have an allocated claim date. It's not being publicised at the moment because everyone's data hasn't yet been uploaded, so some people can see theirs but others can't. If you're desperate to find out your date, you can try it now, but don't rely on it as it may not work for some. "

Offline David1970

In nearly 13.5 years of punting never have I come across a WG who files her taxes, oh wait I have come across one who declared she earns about 500 pcm :dash:

Must admit tax affairs aren’t the main topic of conversation while punting with a SP, but a couple have mentioned about having an account and paying tax.

Offline lamboman

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In nearly 13.5 years of punting never have I come across a WG who files her taxes, oh wait I have come across one who declared she earns about 500 pcm :dash:

Do you check all WGs tax affairs as part of a punt?
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Offline Sexpest

I would agree the high earning British I have seen all have nice cars and houses and a high standard of living you can’t have that sort of life on a cash basis or on benefits. So I think that’s an outdated opinion. I mean how can you go and buy a 20k car cash no you can’t.
I would say the non tax payers would be street walkers. Those with drug habits. Or those with normal jobs who only see perhaps one client a night as a top up.

Offline Sexpest

Do you check all WGs tax affairs as part of a punt?

Exactly I don’t care about their personal lives as long as I’m getting my dick sucked properly.

Offline Moby Dick

I would agree the high earning British I have seen all have nice cars and houses and a high standard of living you can’t have that sort of life on a cash basis or on benefits. So I think that’s an outdated opinion. I mean how can you go and buy a 20k car cash no you can’t.
I would say the non tax payers would be street walkers. Those with drug habits. Or those with normal jobs who only see perhaps one client a night as a top up.
The higher earner won’t be eligible if they “declare” all their earnings, and trading profits exceed £50k/year. I would expect they still pay for what they can in cash rather than putting through the books/banking.
At the other end part timers are also not eligible if they earn more from another job.

Offline JamesKW

Exactly I don’t care about their personal lives as long as I’m getting my dick sucked properly.

There are plenty that will try and offer their accountancy skills, or other skills in the hope of getting free sex.

Offline PunterNumber69

There are plenty that will try and offer their accountancy skills, or other skills in the hope of getting free sex.
It is always best to keep business and pleasure separate. Mixing them just leads to issues in the long run.

Offline JamesKW

I would say the non tax payers would be street walkers. Those with drug habits. Or those with normal jobs who only see perhaps one client a night as a top up.

Possibly also your EE brothel workers who spend their time going backwards and forwards,earning here and spending in their own countries, where their money goes further,even more so nowdays when they can only stay for 90 days.

Offline OLDTIMEGAL

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Most midlands parlours get regular visits from HMRC and have done for years. So any girls working will have to register and pay any tax due. I know a good few girls that have claimed SEISS during lockdown...

Offline Cactus

Years ago when I was self employed and looking to get a mortgage I spoke to my pal who’s a mortgage advisor. I’d previously been told that self employment was the land of milk and honey and you could write of so much of your expenses from your turnover, thus keeping profit and in turn your tax bill minimal.

Then I spoke to the mortgage advisor who told me if I did that then I could borrow next to nowt as it was based on profit and not turnover. His exact words were, you can’t have it both ways.

If escorts want to declare nowt then in circumstances like we find ourself in now, they get zero support from these furlough type schemes that are based on earnings. Indeed, they too can’t have it both ways.

The smart thing would be to do a tax return and declare circa £1k a month, keeping them under the tax threshold and not paying any. Then when something like this happens they’d get 80% of declared income.

Offline PunterNumber69

Years ago when I was self employed and looking to get a mortgage I spoke to my pal who’s a mortgage advisor. I’d previously been told that self employment was the land of milk and honey and you could write of so much of your expenses from your turnover, thus keeping profit and in turn your tax bill minimal.

Then I spoke to the mortgage advisor who told me if I did that then I could borrow next to nowt as it was based on profit and not turnover. His exact words were, you can’t have it both ways.

If escorts want to declare nowt then in circumstances like we find ourself in now, they get zero support from these furlough type schemes that are based on earnings. Indeed, they too can’t have it both ways.

The smart thing would be to do a tax return and declare circa £1k a month, keeping them under the tax threshold and not paying any. Then when something like this happens they’d get 80% of declared income.
Personally, I don't care what they do with their taxes. I'm there to have sex with them. Whatever else they do is none of my business.

Offline Cactus

Personally, I don't care what they do with their taxes. I'm there to have sex with them. Whatever else they do is none of my business.

Nor do I. It was just an anecdotal tale!

If they’d declared some income, they’d have been able to claim something during the pandemic.

Offline willie loman

the problem is that most self employed under declare, so they are getting 80% of 80%.

Offline lamboman

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Years ago when I was self employed and looking to get a mortgage I spoke to my pal who’s a mortgage advisor. I’d previously been told that self employment was the land of milk and honey and you could write of so much of your expenses from your turnover, thus keeping profit and in turn your tax bill minimal.

Then I spoke to the mortgage advisor who told me if I did that then I could borrow next to nowt as it was based on profit and not turnover. His exact words were, you can’t have it both ways.

If escorts want to declare nowt then in circumstances like we find ourself in now, they get zero support from these furlough type schemes that are based on earnings. Indeed, they too can’t have it both ways.

The smart thing would be to do a tax return and declare circa £1k a month, keeping them under the tax threshold and not paying any. Then when something like this happens they’d get 80% of declared income.

But then they only get £800 if you're used to 3,4,5k(who knows) that is some drop and unlikey to be something you've budgeted for.
Mind they should have plenty of savings also the days of making up your SE income figures for a mortgage are long gone so any WGs wanting one are going to have to be honest.
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Offline Cactus

But then they only get £800 if you're used to 3,4,5k(who knows) that is some drop and unlikey to be something you've budgeted for.
Mind they should have plenty of savings also the days of making up your SE income figures for a mortgage are long gone so any WGs wanting one are going to have to be honest.

£800 is better than £0 though. £800 might pay the rent and put food on the table. Would mean cutting down on luxuries, but better than nowt

Offline SamOmar

Do you check all WGs tax affairs as part of a punt?

I am and have been friends with many WGs , most of which I don't punt :)
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Offline SamOmar

Exactly I don’t care about their personal lives as long as I’m getting my dick sucked properly.

So why get involved in this thread? It shows me you are interested
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Offline lamboman

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I am and have been friends with many WGs , most of which I don't punt :)

Bullshit frankly.
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Offline SamOmar

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