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Old 23-05-2008   #1
MrSpoon
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Default first paid job coming my way...

got a friend who works for a property developers and ive been asked to go and have a look at one of the appartments they are building as it needs tiling, and all being well i could get the contract to complete all 24... one thing i am unsure of tho is supplying materials...

his company are adament that they want the tiler to supply all the materials, including tiles, but... if i was to supply and get paid.. say £1000.... but 500 was for tiles and materiels... the taxman would still tax me for earning 1000........ yet i havent earned 1000 ive earned 500 as the supplys cost me 500... im confusing myself as i type this haha and i know sopmeone will say just put in my books that ive been paid 500, but the company will sort out my CIS tax or whatever (totally confused myself with this now) so the taxman will still have 20% of my 1000 earnings no matter what ive spent on materials and supplys... i think?

my brains all gone to mush now but yeah if anyone can shed any light or somehow explain what im on about then id really appreciate it

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