Very true! She wouldn't bother with that if it wasn't effective.I reckon she must be making LOADS this way. She posts so many links. Throw enough mud and some of it will stick! Plus now we can see that she posts her links all over the place even in private facebook groups.
Not sure if this will tell you. https://find-and-update.company-information.service.gov.uk/company/09843728/filing-historyHow much do you reckon she makes after tax each month?
A complete guess would that she probably makes approx on average £8k a month before tax via her ltd company push that up to about £15k in the months of black Friday & Christmas & January sales.How much do you reckon she makes after tax each month?
What an absolute imbecileWell earning 8k a month would explain why she has the money to consider ordering an advent calendar on Uber eat! Unreal! For someone that makes out she does 20k steps a day or whatever surely you’d pass a supermarket at some point? She is so utterly lazy and disgusting
If not, I hope she is pulled up for fraud/tax evasion.Unbeleiveable. Honestly!She is just a disorganised mess. What would she do without deliveroo/ubereats.
All her free gifts should be declared as income too. Wonder of that happens.
She will also be able to expense some of her flat for tax reasons too...well, in Canada you can. Wherever your office is, you deduct that square footage from your house and can claim it as an expense. Same with internet, office supplies, etc.I reckon she will be taking a mix of salary and dividend up to 50k which is the basic rate band. She will also pay corporation tax on company profits. The fact that she has built up reserves in the company means that she hasn’t been clearing out everything and that she makes more than 60k of profit every year (quite a bit more in fact). Her mum and brother are listed as directors too so I reckon she will be paying them a directors salary of 12.5k each too. That alone is 25k of tax deductible expense in itself. So in terms of actual turnover it could be as high as 150 or more!! She defo expenses all her takeaways etc. I reckon she shares so much of her life as she wants to business expense it. So the 50k she withdraws is basically hers to save.
Maybe she took higher to get the mortgage alone? Seeing as it normally done on personal rather than company earnings.
Sorry being boring. This is my job
She pays for nothing....makeup, skincare, food, hairdressers, fillers/Botox, house cleaner, decorating, drinks, restaurant meals, hotel stays, appliances are all often gifted. She probably just pays her mortgage and bills. She has no other expenses.She could do that when she was renting. She needs to be much more careful now that she owns as it could make your residence a place of business which means she could be liable for capital gains tax when she sells. All her internet will be deducted. All her hauls will. All her Uber and travels. Her phone. Her takeaways. Honestly I think that is why she overshares. So that she can say it’s all for ‘work’.
Also fitness classes and PT.She pays for nothing....makeup, skincare, food, hairdressers, fillers/Botox, house cleaner, decorating, drinks, restaurant meals, hotel stays, appliances are all often gifted. She probably just pays her mortgage and bills. She has no other expenses.
wow this is really useful Ron! I was going to ask if she could use her ltd to buy her flat or would that not be tax efficient But I can see you answered about that. Would her accountant have a duty to step in if they felt she was expensing things she shouldn’t? And will those accounts show if she’s had a dip in income after this year? I know it’s hard to tell on the micro accounts as they have so little info.I reckon she will be taking a mix of salary and dividend up to 50k which is the basic rate band. She will also pay corporation tax on company profits. The fact that she has built up reserves in the company means that she hasn’t been clearing out everything and that she makes more than 60k of profit every year (quite a bit more in fact). Her mum and brother are listed as directors too so I reckon she will be paying them a directors salary of 12.5k each too. That alone is 25k of tax deductible expense in itself. So in terms of actual turnover it could be as high as 150 or more!! She defo expenses all her takeaways etc. I reckon she shares so much of her life as she wants to business expense it. So the 50k she withdraws is basically hers to save.
Maybe she took higher to get the mortgage alone? Seeing as it normally done on personal rather than company earnings.
Sorry being boring. This is my job
Depends on her accountant... if she has one that holds everything to standard then yes... But you get some shady ones who will help you dodge things.wow this is really useful Ron! I was going to ask if she could use her ltd to buy her flat or would that not be tax efficient But I can see you answered about that. Would her accountant have a duty to step in if they felt she was expensing things she shouldn’t? And will those accounts show if she’s had a dip in income after this year? I know it’s hard to tell on the micro accounts as they have so little info.
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