self employed – show me the stinkers….

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  • #21836
    pbirks
    Participant

    Hello Lovely People,

    Im currently tasked with putting together some self employed refresher training. (Lucky Me!!!!)
    as the staff who are attending this have received basic self employed training (severasl times!!) Im keen to include some more complex/challenging scenarios..
    I rememer reading some posts about whether someone was self employed who seemed to have an endless list of personal possessions in his ttic/garage that he was selling on ebay..

    If anyone can point me in right direction of this or any other examples of “why did you land on my desk” cases -thatd be great. (esp if you’ve had cases which have gone to tribunal etc) – am quite happy if same case has had different decisions from different assessors as thats probably a common thing to happen.

    I want to get staff to get over their fear of making wrong decision and work more on ensuring what they want to do/think is right thing to do is justifiable and allowable in the regs…. and explaining their reasoning so that if customer does disagree art least we have a starting point…

    also, (i know Im pushing my luck now) if anyone has any basic powerpoint s/employed they’d like to share/donate, that’d be blinking marvelous….

    cheers

    #5938
    Kevin D
    Participant

    Well, as this doesn’t appear to be shooting myself in the foot in terms of losing business on s/e training, the following links may be of interest :):

    http://hbinfo.org/forum/viewtopic.php?t=14349
    http://hbinfo.org/forum/viewtopic.php?t=16672

    #5939
    hickms
    Participant

    I have a claim form a customer who is a director of a buidling company
    In his accounts he has a directors loan owing to him from the business of over £40,000, he owns the business & invested his own money.
    I have very little knowledge of accounting procedures etc
    I have asked an accountant for his viewpoint
    He says it’s just like any investment a customer may make
    As long as the company exists and the debt is acknowledged in the yearly accounts then the customer should be treated as owning this amount of capital
    I had not thought of it that way
    Can you say whether this is correct or not
    I’d be most grateful for any guidance on this point from anyone

    #5940
    Kay_Tade
    Participant

    [quote:3603493d51=”hickms”]As long as the company exists and the debt is acknowledged in the yearly accounts then the customer should be treated as owning this amount of capital[/quote:3603493d51] I agree with the analysis, if the claimant has access to £40K and chooses to ignore the funds and leave it in the company, it still belongs to him, for HB/CTB purposes.

    There are quite a few threads on this topic.

    http://hbinfo.org/forum/viewtopic.php?t=13562&postdays=0&postorder=asc&start=10&sid=9a4e869f5679689c9345f7b8fd6a62f8

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