People employed in your business working for 'you'
Discussion
I was talking with my missus this morning of the cancer inducing bacon buttie...
Supposing I was a builders firm employing staff to work on 'my' house. Do I in some way have to account fro their time and moneies int he normal business way. Sorry, thick question I realise but I am not sure about the law here. Part of me thinks it's some kind of 'crime', but I am not sure, so can someone please put me straight.
Thanks
Supposing I was a builders firm employing staff to work on 'my' house. Do I in some way have to account fro their time and moneies int he normal business way. Sorry, thick question I realise but I am not sure about the law here. Part of me thinks it's some kind of 'crime', but I am not sure, so can someone please put me straight.
Thanks
drivin_me_nuts said:
I was talking with my missus this morning of the cancer inducing bacon buttie...
Supposing I was a builders firm employing staff to work on 'my' house. Do I in some way have to account fro their time and moneies int he normal business way. Sorry, thick question I realise but I am not sure about the law here. Part of me thinks it's some kind of 'crime', but I am not sure, so can someone please put me straight.
Thanks
I have a builder who had a lean spell, he still had to pay wages so he got them to sort his house and garden out, best be quiet about it though Supposing I was a builders firm employing staff to work on 'my' house. Do I in some way have to account fro their time and moneies int he normal business way. Sorry, thick question I realise but I am not sure about the law here. Part of me thinks it's some kind of 'crime', but I am not sure, so can someone please put me straight.
Thanks

Materials were not too much (few hundred), and easily lost in a £1m+ turnover

Hmmm.
The wages paid to the individual would still need to be accounted for under the PAYE/NIC system.
However, the element of the wages paid to the individual that relate to time spent on the personal affairs of the director/proprietor are not genuine business costs - and therefore should not really be allowable against the trading profits of the business.
The wages paid to the individual would still need to be accounted for under the PAYE/NIC system.
However, the element of the wages paid to the individual that relate to time spent on the personal affairs of the director/proprietor are not genuine business costs - and therefore should not really be allowable against the trading profits of the business.
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