Tips, do we need to declare them?

Discussion in 'Chit Chat & Introductions' started by Kennygggkent, May 31, 2016.

  1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.
  2. Welcome to the UK Window Cleaning Forums.
    Starting or own a window cleaning business? We're a network of window cleaners sharing advice, tips & experience. Rounds for sale & more. Join us today!

  1. Kennygggkent

    Kennygggkent Transparent Window Cleaning
    Member

    Joined:
    Oct 9, 2014
    Messages:
    267
    Likes Received:
    70
    Do we legally need to declare them I don't really see why the government should get there hands on them really, but hey
     
  2. Damo

    Damo Grand Master
    Member

    Joined:
    Jul 1, 2015
    Messages:
    2,061
    Likes Received:
    856
    Yes you do.
     
  3. daveyboy

    daveyboy Legend
    Moderator

    Joined:
    Jul 10, 2014
    Messages:
    14,106
    Likes Received:
    5,324
    It is an amount of money received so yes you do
    If you do declare them though you must have a screw loose
     
  4. David K

    David K Guru
    Member

    Joined:
    Apr 11, 2015
    Messages:
    1,085
    Likes Received:
    335
    Over here in Denmark tips is taxfree ! No BS ! :D:D:D But then again , in Our business its not that common .
     
  5. Green Pro Clean Ltd

    Member

    Joined:
    Jan 20, 2015
    Messages:
    5,934
    Likes Received:
    2,879
    UK law states all income related to your business must be declared, so yes you should declare your tips.

    You sell a used WFP brush head on eBay the income from that should be declared as it's income generated through the business.

    Make no mistake, the crown will take their pound of flesh from you no matter what you do.
     
  6. Trev81

    Trev81 Guru
    Member

    Joined:
    Apr 16, 2015
    Messages:
    1,091
    Likes Received:
    481
    By law yes, however if your actually recording tips as a payment/over payment then your kinda just playing into there hands.

    The only time I see tips are a issue are ones that are payed into your accounts rather than handed to you in cash.
     
  7. adamangler

    adamangler Wakefield Window Warrior
    Member

    Joined:
    Dec 2, 2014
    Messages:
    2,805
    Likes Received:
    972
    Legally yes.

    :lipssealed:
     
  8. Taxlossloz

    Taxlossloz Grand Master
    Member

    Joined:
    Jul 11, 2014
    Messages:
    2,047
    Likes Received:
    537
    As I have never had a single tip in 20 years I don't worry about it - especially as I never had one in Dec / Jan
    Or when we got married or had babies born ... So that's sorted
     
    • Funny Funny x 3
    • Agree Agree x 1
    • List
  9. CHWS

    CHWS Guru
    Member

    Joined:
    Jan 13, 2013
    Messages:
    1,434
    Likes Received:
    309
    What about when company give out bonuses etc ?? I thought government done this to their workers and iv never heard of them being taxed
     
  10. Chris33

    Chris33 Guru
    Moderator

    Joined:
    Jan 18, 2016
    Messages:
    1,323
    Likes Received:
    642
    I'm sure I was taxed in social care,when we got Xmas bonus'. They started giving us vouchers instead near my last few years there, probably not so taxable or perhaps they just purchased them in bulk and didnt put them through as taxable either way.
     
Loading...