Hello all, Got a tax question if you don't mind?
I do work for a person in his private dwelling, said person owns his own large building contracting company. Said person only wants to use local trades, not his own blokes "which is great".
I have been doing the odd day on and off for a year, but now the build is getting to the stage of weeks required rather than the odd day. It has been put to me that I should invoice his company for materials supplied and labour under the heading of supply and delivery. He says that he will set me up as a supplier and BACS pay me, thus he doesn't have to do my "cis" .
I don't want to say the obvious but it would be difficult to find receipts for say £800 of labour under the heading of delivery! can i subtract "labour" under the heading of delivery and pay the percentage of tax myself.
Thanks if you can help
I do work for a person in his private dwelling, said person owns his own large building contracting company. Said person only wants to use local trades, not his own blokes "which is great".
I have been doing the odd day on and off for a year, but now the build is getting to the stage of weeks required rather than the odd day. It has been put to me that I should invoice his company for materials supplied and labour under the heading of supply and delivery. He says that he will set me up as a supplier and BACS pay me, thus he doesn't have to do my "cis" .
I don't want to say the obvious but it would be difficult to find receipts for say £800 of labour under the heading of delivery! can i subtract "labour" under the heading of delivery and pay the percentage of tax myself.
Thanks if you can help