JKay

Taxrelief4escorts

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On my surf around this morning I found this site by our very own Jolyon and think it is worthy on being posted here, well done Sir.

http://www.taxrelief4escorts.co.uk

And punters will especially appreciate the brief biography of the author. Brilliant!;)

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On my surf around this morning I found this site by our very own Jolyon and think it is worthy on being posted here, well done Sir.

http://www.taxrelief4escorts.co.uk

Olivia, who knows something about these matters, might like to provide a review.;)

And punters will especially appreciate the brief biography of the author. Brilliant!:D

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I'm thinking of going self employed (sadly not as an escort cant see anyone paying me somehow ;)) and theres some good stuff in there for anyone, and a lot simpler than some of the sites I've looked at

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I can recommend the diary. ;)

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Thank you.

There's a few gaps still to be filled and probably a few typos to correct but I thought as yesterday was the start of the new tax year it was a good time to launch the site.

If anyone finds any mistakes or has any suggestions for improving the site, please don't hesitate to get in touch.

Over the next few days Tax Returns will start dropping through letter boxes, and this year the Revenue have completely redesigned them. They look very different and HMRC claim they should be easier to complete. Hmmm. We'll see....

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Jolyon, just one question.. You wrote that plastic surgery is not an allowable expense..

I however had a client from the Inland Revenue ;) some time back and we talked about allowable expenses, he told me there was an escort who claimed a boob job as an expense and she got away with it after long discussions as the conclusion was that had she not been an escort she would not have done it, ie she did it to increase her business..

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Its great to see a tax site back up from you Joylon - much appreciated by many I am sure.

I'll make sure the SAAFE ladies are aware and they can update the link on their tax advice page.

Good job!

xx

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Jolyon, just one question.. You wrote that plastic surgery is not an allowable expense..

I however had a client from the Inland Revenue ;) some time back and we talked about allowable expenses, he told me there was an escort who claimed a boob job as an expense and she got away with it after long discussions as the conclusion was that had she not been an escort she would not have done it, ie she did it to increase her business..

Now there's a handy piece of info to know

**gets on phone to accountant immediately**

Thank you Jolyon for all your hard work

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Jolyon, just one question.. You wrote that plastic surgery is not an allowable expense..

I however had a client from the Inland Revenue ;) some time back and we talked about allowable expenses, he told me there was an escort who claimed a boob job as an expense and she got away with it after long discussions as the conclusion was that had she not been an escort she would not have done it, ie she did it to increase her business..

The issue here is whether the purpose of having the boob job was wholly and exclusively for the business. I would expect the Revenue to strongly resist the claim on the grounds that there is at least some personal benefit. If they can show there is a 'duality of purpose' then the claim will fail.

Ultimately if you can't agree with the Revenue then you can take the argument to the General Commissioners. They are an independent body (a bit like magistrates) whose job is to establish facts. If you can convince them that there was no personal purpose in having a boob job then you will win. But you would need a stronger argument than simply saying if you weren't an escort you would not have had it done. Because that could simply mean that if you weren't escorting you would not have bothered but escorting tipped the balance and made it more worthwhile. The trouble with that argument is that it tacitly admits that there was also some personal benefit.

It is the kind of case which in the right circumstances I'd be happy to take to General Commissioners but I wouldn't rate the chances of success very highly. Their decisions don't create legal precedents, so just because one girl has succeeded it doesn't mean every girl will. It depends on the particular facts of each case and the decision of a particular group of Commissioners.

What I've tried to do on the website is set out the general rules and how they are usually applied to the circumstances that typically face escorts. There maybe circumstances such as boob jobs where you may be able to make a convincing case for getting tax relief based on the facts in your own particular situation. And it may be an argument worth having.

If you think you have a good case for claiming something exceptional you really need an accountant to help you argue the case. What you shouldn't do is just claim it, hidden away in one of the boxes on your tax return, and hope the Revenue don't ask why your 'other expenses' are so high.

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Over the next few days Tax Returns will start dropping through letter boxes, and this year the Revenue have completely redesigned them. They look very different and HMRC claim they should be easier to complete. Hmmm. We'll see....

I would advise any self employed person to use the services of an accountant rather than attempt to fill in the forms theirself.

It should not cost more than £10 a week, a drop in the ocean to prostitutes charging £150+ an hour.;)

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Thank you for that Jolyon and for the excellent website.. I am a part qualified accountant myself (trying to finish!!) so always curious as to what you can get away with..

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Joylon has made a first class job of the site. It's built on work he did some years ago which I admired then. The present incarnation is much, much improved.

I've a couple of (I hope) helpful suggestions which I've passed to J but won't trouble with here. They are not about errors I've spotted.

Well done J

Uncle Pokey (Oh and the CV was a total hoot)

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What about medical/theraputic charges for RSI???

L

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That was an informative read. I was interested to see that escorts can claim claim rent, council tax, bills, etc as expense, but shouldn't they also be paying business rates on their flats though?

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They should if they can show that they are business premises.

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That was an informative read. I was interested to see that escorts can claim claim rent, council tax, bills, etc as expense, but shouldn't they also be paying business rates on their flats though?

If you have a flat which is used exclusively for business then maybe.

But if you use your own home for in-calls or use part of your home to run your business from - it's where your computer and diary are, and where you do your paperwork etc - then you won't normally be liable for business rates, but you can still claim tax relief on a proportion of your council tax and bills. The reason is that where your home is used partly for buiness and partly domestic, and the business use does not prevent continued domestic use then there are no business rates. So if you have a guest bedroom which you use for incalls and putting up visiting aunts, or you have a study from which you run your business and which your children also use to do their homework, then there's no danger of business rates.

That's the position in England. I believe the law in Scotland, Northern Ireland and Wales maybe different. And I have a vague feeling that business rates are different in the City of London.

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If you have a flat which is used exclusively for business then maybe.

But if you use your own home for in-calls or use part of your home to run your business from - it's where your computer and diary are, and where you do your paperwork etc - then you won't normally be liable for business rates, but you can still claim tax relief on a proportion of your council tax and bills. The reason is that where your home is used partly for buiness and partly domestic, and the business use does not prevent continued domestic use then there are no business rates. So if you have a guest bedroom which you use for incalls and putting up visiting aunts, or you have a study from which you run your business and which your children also use to do their homework, then there's no danger of business rates.

That's the position in England. I believe the law in Scotland, Northern Ireland and Wales maybe different. And I have a vague feeling that business rates are different in the City of London.

If you claim relief for part of your home as a business expense, wouldn't you lose an equivalent proportion of the Principal Private Residence relief from CGT when you sold it?

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If you claim relief for part of your home as a business expense, wouldn't you lose an equivalent proportion of the Principal Private Residence relief from CGT when you sold it?

You only lose the CGT exemption on any part of your home that is used exclusively for business.

What you need to do is ensure that the part of your home that is used for business is also used as your home. You can then get tax relief on the appropriate proportion of your heating, lighting and council tax etc, but not risk losing CGT exemption because you are not using part of your exclusively for business.

So if you run your business from home and have a study which is also used by the children to do homework that's OK, and if you always shag punters on the kitchen table that's no problem, but if you've had your basement converted into a fetish dungeon it's more difficult.

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That was an informative read. I was interested to see that escorts can claim claim rent, council tax, bills, etc as expense

If they are working from their own home they can't claim 100% of the rent, council tax etc.

I know this because I am not allowed to claim 100% of my expenses on the cab, 10% is regarded as "private use".

One of the resons why you should seek the services of an accountant, a simple mistake like this simply brings you unwanted attention from Inland Revenue.

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If they are working from their own home they can't claim 100% of the rent, council tax etc.

I know this because I am not allowed to claim 100% of my expenses on the cab, 10% is regarded as "private use".

One of the resons why you should seek the services of an accountant, a simple mistake like this simply brings you unwanted attention from Inland Revenue.

I agree with Jimmy (who knew :D) I am now seeking an accounted because having filed my tax in the past online with no problem, the current tax year there was a problem with the site when I went to do it. Then I forgot ;) and low and behold I missed the deadline which means spanked bottom and £100 fine. Let this be a lesson. I'm sure if I'd of had an accountant I wouldn't have missed it. Plus since I'm pretty sure I've missed out on claiming some things I could have. Getting an accountant now ...I've learned my lesson.

Thanks Jolyon though for the site it's a good resource.

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As can I. Jolyon, considering he's an accountant lol, is one of the most down to earth, helpful and patient people I know. :D

Good for you, and well done Jolyon. :D

+1. He's a top bloke. ;)

And yes, well done! It's a great resource.

B

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It's nice to see the girls getting some 'relief'!

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I have met Jolyon, (not like that!) and I recommend him too.

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