To think the Radfords must be getting money from somewhere other than that bakery?!

[MaryPoppinsPenguins]

They've just posted a picture of themselves at T Rex in Orlando. With 20 kids (some grandkids too I think?)

Surely there's no bakery on earth that lucrative that you can take 24 odd people to Disney World??

Never heard of them before, had to Google.

They'll be getting a shitload of money from the TV company, freebies left right and centre for the mother to advertise on her blog etc. I would imagine the holiday has been funded, or partially funded, by the TV company. There's advertising all over their website so there's an income from that too.

Add in self-employed earnings, child benefit, child tax credit (if applicable) and I bet they are on a decent whack per annum.

I agree Colin for some reason No one is allowed a negative opinion on the Radfords without getting roasted

Expenses if you're self-employed
Overview
Perhaps we could tell the government they are wrong?

www.gov.uk/expenses-if-youre-self-employed

Costs you can claim as allowable expenses
These include:
office costs, eg stationery or phone bills
travel costs, eg fuel, parking, train or bus fares
clothing expenses, eg uniforms
staff costs, eg salaries or subcontractor costs
things you buy to sell on, eg stock or raw materials
financial costs, eg insurance or bank charges
costs of your business premises, eg heating, lighting, business rates
advertising or marketing, eg website costs
Contact the Self Assessment helpline if you’re not sure whether a business cost is an allowable expense.

Easily 10k on an Orlando holiday for 4. Yeah they get help/free stuff, but that's still a hell of a holiday!

I can imagine it's a lot about sponsors etc.

A friend of mine has a uni friend who does all this vlogging stuff and she regularlu gets spa days, weekends away, free meals as long as she posts them and tags them on her social media.

The Radfords have a huge following. If one woman in a city gets what my friend saysbher friend gets then I can only imagine what the radfords must be getting.

MrsJamesDean - yes. It really is.

Park tickets, hotel / villa... car... food. You can do it cheaper for sure, but they're at Disney Springs. So I'm reaching and suggesting they're not on a budget!

This "heroic hard working amazing family" are not costing any less than a single mum/dad on IS/JSA.

Exactly. They're costing a hell of a lot more. They admitted they were claiming child benefit when their last baby was born. They're claiming a hefty amount of tax credits. These freebies they're getting will be in lieu of payment for their shows so they don't lose out on their benefits.

MN is a funny old place. We've had a thread running for days where folk think UC is a good thing because it forces SAHMs of 3 yos in to work, when their partner earns £26k, but people with 20 kids can claim as much as they like because "who cares"?

Oh dear.

Fence nobody is saying you can’t claim expenses, we know that every company does.

We are questioning your post that your son doesn’t pay tax because he claims expenses.

Two simple examples.

So let’s say he takes 16000 in a year.
His expenses are 5000

So what’s left is his wages - 11,000.
He would pay no tax because you get 11,000 tax free.

Say the next year he takes in 25,000

His expenses are 7,000

So he has 18,000 left to pay himself.

11,000 of that is tax free.

He HAS to pay tax on 7000.

YOU said your son never paid tax. So he must never earn over 11,000. If he does, you are cooking his books!

Loads of those ‘kids’ are now adults. They may have contributed. Though I think more likely tv paid in exchange for filming it.

Yes fence sitter but does your son not pay tax on the actual wage he takes home?

They annoy me so much. Always boasting that they are not on benefits. Oh really! What about child benefit for a starter. Then I would bet they get tax credits.

As a previous poster said, no bakery would make enough money to support such a large family.

I've criticised them a lot for being so selfish and stupid as to have so many children. The planet is overpopulated and what if every couple were so selfish? Also think of all the money they have cost taxpayers - every birth, schooling etc.

There is no way with that many children they all get the attention they should. I can guarantee the older ones have to do an awful lot for the younger ones.

As far as I’m aware they don’t claim tax credits

head thump desk<

I don't have the wherewithal to poke idiots tonight.

£11,000 is your personal allowance, we all get that - do I really have to explain that purchasing tools and vehicles and specialist clothing on top doesn't come out of the personal allowance? Dear God above, give me strength.

Erm, no. I think we are all pretty clear on that.

Lets forget about tax deductable things and focus on what he actually takes home after that. If its above 11 grand he should be paying tax. If he doesnt pay tax on a wage above 11 grand - you are fiddling his books.

Needs

They have not confirmed if they get tax credits or not.

@FenceSitter01 even in a ltd company you can’t get away with paying no tax for example

Annual income of £90,000 (not inc vat)
Expenses of £5,000
Salary £9,000
Profit of £76,000
20% corporation tax £15,200
=£60,800
Tax free dividends £10,000
=£50,800
7% tax on dividends £3,556

Tax bill £18,766

So unless your son is only bringing in a small amount, he should be paying some tax.

I agree with mydogisthebest. They seem to have been put up on this pedestal.

The amount the births alone must have cost the NHS is abhorrent.

Every self employed person I know, and I know a few, pay themselves £11K. Everything else sits in the company. Remembering that every person has a personal tax allowance of 11K, a lot of self employed persons also pay spouse/partner/child in 6th form etc 11K also as they act as secretarial/run the payroll/PAs etc.

I don't normally wade in on stuff like this, but I'm getting frustrated reading Fence's posts!

Yes, £11000 is the personal allowance. What that means is you can earn 11000 without paying any tax. You can legitimately not pay tax on more than 11000 if that money is an allowable expense.

However, you said that your son pays no tax. So basically every penny that he earns over the personal allowance goes towards these allowable expenses. That could well be true. But it it is, that means he only "takes home" 11000 per year, as previous posters have said. you can only claim allowable expenses that you've actually spent, so the money has gone on those things, and isn't available to him to spend on non-job related things.

If you really can't seem to grasp that, I call bullshit on you doing your son's books at all!

@FenceSitter01 ok I get that you can pay a spouse £11k and provided they are unemployed they won’t pay tax. You can’t however just have profit sitting undeclared and not pay tax on it.

In my illustration I’m using an example with 2 shareholders obviously for the tax free dividend amount

Orlando holiday this week - Halloween is pretty much peak time - is bit cheap. When we looked (we are returning this time next year) it was around £1k return flying direct.

The park tickets are not cheap - you're going to be looking at around £500-600 per person for park tickets for Disney and Universal, and if they do the Halloween nights that's a fair bit extra each too.

A resort hotel is much dearer so a Villa is the cheaper option but if booking for 20 people you'll definitely need more than a 4 bed villa, even squishing in a bit.

Plus car hire if in a villa - car hire isn't really costly over there but for that many people it's not cheap.

So £2k per person isn't unreasonable at all, infact it's fairly cheap for that kind of holiday. And that's before you add food and drink etc.

£50k for 20+ people wouldn't be wildly out at all in my experience. We've been to Orlando and the parks 9 times now doing a range of 1 and 2 weeks, villa and resort hotels.

Surely you cant just keep profit undeclared somewhere in the business

You have to have proof of expenses.

Surely not declaring profit is tax evasion or avoidence or whatever.

Every self employed person I know, and I know a few, pay themselves £11K. Everything else sits in the company.

Sorry, but that is also crap.

I'm self employed, as are at least 80% of the people in my industry. We certainly don't all pay ourselves 11k. In fact, you can't work it that way if you are a sole trader, which a huge number of self employed people are. And "Paying yourself 11k" is nothing to do with claiming everything else as expenses. That is not how that particular strategy works at all. You seem to be spouting out a lot of half understood "facts" I think you've heard and misunderstood.

you can only claim allowable expenses that you've actually spent, so the money has gone on those things, and isn't available to him to spend on non-job related things. You don't have profit. You have assets, but not profit
.

You do know that the Inland Revenue does check books, it does ask for receipts, it does also assist you?

And lets go right back to the GOV site, so one presumes the Gov knows what its about. ... all this - and more - that you and I as PAYE don't get to claim back for - I cant claim my phone, my car, my petrol, my train fares, my work clothes, my entertainment lunch expenses, and so forth.

www.gov.uk/expenses-if-youre-self-employed

office costs, eg stationery or phone bills
travel costs, eg fuel, parking, train or bus fares
clothing expenses, eg uniforms
staff costs, eg salaries or subcontractor costs
things you buy to sell on, eg stock or raw materials
financial costs, eg insurance or bank charges
costs of your business premises, eg heating, lighting, business rates
advertising or marketing, eg website costs