@chomalungma
And no, of course, I don't bloody "charge the client" for my own time silent working out my tax - I do it in my "leisure time". Tax isn't that hard once you sit down to do it, but what I do kniw is that a lot of the self empyed "expenses" on here are tax deductible anyway
You do as such - because you charge more per hour to the client.
Which is why the hourly rate you charge your client is more than the hourly rate you end up getting for running your business.
So your £40 an hour you charge equates to £15 an hour actual paid work.
Because it's not leisure time when you are doing your tax. It's work time.
No, I don't "charge the client" - I don;t send invoices, and I don't set the rate. I'd get told, very politely, to take a running jump, if I attempted to set the rate. Do you really have no idea at all how the working world works? Of course I bloody well do my tax in my leisure time and don't charge a random university in France where I've been asked to appear at a conference for it!
I don't have time to address your million and one countless points. I get it, you think we live in a sort of communist eutopia, where semi skilled workers are "owed" as much as highly skilled workers, but thats not reality for the vast majority of working people. £26.50 for weeding is taking the p, and if you over-charged a vulnerable eg elderly person too much, you can end up being charged by the police. And rightly so.
I don't know how you have so much time on your hands to try and constantly post saying the same thing over and over again. I know people work different hours, I like to pop in on here on my coffee break, but I've been quite generous in explaining what I do. What is it you do? Do you have a job? I would expect that the OP, being a doctor who objects to paying someone more than her own hourly rate for pulling weeds, is working...
I actually think HMRC should publish average rates for various self employed trades, including qualified and unqualified rates. But of course we all know that a lot of it will be cash in hand and either not declared, or only partially declared, so it would be almost impossible to get a true figure. But we have standard rates in many other employment fields, eg nursing is on a pay scale, as are most jobs, so why not?
Wierdlynormal @GreenlandTheMovie I trust your academic work is not in economics or a business subject* its in an area where some of us have our eye on a nice little consultancy or 1 day per week well remunerated government post, once we've made enough contacts or have enough on our cvs...whats with all the little nasty digs on this thread?
JeezyPeeps you are absolutely correct. In the Netherlands however, employees can deduct their actual travelling expenses from their income tax bills. Theres a mileage maximum, but I think its very generous, something like 120km, and theres no limit beyond that on claiming your actual costs for either public transport or private vehicle. Meanwhile here, you only get the pitiful government set mileage allowance and if wfh, as many of us are, the even more pitiful employee allowance for that, which in no way covers real extra costs in electricity, gas, provision of office equipment, etc. Or if it does, I will claim once I've checked for next year but since most people aren't self assessed, how would they even go about justifying the amount of time it would take to provide receipts and make such a claim?