eddieh
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Dogs and HMR&CCould anyone tell me if dogs have their own tax allowance. Remi has been raking it in today, winning £3.00 in AV Puppy stakes and £1.00 in AV Junior stakes. I wouldn't like to get on the wrong side of the revenue.
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guy
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you can have dogs as a legitimate business allowance if they can be shown to contribute to the business.
Whilst Remi may be earning you need to offset these earning with any direct and indirect costs.
Direct costs could be entry fees and transport costs to get to the show.
Indirect costs would be husbandry costs that Remi might incur - food springs to mind.
Don't forget to carry forward any losses.
Well done on the results.
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eddieh
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Thanks Guy. He did get a couple of other placings.
Best AVNSC Gundog Puppy (They didn't have an only puppy rosette), 3rd Junior AVNSC gundog (nobody got Res or VHC).
The Stakes placings pleased me though as they were large classes and he got a 3rd in puppy and VHC in Junior
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Victoria
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GO REMI GO!! Congratulations!!
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sallie
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Well done to Remi. Plus a very valid point Eddie
Right that point has got me worried ... Monet earns money when out beating, should i disclose this to the inland revenue? - Monet earns between £25 - £40 every day out?
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eddieh
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If there were any "My friend thinks I should have won" rosettes, I'd have got one of those too. Actually I reckon they'd sell really well. Maybe I should get some made up.
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guy
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| eddieh wrote: | If there were any "My friend thinks I should have won" rosettes, I'd have got one of those too. Actually I reckon they'd sell really well. Maybe I should get some made up.  |
where is johnhod when you need him?
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Ghilliegumdrop
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Shall I get my tame supplier to make some up
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Victoria
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Shhhhhhish about income stuff...it only takes one bureaucratic buffoon to get a whiff of this!!!!! So will you be able to retire soon, Eddie??? I love the idea of the rosettes...excellent...!!
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eddieh
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I've a horrible feeling that Remi's winnings will exceed my pension, so I might as well.
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doganjo
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| sallie wrote: | Well done to Remi. Plus a very valid point Eddie
Right that point has got me worried ... Monet earns money when out beating, should i disclose this to the inland revenue? - Monet earns between £25 - £40 every day out? |
No he doesn't it is the beater who i paid! Most shoots theoretically take the tax off before paying out and remit to the HMRC (or should!)
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sallie
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Hmm thats strange as they gave me money when i wasn't beating but i'm not one to complain about extra cash. Will tell Monet he owes me money in that case, as i used all the money he earned on little extras for him.... new towels, fleecy blanket, toys, bed... you get the picture.
Eddie - any luck with the rosettes if anyone deserves a rosette its you
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eddieh
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| sallie wrote: |
Eddie - any luck with the rosettes if anyone deserves a rosette its you  |
I’ve a feeling that if a member of the committee of the society running a show found me selling them at a show, I could expect some unwelcome correspondence from the Kennel Club
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doganjo
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There is a trade-stand that sells rosettes of all colours and virtually any message on them. They go to all the major champ shows.
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