My partner is going self employed so i will just give a quick brief up on what he does and what im trying to achieve being here!
John my partner works for a dog groomer , but she is paying him Cash in hand ( Which we are both not happy about but he cant turn down the money or we be living on the streets) he is also working at a dog kennels … low and behold that is also cash in hand. what he wants to do is go self employed so he can pay his stamp and taxes ( if he meets the threshold)
He has registered today as Self Employed .
He gets paid weekly by them both so i was wondering does he present invoices to them on a weekly basis , for his services as an agency dog groomer . Also he will be using his personal account so when he takes drawings there will be no bank transfer between a business account and a personal account . So do i still record on Quick files a transfer from Current a/c to Proprietor Drawings Account a/c . And could he take the whole amount out of current and personally pay for his phone and fuel as he will be under the tax threshold .
I do apologise for any errors in my grammar . Its been a long and frustrating day for me