Has anyone fallen victim of the new rules for claiming Tax credits if your self employed. Apparently if you dont run your business the way the government expect you to then your claim will not be accepted. These are some of the new business rules.
you have to have a customer list, produce consice sales invoices, or official contracts with customers or CIS payslips
A list of suppliers, proof you buy from trade only wholesalers, produce reciepts for all expenses
provide up to date business banking, credit card, paypal, ebay business statements
produce a fixed price list showing hourly or daily rates, copies of quotations
keep a diary and appointment book and record daily takings and expenses
produce evidence of how you advertise your business
produce relavent trade qualifications nvqs etc
prove you have business insurance, premises or an area of your home you work from
prove your vehicles are insured and used for business use
prove you have proffesional accountancy and advisors to assist with your business affairs
plus you have to produce a business plan showing how you will make a profit and how much that will be
Apparently failure to provide all or most of the above mean you and your business do not qualify any longer. Therfore statistically you are no longer a self employed business owner, but then try telling the tax man that. Same government office HMRC, but different rules. This is another one of CaMORONS government con tricks
Please