Hi Folks,
I'm in seriously need of some advice, behind in my tax submissions for the last couple of years.
I am self employed but drastically reduced my hours of work in order to look after my dad, who paid me a fee to look after him & his affairs for 2 years prior to going into a nursing home. He had a live in carer for night time, so I just did days.
My question is, do I have to pay VAT to the revenue on the money he paid me to care for him.
I happily will pay income tax on the money, but just feel like it is terribly unfair that I have to go & pay VAT on the small amount he could afford to pay me instead of working.
Any advise is appreciated. I have had a baby, doing a very little bit of work since he was 12 weeks to make ends meet & have no idea how I will meet a VAT bill on this if i have to.
Thanks in advance
KT
I'm in seriously need of some advice, behind in my tax submissions for the last couple of years.
I am self employed but drastically reduced my hours of work in order to look after my dad, who paid me a fee to look after him & his affairs for 2 years prior to going into a nursing home. He had a live in carer for night time, so I just did days.
My question is, do I have to pay VAT to the revenue on the money he paid me to care for him.
I happily will pay income tax on the money, but just feel like it is terribly unfair that I have to go & pay VAT on the small amount he could afford to pay me instead of working.
Any advise is appreciated. I have had a baby, doing a very little bit of work since he was 12 weeks to make ends meet & have no idea how I will meet a VAT bill on this if i have to.
Thanks in advance
KT