Crewtart Posted August 31, 2006 Share Posted August 31, 2006 This is the first time I've seen this. I wd be inclined to invoice ONLY for the labour, and not the PDs. Anyone care to advise? Link to comment Share on other sites More sharing options...
steve1159 Posted August 31, 2006 Share Posted August 31, 2006 Well of course-Maybe if you put a bit of background or other reference around your message it may be more meaningful. Having said that -welcome to the Blue room Link to comment Share on other sites More sharing options...
Crewtart Posted August 31, 2006 Author Share Posted August 31, 2006 Well, basically, I've recived a purchase order for a few days work with an AV firm. As well as the labour, the PO contains an entry for PDs. I have never seen this before. I'd be invoicing for labour alone, surely? Link to comment Share on other sites More sharing options...
Tom Posted August 31, 2006 Share Posted August 31, 2006 Your PDs are taxable income and so should be included in your invoice. You then offset this by claiming your expenses against taxable income when you do your tax return. T Link to comment Share on other sites More sharing options...
Crewtart Posted August 31, 2006 Author Share Posted August 31, 2006 Thanks. Wasn't sure about them being taxable. So I put them down as 'expenses' on the tax form? Link to comment Share on other sites More sharing options...
Seano Posted August 31, 2006 Share Posted August 31, 2006 No, like your fee they're income. Keep receipts from what you spend them on - that's expenses. If you have PDs left over at the end of the expenses, I'm afraid that'll be taxable income. Caveat: I'm not an accountant. Link to comment Share on other sites More sharing options...
Crewtart Posted September 1, 2006 Author Share Posted September 1, 2006 No, like your fee they're income. Keep receipts from what you spend them on - that's expenses. If you have PDs left over at the end of the expenses, I'm afraid that'll be taxable income. Caveat: I'm not an accountant. So, spend, spend spend, then?? Link to comment Share on other sites More sharing options...
timmath Posted September 1, 2006 Share Posted September 1, 2006 Invoicing you PD's is very common with AV companies. Most people invoice the total on the PO as "Services as quoted ref PO-XYZ123" Avoid putting things like "expenses, travel, parking etc" as being a freelancer you should have "quoted" they job in the first place. Regards Tim Link to comment Share on other sites More sharing options...
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