Hi guys,
So a while back I was enquiring if anyone knew if as a Salon I have self employed staff and all their takings go through my till and then they invoice me weekly and I pay them their cut of the percentage. I managed to get confirmation from my account and also on the HMRC website they don’t don’t say you can’t do this so I’m really happy as makes for a more smoother running Salon from clients point of view if we take money at one point rather than each staff member taking separate money.
So the question I have is...if we are vat registered I will be increasing my prices at least 20% to cover this. So when the self employed staff invoice me is it right that they should deduct 20% off their prices too and then receive their % on the final balance??
Thanks xx
So a while back I was enquiring if anyone knew if as a Salon I have self employed staff and all their takings go through my till and then they invoice me weekly and I pay them their cut of the percentage. I managed to get confirmation from my account and also on the HMRC website they don’t don’t say you can’t do this so I’m really happy as makes for a more smoother running Salon from clients point of view if we take money at one point rather than each staff member taking separate money.
So the question I have is...if we are vat registered I will be increasing my prices at least 20% to cover this. So when the self employed staff invoice me is it right that they should deduct 20% off their prices too and then receive their % on the final balance??
Thanks xx