25-07-2012, 06:24
I'm not an accountant but sure one will arrive shortly, I took advice on the first part of your question and I use the figure paid to me by AW as my gross income. It's not strictly speaking accurate but it is incredibly difficult to make the figures tally and it is all there if needed to be shown.
With respect to the second question, I would suspect that because this is money in the course of your business (you wouldn't get it if he wasn't a customer) that you'd need to declare it...but of course there may be lots of rules around side payments.
It also means that you're taking payment other than through AW and that could cause a problem! I don't think it could be seen as a gift because it's part of the financial domination but I stand to be corrected.
With respect to the second question, I would suspect that because this is money in the course of your business (you wouldn't get it if he wasn't a customer) that you'd need to declare it...but of course there may be lots of rules around side payments.
It also means that you're taking payment other than through AW and that could cause a problem! I don't think it could be seen as a gift because it's part of the financial domination but I stand to be corrected.