JTRS
11-09-2009, 08:09 AM
As some of you will know I'm relatively new to DJing and recently I have done a few pub quizzes, one of which has really taken off and it's now become a firm weekly booking.
Whilst sorting out the contracts the Manager of the Pub gave me some paperwork (from either his Area Manager, or Head Office) which is to be completed every week, it details income from quiz sheets (£1 per team) and also income from Play Your Cards Right (£1 per ticket). The next box is where you enter this combined income (from sale of quiz sheets and play your cards right) and multiply it by 0.85, this then gives the net figure that is given away as the prize money if someone does play their cards right (if not it rolls over to next week).
Apparently, income from customers is taxable and the 15% deducted is the tax payable on the income and must be paid over to HMRC.
Has anyone else come across this, is this correct?
I'm asking because this is the only pub that has ever asked me to do this, and my limited experience (3 other pubs, all of which pay out the full amount taken in with no deductions) is making me wonder which is correct.
Thanks in advance
JTRS
Whilst sorting out the contracts the Manager of the Pub gave me some paperwork (from either his Area Manager, or Head Office) which is to be completed every week, it details income from quiz sheets (£1 per team) and also income from Play Your Cards Right (£1 per ticket). The next box is where you enter this combined income (from sale of quiz sheets and play your cards right) and multiply it by 0.85, this then gives the net figure that is given away as the prize money if someone does play their cards right (if not it rolls over to next week).
Apparently, income from customers is taxable and the 15% deducted is the tax payable on the income and must be paid over to HMRC.
Has anyone else come across this, is this correct?
I'm asking because this is the only pub that has ever asked me to do this, and my limited experience (3 other pubs, all of which pay out the full amount taken in with no deductions) is making me wonder which is correct.
Thanks in advance
JTRS