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netizens

I heard recently of surgical colleagues who accept goods to the value from clients for surgical services.

Is is a common practice to barter for podiatric services ? Is it legal?

toeslayer

 

Re: Bartering for serves

Perfectly legal Syd, but one can assume the Revenue won't be too happy. Just negotiated a free servicing contract for my new car in return for free surgery visits for the motor engineer, his wife and two daughters. I have other patients - a publican, a dentist, an accountant - who have just as much respect for Mr Darling as I do - and who also exchange services in lieu of payment. Regrettably my regular patient who is a dominatrix is not so inclined.....:craig:

 

Re: Bartering for serves

Mark

>Regrettably my regular patient who is a dominatrix is not so inclined.....

Here comes a smutty inuendo.

"Oh, what's her name? As you know I am bisexual and quite willing to pay for it, if I cannot get it for nothing !" ;)

Syd Knee toeslayer

 

Re: Bartering for serves

While I can't speak with any authority on this topic, it is my understanding that it is legal, BUT you have to declare the equivalent $ amount in your books as its still "income".

 

Great topic

I trade my consult fee with my dog's veterinarian's consult fees and record it as a cash transaction.
I get the better end of the deal, but I think he revels in the magnanimity of it.

The barter system is alive and well (my best regards to our friends at Tax Office).

Jair

 

Would the same count when seeing 'freebies'?

I include these 'blessings' in my diary as FOC (free of charge). You know the ones, mum, mums pal & even my 200 mile round trip FOC dom to Liverpool to see my nan every 6 weeks. (Don't claim petrol though, payment = cup of coffee n a hug).

Is it still bartering when emotional blackmail is used in place of a returned service? :rolleyes:

 

Did someone say 'freebies' :)

 

Theoretically, patients may choose to pay in any form they wish, legal form that is. However, it must be kept in mind that payment for services in whatever form will be considered income in most jurisdictions. There are provisions also in certain jurisdictions for various forms of payment of this type to be subject to fringe benefits tax. Regardless, in most situations the "cashed up" value of the payment will need to be considered.

NIKO