Do SP's pay taxes?

[Maury Beniowski]

Many SPs make regular remittances at their local Casino.

Since the government gets the lion's share of Casino revenues, one could argue they pay significantly already, at the provincial level anyway...

 

[InTheBum]

Many SPs make regular remittances at their local Casino.

Since the government gets the lion's share of Casino revenues, one could argue they pay significantly already, at the provincial level anyway...

Your comments make no sense...anyone who gambles would lose long-term, unless a poker pro that grinds it out playing the %'s and reading other ppl correctly. Last time I checked, 98% of the people in casinos could never be an SP...LOL

 

[Maury Beniowski]

Your comments make no sense...

They were made with tongue firmly planted in cheek...

anyone who gambles would lose long-term, unless a poker pro that grinds it out playing the %'s and reading other ppl correctly.

Knowing how to play any game brings the desired results - winning. Most players are in there for the wrong reasons, and usually end up paying the savvy - like me...

Last time I checked, 98% of the people in casinos could never be an SP...LOL

I agree, but know many SPs who are "regular" regulars as soon as there's some jingle in their jeans.

In conclusion, please accept my apologies for tarnishing your serious thread...

 

[TheGuy]

Don't think so

Considering probably 98% of clients pay cash, I highly doubt SP's claim much if any income. Should the govt start targeting SP's as income tax avoiders...wouldnt be very hard to track them down and make an estimate on their earnings. For example, lets say an SP charges 250 hr and sees 3 clients a day, 450 cash per day x 5 = $117,000 tax free...right up there with your avg Dr. making around 200k a yr, but they pay a ton of taxes...

1) Most SP's only spend a year or so and then move on to regular work
2) Very few manage to see 15 a week at 250 over the long term
3) The great thing about cash is that it easy to spend and impossible to track if it does hit the bank. Cheque cashing places provide lots of services (prepaid credit cards, money transfers, etc) with little or no tracking.
4) It is easier for CRS to go after plummers, etc... with SP's lifestyles it would be almost impossible.

 

[beenaround]

taxes?

I knew a SP in Vancouver, now retired, who was quite a little money making machine.

She was organized and motivated to achieve her financial goals.

And, she also didn't want to get busted. So she took precautions.

She had a legal, registered company set up - ABC house cleaning services.(not the real name)

She declared about 30k annually. Paid her taxes.

No one ever looked twice at her returns - single female with a house cleaning business. Perfectly plausible.

Her actual income was approximately a quarter of a million dollers annually.

She worked 5 days a week, more or less. And saw 4-5 clients a day. She advertised heavily, locally, and had a good base of regulars. This was back in 2000-2001, so she was charging 200/hr. Her daily goal was 1000. Her weekly goal was 5000. You do the math. 52 x 5000 = 260,000.

Now she took off a week here or there, and had expenses of course; her incall place, phone, advertising.

But all that totalled around 30k a year. She was netting well over 200k.

She converted most of it to gold and diamonds. Kept in a safety deposit box.

When she retired, she moved back east, planning on going legit - opening a chain of laundromats or something equally boring, but stable.


I also know another SP, currently working, who declares all her income. Pays her taxes, including GST. She had a mortgage, so wanted everything on paper, to prove her worth. She gripes about the GST, though. Because she apparently can't deduct what she pays out in GST, like most businesses would. Some kind of double standard for escorts from CRA's view.



been around some

 

[MrDaty]

So, next time you are pissed at your SP for not acting like she loves you or some fucking thing you can make an anonymous report to Revcan to teach her a lesson..hahahahah.

 

[Miss Laura Lea]

Considering probably 98% of clients pay cash, I highly doubt SP's claim much if any income. Should the govt start targeting SP's as income tax avoiders...wouldnt be very hard to track them down and make an estimate on their earnings. For example, lets say an SP charges 250 hr and sees 3 clients a day, 450 cash per day x 5 = $117,000 tax free...right up there with your avg Dr. making around 200k a yr, but they pay a ton of taxes...

yeah.. cause we all see 3 clients a day.....
yes I realize thats not the point of the thread, but there is no way that 'estimate' could possibly apply to all sps. I see around 1 person PER WEEK, and many ladies see 2-3 a week

 

[Enchanted One]

Broked Retired SP's

I know a lady who used to sell exotic clothing for working girls. She tells
me most girls who leave the biz have nothing to show for it - no savings,
no higher education. Some leave because they get married. Some are too
burned out to continue or decide to leave for their own reasons.

It's easy to spend money in this cash based industry. The money goes
towards dining out, smokes, drinks, hair extensions, lip augmentation,
cosmetic surgery, expensive gifts for boyfriends & kids, etc.

I have worked with girls who clear 5-8k per month and when it's close to
rent time, they panick!

Many girls in the trade lack the discipline to pursue higher education or
a "normal" office type of job. It cuts into their drinking (not kidding) and
they certainly can't show up to work late or with a hang over in a normal
job. Also many girls cannot sustain their lifestyles with starting salaries of
$9-$12 in a normal job.

But the ones who do manage to leave the trade successfully have goals
& pursue them. They might live on a lesser salary but their life is more
balanced.

Three clients daily at $250? That's 20 clients a wk. That's a lot of traffic.
It doesn't matter if it's a live-in incall or not, still a lot of traffice &
eventually your neighbours will notice. Not too many people here in Van.
can afford to see an higher end provider at that price on a wkly basis.
The market simply can't bear it.

 

[georgebushmoron]

Three clients daily at $250? That's 20 clients a wk. That's a lot of traffic.

yeah.. cause we all see 3 clients a day.....
yes I realize thats not the point of the thread, but there is no way that 'estimate' could possibly apply to all sps. I see around 1 person PER WEEK, and many ladies see 2-3 a week

Time for you two to wake up and smell the coffee. The typical AMP girl sees a minimum of 3 clients per day. The typical AMP girl works 6 days a week. The typical AMP girl will see about 100 clients a month.... that's over 1000 per year. I've personally been with 3 very popular AMP girls who were seeing 6 to 12 customers a day.... 2000 to 4000 customers per year.

It's amazing how some people can be so far in the dark.

 

[Mr.O]

I can say about the same thing.

I know a lady who used to sell exotic clothing for working girls. She tells
me most girls who leave the biz have nothing to show for it - no savings,
no higher education. Some leave because they get married. Some are too
burned out to continue or decide to leave for their own reasons.

It's easy to spend money in this cash based industry. The money goes
towards dining out, smokes, drinks, hair extensions, lip augmentation,
cosmetic surgery, expensive gifts for boyfriends & kids, etc.

I have worked with girls who clear 5-8k per month and when it's close to
rent time, they panick!

Many girls in the trade lack the discipline to pursue higher education or
a "normal" office type of job. It cuts into their drinking (not kidding) and
they certainly can't show up to work late or with a hang over in a normal
job. Also many girls cannot sustain their lifestyles with starting salaries of
$9-$12 in a normal job.

But the ones who do manage to leave the trade successfully have goals
& pursue them. They might live on a lesser salary but their life is more
balanced.

Three clients daily at $250? That's 20 clients a wk. That's a lot of traffic.
It doesn't matter if it's a live-in incall or not, still a lot of traffice &
eventually your neighbours will notice. Not too many people here in Van.
can afford to see an higher end provider at that price on a wkly basis.
The market simply can't bear it.

Known a couple & tried to help but usually they are too shallow to realise anything for the future.

It is a rare SP indeed who see's this as a "business" rather than a "lifestyle"!

There are quite a lot of "trade" people here in Van & across this Country (vast majority women) & there is a fair amount of competition in the upper levels of this profession as well as the lower.

Some have the knack to find their market niche & thus do quite well & the rest are just out there makin' a livin'.

It's got to be a business or your just wastin' time.

 

[Mr. Jones]

girls taxation ...

Wow - this thread seems to be much more about our prurient interest in money (seems to outweigh the interest in sex - a measure of the Canadian psyche / thrust?). The deafening silence from most of our dear SP's would indicate to me that you originatiors (of this thread) are pushing too far.

As an editorial note - my experience in this hobby leads me to believe that the majority of girls declare a reasonable amount of their income in order to appear legit and fly below the CRA (SHOULD REALLY BE "crap"?). What more do youu need to know???

So - let's give this one a rest, huh???

Oh, BTW - like my new aphorism???

 

[Enchanted One]

Time for you two to wake up and smell the coffee. The typical AMP girl sees a minimum of 3 clients per day. The typical AMP girl works 6 days a week. The typical AMP girl will see about 100 clients a month.... that's over 1000 per year. I've personally been with 3 very popular AMP girls who were seeing 6 to 12 customers a day.... 2000 to 4000 customers per year.

It's amazing how some people can be so far in the dark.
(ABOVE BY GBM)

Not too many people can sustain that for a long period of time. In order to
have that volumn of clients, we would have to be on call for 12 hrs. daily or
more. No gym workouts. No hobbies. No time for educational advancement.
No time for looking after kids (for those who have them).

Some of us ladies have other pursuits & interests as well (part time or
even full time "square" jobs).

Also remember AMP are licensed businesses. A certain amount of traffic
is expected. Try explaining to your neighbours at your highrise condo why
you have 20 random men appearing at your door front!

I hope this will put things into perspective as to why some providers are
low volumn (by choice).

 

[Maury Beniowski]

Time for you two to wake up and smell the coffee. The typical AMP girl sees a minimum of 3 clients per day. The typical AMP girl works 6 days a week. The typical AMP girl will see about 100 clients a month.... that's over 1000 per year. I've personally been with 3 very popular AMP girls who were seeing 6 to 12 customers a day.... 2000 to 4000 customers per year.

The numbers you quote are the exception, not the rule. Most of the ASPs I know struggle along hoping for at least two a day, in a 20 day month (maybe). And... did you neglect to include periods in your analysis? Not many ladies work through them, and of course there are days off, sick time, and the occasional trips back home. All and all, your 100 clients a month estimate is overly optimistic...

 

[Enchanted One]

Thank You Maury!

Thanks for your input. We ladies are human not robots. It's simply easier
to have a higher volumn when you have someone else pushing you to see
clients, selling you over the phone & answering your calls. As any
independent provider can tell you, tackling calls can be time consuming
& sometimes annoying.

Sometimes we don't want to see clients on those days when we're suffering
from pms, from colds/flus & having "down" time with friends & families.
We like to take some time off to smell the roses! What's the point of
working if you can't reward yourself once in a while? Nice to indulge in a
leisurely lunch or cofee break. Shopping at the mall. Just being outdoors
to enjoy the sunshine or catching up on the latest movie.

 

[georgebushmoron]

The numbers you quote are the exception, not the rule. Most of the ASPs I know struggle along hoping for at least two a day, in a 20 day month (maybe). And... did you neglect to include periods in your analysis? Not many ladies work through them, and of course there are days off, sick time, and the occasional trips back home. All and all, your 100 clients a month estimate is overly optimistic...

Ahh, perhaps you are right. My estimates are skewed because I tend to only remember the popular ones. Yes, I believe that most AMP girls are seeing perhaps up to 3 a day. I'm very choosy so I don't usually select ones are too plain, which would be those ones who have the numbers you gave. I believe a lot of ladies work through a portion of their periods though, usually the tail end of it where there is little blood (especially can not be detected on a condom in the dark room of a MP). All in all, I believe they average 25 of a possible 30 working days a month. If it were 2 customers a day, that's 50 customers a month, 600 a year. That's still a lot of cocks to suck in my book.

 

[Annalise Lane]

And from a thick chick who lives in an over populated city like Edmonton, where there are more MP's then escorts. with me being a ho by all rights is over age and over weight, and I clear upwards of 7 k a month.

Now after all my expenses, 40% of it, I get to keep 60% CRA 15%- 20% of income, not your business expenses.

Quick books rocks ASS - it tells you what your remittence is every month to CRA. Along with that if you put 100 dollars every month into an RRSP account, like clock work and do your regular savings plan, of 10% of your (gross or net ) income by the time your done with this industry you should have your mortage paid off.

It seems to me, that most of the girls who have responded to this thread are using this occupation as a means to live an easier life and NOT seeing it like a business where there is tons of amazing possilbity. In order to make upwards of 6 - 10 k a month your advetising bill should be about a grand.

CRA wont allow you to write off stockings, salon visits, or clothing, because we are in sales and our clothing does not make our careers any better. Vehicle maintence and gas is usually split between your personal life and your professional one based on how much you drive for work.

It's wise to keep track of your income so you can determine which months are busy and which are slower. Personally I've noticed 3 months a year are much slower, and about 2 months a year which are AMAZINGLY busy. The rest of the months to make the year complete is steady with no highs or lows.

What these boys are talking about with Vancouver's amp's is VERY accutate. I know girls who do 50 plus stays a month upwards of 100 stays. Good on them - in and out - and on to other things.

However, some ladies are career sp's and that should NOT be knocked. There is ABSOLUTELY nothing wrong with this business if the lady keeps her head on straight, doesn't get into the drugs or starts drinking to much, blah blah ....

OH and if the lady wants to write off flights and travel - she needs the recipt to prove it. If it is a gift - she can still write it off, she has to first claim it as an expense, which comes off the top of her income as a business expense. It works if you want to lower your CRA portion, but does not affect your household income as it brought in and leaves the same way. ( if that is worded right )

Anyway, I've rambled on

~ peace ~

 

[ms.belair]

Way to go Annalise Lane!

Quick books rocks ASS - it tells you what your remittence is every month to CRA. Along with that if you put 100 dollars every month into an RRSP account, like clock work and do your regular savings plan, of 10% of your (gross or net ) income by the time your done with this industry you should have your mortage paid off.

~ peace ~

You "rock ASS"!

 

[westwoody]

Well kudos to AL and Maggie and the others who have a level head. I know a girl who had your approach to escorting and she came out of it very well. But I know another one who has a good revenue stream, but absolutely cannot manage her money at all. She really works hard and it kills me to see how little she has to show for it.
Don't ever, ever think you can put one over on CCRA. There are lots of very smart people there, who are NOT "lazy morons" or "silly servants". If they decide to go after you, being a smartass will not help you.

 

[elaine]

Errr...how could you deduct presents to you? That doesn't make sense at all. As for using your PST number, that use is only intended for re-sell.
No, it's end product result. Razors I use to manufacture elaine up to the buyers need, are not PST'able. Anything that touches the product and alters that product is not PST'able. Mousse, hairspray, it alters the end product from its raw state.

If you're buying shoes to re-sell, then you do not have to pay PST. PST is only chargable to the end user. That's right, you don't pay PST if it is still being used to manufacture the product, I'm an OEM I guess of 'elaine' Bras, see it also alters after each encounter so itself is not original so even that I do not need to pay as the bra has been changed in the manufacturing process!

Do you offer receipts to your clients? Do you charge them both GST and pst on top of your rate?
As for charging, yes if reciept is requested I break it down for them, otherwise I self asses.


For tax purposes, do you keep a record of your customers and what they have paid? Have they supplied me with a place to invoice then yes it would be available for them. Otherwise, there's bald guy 1thru 8 and brunette with glasses 1thru 4 etc.

Every company will be audited in Manitoba PST within their first 6 years of operation, no matter what. So I have gone thru this.

 

[wilde]

A pal of mine here in Calgary works for CCRA or whatever the hell they are called now. We were a couple of single guys ranting about prices in Calgary when this topic came up. He smiled and said they are starting to view escort websites as a way of determining likely annual incomes and then using "means" to find out their actual identities to make sure all lines up come tax time. He said they have had this sort of program in place for all sorts of other cash industries but in the past few years are starting to look at things on the periphery like escorts. I suspect they will be looking back a few years in each case too. Stay tuned, could be interesting.

If I was a CRA auditor that's exactly where I would start. If it's considered tax evasion, they can theoretically go back as many years as they see fit.

.