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Colin Hunt replied to Phil Birtwhistle's discussion Downsizing
"Do 'petrol costs' have that much impact on your profitablity, Phil - especially as the price of petrol is 25% down on 4 months ago?  There will always be running costs when tools are involved. By far the largest overhead are wages."
10 minutes ago
Graham Taylor replied to Phil Birtwhistle's discussion Downsizing
"They're still not getting any "benefit" from the VAT charge....... at the most,if they're lucky, they won't end up paying any extra on the final bill however from my experience, VAT traders always cost more in the end."
44 minutes ago
Gary replied to Phil Voice's discussion When should a sole trader become a limited company?
"The 'landscape' has also changed making it even harder to determine by the loss of the value of 'Goodwill' and the change in Corp Tax over recent budgets ."
1 hour ago
Phil Voice posted a discussion
One of the most common questions asked by the self-employed is whether to trade as a company or as an individual. The decision has implications for tax, legal and financial responsibilities, the amount of paperwork you will need to complete and how…
1 hour ago
Bill Cordès replied to Jordan Drew's discussion New business start up
"By all means mate, nice one"
2 hours ago
paul mcdermott’s discussion was featured
Current vat regs state that if your turnover exceeds £81000 (that's turnover not profit alas) then you must register for vat. This means that all your prices increase by 20%.Whilst this may be acceptable for commercial contracts,most of whom will cl…
2 hours ago
Blair Flynn liked Paul Simon Bryan's discussion Becoming a Garden designer.
3 hours ago
Nick @ NM Garden Services Ltd replied to Phil Birtwhistle's discussion Downsizing
"Disagree that domestic clients pay 20% Vat for no benefit. Being VAT registered means we can recover some of our running costs which are then reflected in the prices charged."
3 hours ago
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Latest forum discussions

Downsizing

Hi everyone, We have been going for 30+ years, but with the overheads getting bigger and bigger each year, we are feeling the need to downsize (maybe even escape the VAT bracket). Has anyone got any advice for us on the best way to reduce costs and…

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4 Replies · Reply by Colin Hunt 10 minutes ago

Minimum Charge

Hello all, thank you for taking the time to read my post and question. This will be my first full season as a self employed landscaper and maintenance gardener. I'm wondering if the general idea of a minimum charge is common with other maintenance…

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41 Replies · Reply by Gary 4 hours ago

Lightweight Mower

Hi all, I hope everyone is well.I am just sorting out new gear for this season and was wondering what you guys use as a small lightweight mower for those small lawns with difficult access.I have been looking at the Viking mb448 and wanted to know if…

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33 Replies · Reply by Graham Wright 20 hours ago

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