Work suddenly went quiet

[Thesnarlingbadger]

Hate to say it mate, but if you are getting quiet then so will the firms you hope to sub to. 

This is true but I have a couple of firms who I used to work for who have already said they will take me back for a few days if work is that bad.

[jfc]

One of my team has left to join SSE , I am now wondering if its best to stay as a two man outfit and look at deregister from vat.

[Bloom]

9 hours ago, jfc said:

One of my team has left to join SSE , I am now wondering if its best to stay as a two man outfit and look at deregister from vat.

How long do you have to be under the threshold to deregister? Pandemic pushed me over the threshold last year. However, my main subbie had to take two months off (April and May) which got me looking at how I operate. There was alot of what I would call 'bad turnover' - big turnover days but average profit. In his absence I was able to use occasional subbies and do days by myself. Turnover was down, profit was up, and I worked less. Hard to beat heading out on your own with the stump grinder once or twice a week.

[jfc]

How long do you have to be under the threshold to deregister? Pandemic pushed me over the threshold last year. However, my main subbie had to take two months off (April and May) which got me looking at how I operate. There was alot of what I would call 'bad turnover' - big turnover days but average profit. In his absence I was able to use occasional subbies and do days by myself. Turnover was down, profit was up, and I worked less. Hard to beat heading out on your own with the stump grinder once or twice a week.

I think you just need to be able to show you projected turnover will be less than 83k. I will need to speak to my accountant about it, I'm not sure what happens with vat we've reclaimed on plant etc. It might be worth the hit though.
J.

[Dan Maynard]

42 minutes ago, jfc said:

I think you just need to be able to show you projected turnover will be less than 83k. I will need to speak to my accountant about it, I'm not sure what happens with vat we've reclaimed on plant etc. It might be worth the hit though.
J.

Looks like you would suddenly be liable for a big chunk of the VAT you've reclaimed. I ponder the other way round, I could register and get the vat back on my trailer, saws etc all at once and not sure how much difference putting price up 10% would make.

[Steve Bullman]

45 minutes ago, Dan Maynard said:

Looks like you would suddenly be liable for a big chunk of the VAT you've reclaimed. I ponder the other way round, I could register and get the vat back on my trailer, saws etc all at once and not sure how much difference putting price up 10% would make.

Yep thats a good way to get a quick injection of cash if you have recently purchased a lot of stuff.

[openspaceman]

57 minutes ago, Dan Maynard said:

Looks like you would suddenly be liable for a big chunk of the VAT you've reclaimed.

Yes but I think you only pay back VAT on the  depreciated value of the assets you purchased

[oldwoodcutter]

We know it’s quiet when the many tree worker sites that run alongside A/T , that somehow pour onto my phone 24 hrs a day have subbie climbers offering their services and willing to drive for half a day to bash trees down for me are increasing on a daily basis .

[Thesnarlingbadger]

We know it’s quiet when the many tree worker sites that run alongside A/T , that somehow pour onto my phone 24 hrs a day have subbie climbers offering their services and willing to drive for half a day to bash trees down for me are increasing on a daily basis .

Mind you a good opportunity to get some good staff in and kick out the deadwood I’ve been doing this slowly over time but within the last couple of months I’ve been able to get rid a a few who have been pissing me off for a while. Although I am always going to have issues with some plonkers the majority of the guys I have in at the moment work hard and have the right attitude. When I was flat out a few months back I couldn’t get rid of any of the time wasters as I needed them in because the other time wasters didn’t turn up. I guess use the slow period to your advantage.

[treevolution]

Has anyone found that things have picked up yet. 

 

Still not running a full week but have work to tie me over.