benedmonds
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Everything posted by benedmonds
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Does anyone recognise it? Council owned then sat doing very little in a tree surgeons yard without the drivers apparently (it might do the same in mine if my guys don't pass their C1+E tests..).. Only 23,000 miles.. Looks to have been well specified.. On board weight, reversing camera, hand wash facilities, separate tool box for fuel can etc... Currently being sprayed yellow...
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Contract hire, pcp, finance, which is best
benedmonds replied to Steve Bullman's topic in Business Management
As richy_b said, if your doing the 45p a mile thing, that has to be paid from your personnel funds and is designed to cover the costs of running the vehicle so if you do 10,000 miles £4,500 a year.. This is designed to take into account depreciation and running costs and this is tax free.. As has recently been discussed in another thread it might not be enough if your running a 4x4 with trailer... but should be OK for just your pick up.. I think you would be OK still putting the hardtop through the business. If you can justify that it is for business use.. HMRC may disagree ... -
Contract hire, pcp, finance, which is best
benedmonds replied to Steve Bullman's topic in Business Management
I am no accountant.... But as I see it... the 45p per mile is a business expense, so will lower the amount of corporation tax you pay and will therefore lower your overall tax liabilities.. You might find you go to a load of effort for a few quid a year... Accountants make things way to complicated for me, I think they do it to justify their fees... Whenever I go to see mine I glaze over after about 3 mins looking at his spreadsheets. These don't even seem to correlate to the sales and expenses that we provide him... -
Cyclists have a rule that could be applied to saws for some of you lot.... Velominati › On Rule #12: The Bike #1 Paradox On Rule #12: The Bike #1 Paradox. ... While the minimum number of bikes one should own is three, the correct number is n+1 , where n is the number of bikes currently owned. This equation may also be re-written as s-1 , where s is the number of bikes owned that would result in separation from your partner.
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Contract hire, pcp, finance, which is best
benedmonds replied to Steve Bullman's topic in Business Management
Another option would be to keep the truck that you know the history of, have already lost 20% on.. and charge the ltd co 45p a mile, when you are using it for business. If your VAT registered the company can still claim the VAT from the fuel portion I believe.. It might not be the most tax efficient way forward.. I don't know how the different schemes work, but I am pretty sure the companies running them make money from someone.. -
Contract hire, pcp, finance, which is best
benedmonds replied to Steve Bullman's topic in Business Management
I can't get past the depreciation, let alone other costs in not buying outright.. According to the AA, The average new car will have a residual value of around 40% of its new price after three years or in other words will have lost around 60% of its value at an average of 20% per year. I guess for you Steve it is a personal truck and you might look after it, but my employees and wife and kids to be honest, would make a new car look old in a matter of days... A mechanically looked after motor should last at least 5-10 years before it starts falling apart and becomes a reliability problem.. I guess there is the argument that fleet purchasers get a good deal, but it makes more sense to me to buy at 3 or 5 years old when the majority of the depreciation is over... and as there are contract hire vehicles people are keeping for 3 years there should be a decent selection of vehicles.. -
I have filled out the PQQ twice over the years but never actually done any work. A firm local to us seems to be well in bed with them and has 2 or 3 teams but I think it is mostly doing road and rail.
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It might not be an enforcement issue.. The council might come out, work out the overall action hedge height and tell the complainer to stop moaning... Someone has to pay for this service...
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The best use of your cash would be to offer to pay to get the works done. Calculate the action Hedge Height.. https://www.gov.uk/government/publications/hedge-height-and-light-loss If this height is acceptable to you show it to your neighbour, explain that you would rather use £500 on doing the works then waste it on the council, who could serve an enforcement notice on the hedge, making them do the works at their cost. If this doesn't work try some other mediation and as a last resort go to the council...
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I happened to check ours last week (I don't do the maintenance).. TW190 has 1,470 hrs TW 250's 1,776 and 926 Vermeer 230xl 1027
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You can see it now "£700 a day for a gardener..."
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After putting the 3rd or 4th clutch in one of our 3.5ton ivecos we have been told that there are 2 variants. Unfortunately you can't just put a heavy duty clutch in the standard..? That explains our difference in experience..
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Our 3.5 ton Iveco's might be able to tow 3.5 tom legally but they don't like it much. The Izusu is a much better truck in my experience.. The landrover can too, but it doesn't like stopping...
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That is one of the most short sighted least thought through council decision ever.. It will lead to a costly mess, unless they are planning the Sheffield fell everything strategy..
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I would not know where to start. Major works like this go to a mechanic.. I guess if we had a fitter who could do it it might be worth a go, but it is outside our skill-sett.
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To be honest Bob our trucks are all starting to look a little tatty... But this has been a good motor and is a way better truck then the 3.5 ton Ivecos.. The plan was to keep it another year, demoting it to a second/back up truck and replace one of the 3.5 tonners. We were looking at a Iveco 75 and have decided to buy that now. just not sure if its worth putting an engine in a vehicle that we know has been mechanically looked after but still had a hard life.....
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Our 2004 6 ton iveco has died, it needs a new engine.. Been quoted £3500 including new clutch... We paid £8K for it 6 years ago and it has been a good vehicle.. It doesn't owe us anything and we were planning to upgrade a number of our trucks soon... It was not the first on the replacement list though which is a 3.5 tonner that needs a new clutch every 6 months.. I asked a similar question a year or so back with a new to us vehicle and we went with new engine... This time I am thinking scrap... Opinions?
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Every day booked in including tpo trees I think likely to get permission.. I try to keep a bit of space in the the diary for when it goes pear shaped or when you have sickness. I try not to overbook.. But it's difficult. . Especially if someone is sick or something screws up my plans...
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vat standard rate vs the flat rate scheme
benedmonds replied to japonica's topic in Business Management
We were flat rate for years, worked really well for us. I would recommend it. Do some searches on here it's been discussed before.. -
We tried a fingerbar cutter on a compact tractor years ago and unless perfectly flat and level it didn't work we... As Ty said, hit a bump and it don't look so good.
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Technically it is South Derbyshire... Not far from Nottinghamshire De72 3nx
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We have a couple of hundred tons to get rid of.. South Notts:001_smile: Pile about twice the size now..
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http://arbtalk.co.uk/forum/large-equipment/18752-very-scary-expensive.html Nothing like bring up threads from the past.. We still use the chipper... It was out today infact...
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Incident:001_smile:
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A few from the files..
