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Stephen Blair

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Everything posted by Stephen Blair

  1. You only give it back if you sell the kit, Huck it's only if the kit is sold for £5k or more giving the minimum Vat of £1000. So basically guys if you want to buy some new kit or renew your old stuff you bought less than 4 years ago, like a van, chipper and a whole pile of saws, go Vat Reg, claim you previous Vat, put it towards your new kit which youngest the vat back on to, put a lot of new kit into your business, reduce your yearly profits by capital expenditure and depreciation be Vat Reg for the minimum about of time then de register. . You will pay very little tax for the next year and not have a large vat outlay. If you are planning on buying a home or financing new larger kit don't write too much off on depreciation the first year and keep your profit higher to help borrowing. It's not a dodge it's following the rules they put in place. My Vat inspection found another £1100 the bookkeeper missed.
  2. Expect a vat inspection too. Well I got 1. I've been on and off Vat Reg over the last 7 years just depending on machinery and volume of work. So if you go Vat, it doesn't work out you can stop, you just have to pay any Vat on assets you sell if the vat is more than £1k
  3. Yes, when I went Vat years ago I got £8k back on 3 years vat assets which paid for my new chipper. Anything you buy with vat gets deducted from what you charge with Vat for work. I think now it's 4 years Vat assets
  4. That was my thoughts on the subject!
  5. A couple of trees got it too, I wonder if any of you guys will be involved removing the timber
  6. Cheers Ben, good info!
  7. People need the OT to pay their bills!
  8. Yours could be adapted with mounting an eye further back I would of thought
  9. I know what you mean, my mates got 1 on his 1.5 toner and you can't work close it, you have to pick things up at almost full reach.
  10. I've just turned 40 a few months back, got a few aches and pains! I'd welcome some tips from a 50 year old
  11. Blizzards most of the day here!
  12. Thanks! https://www.facebook.com/MiningEarthmovingMachinery/videos/994444867269975/
  13. No probs up here mate!
  14. I think a hydraulic thumb would be excellent! Did you make your own? More pics if you could please
  15. Great piece of kit, I've never seen anything like that before!
  16. I never knew such a thing existed!
  17. The majority of people are good! Takes everyone to show some compassion and kindness and it becomes infectious!
  18. That's the man to speak too, realistically you need a good £100k for what you are after.
  19. Buy it off him
  20. 8" and less it doesn't compost, any more than that and it will:thumbup1:
  21. A micro chipper would of been a treat there mate!
  22. I have a CAT 307, I have a tilty bucket for ditching and scraping. It's £1500 and does 2 things, tilt 1 way, tilt another! Not a tilt rotator is a diferent tool altogether. if you are road making and ditching then it's the tool for the job but it's big money!
  23. We are talking about a job where there was no charge for removal Billy, free tree to help yourself too, process it and then charge them for the logs.

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