gensetsteve
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Everything posted by gensetsteve
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Log sales what % goes to the black economy
gensetsteve replied to gensetsteve's topic in Firewood forum
The answer to your first question is yes I would say its a god given right of every tree surgeon to sell his arb arisings as logs through which ever transaction method he chooses. What annoys me is people who accumulate a pile of arb waste from what ever source then sell it cheap whilst poncing of the dole ( your tax ) killing your living. They dont have cord wood as they dont have the facilities to store hence the reason they run out in a few weeks. -
Log sales what % goes to the black economy
gensetsteve replied to gensetsteve's topic in Firewood forum
The answer to your first question is yes I would say its a god given right of every tree surgeon to sell his arb arisings as logs through which ever transaction method he chooses. What annoys me is people who accumulate a pile of arb waste from what ever source then sell it cheap whilst poncing of the dole ( your tax ) killing your living. They dont have cord wood as they dont have the facilities to store hence the reason they run out in a few weeks. -
Log sales what % goes to the black economy
gensetsteve replied to gensetsteve's topic in Firewood forum
Noticed more over the last few years its impossible to sell logs against people keeping under the radar on the dole during the early autumn. Has anybody noticed after a cold spell they run out then it goes nuts. Unfortunately if its mild all winter its hard to sell a huge stock of logs. With more people on the dole soon I think it may get harder. -
Log sales what % goes to the black economy
gensetsteve replied to gensetsteve's topic in Firewood forum
Noticed more over the last few years its impossible to sell logs against people keeping under the radar on the dole during the early autumn. Has anybody noticed after a cold spell they run out then it goes nuts. Unfortunately if its mild all winter its hard to sell a huge stock of logs. With more people on the dole soon I think it may get harder. -
Noticed more over the last few years its impossible to sell logs against people keeping under the radar on the dole during the early autumn. Has anybody noticed after a cold spell they run out then it goes nuts. Unfortunately if its mild all winter its hard to sell a huge stock of logs. With more people on the dole soon I think it may get harder.
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I can see your point. Also alot of large organisations do very well out of it. WHSmiths are onto a winner very little they sell has vat on yet they claim it back on their expenses. No vat on travel or insurance or AA break down cover
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I can see your point. Also alot of large organisations do very well out of it. WHSmiths are onto a winner very little they sell has vat on yet they claim it back on their expenses. No vat on travel or insurance or AA break down cover
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But there is £1200 range rovers and £80,000 range rovers. If you change your 80k RR every year you have money to burn
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But there is £1200 range rovers and £80,000 range rovers. If you change your 80k RR every year you have money to burn
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Not my area but we have had hardly any rain for the last 4 weeks and everything in my garden is wilting.
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Not my area but we have had hardly any rain for the last 4 weeks and everything in my garden is wilting.
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When I was a second year apprentice we used to move double decker buses by putting a compressor on board and blowing the air brakes off. I was steering (no power steering) and my forman was in charge of the air. As we pushed the bus down the slope it became obvious someone had removed the rear half shafts so no brakes. It was a choice between killing some people, hitting 20 new lorries in a row or putting the bus in the river test. The bus ended up in the river test with me sitting 20ft in the air still in the cab. I got a written warning but it was later withdrawn as I was an apprentice and under supervision. Also saving the lives of the british telecom inspectors may have swung it.
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When I was a second year apprentice we used to move double decker buses by putting a compressor on board and blowing the air brakes off. I was steering (no power steering) and my forman was in charge of the air. As we pushed the bus down the slope it became obvious someone had removed the rear half shafts so no brakes. It was a choice between killing some people, hitting 20 new lorries in a row or putting the bus in the river test. The bus ended up in the river test with me sitting 20ft in the air still in the cab. I got a written warning but it was later withdrawn as I was an apprentice and under supervision. Also saving the lives of the british telecom inspectors may have swung it.
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I would say your choices are. improve what you are doing 5 days a week. give up and become a wage slave. or work for some one part time and carry on your business 2-3 days a week put your prices up as you dont now rely on it.
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I would say your choices are. improve what you are doing 5 days a week. give up and become a wage slave. or work for some one part time and carry on your business 2-3 days a week put your prices up as you dont now rely on it.
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Boulters tippers nr tadley
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Boulters tippers nr tadley
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Ks 50 looks a good machine 48cm capacity with 24 tonne splitter. IMO If you buy in cord you need a machine of at least 37cm cap. If you will be trying to put arb waste through I would look at the dalen. A machine with wide mouth and easy to lift guards with automatic disarm would be ideal.
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Ks 50 looks a good machine 48cm capacity with 24 tonne splitter. IMO If you buy in cord you need a machine of at least 37cm cap. If you will be trying to put arb waste through I would look at the dalen. A machine with wide mouth and easy to lift guards with automatic disarm would be ideal.
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Yes to a certain degree. But in my opinion a business is an activity that pays you a living. Dont rape it but dont moly coddle it either. Not everything is tax deductable in one year and then its only 25%-40% of the spend off your tax bill. What ever you spend you will be putting in at least 60% of the cost. The way I look at it averaged over the year I normally earn to the 40% tax brkt by thursday so friday is alot of work for not much money. The choice is often a new truck for 20k or 12k in your bank.
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Yes to a certain degree. But in my opinion a business is an activity that pays you a living. Dont rape it but dont moly coddle it either. Not everything is tax deductable in one year and then its only 25%-40% of the spend off your tax bill. What ever you spend you will be putting in at least 60% of the cost. The way I look at it averaged over the year I normally earn to the 40% tax brkt by thursday so friday is alot of work for not much money. The choice is often a new truck for 20k or 12k in your bank.
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I was told by a business panel 20 years ago, dont know if it holds true today especially in the last 3 years work out your costs double it and add vat. So if your turn over was 100k 20 k was vat so 40k should go in your pocket less tax. There is a huge amount of variables like do you like toys more than cash. Do you struggle in an old shed or do you rent a nice unit ? are you expanding your op or reducing down. when you take on people often you dont earn a lot more until you get to 5 people I think its called growing pains.
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I was told by a business panel 20 years ago, dont know if it holds true today especially in the last 3 years work out your costs double it and add vat. So if your turn over was 100k 20 k was vat so 40k should go in your pocket less tax. There is a huge amount of variables like do you like toys more than cash. Do you struggle in an old shed or do you rent a nice unit ? are you expanding your op or reducing down. when you take on people often you dont earn a lot more until you get to 5 people I think its called growing pains.
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35k is fine as long as profit is 34k . Turnover is not really a good indication of a good business whats important is profit.
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35k is fine as long as profit is 34k . Turnover is not really a good indication of a good business whats important is profit.
