kevinjohnsonmbe
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Everything posted by kevinjohnsonmbe
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Are they REALLY suggesting you pay a hire rate on a machine you own and will (future tense) trade in against their new unit??? Sounds like you have patience and forbearance well beyond what might be considered reasonable. Hand it over to a Rottweiler and if it adversely affects a prearranged contract task tell Rotty you want consequential losses too.
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That sounds like a very unsatisfactory situation. Is the equipment a "special to type" or one-off build? I'm thinking it might to more complicated to resolve if it is, perhaps less so if it isn't. Paying the finance on it before you physically have it sounds odd. So, if you were to default on the finance, fin Co would have to repossess from the manufacturer. Whilst that might adversely effect your credit rating, it might be a relatively low hassle way of cutting yourself free. Refuse to pay any loan fees and let the supplier take recovery action at their expense whilst presenting the circumstances you describe as justification if it goes to court. Win that and counter claim for consequential losses. Is it a big, special, expensive piece of kit?
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I asked for a new chipper.... The daughter got a harmonica! She was chuffed, I think he's a tight b'stard!
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A bit off on a tangent but might be an alternative option.... Did a job at a local private school. They had a tidy little compact for general duties around the estate and I got chatting to the Bursar about it. They bought one of those Chinese build it yourself tractor in a crate jobbies and the tech master supervised the project as the privileged little darlings put it together and fired it up. Did a good job too. Left me thinking, if I was ever in the market for a low cost GD compact, I would get in touch with the school and see if they were interested in running another engineering project to put it together. A kind of through life synergy with the child labour that built the components in China and no prospect of a prosecution for exploitation of cheap child labour in the U.K..... Everyone's a winner!
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Yes, it was both interesting and depressing to read through that link about tax on RHI earlier. They certainly don't seem to have a "making life less complicated" department at HMRC! If I read it properly, a scenario like you describe would have to declare the element of RHI that heats the business part of the system, but not the domestic part, with the % of the business elements of the system qualifying for AIA and annual running / maintenance costs eligible as business deductibles. Don't envy anyone that piece of white magic!!
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It might be that your use of 'domestic' could be misleading in that sentence. Domestic RHI (single property) payment rates are calculated from the EPC / Green Deal assessment of the requirement for that property. Opening a window / generating more heat or hot water than is required (and then venting to atmosphere) would make no difference to the DRHI payment - it would just cost the homeowner more in fuel usage - a pointless exercise. I'm guessing, you might be referring to a CRHI 'neighbourhood' heating scheme where metered heat generation is piped to separate properties? If that is the case, then I'd agree your point and suggest that is a significant part of the 'problem' with the construct of the CRHI - the incentive is to generate heat in order to gain payment - a problem that was ironed out before rolling out the DRHI.
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Dec 24?? :lol:
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Fraud.... I wouldn't bet the mortgage on any convictions.... There may be some, but I wouldn't be confident. Worst case is likely to be some embarrassing questions and awkward silences. The regs didn't say you couldn't have a massively oversized boiler pumping heat out through the open windows of empty barns. It's just that the rules weren't written by someone that stood to be spending their own money!
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Yes..... And No! No - If you’re using heat solely for personal domestic use, the payments you receive aren’t chargeable to Income Tax. Yes - If you’re a business or a trader any RHI payments you receive are a business receipt and the normal Income tax and Corporation tax rules for receipts and deductions apply. https://www.gov.uk/guidance/taxation-of-renewable-heat-incentives I meant to include something similar in the previous post - woodpeckers picnic in Epping Forest I was going to say! I think that is one of the original drivers. Not sure, can't seem to get the figures with any reliability, to compare original allocations as measured against potential fines for not meeting CO2 reduction targets. In my opinion, it's one of the reasons such a blaze approach to expenditure was initially adopted - might as well spend it otherwise we'll have to give it to the EU in fines (whilst I don't like such frivolity, I'd rather it was set on fire (oddly, you could say it is being) than given to the EU.) One thing I was watching quite keenly a while back was the financial implication of holding back the roll out of the DRHI from the original date. Classic government RAB accounting - the money had been allocated in year for DRHI but the 'system' to deliver the payment premiums to users was being delayed resulting in un-spendable money in a departmental budget. The money had been allocated and couldn't be spent as intended, it couldn't be transferred between cost centres (OGD) so it led to a big push and additional grant support to neighbourhood systems eligible for CRHI - and there are plenty of examples of that being driven by income generation rather than CO2 reduction. I guess the fundamental problem is human nature - what ever 'system' is put in place, someone will find a way to twist it away from the original, well intentioned concept towards personal gain. The laws of unintended consequences.
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A cursory walk around the parish shows plenty of the farms taking not a blind bit of notice of the guidance.... I wonder who'll be the first to complain how hard done by they are and thrust out the hand expecting compo?
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The flaws started with solar PV FiT being too high - evidenced by the proliferation of "fit it for free, you have the leccy, we'll have the FiT" companies and the simultaneous reductions in price of PV supply and fit when the tariff reduced (some reduction can be attributed to advances in manufacturing process and equipment efficiency but not so much as to justify the price reductions that were apparent.) The flaws continued with the role out of commercial RHI which was so generous it led to a proliferation of (what I think of) as spurious and nefarious installations intended to take advantage of the payback rather than genuinely reduce CO2 emissions (I'm afraid, by my reckoning, stand alone firewood kilns fall into this bracket.) Partial correction was achieved by the delayed roll out, reduced tariff level and shorter term of the domestic RHI and the subsequent reductions and tightening of eligibility criteria for PV FiT. What a cracking example of civil servants making a complete horlicks of a business process. They had the money allocated from government, the facilities, the (so called) expertise and the strategy and yet it's still turned out a complete farce with no accountability for public money wasted and no doubt a slack hand full of promotions and H&As for the top brass. Heaven forbid any of these muppets ever venture into the private sector where they'd be spending their own money and be held accountable for their ineptitude! If you want to balls it up - give it to someone that has nothing to lose and won't be held to account! As a foot note, I'm running solar PV, solar thermal & biomass so, yes I am drawing down some of those funds but all my generation capacity goes into a reduced CO2 footprint and is designed to suit my domestic 'need' rather than being designed to maximise funding. PS, that's just my view on it, others may differ!
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Featured in the 10 o'clock news here. I wonder if the investigation will spread across the water and look at the type of businesses drawing down funding? Maybe time for a twitch for the RHI log kiln fraternity?
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Experience with UK Business Funding Centre?
kevinjohnsonmbe replied to phcb92's topic in General chat
My general opinion of 'funding schemes' (wether that be Leader, Business Link (as was), local hubs etc... Is that they are a total waste of time and effort and completely miss whatever the original point of the government incentive scheme was by spending more on staff and administration than they ever seem to pass on to whatever cock-eyed schemes they are supposed to support. There is a whole industry grown around funding applications and the 'business' of making grant applications is a tortuous distraction from the real business of earning a living. And that's the pucker ones! Those that want cash up front, well, you seem to already have a sniff of BS so trust your intuition. Just my experience, others may differ! -
A timeless classic! Cracks me up every time!! Seen this one: I thought it looked like the trees were in an (as yet) undeveloped plot... Just because the land 'appears' to be unoccupied there may be an assumption that the trees are open season....
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This clown did serve a useful purpose, for me at any rate - I referenced his business model as barter income in the HMRC Tribunal when they presented the lame rationale that a business cannot be trading / commercial unless there is cash income. Rumour was it was a truly dreadful service - get in, smash the tree down anywhere it'll go, take the usable stuff and leave everything else like a wood pigeon's nest! You get what you pay for!
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It may not be so much that nobody is thinking about it Ted, maybe it's just too dull to spend to much time on and not commenting doesn't necessarily mean folks aren't thinking about it?
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Although now de-listed, there was an outfit in Plymouth actually advertising their services to take down and remove unwanted trees - FOR FREE! Tree Fella 4 Free - Gardener in Eggbuckland, Plymouth (UK) Should have been called Ballsitupandleaveyouapileofshite.com
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It's 9.6k (plus fees) and fighting with 10 mins to run...
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Tiz odd round those parts.... Plogs territory!
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Legend!
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😆 Already been done just off M5 @ Taunton!!
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video display equipment whilst driving
kevinjohnsonmbe replied to kevinjohnsonmbe's topic in Business Management
:thumbup1: Yes, that's what I was thinking, virtual rear view mirror sort of thing. I didn't mention the wiper sweep issue but was aware of it having just done dash cam instal in the Hilux. Just pondering wether a 2 camera feed into a 5" display (upward aspect for rear view while driving, downward view for reversing) and having to mode switch between cameras on screen when reversing might be a pain. I'll ponder that. I too chuckled at the CRT reference!! -
Green logo....
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Large Lawsons cypress near faversham, kent
kevinjohnsonmbe replied to treefolk's topic in General chat
Don't loose heart! Time has much greater value than money and there never seems to be enough time to do the things that please us!! I like se7enthdevil's take on it....