Retired Climber
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Posts
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Everything posted by Retired Climber
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In that case, what a bloody strange thing to type. Just so we are clear; I don't think you are thick, I just have no respect for your opinion (based on what I've read).
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I don't know enough about the subject to write a book.
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If I gave you that impression I apologise. I'm not suggesting for one minute that you are too think to reason with.
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This type of thinking is the reason we need to listen to the scientific community when it comes to things like Covid. The population generally doesn't have the brains to make their own decisions.
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I'm not even going to dignify that with a reasoned response. The fact that the world scares you isn't my problem.
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Me too. Working for me now usually consists of sitting in the office I built in the garden for a couple of hours, doing stuff that I enjoy. I'd quite enjoy doing most of it for free, so doing it whilst charging for it is ideal for me.
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Ok, yes you are right, you'd expect a partner in a decent sized firm to be able to offer a better level of advice than the poor bloke who sits at a desk all day doing 'accounts'. I'm with you on the digression. My posts may come across as money hungry, but that's because I want to maximise the profit I make from every minute I work. The more I make when working, the more fun things we do when I'm not working. I have a young family, and typically work 2 or 3 hours per day. Lifestyle comes first, but that doesn't mean you shouldn't maximise your income whilst working. Quite the opposite in fact.
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Is he self employed, or working for a firm?
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Logically, is a bloke who sits behind a desk all day for 40 grand a year the right bloke to ask how to make money? No.
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It's not just an accounting decision, it's a marketing one. Don't take business advice from an accountant. Edit. I should add, obviously anyone on here with a business large enough to use management accountants can gain value from their advice. I refer to the type of accountant who does your accounts / tax return.
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People complain about not wanting to be an unpaid tax collector, but what's not to like? The Vat man asks me to add 20% to my invoices and give it to him. He asks me to send it to him once a quarter, up to 4 months and a week after I've been given it. He doesn't care what I do with the money whilst I have it, as long as he gets it on time. I have 10s of thousands of pounds to play with however I like. On top of that, I can take off any VAT I've paid before I sent it. The only person who loses out with VAT is the poor sap right at the end of the line who's not registered, and can't claim it back. It's a tax for consumers and end users, not businesses. If you are a business and are not registered, you are a mug, and are playing at business, whilst paying tax as a consumer.
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I sold the business to an employee and he's still running it. I'm not about to give the name of the business to someone on a forum looking for an argument.
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You are missing my point, he said the only reason he would split the business would be so that he didn't have to register for VAT. However you look at it, that's artificial separation. Anyway, I agree with all of your points, it's just that my point was based on one particular aspect of what had been said.
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Separation of business activities for the reason of avoiding VAT registration is THE definition of artificial separation, and is THE reason mentioned above.
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You criticise me (or try to) for having an opinion different to yours, and then admit you haven't got a bloody clue what you are talking about. You claim to have 3 businesses, but none of them takes more than 90 grand a year, and then you think you can separate them to avoid VAT registration of required. You might want to have a bit of a think and do a bit of research before you suggest I'm the one talking rubbish.
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Completely agree. They could engineer a novel idea into the design that would make their product patentable, but that idea can't simply be that the file is hexagonal. Patent or no patent, it will take days for a boat load of knock offs to leave China.
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I'm not sure if this thread is a joke. I've got this tree with Hazelnuts on it, but I'm not sure what type of tree it is.
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Haha, the very definition of artificial separation.
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With respect, just because you can't find something on the net, doesn't mean it could be granted a patent. I'd go as far as to say that a patent for a hex file probably wouldn't be granted (if the hex was the only point of differentiation).
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Just because I don't agree with you, I must be trolling?
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I am stuff?
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You can't own a patent for a hex file. Well, I suppose you could, but you'd have a devil of a job enforcing it.
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Quite right. You can quite easily double your buying power by simply moving a few hundred miles (or less) in this country. I was looking at houses in Lincolnshire on Rightmove the other week and (give or take) the prices are about 50 % what they are here. You can get a really nice house for about a million up there, where as round here you'd have something that could best be described as 'ordinary'.
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My post was in response to your comment about 400 quid a day for milling. If your brother hasn't earned less than 600 quid a day for the entire year so far, I'm surprised he needs a mortgage.
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£400 a day doesn't seem like bad money until you take your costs and tax off. By the time you've done that, and realise you are actually working for not much more than half that, it's a bit depressing.
