Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Main Forums
Electrician Talk Forum
Advice for starting out....please!!
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Talk Electrician Forum:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Murdoch" data-source="post: 488311" data-attributes="member: 24445"><p>I would keep it simple at first and avoid VAT registration.</p><p></p><p>Business overheads need to be budgeted for:</p><p></p><p>Fixed overheads</p><p></p><p>Business insurance</p><p></p><p>Van insurance</p><p></p><p>Van tax</p><p></p><p>Van service</p><p></p><p>Mobile phone contract</p><p></p><p>Scheme membership</p><p></p><p>Tester calibration</p><p></p><p>Website annual fees</p><p></p><p>Variable overheads</p><p></p><p>Fuel</p><p></p><p>Replacing tools</p><p></p><p>Advertising</p><p></p><p>Etc</p><p></p><p>Accountants fees</p><p></p><p>All these will add up to between £5 k And £6 k per year</p><p></p><p>Or about £25 per day</p><p></p><p>Then remember that you won't be paid 52 weeks a year, or get sick or holiday pay</p><p></p><p>And lastly don't forget to save every month for your tax and NI bill. I do this buying premium bonds</p><p></p><p>Hope this helps</p><p></p><p>Ps as for Checkatrade .....i wouldn't </p></blockquote><p></p>
[QUOTE="Murdoch, post: 488311, member: 24445"] I would keep it simple at first and avoid VAT registration. Business overheads need to be budgeted for: Fixed overheads Business insurance Van insurance Van tax Van service Mobile phone contract Scheme membership Tester calibration Website annual fees Variable overheads Fuel Replacing tools Advertising Etc Accountants fees All these will add up to between £5 k And £6 k per year Or about £25 per day Then remember that you won't be paid 52 weeks a year, or get sick or holiday pay And lastly don't forget to save every month for your tax and NI bill. I do this buying premium bonds Hope this helps Ps as for Checkatrade .....i wouldn't [/QUOTE]
Insert quotes…
Verification
Post reply
Main Forums
Electrician Talk Forum
Advice for starting out....please!!
Top