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calorific
Think you've just converted me to storage heatersthe wife thinks it is romantic, which can come with additional bonuses during the colder months.
Think you've just converted me to storage heatersthe wife thinks it is romantic, which can come with additional bonuses during the colder months.
LOLThink you've just converted me to storage heaters
Not if they quote the price plus VAT, they are charging the same amount for their time as other non-VAT registered engineers. Okay their overall fee might be more expensive to the customer and they might not win the business based purely on price, but any salesman will tell you, price is only one small part of selling your product or services. Quality should play a big part too and if the other engineer is not charging VAT, it means his turnover is less than £77k a year and clearly isn't doing the business! Why is that when we know there is a shortage of HETAS engineers. Perhaps he is falling down on quality and people are recommending others to avoid him!Ahem. You said it.20% . Your total gross turnover includes a mandatory payment to HRMC of 16.66%. (20% of invoice value). You can claim back the Vat paid on allowable costs. Effectively, for most business', this means a 16.6% charge on "profit" i.e. turnover less expenses. So, compared to a non VAT reg. business, you are always going to be more expensive, or make less profit on a particular job.
If you read my previous posts, you will see that I have questioned business running costs for a HETAS engineer that works from home, and every one I have dealt with does. If they haven't got a shop to pay for, the major expense I can see is their van and this is tax deductible at 20% and given that they should be high rate tax payers, they should be deducting 40% not 20%! Nearly half their running costs are tax deductible!You surely do understand that £77K turnover has no real bearing on income
But the press were guilty of extrapolating a specific job earnings into an annual wage, which, I am afraid, you are guilty of.
Why not. Why should the fact that this job role does not offer paid holiday or sick pay mean that the engineer cannot work for 52-weeks a year. Some people never get sick and many will choose to work every week without a holiday. You can't compare being self employed against employed when is suits and not when it doesn't. The average wage in the UK is said to be £26,871. Many of these people have holiday pay & sick pay, so if the engineer want that lifestyle and is willing to earn less, it's a free world, well not if you are trying to have a stove installed it's not!My point about the sick time and holidays etc is simply that you cannot multiply one particular weeks earnings by 52 to calculate "earnings". This is a repetitive mistake on this forum.
One came out on Sunday and the other on a Monday evening around 6:00pm (Presumably on his way home) and were both only here for 30-minutes! These quotes are being fitted in here and there so as to not impact the main work days. I still believe they are putting in 5 or 6-days of work at £400 a day.Monday - Saturday = 6 jobs. I am surprised he can do 6 surveys between offering thanks to his deity and supping his ale on a Sunday.
You don't need a rebate to say you are saving money! A good accountant will look at all your costs and ensure that every tiny cost will be factored against your income. He will recommend that the wife becomes part of the business for tax purposes even if she does nothing or very little, because she is not using her full tax entitlement, the 18-year old daughter will be brought in too, again even if she does nothing but answer the phone a few times a month.An accountant will only ensure that you claim the allowable expenses. And until the average plumber receives a tax rebate every year, I won't accept that an accountant saves money, merely ensures that you don't pay to much. When you get into the stratospheric heights of ebay etc, then you may have an argument. But not the average Joe.
Yes you can fit a stove without the need for a liner, with a registry plate, with adequate sweeping access, after the flue has passed an integrity test. Not sure why installers would lie about this.
The registry plate must have access hatches in place to be able to remove soot from on top of it. As HETAS installers, we choose not to install this way, not out of greed, simply because, in our opinion, concerning this type of installation, soot falls from the chimney and rests on top of the plate.