N
Nigel
And how many one man band sparks are earning this much?
very few IMHO
If a one man band is not doing a grand a week then he may as well go work for someone on a day rate.
Discuss What sort of prices should I be charging? in the UK Electrical Forum area at ElectriciansForums.net
And how many one man band sparks are earning this much?
very few IMHO
What I'm earning.
And no I'm not a high rate tax payer!
You get people on here quoting figures of 50/60k for self employed other wise not worth it. That's all I was refering too, so its kind of trying to put people down if they can't or don't earn it imo.
They are quoting figures out of thin air ...................
I would say you need to be making £30K to make it worthwhile MINIMUM ............ and if you go SE, it could take 3 to 5 years to achieve this ............. yet in some parts of the UK it may never be achievable
I have a subby that earnt 39K from me last year.
Some people quote their turnover as there earnings! They forget about their overheads and parts for resale
Some people don't understand the difference between deficit and debt
Go figure ..............
If this comment is aimed at me ai can assure you my turnover is considerably more than £50-60k.
Agreed, Experian is a useful toolIf this comment is aimed at me ai can assure you my turnover is considerably more than £50-60k.
I'm not I work 3 or 4 days a week sometimes. Sometimes I do half days, some times I do just a 1 hour job n a day. That's the beauty of it I can earn as much as most but do half the hours.You must not be working full weeks or doing a lot for pound notes as at your hourly rate you would nearly hit the VAT threshold alone without any material based on 44weeks a year.
I'm 46 now. Mortgage free and looking to retire at 55 in 9 years. Shouldn't be a problem.
Yup bought a couple of rentals to keep me going.12 years before the state pension kicks in - good luck saving up enough for that ......................
I am certainly not knocking anyone that does not earn those figures. All I am saying is that personally I would just do another job that pays less but is relatively hassle free.
And I'm not knocking someone who has a good business providing employment to others, but making a profit from them. That makes good business sense. But not everyone can or wants to earn 50-60k's.
I'm orrfh back to paye next week, but I've committed to 40 hrs a week, and some weekend work. Not great, but thats the compromise between self employed and paye.
Reply to What sort of prices should I be charging? in the UK Electrical Forum area at ElectriciansForums.net
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