income

income

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  1. P

    UK Shared income supply main fuse

    Hello, my incoming supply has one main fuse that feeds the next door naghbour it leaves my house to go next door as shown in picture..it's the single cables going through the hoteCan this be split, and how would be responsible for any changes.Thanks Paul
  2. baldelectrician

    Cancel income tax / VAT and other taxes and give people money- too good to be true?

    Saw this post from Business For Scotland (a pro indy business website) and I thought it was bonkers at first look. https://www.businessforscotland.com/its-time-for-annual-ground-floor-and-roof-rent/ Once I read through it I noticed that someone on £26,500 a year would be £17k better off than...
  3. G

    Self-Employment Income Support Scheme

    he Chancellor has extended a scheme supporting the UK's self-employed workers through the coronavirus crisis, amid pressure from MPs. Rishi Sunak told the Government's daily coronavirus briefing that a second and final grant will be available on the Self-Employment Income Support Scheme in...
  4. D

    Self employed income support scheme

    I don't think anyone has posted this yet, there is now an online gov.uk site to check your eligibility for the self employment support scheme. You need your UTR and NI number then it will tell you if you are eligible, if you are then you go through a form to prove your identity using driving...
  5. Lou

    My income is reducing - will the government pay me anything? (Self-employed or Employed)

    My income is reducing - will the government pay me anything? (Self-employed or Employed) Based on PAYE apparently so, although opinions seem varied and fact-checking isn't easy. Please use this thread to discuss this and help each other out.
  6. Dan

    CheckaTrade | MyBuilder | RatedPeople | TrustaTrader etc - Who's with what and why?

    CheckaTrade | MyBuilder | RatedPeople | TrustaTrader etc - Who's with what and why? Thought I'd start a poll off to see if we can see who's with what type of rate-my-builder website, if at all. And which ones seem to work, and if they do, why etc. I've also put some other options there to see...
  7. Jay 1987

    QUALIFIED SPARK ON £10:50ph In WEST WALES!!!!

    Hello everybody So I met a guy last night who has just recently completed his nvq3. Fast forward we started speaking about the type of work he likes, whether it be domestic, commercial etc and why? We then moved onto the more interesting topic of wages !!!! To My surprise he revealed that he...
  8. C

    Passive Income- Electrician

    Hi all I'm an apprentice electrician earning what I can to get by. I was wondering if anyone else is in a similar position and what you guys do to bring in a passive income? Cheers
  9. G

    Bonding if plastic income?

    Is bonding a water pipe needed if incoming feed is plastic?
  10. M

    Typical earnings in First Year

    Hi, I am currently employed full time. However i have been self employed before for several years and i used to work as a labourer for 5+ years. I am considering going back to being self employed and on top of my other business in IT, i was thinking of becoming a fully qualified Sparky...
  11. akwoody2

    Is it worth going LTD?

    Evening, Im currently employed working shifts, on my days off i work for myself as a sole trader, roughly 2-3 days a week. Every penny i earn self employed i get taxed 40%. It got me thinking, is it worth going LTD to avoid this? To the people that are LTD whats you experience and what are...
  12. B

    RHI and income tax

    As we are approaching the deadline for 2014/15 income tax returns I was wondering whether RHI income in a domestic scenario should be declared on a tax return? The Government introduced specific legislation to make FIT income tax free, but has not made similar provision for RHI income as...
  13. Y

    Garnering some extra income

    Morning all, after being a sparky for 8 years and then walking out of my job after a disagreement with management I recently landed myself a role as a design engineer, which is going well, however I've taken a huge pay cut to get the role as I'm only classed as a 'junior', and now it would...
  14. A

    Setting up business as 2nd income?

    Hi all, please excuse as i am new to the forum. I was after some business related advice regarding setting up a business as a 2nd income. my current situation is I am employed by local authority (12 yrs) as a supervisor earning 30k, however I am looking at setting up on my own as a sideline to...
  15. D

    quoting , invoice's and income, expense , stock time managment

    Ive been using software called freeagent for a year for free . it manages quotes , invoices ....etc etc... But i dont find it good for reporting and can easily be cocked up by duplicating bank transactions etc... It also soon to become £17.50 month which i dont want to pay . Ive been...
  16. S

    SAP Income Guarantee

    See Evoenergy are offering a guarantee that their systems will generate at 97% of SAP estimate for 5 years. Seems a good marketing angle SAP Guarantee | EvoEnergy
  17. F

    Small Commercial system help

    Good afternoon, We have been asked to install 10 panels on a bike shed in the grounds of a new eco friendly office block. We have only done two domestic systems before and are still newbies. I am unsure about whether the SAP calcs are the same for commercial and is it a G59 even though its only...
  18. B

    No tax on smartphones any more

    Not very electrical, but for all those of you that have been diligently paying income tax on your company's provision of that smart i-phone to you, HMRC has changed its view and they are now considered mobile phones and no longer subject to a tax charge for private use. HM Revenue & Customs...
  19. T

    Going self emmployed for a 2nd income...

    Hi all, new to this site so take it easy on me! I have decided to start up my own business to do domestic electrical work. I have looked at Napit and think i'll opt for their full scope scheme and for ease their insurances (Indemnity and Liability). I have the relevant qualifications for such...
  20. PJK

    Income Tax Returns

    Hi I am a sole trader, NICEIC approved contractor and no employees, turnover last year was less than £40,000. Last year I paid an accountant £500 to do my tax return and accounts. This year work has been slower and I was considering trying to do the tax return myself. My question is to others in...

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