New rules that will affect all who, from time to time use scrap yards..

[imago]

I don't carry any waste, its a commodity in my eyesoliceman:

"Any waste produced as a result of construction or demolition works, typically building infrastructure.
As registration is required for those who produce construction and demolition wastes, a definition is useful to guide what is and what is not construction and demolition.
The definition of 'construction' in the Waste (England and Wales) Regulations 2011 includes improvement, repair and alteration.
Construction and demolition may include wastes from the carrying out of any building, civil engineering or engineering construction work including:


the installation, commissioning, maintenance, repair or removal of mechanical, electrical, gas, compressed air, hydraulic, telecommunications, computer or similar services which are normally fixed within or to a structure,

All of the lovely reason why you must hand over more money can be found here Environment Agency - Waste carriers, brokers and dealers - definitions

 

[Amp David]

And on that day you carry on driving and come back another day

 

[trev]

If on the other hand they levy taxation on it almost immediately , My suspicions will be proven correct, then mines a fosters

HMRC will not need any new rules to tax it. They'll simply class it as another revenue stream and when it's your turn to be investigated you'd better make sure it's going through your records.

 

[sparks1973]

Hi all, hope your having a good month and hope this news doesn't spoil it a little.
Unsure if many of you are aware of some information I found out recently which may affect some of you if not all from some time or another.
I have been overseas for a while and not had to use scrap yards to weigh in cut offs for a coupe of years.
Iwent last week to one and was told I needed an account, for this I needed photographic ID, proof of address and my reg number.
I opened an account and was paid.
I chatted to the dealer who told me he has heard on the industry grapevine that as of dec 3rd it will be illegal for scrap yards to make cash payments for scrap metal, they can pay by cheque or BACS only.
Any person caught dealing , buying in cash faces penalties and up to 6 years imprisonment.
The government has not announced it yet but these rules will come into effect Dec 3rd.
So, in a nutshellell from December any scrap you weigh in will be traceable and come end of year, HMRC will be wanting their cut.
Another blatant move by the establishment to tax the crap out of something else, so if you have anything to sell, do it before December.
hope this helps anyone who hasn't heard about the changes.
Again my apologies if your as outraged as I was when I heard this.

ITS THE PART P OF SCRAPPERS!!......
and yes, it wont work!!
come on, can you really see anyone less than honest being stopped by this lark...

 

[DNS1]

Christ, the plumbers are going to go ape-****...

Most take the old cylinders/pipework etc as part payment...

 

[trev]

Christ, the plumbers are going to go ape-****...

Most take the old cylinders/pipework etc as part payment...

And the part payment goes into their beer fund, meaning George Osborne doesn't get a cut which makes him unhappy. Vince Cable on the other hand "forgets" to declare a couple of hundred thousand quid of income and gets a smack on the legs and told he's a naughty boy.
Must be nice to have that problem eh guys? where you can forget that much cash.
We're all in it together though, My backside

 

[sparks1973]

And the part payment goes into their beer fund, meaning George Osborne doesn't get a cut which makes him unhappy. Vince Cable on the other hand "forgets" to declare a couple of hundred thousand quid of income and gets a smack on the legs and told he's a naughty boy.
Must be nice to have that problem eh guys? where you can forget that much cash.
We're all in it together though, My backside

well Trev...its up to the media to offer a gentle reminder to the audience from time to time as to the antics of the vince cables of this world then......or the floodgates will open again won`t they......notice the civil servants (who were claiming and dodging in the same salicious manner) managed to get away with it....

 

[Guest111]

Typical,I think they are frightened of dealing with the pikeys so they go after everyone else,round here there was railway cable and manhole covers going missing like you wouldn,t believe,anyway I was having a chat with a mate of mine who,s a cop and he was saying that they were getting grief from upstairs as they had been round all the scrapyards and couldn,t find it.Well I owed him a favour and had been in a certain yard when a load of dodgy stuff had come in,so I pointed him in the right direction with a brief explanation of how it worked he passed it on to his bosses and guess what they did?Nothing!

 

[sparks1973]

see thing is here n all......as soon as some street furniture stuff comes in.....out come them bottles and before long its all been cut up.....cant identify it then....

 

[Guest111]

see thing is here n all......as soon as some street furniture stuff comes in.....out come them bottles and before long its all been cut up.....cant identify it then....

In the yard I was in they phone up when they are on the way in with a dodgy load and then they bury it under a big pile of scrap so when the law turn up its well hidden cause they aint gonna move a big pile of iron to see whats under it.

 

[JD6400]

You already do, have a look at the requirements and you'll find you (like all other electricians/plumbers/etc) need to register as an upper tier carrier.

As for the new rules, well if it costs me a few quid to gain a few hundred then it's fine by me. It will reduce the theiving scum's opportunities to offload their ill gotten gains, and mean that the tatters rolling around will need to register and get insurance. Sure some will find a way round it, but it will make life more difficult for them.

As for the tax angle, well as the scrap cable or whatever that gets weighed in by tradesmen is technically someone else's property which they have been allowed to take away for their own personal gain, then surely they can't complain too much at having to hand over a few quid to be allowed to carry on with it? It's a perk, not a right.

If you take into account the increase in copper prices over the last few years, then deduct the tax you'll pay on it, you're still into a handsome profit for very little effort.

Or you could see it as being double taxed on a already expensive commodity which you have already brought and paid for !
I don't know about others but the lions share of our scrap is from off cuts or old stock that we clear out every so often , all of which has had its taxes already paid by use !!!
Now don't get me wrong it is still well worth the trouble of sorting / processing it , but when it starts getting you in the deep with HMRC , i think it will be time to say stuff the environment and skip it instead , or start letting the the travelling callers that drop by to help you clean up , have it and burn it off in a Field instead !

 

[sparks1973]

In the yard I was in they phone up when they are on the way in with a dodgy load and then they bury it under a big pile of scrap so when the law turn up its well hidden cause they aint gonna move a big pile of iron to see whats under it.

well ...i suppose if they were determined enough they could tell em to get the magnet hooked up to the dragline and get em to lift it......lol....there again maybe not Phil...:smartass2:

 

[UNG]

If you take into account the increase in copper prices over the last few years, then deduct the tax you'll pay on it, you're still into a handsome proffit for very little effort.

Pity you can't deduct the handling costs before taking the tax off

I don't carry any waste, its a commodity in my eyesoliceman:

Isn't copper a recyclable commodity waste is what you dump because it has no value or use

 

[electric will]

I know it'll cost us a bit of tax weighing in all the old scrap but if this is in forced properly then surely it's going to be a good thing.
wont affect me because I always declared the scrap money!

 

[oldtimer]

Think its a catch all here ie the scrap dealer cannot do a lot of cash jobs the "piky" as you say has to go legit ie cannot take benifits and cash as well .

What makes me angry is the low life steal the bronze war memorial of guys who died for this worthless piece of land plus any scrappy caught buying it has to pay to re-enstate then a BIG fine