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I'm a gas meter fitter working for British Gas. I fit around 15 meters per day Mon-Fri. I work 9-4.30 on a self employed basis. I clear around £1200 after tax. Next week I will be working until around 6pm. That equates to around 45 hours per week, fitting 90 meters. That will leave me with...

I am a RGI about to form a limited company. Do you have to keep proof of the business mileage that you have done? ie fuel receipts? I have been told that you dont have to keep receipts by one person and another person has told me that I do need to keep the receipts. They were both...

A good idea or not? I am due to start a contract working through an agency, Rig Energy. They have told me that payment will be through a payment agency, namely Eden http://www.edenoutsource.co.uk/ They seem really good and I assume I have the option of whether to go with them or not, I...

£67k thats correct. I am hoping to turnover around £88k. Others do it, so I have a chance. You are right about me not purchasing many material on the meter job but I intend to do jobs on the side aswell, weekends and evening if the job permits. Also, buying a decent medium sized van would...

another question please... On companieshouse webiste it stats that This is the declaration of Compliance with the Companies Act 1985 in respect of the registration. Once the Memorandum and Articles of Association (see below) have been completed, this must be signed in the presence of a...

Wont it be compulsary though? If my taxable turnover exceeds 60k? I need help really!

20% initially yes, but i'll have to make the difference up at the end of the year. VAT registering to claim back VAT on van hire and other goods I buy. I know that I will have to charge customers VAT but think it will be worth it. Some jobs I can get away with I'm sure. Its gas meters btw.

Thanks for that but I will be on a self employed contract for Siemans changing meters. They will pay me into a bank account having already taxed me somewhat (at least I assume they will tax me) My "weekend job" will be cp12's. Another thing that I cannot hide from the tax man. Am i right?

had a look here http://www.hmrc.gov.uk/startingup/working-for-yourself.pdf I am confident that I will be paying 40% tax. Therefore it wouldn't be a good idea to go as a sole trader right? Would a limited company be better as I can pay myself a dividend etc? Also, to hire/lease a van...

Need to form my company as going from self employed to company and VAT registering. What is the best way to go forward? Thanks.

... much appreciated. To update, I am thinking of going with the following deal... http://www.apexrental.co.uk/long_term_rental/vans/ Check out the second van down, LWB model. Going for the 6 month option at £269+ VAT (I need more than 1000 miles per 28 days so went for the 2000...

so its a simple matter of my sister getting VAT registered then? Wont be a problem will it?

I need to lease a van but have poor credit rating. If my sister leases the van and lets me have it, can I count this as business expenses and offset? I am also going to become VAT registered so will be claiming that back for the van leasing. The van lease contract will be in my sisters...

Thanks again!

Thanks so much, you've been very helpful. Just one more question. If I paid myself a dividend, would that be completely tax free and what is there to stop me paying myself a large enough dividend so I wouldn't have to pay any 40% tax. My earnings after expenses should be around 65000 per...

Many thanks.. I can claim VAT back on diesel on top of the 40p per mile allowance? I am looking to be doing around 200 miles per week. Or I could say I am commuting from Birmingham and say I am doing 1400 miles per week. AM I correct in saying that you dont need receipts for fuel if you're...

I am moving to London working on a contract fitting gas meters. I will also be working on the side doing private jobs, ie weekends, and when I can evenings. I was wondering what the benefits would be in becoming VAT registered and the negatives? My contract would earn me around £1700 before tax...

Thanks for all the input, I knew I would get alot of useful responses. I have attended the interview and it was all rather informal and I was offered the contract. I'll be given the Harrow and Uxbridge postcodes, quite happy with that. I have been told that there are a few guys doing 100+...

First post on here, so hello to everyone. Need help. Been offered a job as a gas meter installer starting very soon. It is based in London, I will be covering Twickenham and Uxbridge areas (quite a large catchment area to be honest) It is a self employed job so I am responsible for all...