Search results

  1. D

    Air compressor to test pipework

    http://www.toolstation.com/shop/Plumbing/Testing+Reporting/Dry+Test+Gauge+4+Bar/d20/sd2752/p18406 ... and a foot pump. - don't be lazy with a compressor :-)
  2. D

    WC on internal wall

    Soil Pipe requires an 18mm drop per metre run minimum.
  3. D

    SVP?

    Have you spoken with Building Control who should be able to advise?
  4. D

    Supply Type

    Easy for you to say :-) - I didn't know what PME meant in terms of TNCS, but it's been explained to me. I asked because when I raised the query with the DNO, they said it woud take two weeks to get the to premises, but in fact, I got a call this morning and he arrived today.
  5. D

    Supply Type

    DNO confirmed today it is a PME supply - thanks.
  6. D

    Self employed, Pro/cons of reg as Ltd company

    Actually you are being deliberately obtuse, and it is clear that however hard you try you cannot prove your point as you continue to think it is better being VAT registered for financial reasons - keep your head in the sand. The first para of my original posts says : "VAT does exactly...
  7. D

    Self employed, Pro/cons of reg as Ltd company

    Correct, and at last! I was looking at the VAT difference between the two. If you want to include Corporation tax, as an example, we can do that too. If Corporation Tax is 21%, then LoadsaMoney doesn't have to pay CT on the VAT he has paid to HMCE - so in essence NOW, including CT, he loses...
  8. D

    Self employed, Pro/cons of reg as Ltd company

    I am not sure if you read my post - if you make a PROFIT it is better FINANCIALLY NOT being VAT registered. The difference is only smaller because of the "made-up" numbers - no-one is going to make £40 a year profit. "Expertgasman" neatly explained this in his post - I have tried to explain...
  9. D

    Self employed, Pro/cons of reg as Ltd company

    WYL - the advice being given is right - you can set up a limited company with £1 share - and liability is limited to the company, not the director's themselves. Therefore, assuming no personal guarantee, and no assets of the company upon start up, it is very difficult to get a loan or...
  10. D

    Self employed, Pro/cons of reg as Ltd company

    I haven't disgregarded it, but it acts the same way as any costs - I gave the example and started off with £100. Go back to my example, and re-do the maths and you'll see what I mean. If I take your £10 gross fuel costs as an example (that's £10/1.2 = £8.33 Ex VAT). NewBoy and LoadsaMoney...
  11. D

    Supply Type

    Ok - So it is a TNCS? - Is that because you cannot see a separate earth coming into the building, and therefore it comes from the N from that grey block where the FOUR Earths exit?
  12. D

    Self employed, Pro/cons of reg as Ltd company

    OK good answer you're right, it really is better to be VAT registered than Not, because er, um, well I don't know 'cos I cannot explain it.
  13. D

    Self employed, Pro/cons of reg as Ltd company

    I started with the assumption that they charge the same to explain why it is better ALWAYS not to be VAT registered than VAT registered. How else would you like me to explain it? I have assumed everything else is equal - i.e. they use the same suppliers, they provide the same quality of...
  14. D

    Self employed, Pro/cons of reg as Ltd company

    P.S. You and Loadsamoney are under the misconception that because you charge VAT, you have that VAT element as an extra to "add" to your cashflow, which you only have to pay to the VAT man three months later. BUT don't forget NewBoy has matched your gross price - he too has the extra he can...
  15. D

    Supply Type

    ah -the metal strip on the right says "Protective Multiple Earth" - It has to be TN-C-S then? How come two earths coming in?
  16. D

    Self employed, Pro/cons of reg as Ltd company

    That's what I described in my original post. That's what I described in my original post. Assuming the same supply terms for Loadsamoney and NewBoy, they have to pay their supplier at the same time, both with VAT added, so neither are worse off than the other in CASH terms. Assuming the...
  17. D

    Supply Type

    Can I ask what type of supply this is please? I have separate E7, so I guess two of the earth cables are going to the two CU's, the other two look like they are coming in separately from the DNO?
  18. Untitled

    Untitled

  19. D

    Self employed, Pro/cons of reg as Ltd company

    Yes - I made it simple for the jono_h, so he could see how, as a VAT registered person, they are worse off, under the scenario I described. No I didn't forget it - I could have muddied the waters by including it, but it makes no difference to my post, or the sentiment therein - read my first...
  20. D

    Self employed, Pro/cons of reg as Ltd company

    VAT does exactly what is says - it's a Value Added Tax - if you "add value" aka make profit - your pay tax on it. Example, consider New Boy (not VAT registered) and Loadsa Money (VAT registered), both are quoting on a job. They are given the same NET price of £100 from the supplier, that...
Back
Top