guarantee work but not registered ?

[tysfoot]

So when i pack my job in and i go about tilling on my own, do i need to register as self employed or can i let it pass for 6 months, what do you suggest i do when i do tiling full time

 

[Perry]

[DLMURL="http://www.hmrc.gov.uk/helplines/self-employed.htm"]HM Revenue & Customs: Self Employed helpline[/DLMURL] phone them they are somtimes helpfull

 

[tysfoot]

Cheers, not gonna do it till after xmas now

 

[grumpygrouter]

So when i pack my job in and i go about tilling on my own, do i need to register as self employed or can i let it pass for 6 months, what do you suggest i do when i do tiling full time

If you begin working for yourself you are required by law to notify HM Revenue and Customs that you have done so within 3 months of you "start date".

As for registering for VAT, don't bother unless you have a large amount of domestic work that pushes you over the current threshold (£64k) or you are going to be aiming at the contracting market, in which case there MAY be advantages to being registered. However your bookkeeping needs to be good and up to date, also you would need to be registered as a subcontractor with the Revenue to stop you getting 30% tax lopped off the top.

Grumpy

 

[guy1976]

Why am i going vat registered ?

I want to eventually register as self employed thats why
What do you do

i am a self employed tiler

 

[Smitten]

Only a 1 year guarantee?
If I were the home owner, I think I would feel slighted at hearing that the work is only guaranteed for one year.

Perhaps if one were to draft up a written Guarantee - stating that the craftsmanship and materials are guaranteed for 5 years - barring any unforseen or pre-existing conditions of the house/dwelling itself such as foundation settling, chimney leakage, excessive water damage caused by poor plumbing not performed by you, owner mis-use or neglect...

This way the owner will understand that you are providing quality work, but you cannot be responsible for outside issues / influences that could damage it in the next 5 years.

Wouldn't this be standard for any type of enterprise that plans to continue being in business 5 years from now?

Just offering my opinion.

 

[tysfoot]

Thats really helpful Smitten

 

[reaper72]

you only need to become a sole trader,keep 20%OF YOUR INCOME FOR TAX,contact national insurance people and pay your nat ins by direct debit,keep a record of all your receipts for materials and file them with the copy of the invoice for that job,then at end of year contact an accountant or bookkeeper who will sort out all your tax for you for a set fee.Hope this helps.No need to mention guarantees when pricing a job as PJC says just go back and fix within a reasonable period,five years IMO is a bit excesive.

Good advice there mate from Brian 'any chance of cas missus?'C ....saw him coming out of the dole office other day as well:lol:

 

[brian c]

You Know Me So Well M8.