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You expect me to read a whole post at that time on a Sunday morning?See my OP regarding first hour and how this is for a bit of amusement and clearly not going to be accurate.
Discuss What is your hourly rate as a self employed electrician? in the UK Electrical Forum area at ElectriciansForums.net
You expect me to read a whole post at that time on a Sunday morning?See my OP regarding first hour and how this is for a bit of amusement and clearly not going to be accurate.
Seems you'll be getting close to the 85k vat threshold, then?After a bit of chatter on here a few months ago I went from £30 to £40. Still as busy as I was, still new and returning customers, I charge quarterly after the first hour, and all material is +20%. I'm not vat registered. I charge travel time at the same rate, but try to tie together local jobs.
THink twice before hitting the threshold. Its a one way street .Seems you'll be getting close to the 85k vat threshold, then?
Plus VAT?Just seen this ad in my local paper , domestic electrician (also offers IT solutions like adding data points) £60 per hour
Agree.....go back down to £30....THink twice before hitting the threshold. Its a one way street .
I only do 35 hrs per week as have kids so take a lot of time off for school holidays and loose quite a few hours per week for school runs, net profit was 46k ish last year and I turned over 65k ish, so with the 25% increase in wages I should still be safeSeems you'll be getting close to the 85k vat threshold, then?
With folk charging £30/£40 an hour and well above, and the cost rises in materials, that freeze on VAT threshold at £85k gets all the tougher to stay under.THink twice before hitting the threshold. Its a one way street .
£30 to £40 is a 33⅓% increase. VAT threshold is also over a rolling 12 months, not just tax years. Just saying.I only do 35 hrs per week as have kids so take a lot of time off for school holidays and loose quite a few hours per week for school runs, net profit was 46k ish last year and I turned over 65k ish, so with the 25% increase in wages I should still be safe
Reply to What is your hourly rate as a self employed electrician? in the UK Electrical Forum area at ElectriciansForums.net
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