What is your hourly rate as a self employed electrician?

[littlespark]

See my OP regarding first hour and how this is for a bit of amusement and clearly not going to be accurate.

You expect me to read a whole post at that time on a Sunday morning?

 

[ipf]

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.

Seems you'll be getting close to the 85k vat threshold, then?

 

[LukeD]

Seems you'll be getting close to the 85k vat threshold, then?

THink twice before hitting the threshold. Its a one way street .

 

[Gavin John Hyde]

Standard hourly rate is £50+VAT but do charge more for first hour etc...
Majority of my work is priced jobs fitting ev chargers based on the £50+VAT per hour figures.

 

[123]

Just seen this ad in my local paper , domestic electrician (also offers IT solutions like adding data points) £60 per hour

Plus VAT?

 

[ipf]

THink twice before hitting the threshold. Its a one way street .

Agree.....go back down to £30....

 

[Deleted account]

£50 per hour, but a day was £250 which works out at about £32 ish per hour.

however, off site workload reduces this down to a lot less than this.

 

[suffolkspark]

Seems you'll be getting close to the 85k vat threshold, then?

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

 

[123]

THink twice before hitting the threshold. Its a one way street .

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.

 

[123]

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

£30 to £40 is a 33⅓% increase. VAT threshold is also over a rolling 12 months, not just tax years. Just saying.