Here is a list of all the postings Sam Longley 1 has made in our forums. Click on a thread name to jump to the thread.
Thread: VAT criticisms? |
16/12/2016 08:06:07 |
Posted by pgk pgk on 16/12/2016 04:19:28:
Posted by Sam Longley 1 on 15/12/2016 18:59:01:
Posted by pgk pgk on 15/12/2016 08:20:56:
As to vat - the original concept was that it would pay for europe... but like all taxes gets used for whatever Gov wants.. and as an unwieldy tax it creates jobs. It used to take me 2 solid days every quarter to work through my vat return for the privilege of paying £30K to the coffers. When my 2 business were active. I had about 60 active customers & over 300/400 invoices per quarter.( Bear in mind they were in construction & involved a lot of alteration retentions etc not just simple invoices) It took about 20 minutes to prepare my VAT return & about the same to ensure that I had correctly posted them on the HMRC website for each company- staggered 1 month apart If you took 2 days then i would suggest that you were leaving your accounts to the last minute or were very disorganised.The infrequent visits from the VAT inspector were never a problem if books were kept in order. I have never had any major problems with VAT & visits have never lasted more than a day every 4-5 years or so. I now only have one company & work as a consultant . The last inspection was 9 years ago & lasted 2 hours. I like VAT as a tax , not so much as for the fact that I have to pay it, but for the fact that it is by far the easiest tax for me to operate & by far the easiest for the HMRC to collect. If it was not for the fact that it tends to be a greater proportion of the poorer persons income ( because they have to spend all there income & have none spare in comparison to the wealthy who do not have to spend all their cash so the statistics are distorted ) I would rather they increased VAT & did away with PAYE & the hassle & work that creates. Collecting tax from wages really is a full time job. If there was a way for the current non tax payer to reclaim VAT it would be great to pay more VAT & not income tax. It would save fortunes in unnecessary bureaucracy And there you have it.. entirely different businesses. I had a database of some 30K clients with some 3K unique ones seen every year but some 10K+ invoices and many hundreds of different products and services stocked. Yes it was all computerised and output tax was a press of a button...although it still needed some cross-check. Input taxes and spreadsheet checks were the majority time... making sure I was claiming all those inputs. Every few years we got visited and it always took the full day. So in the grand scheme of things the 2 days doing the VAT with the 1 days visit were proportionally minimal -compared with everything else- & not the burden that you suggested. Although a pain in the butt when busy !!!!! |
15/12/2016 18:59:01 |
Posted by pgk pgk on 15/12/2016 08:20:56:
As to vat - the original concept was that it would pay for europe... but like all taxes gets used for whatever Gov wants.. and as an unwieldy tax it creates jobs. It used to take me 2 solid days every quarter to work through my vat return for the privilege of paying £30K to the coffers. When my 2 business were active. I had about 60 active customers & over 300/400 invoices per quarter.( Bear in mind they were in construction & involved a lot of alteration retentions etc not just simple invoices) It took about 20 minutes to prepare my VAT return & about the same to ensure that I had correctly posted them on the HMRC website for each company- staggered 1 month apart If you took 2 days then i would suggest that you were leaving your accounts to the last minute or were very disorganised.The infrequent visits from the VAT inspector were never a problem if books were kept in order. I have never had any major problems with VAT & visits have never lasted more than a day every 4-5 years or so. I now only have one company & work as a consultant . The last inspection was 9 years ago & lasted 2 hours. I like VAT as a tax , not so much as for the fact that I have to pay it, but for the fact that it is by far the easiest tax for me to operate & by far the easiest for the HMRC to collect. If it was not for the fact that it tends to be a greater proportion of the poorer persons income ( because they have to spend all there income & have none spare in comparison to the wealthy who do not have to spend all their cash so the statistics are distorted ) I would rather they increased VAT & did away with PAYE & the hassle & work that creates. Collecting tax from wages really is a full time job. If there was a way for the current non tax payer to reclaim VAT it would be great to pay more VAT & not income tax. It would save fortunes in unnecessary bureaucracy |
15/12/2016 06:00:11 |
Posted by Michael Walters on 14/12/2016 22:08:52:
Posted by Michael Briggs on 14/12/2016 21:57:09:
VAT replaced PURCHASE tax.
Refusing businesses to reclaim expenses would resolve this, people would not be able to class their personal expenditure in business categories which allows the rich to bypass the control. I think one needs to correct that misconception One is allowed to claim expenses in connection with operating the business. Which is different to expenses for personal use which I believe that you are implying in your general text Edited By Sam Longley 1 on 15/12/2016 06:00:56 |
14/12/2016 21:05:44 |
As a yachtsman I have a problem in that VAT on red diesel is 5% because it is used for farmers & fishermen etc. marinas generally only sell red diesel. The EU object to yachtsmen having red fuel aboard & in belgium some boaters have been fined for having red fuel as they consider it illegal as they cannot be sure VAT has been paid on it. France will allow us to have red in our tanks on arrival but not in cans for top up. The same in Holland. So because I go to Belgium a lot i have to transport white fuel to my boat & use it all the time to avoid traces of red in my tank. Currently yachtsmen in the uK can get Vat dispensation for proportion of fuel they claim for heating & battery charging so the bill will show 2 rates of VAT. This really winds the Belgians up. So even showing them receipts to prove VAT has been paid does not mean one will not be fined. So our use of cheaper red diesel ( even though it can be dearer than white diesel abroad) really causes a problem because of VAT rates
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14/12/2016 19:51:00 |
Posted by blowlamp on 14/12/2016 18:10:53:
Posted by SillyOldDuffer on 14/12/2016 17:58:02:
The big question is "where's the money going to come from?" Over the last 7 years or so government debt has risen sharply. It is now about £1.64Tn. (Yes, Trillion, £1,640,000,000,000,000,000 or roughly £27,000 for every man woman and child in the UK) Hang on ! i thought a trillion was a million million so that is 6 digits plus 6 digits= 12 digits( plus the denominator =13 & you have 19 of them Then I thought we had 64 million people ( is that right or have I forgotten 3.5 M immigrants ) so 27 * 64 = 1728 * stick 9 noughts on to that( Thousand , million) & we get £1,728,000,000,000.( Now I make that 1.7 trillion) Is that right ???????
Edited By Sam Longley 1 on 14/12/2016 19:58:36 |
14/12/2016 19:38:50 |
Posted by SillyOldDuffer on 14/12/2016 17:58:02:
I'm too young to have done National Service. I did spend my youth working for chaps who had. Although they all had funny stories to tell, their opinion to a man was that National Service was almost a complete waste of time. They didn't benefit from it and the military, who much prefer volunteers, certainly didn't. Dave Like you i missed the experience Yet there are those that said that it gave a sense of discipline to youth & i know some who actually used there time to start the learnings of a trade So although many said that I suspect that many did not actually want to admit that it did do them some good |
Thread: What Did You Do Today (2016) |
11/12/2016 12:02:33 |
Posted by Mike on 11/12/2016 09:29:59:
Yes, we used to make "glue" for perspex by putting perspex chips and chloroform in a tightly-corked flask, together with a few small steel ball bearings, and shaking it. I'm still here, but considering the number of dangerous chemicals I fiddled with in my 20s, I often wonder why! But you probably applied a modicum of common sense, learned how to cope with such things, became a more rounded mature person able to deal with problems on your own & did not go running to the nearest H & S claims lawyer when you burnt your finger tips |
10/12/2016 15:33:33 |
On TV the series Mythbusters set up a domestic hot water cylinder in a domestic type situation & shut the valves. They then let temperature & pressure rise. the resulting bang sent the split cylinder through the ceiling & about 100ft into the air
I still liked the one about how to remove hardened concrete from a readymix concrete lorry using semtex ( or something like that) the best though !!!!! Must remember not to use too much next time |
Thread: Insulation |
06/12/2016 20:09:22 |
I am sure forumites are aware but it has to be said :---- If one is going to use polystyrene then one should be certain that it is fire resisting grade. Many of the light weight "large granule" white sheets are not. They are also less impact resistant. The fumes can be dangerous & in a workshop, fire must be considered a distinct possibility. With Celotex etc the requirement for vapour barrier is not needed as the foil facing acts as such but the joints do need to be taped with aluminium foil |
05/12/2016 21:16:04 |
Posted by Tractor man on 22/11/2016 18:35:47:
Hi all. My new sectional concrete workshop has been erected today and I am looking for anyone's experience of insulating such a structure to make it more livable in winter. My thoughts are to line the steel roof with kingspan boards and similar with the walls. Then skin this with ply wood. If anyone has any views or suggestions please let me know. Mick I took some 25 * 50mm battens & lined them up with the joints in the concrete panels vertically. I loosened the joint bolts & wound some doubled up tying wire around one end of the bolts & round the battens then back round the other end of the bolt. Using steel fixers end cutters I tensioned the wire so much so that it cut into the batten. There were 4 bolts to each joint so each joint got 4 ties. I then cut 25mm celotex between each piece of batten. At windows I cut the battens & pinned them horizontally so the ends pinned to the verticals. At the door there were extra strong studs so i was able to screw the 25*50 batten. Having done this I pinned 4mm ply horizontally all round. I then cut some more 4ft * 8 ft ply in 2 ft strips * 8ft & pinned this round to cover the celotex to a height of 6 ft which protects it adequately. the celotex above this is exposed for about 150mm . I cut off cuts of celotex to fit double thickness into the eaves. For the roof i placed 25 th celotex from the eaves to the wood purlins & one end was trapped at the eaves & at the purlin end I pinned some 12 * 12 batten to the side of the purlin to hold the celotex. Between purlin & ridge I did a similar method of fixing For the garage door & glued 25mm celotex to the back of the door with recesses for the control gear but being 25 th it goes behind the lock bars ok & does not upset the balance of the garage door for opening 25 celotex is ample for a workshop & it warms up with a 2kw electric fan heater in 30-45 mins I have no condensation problems. There is no insulation in the slab& it is not necessary. The slab is unreinforced 125mm concrete. The workshop is 22ft & 10 ft 3ins with cementous sheet roof. 2 windows, 1 up & over door & one metal side door. I had the extra height option to give me headroom inside Edited By Sam Longley 1 on 05/12/2016 21:19:18 |
Thread: Silver soldering question |
03/12/2016 21:29:32 |
Thanks Parts suitably tippexed ready for a go tomorrow |
03/12/2016 11:55:42 |
I am silver soldering a large & a small sprocket onto a bush to sit on a layshaft. i wanted to drill the bush between the two for a grub screw just to locate the bush on the shaft rather than place collars each side of it. I do not need any keyway & have no facility to cut one anyway. i have to drill & tap the hole before I silver solder the sprockets onto the bush as the diameter of the largest bush is 100mm & the grubscrew is 4mm from it with the smaller sprocket another 6mm from that so there is only a 10mm gap. My problem is how to prevent the silver solder filling the grub screw hole. If I place the screw in , sod's law dictates that it will solder itself in place. if I do not then the hole will fill with dross Is there a simple trick to prevent this? Do I have to re think the process & forget the grubscrew hole altogether? |
Thread: Using a debt collection agency. |
30/11/2016 19:19:41 |
Surely the next course of action after a CCJ is a balif That would be my approach. Must have something worth seizing for sale. Even if it just messes him up it is worth doing If not a limited company there must be some assets somewhere that can be seized. Edited By Sam Longley 1 on 30/11/2016 19:21:29 |
29/11/2016 17:36:43 |
I took quite a few to the small claims ranging from John Lang ( Construction Co) to Tower Hamlets LA to small local traders I never messed about waiting. I found one would just get strung along. I always used Thos higgins as not only were they cheap but very efficient. My greatest joy was when the baliff went into Tower Hamlets offices & seized goods to the auction value of £ 3500-00. Tower Hamlets were so badly organised it was unbelievable. He gave them loads of notice Yet they still ignored it. I took 2 local schools that I did work for £ 18K total, because they all cleared off on summer hols & thought they could forget paying me for 8 weeks. Caused quite a stir when the headmasters got called back off holidays. Never wait for money. it is yours & non payment is theft. Get a reputation for going for it & you get paid on time
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Thread: boiler fittings |
28/11/2016 18:59:10 |
Plumbers hemp & boss white |
Thread: Heinz Beanz advert banned for health and safety reasons |
28/11/2016 08:35:56 |
Posted by Howard Lewis on 27/11/2016 21:22:06:
THEY should do something about this! My usual comment about H&S pundits is that they should not have doors on their offices, for fear of trapping their fingers. Has Common Sense, just like telling the truth, been made illegal, or is it just extinct? Seems to be very little about these days. That is typical of some of the silly rumours attached to H & S that people love to publish If such a thing was a deemed risk - such as in children's nurseries- then they fit finger guards to the hinge side of the door & that is quite common However, I tend to agree wholeheartedly with the second statement about truth. |
Thread: Fitting Ikea Kitchen Units - Me workshop wall is on the way. |
27/11/2016 07:50:07 |
Posted by JasonB on 22/11/2016 18:18:15:
TE board taped and filled with Easyfill, corner tape on the external corner.
With the metal strips in it ????
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Thread: Heinz Beanz advert banned for health and safety reasons |
26/11/2016 17:39:29 |
Posted by Michael Gilligan on 26/11/2016 09:02:26:
Posted by Sam Longley 1 26/11/2016 07:32:27:
Before I get a slap-- How do i post that as a ***link""" ? . Copy the URL to your clipboard https://www.youtube.com/watch?v=y3nu5PkoyLc Select the hyperlink icon on the bottom row. Paste the URL into the 'box' and press OK MichaelG. Edited By Michael Gilligan on 26/11/2016 09:06:01
Like this? Excuse the test !!!!! Thanks
Edited By Sam Longley 1 on 26/11/2016 17:44:29 |
26/11/2016 07:32:27 |
Before I get a slap-- How do i post that as a ***link""" ? |
26/11/2016 07:31:00 |
Posted by Robbo on 25/11/2016 23:13:20:
Quote " Hmm. Anyone else here used to hang onto buses while cycling as a lad? Russell."
I thought that's what those rails on car roofs were for? That is dangerous. they are for parking the bike https://www.youtube.com/watch?v=y3nu5PkoyLc |
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