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1st Week Pretty Good Me Thinks
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Author:  cab 44 [ Tue Jun 25, 2013 12:27 am ]
Post subject:  1st Week Pretty Good Me Thinks

So 1st full week
Worked Monday to Saturday 5am-5pm and driver worked 5-6pm-3am.
I did £521 and driver gave me £335
Fuel Was About £200 and rent £25
So basically after fuel and rent £631.
Im Happpy With Thatt :-)

Author:  grandad [ Tue Jun 25, 2013 3:25 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

cab 44 wrote:
So 1st full week
Worked Monday to Saturday 5am-5pm and driver worked 5-6pm-3am.
I did £521 and driver gave me £335
Fuel Was About £200 and rent £25
So basically after fuel and rent £631.
Im Happpy With Thatt :-)

How much are you putting aside for maintenance?
Mow much is the insurance per week?
What about depreciation?
Do not forget to factor in all your potential costs and put the money aside to cover these BEFORE you work out how much you have earned otherwise sooner or later you will get bitten on the bum.

Author:  gusmac [ Tue Jun 25, 2013 5:25 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

You back again? :roll:

Yawn.

Author:  roythebus [ Tue Jun 25, 2013 7:30 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

Don't forget hp/lease payments, phone costs, licence fees...that take-home will soon diminish. then if you earn much more than that there will be income tax and national insurance to pay!

If you work it out, you're earning about £10 an hour.

Author:  Nidge2 [ Tue Jun 25, 2013 7:56 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

roythebus wrote:
Don't forget hp/lease payments, phone costs, licence fees...that take-home will soon diminish. then if you earn much more than that there will be income tax and national insurance to pay!

If you work it out, you're earning about £10 an hour.



Give over do you really think he'll factor in the Income Tax. I bet he's got 6 kids and is claiming Child Tax Credits and Working Tax Credits.

Author:  Tico [ Wed Jun 26, 2013 5:21 pm ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

if you use £200 for £521 you car must be a shed

you night man must take £1000pw to give you £300 plus he fuel must be £400pw


i think you tell lies myself but if it gets you genital wet so be it

Author:  gusmac [ Wed Jun 26, 2013 5:30 pm ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

Tico wrote:
if you use £200 for £521 you car must be a shed

you night man must take £1000pw to give you £300 plus he fuel must be £400pw


i think you tell lies myself but if it gets you genital wet so be it


:lol:

Author:  toots [ Thu Jun 27, 2013 12:27 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

Personally I think taking £335 from your driver is terrible, you can rent them here for £140 plus insurance per week and then everything you take is yours and that's on a full collar

Author:  cab 44 [ Thu Jun 27, 2013 2:51 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

Getting It Wrong Here Guys.
My drivers rent is 50% of what he makes i pay fuel, insurance, everythink the driver just takes his 50% and pays his own Tax and NI.

Author:  skippy41 [ Thu Jun 27, 2013 3:01 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

cab 44 wrote:
Getting It Wrong Here Guys.
My drivers rent is 50% of what he makes i pay fuel, insurance, everythink the driver just takes his 50% and pays his own Tax and NI.


Now your fecked with the tax man he is due the min wage plus all other employee entitelments

Author:  o-marek [ Thu Jun 27, 2013 3:09 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

skippy41 wrote:
cab 44 wrote:
Getting It Wrong Here Guys.
My drivers rent is 50% of what he makes i pay fuel, insurance, everythink the driver just takes his 50% and pays his own Tax and NI.


Now your fecked with the tax man he is due the min wage plus all other employee entitelments


skippy41! please, read with understanding... what you read and comment....

Author:  grandad [ Thu Jun 27, 2013 5:30 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

o-marek wrote:
skippy41 wrote:
cab 44 wrote:
Getting It Wrong Here Guys.
My drivers rent is 50% of what he makes i pay fuel, insurance, everythink the driver just takes his 50% and pays his own Tax and NI.


Now your fecked with the tax man he is due the min wage plus all other employee entitelments


skippy41! please, read with understanding... what you read and comment....

I think you will find that Skippy has read it and understood it. What he is eluding to is that the night driver should be classed as an employee and not self employed.

Author:  wannabeeahack [ Thu Jun 27, 2013 9:43 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

cab 44 wrote:
Getting It Wrong Here Guys.
My drivers rent is 50% of what he makes i pay fuel, insurance, everythink the driver just takes his 50% and pays his own Tax and NI.


makes or takes?

Author:  wannabeeahack [ Thu Jun 27, 2013 9:49 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

cab 44 wrote:
So 1st full week
Worked Monday to Saturday 5am-5pm and driver worked 5-6pm-3am.
I did £521 and driver gave me £335
Fuel Was About £200 and rent £25
So basically after fuel and rent £631.
Im Happpy With Thatt :-)


rent £25? a week? where are you Syria?

Insurance £3K a year
Road tax
Plates/badges
MOT
Tyres
servicing
HP on the car

Have you/Can you check what the driver takes?

Author:  toots [ Thu Jun 27, 2013 10:46 am ]
Post subject:  Re: 1st Week Pretty Good Me Thinks

cab 44 wrote:
Getting It Wrong Here Guys.
My drivers rent is 50% of what he makes i pay fuel, insurance, everythink the driver just takes his 50% and pays his own Tax and NI.


So the more he earns the more he pays. I don't like that type of arrangement tbh. I'd much rather rent my vehicle, pay my insurance and fuel then what I earn is mine. The way you do it wouldn't give me incentive to work hard

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