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Can someone do me some calculations please?
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Author:  Nidge2 [ Sun May 04, 2014 11:46 am ]
Post subject:  Can someone do me some calculations please?
Rental / Settle £270 per week, fuel £110-£130 per week total to save messing about £400 before you take anything for yourself. What would the hourly take have to be if a person wanted to earn £6 an hour?
Author:  Sussex [ Sun May 04, 2014 11:51 am ]
Post subject:  Re: Can someone do me some calculations please?
Nidge2 wrote:
Rental / Settle £270 per week, fuel £110-£130 per week total to save messing about £400 before you take anything for yourself. What would the hourly take have to be if a person wanted to earn £6 an hour?

If you work 60 hours a week just under £13.

If you work 40 hours a week £16.

If you work 80 hours a week £11.
Author:  Nidge2 [ Sun May 04, 2014 11:59 am ]
Post subject:  Re: Can someone do me some calculations please?
Sussex wrote:
Nidge2 wrote:
Rental / Settle £270 per week, fuel £110-£130 per week total to save messing about £400 before you take anything for yourself. What would the hourly take have to be if a person wanted to earn £6 an hour?

If you work 60 hours a week just under £13.

If you work 40 hours a week £16.

If you work 80 hours a week £11.


Cheers, is that everything added in like the fuel?
Author:  roythebus [ Sun May 04, 2014 1:26 pm ]
Post subject:  Re: Can someone do me some calculations please?
It's gotta be easier to work 40 hours @ £16 an hour than 80 hours @ £11 an hour.
Author:  wannabeeahack [ Sun May 04, 2014 1:59 pm ]
Post subject:  Re: Can someone do me some calculations please?
Nidge2 wrote:
Sussex wrote:
Nidge2 wrote:
Rental / Settle £270 per week, fuel £110-£130 per week total to save messing about £400 before you take anything for yourself. What would the hourly take have to be if a person wanted to earn £6 an hour?

If you work 60 hours a week just under £13.

If you work 40 hours a week £16.

If you work 80 hours a week £11.


Cheers, is that everything added in like the fuel?


if its a whole car rental yes (insurance/plates/road tax/repairs), youd want the car 24/7, work/personal and option to car share with another (family?) driver

then it gets sane, split the rental (£135 each) each driver pays for their own shifts fuel
Author:  Skull [ Sun May 04, 2014 2:28 pm ]
Post subject:  Re: Can someone do me some calculations please?
£400 a week before you turn a profit is completely insane. That's around £13 an hour for 30 hours before you make a bolt for yourself. #-o #-o #-o #-o #-o #-o
Author:  wannabeeahack [ Sun May 04, 2014 2:49 pm ]
Post subject:  Re: Can someone do me some calculations please?
Skull wrote:
£400 a week before you turn a profit is completely insane. That's around £13 an hour for 30 hours before you make a bolt for yourself. #-o #-o #-o #-o #-o #-o


but its all inclusive


look at Jman, his insurance is gonna be £3000, his cars £5000+ add in non-fuel items (tyres, road tax, servicing) it soon becomes cloudy as to whats best, plus the car rental means (often) a new vehicle every 3 or 4 years, and a renter can chuck the keys in and walk away in a heartbeat, you cant if youve got HP on a car and penalties to cancel insurance half way through and you get no refund on a plate do you...


£400 a week is £57 a day, take £157 and youve got £600 a week (after fuel) in your sky rocket, even I can see its achievable and im anti-circuit anti-rentals and anti-subcontracting
Author:  Sussex [ Sun May 04, 2014 5:10 pm ]
Post subject:  Re: Can someone do me some calculations please?
Nidge2 wrote:
Sussex wrote:
Nidge2 wrote:
Rental / Settle £270 per week, fuel £110-£130 per week total to save messing about £400 before you take anything for yourself. What would the hourly take have to be if a person wanted to earn £6 an hour?

If you work 60 hours a week just under £13.

If you work 40 hours a week £16.

If you work 80 hours a week £11.


Cheers, is that everything added in like the fuel?

Yes.

The equation is quite simple.

Base of £400 as you outlined.

Then add how many hours times the £6 an hour.

Then divide the total by the amount of hours.
Author:  Skull [ Sun May 04, 2014 5:11 pm ]
Post subject:  Re: Can someone do me some calculations please?
wannabeeahack wrote:
Skull wrote:
£400 a week before you turn a profit is completely insane. That's around £13 an hour for 30 hours before you make a bolt for yourself. #-o #-o #-o #-o #-o #-o


but its all inclusive


look at Jman, his insurance is gonna be £3000, his cars £5000+ add in non-fuel items (tyres, road tax, servicing) it soon becomes cloudy as to whats best, plus the car rental means (often) a new vehicle every 3 or 4 years, and a renter can chuck the keys in and walk away in a heartbeat, you cant if youve got HP on a car and penalties to cancel insurance half way through and you get no refund on a plate do you...


£400 a week is £57 a day, take £157 and youve got £600 a week (after fuel) in your sky rocket, even I can see its achievable and im anti-circuit anti-rentals and anti-subcontracting


What don't you get about working 30 hours a week before making a buck for yourself? :shock: Another 8 hours, and it's your average mans working-week with take-home pay. And that's before looking at the safety implications of someone having to work 60-80 hours a week, to earn a decent crust. :shock:

Don't you see? Your business model is not only unsafe but verges on the unfeasible. :shock:
Author:  Nidge2 [ Sun May 04, 2014 5:36 pm ]
Post subject:  Re: Can someone do me some calculations please?
Skull wrote:
£400 a week before you turn a profit is completely insane. That's around £13 an hour for 30 hours before you make a bolt for yourself. #-o #-o #-o #-o #-o #-o



I know it's shit
Author:  wannabeeahack [ Sun May 04, 2014 5:50 pm ]
Post subject:  Re: Can someone do me some calculations please?
Skull wrote:
wannabeeahack wrote:
Skull wrote:
£400 a week before you turn a profit is completely insane. That's around £13 an hour for 30 hours before you make a bolt for yourself. #-o #-o #-o #-o #-o #-o


but its all inclusive


look at Jman, his insurance is gonna be £3000, his cars £5000+ add in non-fuel items (tyres, road tax, servicing) it soon becomes cloudy as to whats best, plus the car rental means (often) a new vehicle every 3 or 4 years, and a renter can chuck the keys in and walk away in a heartbeat, you cant if youve got HP on a car and penalties to cancel insurance half way through and you get no refund on a plate do you...


£400 a week is £57 a day, take £157 and youve got £600 a week (after fuel) in your sky rocket, even I can see its achievable and im anti-circuit anti-rentals and anti-subcontracting


What don't you get about working 30 hours a week before making a buck for yourself? :shock: Another 8 hours, and it's your average mans working-week with take-home pay. And that's before looking at the safety implications of someone having to work 60-80 hours a week, to earn a decent crust. :shock:

Don't you see? Your business model is not only unsafe but verges on the unfeasible. :shock:



You are labouring under a misapprehension, your example is a "working man" who wants a living wage and stability with job security, throw that away, work hard and get on, work EXTRA hard and make more is a philosophy not applicable to PAYE workers especially since the working hours directive came in, how many builders/plasterers, etc do 80 hours a week to earn loadsamoney?.....most

PAYE workers on 6.50/hr have it harder, they cant work more than 44 hours, £14872 a year, £4782 of it taxed, I used to work a double shift at the pit (7am-2pm and 10pm-5am) on a friday for the extra....

Dont compare PAYE with self employed businesses
Author:  Skull [ Sun May 04, 2014 6:08 pm ]
Post subject:  Re: Can someone do me some calculations please?
Listen, having to work 60-80 hours a week makes you unsafe and has a huge impact on your family life. You happen to be picking up members of the public and driving them from A-B not plastering their bloody walls. #-o

Most builders, plasterers, joiners, etc. don't have to work 30 hours before earning a crust for themselves. And no one is demanding they pay £400 a week, to turn up at their work. #-o Oh and who's comparing driving a taxi to PAYE? #-o

If the feasibility of driving a taxi was based on public safety, I doubt you would be allowed to drive 60-80 hours a week, to make a decent wage.

Get a grip, ffs... #-o #-o #-o
Author:  grandad [ Sun May 04, 2014 6:10 pm ]
Post subject:  Re: Can someone do me some calculations please?
wannabeeahack wrote:

PAYE workers on 6.50/hr have it harder, they cant work more than 44 hours, £14872 a year, £4782 of it taxed,

Of course they can do more than 44 hours. They just can't be forced to work more than 44 hours. :roll:
Author:  Skull [ Sun May 04, 2014 6:17 pm ]
Post subject:  Re: Can someone do me some calculations please?
grandad wrote:
wannabeeahack wrote:

PAYE workers on 6.50/hr have it harder, they cant work more than 44 hours, £14872 a year, £4782 of it taxed,

Of course they can do more than 44 hours. They just can't be forced to work more than 44 hours. :roll:


Good point. =D>


And what's more, why would anyone defend working 60-80 hours a week, while having to pay out £400 a week, to have a job? It's absolutely mental. #-o

It just goes to show the state of the taxi trade as an industry. #-o
Author:  gusmac [ Sun May 04, 2014 6:33 pm ]
Post subject:  Re: Can someone do me some calculations please?
wannabeeahack wrote:


You are labouring under a misapprehension, your example is a "working man" who wants a living wage and stability with job security, throw that away, work hard and get on, work EXTRA hard and make more is a philosophy not applicable to PAYE workers especially since the working hours directive came in, how many builders/plasterers, etc do 80 hours a week to earn loadsamoney?.....most

PAYE workers on 6.50/hr have it harder, they cant work more than 44 hours, £14872 a year, £4782 of it taxed, I used to work a double shift at the pit (7am-2pm and 10pm-5am) on a friday for the extra....

Dont compare PAYE with self employed businesses


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