Clean It Up
UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: simon123 on September 02, 2008, 09:12:46 pm
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Has registering for VAT got you any new work ? A few I have talked to say it has ;D
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In the mad world of commercials you stand a better chance of getting a job against another if you are vat registered and their not, only because it's easier for their accounting procedures.
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I have just taken the plunge , so I am hoping it gets me some quality work ;D
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i have found that it makes no difference
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I have been asked twice if i was vat registered but it never stopped me getting the jobs i suppose it does give a level of credebility though
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Has registering for VAT got you any new work ? A few I have talked to say it has ;D
Why have you just registered for VAT when you are moving abroad soon? Just seems an odd thing to do if you don't have to.
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Has registering for VAT got you any new work ? A few I have talked to say it has ;D
Why have you just registered for VAT when you are moving abroad soon? Just seems an odd thing to do if you don't have to.
well my fiancee wants to live in England for a while , so I am going to give her a year of enduring the bad weather, than hopefully she will agree to move abroad ! ;D
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It will make no difference.
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It will make no difference.
D,OH !!!
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It will make no difference.
Apart from handing the treasury about 17% of your earnings.
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It will make no difference.
Apart from handing the treasury about 17% of your earnings.
I love paying lots of tax ;D
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It will make no difference.
Apart from handing the treasury about 17% of your earnings.
Business don’t pay VAT, it’s a tax for the public!
That's true if you are going to put all your prices up by 17.5%. If you are not, then your business will certainly pay the tax.
Your suggestion only works in a business to business environment where vat can be claimed back.
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No, your customers will have to!
Your customers "will have to" what?
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No, your customers will have to!
Your customers "will have to" what?
They could just cancel
Pay the VAT tax,
???
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No, your customers will have to!
Your customers "will have to" what?
Pay the VAT tax,
???
Presuming we're still talking about the original posters question and presuming he isnt turning over more that 60k (or whatever the current threshhold is for registering) - - - -
If your business is not VAT registered then you wont add VAT to your invoice and you customer wont pay VAT.
Simple.
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When i employ tradesmen i always make sure they are NOT vat registered. I pay enough tax!
Tony
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David you can apply for VAT registration any time before the threshold, that goes without saying, course you don’t claim and you don’t charge VAT if your not registered.
But the original post is talking about being VAT registered and VAT is a tax for the man in the street only, it is not in any way a tax on business.
You can either interpret it the correct way or the wrong way it’s your choice.
;D
Ewan,
You seem to be struggling with the implications to your business of going VAT registered if dont need to.
Let me try and break it down for you -
If you register for VAT all your customers will have to be charged VAT...thats both your residential and commercial customers.
So, now we've established this - lets look at the next step
What can your business reclaim now you're VAT registered?
Window cleaning is 'labour intensive' and has few overheads. So you've got some fuel, some scrim, new rubbers or poles, the odd brush.
So your 'reclaimable VAT' each quarter is going to be very low. But your 'VATable income' is going to be relatively high.
You now have two choices -
1. Absorb the VAT into your current prices (effectively reducing your price by 17.5%)
2. Put your prices up across the board by 17.5% to cover the new tax you have voluntarily agreed to pay HMRC.
If you dont have to go VAT (because your turnover is below the threshold) and your business cannot reclaim more than it pays, there is no advantage doing it.
It will end up costing YOUR BUSINESS money. and thats leaving aside the extra burden of producing a VAT return each quarter!
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David you can apply for VAT registration any time before the threshold, that goes without saying, course you don’t claim and you don’t charge VAT if your not registered.
But the original post is talking about being VAT registered and VAT is a tax for the man in the street only, it is not in any way a tax on business.
You can either interpret it the correct way or the wrong way it’s your choice.
;D
Ewan you can register before the threshold yes , and you can also opt out , if you find it is not working for you mate ;D
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Unless you can reclaim as much vat as you are due to pay, there is no point in registering unless you have to. As Ewan rightly points out, it is a man on the street tax and you are basically working for HMRC to collect this tax.
However, the implications of this is that you will have to add 17.5% to every bill or absorbe the tax yourself.
So where you were cleaning Mrs. Smith for £10.00, you will either have to add 17.5% to the bill and ask her for £11.75 or you will have to swallow the tax yourself and continue to ask for £10.00. In the latter case, the £10.00 already includes the 17.5% so you will have to pay £1.49 to HMRC and be left with £8.51 where you used to have £10.00.
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Unless you can reclaim as much vat as you are due to pay, there is no point in registering unless you have to. As Ewan rightly points out, it is a man on the street tax and you are basically working for HMRC to collect this tax.
However, the implications of this is that you will have to add 17.5% to every bill or absorbe the tax yourself.
So where you were cleaning Mrs. Smith for £10.00, you will either have to add 17.5% to the bill and ask her for £11.75 or you will have to swallow the tax yourself and continue to ask for £10.00. In the latter case, the £10.00 already includes the 17.5% so you will have to pay £1.49 to HMRC and be left with £8.51 where you used to have £10.00.
Well the trick is to put VAT on all your new customers both commercial and domestic ! If you have existing customers you could try to explain that because you are now VAT registered the prices will be increasing accordingly ! ;D
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Oh, they would love that - or find a cheaper non vat cleaner.
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dont forget you can also reclaim vat paid on new vehicles.
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David you can apply for VAT registration any time before the threshold, that goes without saying, course you don’t claim and you don’t charge VAT if your not registered.
But the original post is talking about being VAT registered and VAT is a tax for the man in the street only, it is not in any way a tax on business.
You can either interpret it the correct way or the wrong way it’s your choice.
;D
Ewan,
You seem to be struggling with the implications to your business of going VAT registered if dont need to.
Let me try and break it down for you -
If you register for VAT all your customers will have to be charged VAT...thats both your residential and commercial customers.
So, now we've established this - lets look at the next step
What can your business reclaim now you're VAT registered?
Window cleaning is 'labour intensive' and has few overheads. So you've got some fuel, some scrim, new rubbers or poles, the odd brush.
So your 'reclaimable VAT' each quarter is going to be very low. But your 'VATable income' is going to be relatively high.
You now have two choices -
1. Absorb the VAT into your current prices (effectively reducing your price by 17.5%)
2. Put your prices up across the board by 17.5% to cover the new tax you have voluntarily agreed to pay HMRC.
If you dont have to go VAT (because your turnover is below the threshold) and your business cannot reclaim more than it pays, there is no advantage doing it.
It will end up costing YOUR BUSINESS money. and thats leaving aside the extra burden of producing a VAT return each quarter!
David I understand where you are coming from when you say it will cost your business money, but that is not how to do it and if you are still thinking this way, “it will cost my business money” you don’t know what you are doing.
There's a lot more to consider before you decide to go VAT registered, before you reach the threshold.
Fact is you have to register for it when you reach £67K in sales. Which is less than £280 a day average.
So at that point there is no choice, it would be in your interest to have figured this out before you reach that point.
Ewan talk to your accountant mate , he might just make you rich ;)
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Can you claim vat back on snacks?
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The original question was if registering for vat made any difference to your business
Yes yes and yes
Yes you get more work
Yes you get better work
Yes you make more money
As usual the people with a little knowledge are the scare-mongers
If you register for vat via the flat rate scheme you charge the expected 17.5% and you get to keep up to 10% in the first year. The clients commercial and domestic readily accept the tax as we all already pay it on most things we buy. The client doesn't realise that in real terms what has actually happened is you have raised your prices by up to 10%, it is like being paid to collect the tax.
The sooner the so called business people embrace the opportunities of taxes and vat rather than wasting time and energy trying to "avoid" it the better for us all.
We pay a great deal of tax in all their many forms and no I don't like it but if every business person declared and paid their share of taxes the rest of us wouldn't have to pay so much. Why should I pay their taxes?
It is the same as the retailers who add on a few percent of their costs to the price of their goods to cover the losses they suffer through theft. You pay more so they can pay nothing.
Vat can be a benefit to your business but only if you understand it and take advice from either your accountant or the local tax office.
Stop being afraid and investigate yourselves, start at the tax website and good luck
Gordon
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The original question was if registering for vat made any difference to your business
Yes yes and yes
Yes you get more work
Yes you get better work
Yes you make more money
As usual the people with a little knowledge are the scare-mongers
If you register for vat via the flat rate scheme you charge the expected 17.5% and you get to keep up to 10% in the first year. The clients commercial and domestic readily accept the tax as we all already pay it on most things we buy. The client doesn't realise that in real terms what has actually happened is you have raised your prices by up to 10%, it is like being paid to collect the tax.
The sooner the so called business people embrace the opportunities of taxes and vat rather than wasting time and energy trying to "avoid" it the better for us all.
We pay a great deal of tax in all their many forms and no I don't like it but if every business person declared and paid their share of taxes the rest of us wouldn't have to pay so much. Why should I pay their taxes?
It is the same as the retailers who add on a few percent of their costs to the price of their goods to cover the losses they suffer through theft. You pay more so they can pay nothing.
Vat can be a benefit to your business but only if you understand it and take advice from either your accountant or the local tax office.
Stop being afraid and investigate yourselves, start at the tax website and good luck
Gordon
Gorden I havnt even met you and I like you LOL !
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The original question was if registering for vat made any difference to your business
Yes yes and yes
Yes you get more work
Yes you get better work
Yes you make more money
As usual the people with a little knowledge are the scare-mongers
If you register for vat via the flat rate scheme you charge the expected 17.5% and you get to keep up to 10% in the first year. The clients commercial and domestic readily accept the tax as we all already pay it on most things we buy. The client doesn't realise that in real terms what has actually happened is you have raised your prices by up to 10%, it is like being paid to collect the tax.
The sooner the so called business people embrace the opportunities of taxes and vat rather than wasting time and energy trying to "avoid" it the better for us all.
We pay a great deal of tax in all their many forms and no I don't like it but if every business person declared and paid their share of taxes the rest of us wouldn't have to pay so much. Why should I pay their taxes?
It is the same as the retailers who add on a few percent of their costs to the price of their goods to cover the losses they suffer through theft. You pay more so they can pay nothing.
Vat can be a benefit to your business but only if you understand it and take advice from either your accountant or the local tax office.
Stop being afraid and investigate yourselves, start at the tax website and good luck
Gordon
Hi Gordon
I can only see this being of any value on commercial. People do expect to pay tax, but not necessarily on their window cleaning. With the current climate of uncertainty, I am not sure now is the time to be hitting them with almost a 20% increase.
I don't believe I am one of the prople 'with little knowledge', I have two other companies, both VAT registered. I just cannot see the point of handing over a lump of my income unless I have to.
Can you explain why you get more and better work simply because you are VAT registered. In fact, I see it as potential missmanagment. If you invested that vat that you do not need to pay into advertising, equipment, training etc. you would probably get more and better quality work.
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i was thinking that, if you feel you can hit your customers for a huge inc+ like that, why not do it and then keep the money, forget giving it to HMRC!! wait till you hit the band, if ever, as a sole trader, but you will have more chance by putting prices up!
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Davids , I think you have to agree to dissagree mate ;D
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Hi David
Not sure if i 'm understanding your point because if you do not charge vat you do not have any extra income to invest in advertising etc
If you do charge vat on the standard plan at 17.5% you do not get to "keep" any of this money, all you are doing is being an unpaid tax collector, so again you still do not have any "extra" money to reinvest
If you can join the flat rate scheme you collect 17.5% but only pass on around (amounts vary according to circumstances) 7.5% which leaves you the 10% as an extra profit which yes you can spend on promoting your business.
So by registering for vat it generates up to 10% of your turnover for you to do as you see fit= this is definately a benefit
Being vat registered allowed us to tender for larger jobs for local council and even government contracts Rightly or wrongly it gives confidence to the contractor that you have the experience the resources and the staying power that they need to depend upon.
It also demonstrates your willingness to obey the law to do the right thing this demonstrates your commitment to rules and procedures ie more likely to follow H&E guidlelines more likely to have sufficient insurance fully employed staff etc etc.
While its not my opinion the accepted train of thought is that if you have been around long enough and have been able to generate such volume of business that you needed to register for vat you must have a sound knowledge of both your trade and of how to run a business. It is a yard stick for clients to gauge you by, similar to your employer/public liability which is scaled by how many employees you have. This allows your client to gain "real" knowledge of your business.
Anyone can and many do have very slick websites yet how can a client decide if this website has been "talked up"? can you see how this could lead to problems if the cleaner hasn't got the manpower or equipment or more importantly the cashflow that the website may suggest he has.
Vat gives some form of guide not a science but a guide and if it comes down to similar quotes from two tenders the vat registered one nearly always wins.
Gordon
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Gordon i agree with what your saying but please advise me, my situation is im getting v close to vat threshold i have about 70/ 30 split in favour of commercial, most of my commercial is appartments(which dont pay vat has there a none profit org) how do i pass on the vat without out losing custom? and also i dont think in the current climate residential customers will swallow i 17.5% increase.
Your advuce is appreciated.
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Davids , I think you have to agree to dissagree mate ;D
Why, I am just asking for his opinion? Maybe he is right and can show me the light. Personally, having two other companies VAT registered, even the though makes me cringe.
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Gorden you make some excellent points ! Give me a ring sometime when you are quiet mate ? Or email me , thanks buddy ;D
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Ronnie
We do some work for a non profit making organisation and they have to pay us the VAT
Rob ;D
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rob
what i mean is there not vat reg so obviuosly my prices will have to go up 17.5% which could make them go else were.
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VAT for a £1300 pm income (that you sold anyway) ???
Business accounts are so "cool" because you get an account manager ???
You puzzle me Simon :D
Pro
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VAT for a £1300 pm income (that you sold anyway) ???
Business accounts are so "cool" because you get an account manager ???
You puzzle me Simon :D
Pro
Sometimes i puzzle myself mate ! If i could lend you my head for a week you would be more understanding :'(
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Hi David
Not sure if i 'm understanding your point because if you do not charge vat you do not have any extra income to invest in advertising etc
If you do charge vat on the standard plan at 17.5% you do not get to "keep" any of this money, all you are doing is being an unpaid tax collector, so again you still do not have any "extra" money to reinvest
If you can join the flat rate scheme you collect 17.5% but only pass on around (amounts vary according to circumstances) 7.5% which leaves you the 10% as an extra profit which yes you can spend on promoting your business.
So by registering for vat it generates up to 10% of your turnover for you to do as you see fit= this is definately a benefit
Being vat registered allowed us to tender for larger jobs for local council and even government contracts Rightly or wrongly it gives confidence to the contractor that you have the experience the resources and the staying power that they need to depend upon.
It also demonstrates your willingness to obey the law to do the right thing this demonstrates your commitment to rules and procedures ie more likely to follow H&E guidlelines more likely to have sufficient insurance fully employed staff etc etc.
While its not my opinion the accepted train of thought is that if you have been around long enough and have been able to generate such volume of business that you needed to register for vat you must have a sound knowledge of both your trade and of how to run a business. It is a yard stick for clients to gauge you by, similar to your employer/public liability which is scaled by how many employees you have. This allows your client to gain "real" knowledge of your business.
Anyone can and many do have very slick websites yet how can a client decide if this website has been "talked up"? can you see how this could lead to problems if the cleaner hasn't got the manpower or equipment or more importantly the cashflow that the website may suggest he has.
Vat gives some form of guide not a science but a guide and if it comes down to similar quotes from two tenders the vat registered one nearly always wins.
Gordon
I can see your points and some are valid IMO, but someone can start a business today get all insurances and go VAT registered straight away with no turnover at all so this does discredit some of the points somewhat (even though to a degree I think you are right just not on all commercial.
A slick website is just the same as VAT no body knows what you can do from it. yet the website IMO helps a great deal (I know I am going to say that as I design them, but I strongly think it is true).
I know at some point I will have no choice but to register for VAT in one of the business' and be an unpaid tax collector like others but for now I am happy as I do not go after very large jobs in the Thousands as it is not in my business model, this could change in time who knows.
I got a office contract about 4 weeks ago and the reason was the way I handled myself on the phone and in person, vat had no bearing on this what so ever VAT does not make you clean windows any better or mean you will turn up etc. Please do not think that I am saying your totally wrong as I am not, I am just making a few fair points from the other side of the coin so to speak.
Ian
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Good points Ian ;D
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VAT for a £1300 pm income (that you sold anyway) ???
Business accounts are so "cool" because you get an account manager ???
You puzzle me Simon :D
Pro
Sometimes i puzzle myself mate ! If i could lend you my head for a week you would be more understanding :'(
Is it to do with bi-polar?
I've known several people with this and it often seems to produce situations where somebody has a view of their capabilities that are very incompatible with reality. We can all go through phases like that I suppose but with bi-polar it does appear far more extreme (hence the revised name for the condition).
I won't go into how the condition affected the others I knew as that's their stuff. Some of the things you post on here seem to have some resemblance.
I realise I'm probably not exactly your favourite person but I do have some empathy with you.
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I registered for vat at the very outset,.. when I had ZERO income.
To be honest, probably not the smartest move,.. If I was doing things again I'd probably wait 2 years till I hit the threshold.
In Ireland the threshold is €36K I think,... so and "real" company is VAT registered. Rather than giving you extra credibility being registered, its simply the norm. If you're not registered you are often perceived as a cowboy cleaner, or very new to the business.
Being VAT registered did help me get work, and better quality work too,... but with the threshold being so much higher in the UK I doubt the same would apply. My advice it to wait till you're very near the VAT limit already, and register the month before you buy a new van!
;D ;D
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VAT for a £1300 pm income (that you sold anyway) ???
Business accounts are so "cool" because you get an account manager ???
You puzzle me Simon :D
Pro
Sometimes i puzzle myself mate ! If i could lend you my head for a week you would be more understanding :'(
Is it to do with bi-polar?
I've known several people with this and it often seems to produce situations where somebody has a view of their capabilities that are very incompatible with reality. We can all go through phases like that I suppose but with bi-polar it does appear far more extreme (hence the revised name for the condition).
I won't go into how the condition affected the others I knew as that's their stuff. Some of the things you post on here seem to have some resemblance.
I realise I'm probably not exactly your favourite person but I do have some empathy with you.
Thank you for that lovely post mate . In the past I have been to a dark place that wasnt very nice , but with a bit of help from my good friends I am doing very well now thank you ;D I havnt had a low patch for about 18 months now , so I am happy now my friend ;D
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
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Gordon
I can see your points and some are valid IMO, but someone can start a business today get all insurances and go VAT registered straight away with no turnover at all so this does discredit some of the points somewhat (even though to a degree I think you are right just not on all commercial.
A slick website is just the same as VAT no body knows what you can do from it. yet the website IMO helps a great deal (I know I am going to say that as I design them, but I strongly think it is true).
I know at some point I will have no choice but to register for VAT in one of the business' and be an unpaid tax collector like others but for now I am happy as I do not go after very large jobs in the Thousands as it is not in my business model, this could change in time who knows.
I got a office contract about 4 weeks ago and the reason was the way I handled myself on the phone and in person, vat had no bearing on this what so ever VAT does not make you clean windows any better or mean you will turn up etc. Please do not think that I am saying your totally wrong as I am not, I am just making a few fair points from the other side of the coin so to speak.
Ian
Ian, you are completely of the mark for example, some one with no turnover just starting could well have saved them selves thousands in VAT if they registered even though they have no turnover yet.
The only similarities between VAT and a website are the perception they both can give. That perception should be for the better.
Customers may not be aware of your cleaning capabilities, but I think you will come across with better business acumen because you have been able to create an acceptable infrastructure in your business regardless whether you have just started.
Business to Business not Window Cleaner to Business!
This is what you think Ewan and your welcome to your view ;)
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Gordon
I can see your points and some are valid IMO, but someone can start a business today get all insurances and go VAT registered straight away with no turnover at all so this does discredit some of the points somewhat (even though to a degree I think you are right just not on all commercial.
A slick website is just the same as VAT no body knows what you can do from it. yet the website IMO helps a great deal (I know I am going to say that as I design them, but I strongly think it is true).
I know at some point I will have no choice but to register for VAT in one of the business' and be an unpaid tax collector like others but for now I am happy as I do not go after very large jobs in the Thousands as it is not in my business model, this could change in time who knows.
I got a office contract about 4 weeks ago and the reason was the way I handled myself on the phone and in person, vat had no bearing on this what so ever VAT does not make you clean windows any better or mean you will turn up etc. Please do not think that I am saying your totally wrong as I am not, I am just making a few fair points from the other side of the coin so to speak.
Ian
Ian, you are completely of the mark for example, some one with no turnover just starting could well have saved them selves thousands in VAT if they registered even though they have no turnover yet.
The only similarities between VAT and a website are the perception they both can give. That perception should be for the better.
Customers may not be aware of your cleaning capabilities, but I think you will come across with better business acumen because you have been able to create an acceptable infrastructure in your business regardless whether you have just started.
Business to Business not Window Cleaner to Business!
This is what you think Ewan and your welcome to your view ;)
It’s not my view though, just common business practice.
You wear many coats when you work for self, but a lot of business is standardised you can go against the grain but you wont change anything and it’s all tried and tested formula the blue-print’s for financial/business success are there the only difference is the people!
My last reply was meant as this is what you think thats great I cant be bothered to argue a point over something that really does not make any difference to my business.
I am happy for you if when you started out you registered for VAT straight away hopefully you dont come to my areas of work as you will take all my window cleaner to business customers away from me :'( and become the leading UK business to business window cleaner. I personally will carry on the way I am ;)
Sorry I am being silly now, so I will stop, I think listening to the rain on my office window is making me a little crazy.
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Interesting Simon- so when you are 'up' you are a whirlwind that doesn't take the knock backs like the rest of us, you are like one of those sprinters from jamiaca with short twitch muscles, you must have been geneticly bred for door knocking.Good for you.
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i have found that it makes no difference
Makes no difference ive just landed a large commercial contract and was competing against larger companies who are vat registered.
I asked the facilitys director of the company why he chose us. He said mainly price and the quality of our quote.
So i suppose it comes down to how professional you are and being vat registered doesnt matter.
IMO forcing vat registration onto yourself just opens up a whole set of new propblems.
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i have found that it makes no difference
Makes no difference ive just landed a large commercial contract and was competing against larger companies who are vat registered.
I asked the facilitys director of the company why he chose us. He said mainly price and the quality of our quote.
So i suppose it comes down to how professional you are and being vat registered doesnt matter.
IMO forcing vat registration onto yourself just opens up a whole set of new propblems.
Thank god there is another on here that agrees
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
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Are you on drugs now matt? ???
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
Yeah baby ! ;D
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VAT for a £1300 pm income (that you sold anyway) ???
Business accounts are so "cool" because you get an account manager ???
You puzzle me Simon :D
Pro
Sometimes i puzzle myself mate ! If i could lend you my head for a week you would be more understanding :'(
Is it to do with bi-polar?
I've known several people with this and it often seems to produce situations where somebody has a view of their capabilities that are very incompatible with reality. We can all go through phases like that I suppose but with bi-polar it does appear far more extreme (hence the revised name for the condition).
I won't go into how the condition affected the others I knew as that's their stuff. Some of the things you post on here seem to have some resemblance.
I realise I'm probably not exactly your favourite person but I do have some empathy with you.
Thank you for that lovely post mate . In the past I have been to a dark place that wasnt very nice , but with a bit of help from my good friends I am doing very well now thank you ;D I havnt had a low patch for about 18 months now , so I am happy now my friend ;D
Glad to hear that you're happy with your lot. Been to a few dark places myself (for different reasons). What doesn't kill you makes you stronger (well, mostly :) ).
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Are you on drugs now matt? ???
;D ;D far from it, if only you knew.
I know someone very well who has bi-polar, what I say is the truth.
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
The trouble is that some people can become very divorced from reality on the highs. I know that spending money one hasn't got can be a major symptom of them (I don't mean to the degree that many people do it but something far more excessive). One person in particular who I knew had severe delusions on high phases but I won't write them here as it would break a confidence. I would add that she was far worse when not taking her medication.
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
The trouble is that some people can become very divorced from reality on the highs. I know that spending money one hasn't got can be a major symptom of them (I don't mean to the degree that many people do it but something far more excessive). One person in particular who I knew had severe delusions on high phases but I won't write them here as it would break a confidence. I would add that she was far worse when not taking her medication.
Well 7 yrs ago after my divorce , i sold the house and blew £1000,s in six months !!!! . . . . . . . bur what a good time I had ;D
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Being over 90% domestic, I view having to register for VAT as the death knoll to my business. I don't need to wonder what would happen if I suddenly increased my prices by 17.5%, even if I did explain to every customer that it was the government, not me who would be benefitting, I know - I would lose a huge proportion of my customers.
I can see no advantage in being VAT registered for the smaller businessman and so I have no intention of exceeding the limit - my immediate ambition is to retire, and I will be able to live very comfortably in retirement on an income well below £67,000 per annum
I leave it to you youngsters to continue to pay your exhorbitant taxes, long may you do so, especially if it contributes to my pension ;D
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Being over 90% domestic, I view having to register for VAT as the death knoll to my business. I don't need to wonder what would happen if I suddenly increased my prices by 17.5%, even if I did explain to every customer that it was the government, not me who would be benefitting, I know - I would lose a huge proportion of my customers.
I can see no advantage in being VAT registered for the smaller businessman and so I have no intention of exceeding the limit - my immediate ambition is to retire, and I will be able to live very comfortably in retirement on an income well below £67,000 per annum
I leave it to you youngsters to continue to pay your exhorbitant taxes, long may you do so, especially if it contributes to my pension ;D
Ay up Ian , you could teach these young ens a thing or too about running a business ;D
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Ian is your business seen as a seperate entity to your franchise ?
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
The trouble is that some people can become very divorced from reality on the highs. I know that spending money one hasn't got can be a major symptom of them (I don't mean to the degree that many people do it but something far more excessive). One person in particular who I knew had severe delusions on high phases but I won't write them here as it would break a confidence. I would add that she was far worse when not taking her medication.
Well 7 yrs ago after my divorce , i sold the house and blew £1000,s in six months !!!! . . . . . . . bur what a good time I had ;D
Aha !! But do you remember any of it? :) . Not much point having a good time if you can't remember it. :)
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
The trouble is that some people can become very divorced from reality on the highs. I know that spending money one hasn't got can be a major symptom of them (I don't mean to the degree that many people do it but something far more excessive). One person in particular who I knew had severe delusions on high phases but I won't write them here as it would break a confidence. I would add that she was far worse when not taking her medication.
Well 7 yrs ago after my divorce , i sold the house and blew £1000,s in six months !!!! . . . . . . . bur what a good time I had ;D
Aha !! But do you remember any of it? :) . Not much point having a good time if you can't remember it. :)
LOL
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
The trouble is that some people can become very divorced from reality on the highs. I know that spending money one hasn't got can be a major symptom of them (I don't mean to the degree that many people do it but something far more excessive). One person in particular who I knew had severe delusions on high phases but I won't write them here as it would break a confidence. I would add that she was far worse when not taking her medication.
Well 7 yrs ago after my divorce , i sold the house and blew £1000,s in six months !!!! . . . . . . . bur what a good time I had ;D
6 months I blew 10k when I was 17 in less then three had a great time but oh how I have grown up
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Just to add , that when I am up I am very positive and this has got me a lot of good business , so would I change my condition ? . . . . . . not on your life LOL ;D
Ive heard it said that the highs the individual experiences with bi-polar are what makes the condition bearable, in fact although the lows are dreadfully dreadfully, debilitating and depressingly low the highs are just fabulous, like that of a drug induced ecstacy.
The trouble is that some people can become very divorced from reality on the highs. I know that spending money one hasn't got can be a major symptom of them (I don't mean to the degree that many people do it but something far more excessive). One person in particular who I knew had severe delusions on high phases but I won't write them here as it would break a confidence. I would add that she was far worse when not taking her medication.
Well 7 yrs ago after my divorce , i sold the house and blew £1000,s in six months !!!! . . . . . . . bur what a good time I had ;D
6 months I blew 10k when I was 17 in less then three had a great time but oh how I have grown up
I wouldnt get out of bed to blow less than 30 k Ian ! ;D