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Cliff perkins

  • Posts: 1257
Re: How much do you earn
« Reply #40 on: March 03, 2012, 08:54:01 am »
Thanks for all the constructive remarks.
Daz as always realistic remarks thankyou.
Will review website over next week and amend.
Will try and do a leaflet drop on a larger scale .
Regards
Cliff
Www.1stglasswindowcleaning.co.uk

Cliff perkins

  • Posts: 1257
Re: How much do you earn
« Reply #41 on: March 03, 2012, 08:55:38 am »
Www.1stglasswindowcleaning.co.uk

Cliff perkins

  • Posts: 1257
Re: How much do you earn
« Reply #42 on: March 03, 2012, 09:01:31 am »
beware of moles
What mole ?
If you mean the taxman im completely above board and put all my work through my books.im completely honest and run my company where i dont have to worry about a tax bill as i put 30% away each month.i think if your going to suceed you have to be honest and true to yourself.
Regards
Www.1stglasswindowcleaning.co.uk

Lee GLS

  • Posts: 3844
Re: How much do you earn
« Reply #43 on: March 03, 2012, 12:55:23 pm »
If you are putting 30% aside this will give you plenty when your tax bill comes, but this could be a reason why you feel that you aren't earning enough, I would have though 20% would be enough for the level of earning that you are making at the moment.

Re: How much do you earn
« Reply #44 on: March 03, 2012, 01:01:00 pm »
I work on the principle of paying myself aprox 50% of my turnover. The other 50%  is banked for tax and business expenses.

AJ

  • Posts: 1262
Re: How much do you earn
« Reply #45 on: March 05, 2012, 11:13:58 am »
As a ball park, about 60% of your turn over before tax.
I.e 20 houses a day at £10, you take £120 before tax. This obviously depends on how tight your round is etc etc

Re: How much do you earn
« Reply #46 on: March 05, 2012, 01:20:58 pm »
sounds like your putting more than enough away mate, but better that than not enough. if your new to windows in past year, you've done really well, it takes time to get the right mindset and technique up.

I drive a couple of days a week, it sounds like you were on very good money trucking, don't forget your prob working a lot less hours now, on 3am starts, breaking the law for your boss, working your backside off for somebody else's benefit. don't forget your 'profit' always looks worse due to expenses, expenses which you wouldn't be able to claim as a PAYE. stick with it mate, as said fact your in profit in first year is big thing in business these days. this year sure you will start to see the benefits.

oh, and as been mentioned, try to get tax return in early (get a good accountant if not got one already,) so you know where stand with payment on account. might have nice windfall there. and accountant can project next year's figures so you won't get caught out.