[Nathanael Jones]

 and defo do not include it in you turnover figures.

Unless you're applying for a mortgage,....

[Tosh]

 and defo do not include it in you turnover figures.

Unless you're applying for a mortgage,....

I'm not sure about now with the credit crunch and the banks not wanting to lend, but we got a mortgage with a big deposit and we didn't have to show any books or prove our turnover at all.

[Tosh]

How much did you spend on fuel?

I'm surprised at how little I have used - so far - with a diesel estate, my total (including private use) was under £700, which I think is very good; though most of my work is very local to me.

Oh, I bet most of you haven't worked it out yet!

I'm just too organised these days.

[Nathanael Jones]

I spent €1900 on Diesel last year

[Klean07]

My total running costs for my van was £3,500 which included deisel, insurance, tax, service, mot and capital outlay.

[Sir Squeaky]

How about listing our running costs or some of them?

Accountancy £675 a year           £0...I do my own
Van (v cheap crap van) £2500 a year       £3500 and it was brand new
Water costs (cheap system) £450 a year minimum     £250
Poles £250 a year      £150 (none at all last year)
Insurance £125 a year       £80
Subby costs never you mind
Tax £4000 last year.       £waaaayyy less!

And I do things cheaply...

How about you lot?

Doesn't sound cheap to me.

[sparklebright]

How about listing our running costs or some of them?

Accountancy £675 a year           £0...I do my own
Van (v cheap crap van) £2500 a year       £3500 and it was brand new
Water costs (cheap system) £450 a year minimum     £250
Poles £250 a year      £150 (none at all last year)
Insurance £125 a year       £80
Subby costs never you mind
Tax £4000 last year.       £waaaayyy less!

And I do things cheaply...

How about you lot?

Doesn't sound cheap to me.

Yeah thanks for that, but I suppose I did ask...Think I might change accountants

But as to van, did you allow for depreciation. If you bought a NEW van last year this year it's worth at least £2000 less I'd imagine...As to the pole, broke it

[Sir Squeaky]

But as to van, did you allow for depreciation. If you bought a NEW van last year this year it's worth at least £2000 less I'd imagine...As to the pole, broke it

No I didn't buy it outright!

£3100 a year payments for van.
£275 insurance
£175 tax.

[Tosh]

Sparkle,

£675 for an accountant sounds extortionate!  Are you a sole trader?

[mikethechamois]

i was wondering where you got a new van £3500

£3500 a year is more like it..................is that a lease van

[NWH]

 and defo do not include it in you turnover figures.

Unless you're applying for a mortgage,....

Turnover figures mean nothing when it comes to mortgages,all they care about is NET PROFIT or what`s left at the end of the month.The turnover they will ignore when it comes to decieding whether your suitable for 1 of there mortgages.

[Sir Squeaky]

i was wondering where you got a new van £3500

£3500 a year is more like it..................is that a lease van

Well it's mine to do what I want with and I'm paying for it, so I no it's not.
Some people might call it leased, but if you lease something you're borrowing something or renting it.
It's mine to keep.

[sparklebright]

But as to van, did you allow for depreciation. If you bought a NEW van last year this year it's worth at least £2000 less I'd imagine...As to the pole, broke it

No I didn't buy it outright!

£3100 a year payments for van.
£275 insurance
£175 tax.

Genuine questions what van have you got?
Have you drilled any holes in it?
Will you have to pay an additional charge for wear and tear when you take it back?
Where from please...
That might work for me, is what I'm thinking...

[Sir Squeaky]

Genuine questions what van have you got?  Renault Trafic dci115
Have you drilled any holes in it?  No!
Will you have to pay an additional charge for wear and tear when you take it back? Can't see why. I can sell it where I want, it doesn't have to be to the people I bought it from.
Where from please... ArrowHire, Cardiff. They're basically a van hire centre, but they get deals on vans for sale too.
That might work for me, is what I'm thinking...

It's also knocked a massive amount off my tax bill.
I'd recommend a company vehicle to anybody.

Who would you rather give your money to? Renault or Mr.Taxman...?

[sparklebright]

Genuine questions what van have you got?  Renault Trafic dci115
Have you drilled any holes in it?  No!
Will you have to pay an additional charge for wear and tear when you take it back? Can't see why. I can sell it where I want, it doesn't have to be to the people I bought it from.
Where from please... ArrowHire, Cardiff. They're basically a van hire centre, but they get deals on vans for sale too.
That might work for me, is what I'm thinking...

It's also knocked a massive amount off my tax bill.
I'd recommend a company vehicle to anybody.

Who would you rather give your money to? Renault or Mr.Taxman...?

Thanks for that, very interesting and might be useful