Window cleaners running costs to keep on the job advice

Discussion in 'Managing Your Business' started by Scottie, Oct 5, 2014.

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  1. Scottie

    Scottie Well-Known Member
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    Hi all,

    I am finally out there this week flyering and door knocking and starting my venture. I just wanted to ask as I am building a spread sheet on running costs and what cost are involved for me to keep the business going form car insurance to equipment re fills.

    If anyone out there can add to my list or advise if I have it all that would be great, thought I would ask here as you guys no it as your living it.
    Thank you in advance, really appriciate your help.

    CAR AND BUSINESS USE INSURANCE

    PUBLIC LIABILITY INSURANCE

    EQUIPMENT REFILLS - LOW COST REALLY LIKE CLOTHS, RUBBERS ETC

    The rest is promotion etc.

    Thanks
     
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  2. andy w

    andy w Well-Known Member
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    Dont forget fuel on your spreadsheet, also any work clothes, i found as i got going i was adding various things, good luck and go for it matey :thumbsup:
     
  3. laddergarder

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    Vehicle Expenditure
    Vehicles
    Insurance
    Mot
    Road Tax
    Repairs
    Cleaning
    Petrol
    Window Cleaning Exp.
    Liability Insurance
    Business Licences
    Business Expenditure
    Mobile Phone
    Stationery
    Ink Cartridges
    Advertising
    Accountancy Fees
    Software
    Website Hosting
    Equipment
    General Equipment
    Soap
    Clothing
    Boots
    Ladders
    Clamps
    Water Fed Pole Exp.
    Purification Equipment
    WFP Equipment
    Resin
    Banking
    Bank Charges
    Int 2 National Insurance
     
  4. TolishAPurd

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    That pretty much covers it.^

    Also, remember to have an exit strategy, i.e. you need some form of pension or investment as you won't be able (or want) to window clean forever.
     
  5. Scottie

    Scottie Well-Known Member
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    TolishAPurd - Yes your so right. I have the legal sides covered got quotes on adding busines ins to car and also got a pli quote too, so already and legal to go. got my domain and thats it really legally, the running costs above, well are stationary and stuff like taxable and will come off my tax bill? Say I spend £200 on equipment today I get the invoice, when it comes to tax and say I earnt £20 for the year i would be taxed 20% of say £10k as its arond 10k threshold now I would take £200 off the amount or is it 20% of the £200 spent? I am confusing myself today somewhat lol. You guys on here are a god send I have had so much great advice and to get it from the people whom are doing what I want to do is great. THANKS
     
  6. laddergarder

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    The current theshold is 10k. In theory it works like this

    sales 20k
    -theshold of 10k

    10k is taxable
    - expenses of say 4k

    6k is taxable at 20%

    You pay £1200

    But it wont work quite like that exactly, not all expenses are allowed, some you will only be allowed a percentage of the expenses. Some expenses you will get that you might not think about for instance part of your electricity bill for your home. If you buy a car it goes into capital gains so you will get a percentage of the expense over the years it will likely last, not the same if you buy a van.

    Also on your first year you pay a part of next years bill which is a pain, but in the second year it wont make a difference.

    An accountant will expain all that better, I am a little fortunate as my wife is one.
     
  7. Scottie

    Scottie Well-Known Member
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    Hi Laddergarder, thank you for that info. I am going to do my own accounts with help of a friend whom is an accountant, just had a word. I no alot of people on othe rplaces I go on say ah the petrol thing is a pain "i dont bother with it, make slife easier ok dont get the releife" Some people are complacent about claim it all as lazy, but I want to get what I can, ok some thigns i wont be assed recording, but I want to claim what I can thats fair.

    Cheers again for the info much help. I do my work on tablet, so wont use much electric, so prob wotn be able to calculate that, but yeah wonders some people put a lunch break down a out flyering canvassing and claim the money on tax, is that allowed? I hear if you do it now and then it is and its only if you abuse things HMRC might ask.

    Admin side is the **** side of things, I think I will take note and keep my records just updated each day.
     
  8. abs

    abs Guru
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    Claiming food as long as I know (please correct me if I'm wrong ) I live in derbyshire so can't claim for any food I buy in my county, however if im working in nottingham and I buy £8.00 dinner that is claimable ? Is that correct
     
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