Gone very quiet
Discussion
Digga said:
Steve H said:
Keep_it_lit said:
Hondashark said:
ashleyman said:
Hitch said:
Those prices are pretty standard now. I can't believe what we pay to put people up these days.
I do like a good hotel and am quite happy to pay for it but some places are £800+ a night and just simply insanely priced, even when you get there all the amenities are inflated also.It feels the same with most 'luxury' stuff though, even trainers are £1000+ when 2 years ago it was £600 which was still high but not super bad. The gap is widening up for sure.
https://youtu.be/J9n0_5p8XKo?si=INclvgFocNQe24D5
Portia5 said:
Do you have any idea how easy it is to make more profit than ever before from
1) let property both residential and commercial (because of massive demand v supply)? or
2) private hire taxis (because massive reduction in staff costs now replaced by technology)? or
3) manufacture of a product with never-reducing demand and zero local competing producers?
Is 3 enough?
O and unless you're going to chuck it, or get content with a reducing profit, you aren't going to have any choice other than asking yourself how you could do better, are you?
Reads like a spam e-mail or a dodgy Facebook post...1) let property both residential and commercial (because of massive demand v supply)? or
2) private hire taxis (because massive reduction in staff costs now replaced by technology)? or
3) manufacture of a product with never-reducing demand and zero local competing producers?
Is 3 enough?
O and unless you're going to chuck it, or get content with a reducing profit, you aren't going to have any choice other than asking yourself how you could do better, are you?
Edited by Portia5 on Sunday 7th April 16:49
monkfish1 said:
Portia5 said:
monkfish1 said:
I can only speak as i find as someone who has run three businesses and sold one over the last 20 years.. Im sure, some sector, somewhere is having an easy time of it. Love to know what that is.
Of course, i could just be s
t at it.
Do you have any idea how easy it is to make more profit than ever before from Of course, i could just be s
t at it.1) let property both residential and commercial (because of massive demand v supply)? or
2) private hire taxis (because massive reduction in staff costs now replaced by technology)? or
3) manufacture of a product with never-reducing demand and zero local competing producers?
Is 3 enough?
Still doesnt change that the tax at the point you choose to exit is now punitive. Which would be the single biggest reason i would never start another business. Because at some point, you will need to exit, for whatever reason.
The messages from government to me have been VERY clear. I have responded accordingly, because, im happy to admit, i cant "win" against the government. You might want to call that defeatist, i call it realisim. The signals from the next government dont look disimilar.
Edited by monkfish1 on Sunday 7th April 16:51
I don’t have a problem with tax on sale price - it is, after all, just income; there’s no reason it should be taxed less than other income.
I'm away for a week on a campsite in West Cornwall. The place is empty considering it is the Easter holiday. We were the only check in today. It's like mid October, not the beginning of the season. Obviously the weather isn't helping.
Cornwall services at Victoria was busy enough around lunchtime when we were passing through.
Cornwall services at Victoria was busy enough around lunchtime when we were passing through.
Forester1965 said:
Lots of schools were off last week and the week before (i.e. Easter in the middle) rather than this week and last week. Might explain it being quieter than you expected (as well as the aquatic nature of the British outdoors right now...).
Last week was the main busy week. This week is much like the week before last. So the Easter hols are 3 weeks rather than 2 manic weeks with everyone off the same time.skwdenyer said:
monkfish1 said:
Portia5 said:
monkfish1 said:
I can only speak as i find as someone who has run three businesses and sold one over the last 20 years.. Im sure, some sector, somewhere is having an easy time of it. Love to know what that is.
Of course, i could just be st at it.
Do you have any idea how easy it is to make more profit than ever before from Of course, i could just be s
t at it.1) let property both residential and commercial (because of massive demand v supply)? or
2) private hire taxis (because massive reduction in staff costs now replaced by technology)? or
3) manufacture of a product with never-reducing demand and zero local competing producers?
Is 3 enough?
Still doesnt change that the tax at the point you choose to exit is now punitive. Which would be the single biggest reason i would never start another business. Because at some point, you will need to exit, for whatever reason.
The messages from government to me have been VERY clear. I have responded accordingly, because, im happy to admit, i cant "win" against the government. You might want to call that defeatist, i call it realisim. The signals from the next government dont look disimilar.
Edited by monkfish1 on Sunday 7th April 16:51
I don’t have a problem with tax on sale price - it is, after all, just income; there’s no reason it should be taxed less than other income.
However, that means there is no reward for taking risk, creating jobs, generating wealth, and therefore plenty of tax. So i will simply be PAYE, and am. There will be no jobs, no other tax payers, no corp tax from the profits. No VAT on the sales. Nothing.
If you cant see the consequences of that for the country, im not sure i can help you?
monkfish1 said:
Thats clearly the government position too these days.
However, that means there is no reward for taking risk, creating jobs, generating wealth, and therefore plenty of tax. So i will simply be PAYE, and am. There will be no jobs, no other tax payers, no corp tax from the profits. No VAT on the sales. Nothing.
If you cant see the consequences of that for the country, im not sure i can help you?
There’s lots of reward - you sell your business and pay tax on the income. If you hadn’t started a business you’d have nothing to sell!However, that means there is no reward for taking risk, creating jobs, generating wealth, and therefore plenty of tax. So i will simply be PAYE, and am. There will be no jobs, no other tax payers, no corp tax from the profits. No VAT on the sales. Nothing.
If you cant see the consequences of that for the country, im not sure i can help you?
skwdenyer said:
monkfish1 said:
Thats clearly the government position too these days.
However, that means there is no reward for taking risk, creating jobs, generating wealth, and therefore plenty of tax. So i will simply be PAYE, and am. There will be no jobs, no other tax payers, no corp tax from the profits. No VAT on the sales. Nothing.
If you cant see the consequences of that for the country, im not sure i can help you?
There’s lots of reward - you sell your business and pay tax on the income. If you hadn’t started a business you’d have nothing to sell!However, that means there is no reward for taking risk, creating jobs, generating wealth, and therefore plenty of tax. So i will simply be PAYE, and am. There will be no jobs, no other tax payers, no corp tax from the profits. No VAT on the sales. Nothing.
If you cant see the consequences of that for the country, im not sure i can help you?
The risk / reward ratio is now skewed to far, in my opinion. And so i will no longer take that risk. That is to the detriment of the government tax take. They were not minimum wage jobs subsidised by government benefits either.
If you believe that me doing a PAYE job is better for the country than a succesful, thriving business, employing people and paying tax etc is better then of course you are entitled to that opinion.
monkfish1 said:
You do know there is no gurantee of success? Thats the risk. Could put in 10 years of effort and get nothing, (indeed i did for one buisness) If selling for a profit was guranteed, sure, id agree with you.
The risk / reward ratio is now skewed to far, in my opinion. And so i will no longer take that risk. That is to the detriment of the government tax take. They were not minimum wage jobs subsidised by government benefits either.
If you believe that me doing a PAYE job is better for the country than a succesful, thriving business, employing people and paying tax etc is better then of course you are entitled to that opinion.
You're right. Too few people understand, as they don't bear the scars of running their own business. The risk / reward ratio is now skewed to far, in my opinion. And so i will no longer take that risk. That is to the detriment of the government tax take. They were not minimum wage jobs subsidised by government benefits either.
If you believe that me doing a PAYE job is better for the country than a succesful, thriving business, employing people and paying tax etc is better then of course you are entitled to that opinion.
monkfish1 said:
If you believe that me doing a PAYE job is better for the country than a successful, thriving business, employing people and paying tax etc is better then of course you are entitled to that opinion.
Assuming your departure left a vacuum in whatever area you were successfully operating, how long do you think it took for that vacuum to be filled and your tax contributions to be replaced (possibly exceeded) by someone else's? (plus some tax on any profit you made if you sold it and of course some PAYE from your new job too)
Edited by Portia5 on Tuesday 9th April 00:51
EddieSteadyGo said:
monkfish1 said:
You do know there is no gurantee of success? Thats the risk. Could put in 10 years of effort and get nothing, (indeed i did for one buisness) If selling for a profit was guranteed, sure, id agree with you.
The risk / reward ratio is now skewed to far, in my opinion. And so i will no longer take that risk. That is to the detriment of the government tax take. They were not minimum wage jobs subsidised by government benefits either.
If you believe that me doing a PAYE job is better for the country than a succesful, thriving business, employing people and paying tax etc is better then of course you are entitled to that opinion.
You're right. Too few people understand, as they don't bear the scars of running their own business. The risk / reward ratio is now skewed to far, in my opinion. And so i will no longer take that risk. That is to the detriment of the government tax take. They were not minimum wage jobs subsidised by government benefits either.
If you believe that me doing a PAYE job is better for the country than a succesful, thriving business, employing people and paying tax etc is better then of course you are entitled to that opinion.
Before people start thinking about arty farty, epeh,eral types of business, no, on PH, this includes our trusted brigade of independent service and repair specialists.
Puzzles said:
Oh and let’s not forget the 13.8% employers NI punishment for employing someone..
That one always blows my mind. As an employer, you are taxed for employing someone who will pay income tax and their own NI and then spend that money on taxable products and services. Insane.Frimley111R said:
That one always blows my mind. As an employer, you are taxed for employing someone who will pay income tax and their own NI and then spend that money on taxable products and services. Insane.
Just the same as business rates, spend money to improve your property to increase productivity and sales therefore increase general tax take, then pay even more in rates.Ean218 said:
Frimley111R said:
That one always blows my mind. As an employer, you are taxed for employing someone who will pay income tax and their own NI and then spend that money on taxable products and services. Insane.
Just the same as business rates, spend money to improve your property to increase productivity and sales therefore increase general tax take, then pay even more in rates.king roads to/from it are potholed and flooded. 
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