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being self employed

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ProfilePosted byOptionsPost Date

...Julie...

...Julie... Report 9 Dec 2007 15:17

what do you all think OH wants to start up self employed as a plumber leaveing a good wage behind as he thinks can earn more as plumber any advice

Whirley

Whirley Report 9 Dec 2007 15:29

I would say go for it, there is a shortage of plumbers.

Mauatthecoast

Mauatthecoast Report 9 Dec 2007 15:29


Hi Julie

If you live in London area I would say go for it. Evidently they are crying out for time-served plumbers there.

Mau

Researching:
In my own little world where everybody knows me... ..... best thing about happy memories is making them....

Whirley

Whirley Report 9 Dec 2007 15:30

It is hard leaving a good wage and then going on your own, I did it...but as a plumber, he will do well I am sure as there is a def shortage...

The only downfall being SE is, you dont earn when on holiday/time off etc, no sick pay.....etc etc....but you can earn well

...Julie...

...Julie... Report 9 Dec 2007 15:34

he has been on about it for years now we about 20 miles from London I worry about a regular wage coming in but he keeps saying he knows he can do it...

...Julie...

...Julie... Report 9 Dec 2007 15:38

thanks all sounds ok now wheres that plunger...lol will definately think about it now

Whirley

Whirley Report 9 Dec 2007 15:40

CB is right, you can claim for so much...but make sure you are a Limited Co:)....

always do your own tax returns, as CB has said, an acct will charge a fortune.

keep receipts for EVERYTHING, petrol, tools the lot....

Whirley

Whirley Report 9 Dec 2007 15:41

Oh, and always keep 2 lots of books....lol

...Julie...

...Julie... Report 9 Dec 2007 15:45

thanks I can do the books use to run a childcare group you all sound like OH might have to start listening to him now!

Newby Kim

Newby Kim Report 9 Dec 2007 15:57

Hi ya Julie , stupid question but is your Husband already qualified as a plumber ?
(Told ya it was daft !)
Kim xx

RStar

RStar Report 9 Dec 2007 15:57

As Whirley said, theres a shortage of plumbers and it is good money too. He needs to think about tax, tools, and if he'll have a partner. An accontant to help with the books would be ideal - unless he knows what hes doing of course.

Whirley

Whirley Report 9 Dec 2007 16:01

the only thing with a limited co, is if anything, God forbid went pair shaped financially, they cant take your house off you or personal belongings....unless you used it as collateral.

Go for it I say....

xx

...Julie...

...Julie... Report 9 Dec 2007 20:09

thank you everyone OH is a qualified plumber but works in engineering he has all the tools its just me who was worried about losing regular income, thanks Hoff for pm ....anyone need a plumber!!!