ScoobyNet.com - Subaru Enthusiast Forum

ScoobyNet.com - Subaru Enthusiast Forum (https://www.scoobynet.com/)
-   Non Scooby Related (https://www.scoobynet.com/non-scooby-related-4/)
-   -   Is £55K after tax and everything a good return on £200K (https://www.scoobynet.com/non-scooby-related-4/419248-is-55k-after-tax-and-everything-a-good-return-on-200k.html)

Stueyb 13 April 2005 08:40 PM

Is £55K after tax and everything a good return on £200K
 
As per title really,

Just been doing my sums and by god the government give small biz owners a kicking in terms of tax.

So after all the sums are done, if I sell 20 a week ;) I should end up with 55K after taxes. Does it sound reasonable ? Bit disappointed actually, had higher hopes but 55K aint to be sniffed at for 2 hours a day.

Vegescoob 13 April 2005 08:56 PM

Approx £1k a week for 10 hours. £100/hour sounds ok. Please though, go see an accountant to make sure you've worked it all out ok.

Luminous 13 April 2005 08:58 PM

That works out at about £105 per hour. What else are you going to be able to do that will give you that sort of return. I would not be disappointed with that at all, more than most people can earn.

RRH 13 April 2005 10:36 PM

you won't find much returning in excess of 25% after tax that's legal so fair play to you matey. are you going to share the secret?

warrenm2 13 April 2005 11:00 PM

if you dont know then you shouldnt be in business

dpb 13 April 2005 11:04 PM

its not cheap rovers is it....:lol1:

Stueyb 13 April 2005 11:13 PM

rovers, lol you couldnt give em away at the mo, all the rover owners round here are looking glum faced lol. As for what is, well lets just say if I pull if off, there is very little chance of anyone else getting in on the market as the barriers to entry are high as well as having to knowi a few people in the "old boy network" so to speak.


All times are GMT +1. The time now is 05:16 AM.


© 2024 MH Sub I, LLC dba Internet Brands