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. |
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.
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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.
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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?
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if you dont know then you shouldnt be in business
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its not cheap rovers is it....:lol1:
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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.
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