Nice people thread part 3- Nice as pie

PasturesNew

silvercar wrote: »

Don't think you are missing out, its only something like £3 a week allowed as expenses. So even a 50% tax payer is only saving £1.50 a week.

I'm sure it works to the 'advantage' of renters with over-sized houses as they can dedicate 1-2 rooms to their business without fear of CGT.

What the proper calculation is, is along the lines of:
What percentage of the house is used? (e.g. 10% of floorspace)
How many hours is it used for that? (e.g. 3 hours/day, 7 days/week = 21/168 hours, which is 12.5% of the time)
Leccy bill = £50/month

Claim leccy against tax =
£50 x 10% x 12.5% = £0.62/month



Now, if you've got a 4 bed house at £1200/month, then you say you use 25% of the house for the business as dedicated space .... quids in!!

John_Pierpoint

The 3 quid a week is for wage slaves: those servants whose master should provide what they need to do their job.

As her own mistress PN can charge against her profit, what ever she needs wholly and necessarily to make that profit.

PasturesNew

Have any of you ever looked at that "Make £X/day" thread? SRSLY .... they're delusional. Now, if I were to set out to make, say, £10/day for a month it'd be making £10.... and not what counts as "making" on that thread.

For example, they'd count:
- Bought new jumper, used £5 Tesco vouchers. Made £5
- Scraped bottom of handbag for £1 coins, found 4. Made £4
- Bought XYZ Newspaper as I get ABC free, saving me £1. Made £1.
Total today: £10

Then all the smilies of success.

Now .... nobody made £1 there, never mind £10. And yet, month in, month out, they all submit this stuff as "making".

Here it is if you want to see what's what: https://forums.moneysavingexpert.com/discussion/3311184

I could make £30,000/month.
... take £1,000/day out of bank, shove it in my handbag. Announce "cleared handbag of un-needed cash" Made £1,000

Repeat for 30 days and I've made £30k!

There's also a lot of adding in what they already know they've got coming.... and in my books making £10/day means "extra, because I wanted to make this extra bit just because of the £10/day challenge".

PasturesNew

John_Pierpoint wrote: »

As her own mistress PN can charge against her profit, what ever she needs wholly and necessarily to make that profit.

And unfortunately, in lean times, it's the genuine costs that take an "OK" £10-11k/year down to £6-8k. Although things look to be perking up.... might even be on £16k before expenses this year!!

Had a few extra expenses though too...

Davesnave

Nice to see you back here and at the Daydream place too, lir.

My tyres were used for growing veg in, and also for making floors in the goat houses. Now they are piled up in a place we don't see much. If there were just 7, I could take them to the tip. If there were 700, I could probably get someone to remove them for free, but 70 is a tricky amount.

In this place, most fixtures & fittings were secondhand when they installed them, while anything new was badly designed. For example, we have a newish bathroom with a chipped bath and a toilet that throws water on the floor, because the pan doesn't match the cistern.:mad:

We also have a newish corridor, avoiding the living room, which would be quite a practical feature, but it is so narrow that one may stand there, hands on hips, and bang both elbows on the walls! Indeed, getting out of this house seems to have been a preoccupation, because there are 7 exits. Perhaps one of the previous owners was trapped in a fire?

We either need to spend a sizeable amount to completely re-work this house, or about half that to replace unsatisfactory things and make cosmetic adjustments. I know what I'd do, but my DW has other ideas. Phrases like 'sow's ear' come to mind.

misskool

I dislike being awake at stupid o'clock.

vivatifosi

vivatifosi wrote: »

You know earlier today we were talking about deSmithing the house? Five years on and we've got another one. I could smell burning this evening. Turns out the storage heater in the lounge has switched itself on (its cold enough to trigger the thermostat). This is with the switch off at the wall. They've put a switch on the wall, rewired the heater and I can switch the damn thing on and off and it doesn't make a blind bit of difference, the wiring for the heater must bypass it and they've channelled it in the wall and plastered over the top. FFing bodgers! All this time we've been using a switch that is purely for decoration. Thankfully we can isolate using our master fuse box but thank goodness we're home to notice. Builder peeps - any idea what we need to do, other than swearing a lot?

Sorry, I was really tired last night. Can now think rationally. The house is safe because the heater is turned off and my BiL is an electrician. He will look at switch and tell us what to do.

vivatifosi

PasturesNew wrote: »

My last house had been owned by Mr Bodgitt. I didn't stand a chance in trying to de-Bodgitt.... what I did do though, I did correctly and with the best workmen available. I was more interested in getting the structure of the house safe/correct than worrying about living somewhere nice.... it'd have been somewhere nice if only I'd ever managed to get to that bit.

You do see some peculiar goings on when you buy an older house.

One day the neighbours said to me "You're having a lot of work done". I said "it's a piggin' mess". They said "Oh - thought it was a palace, he was ALWAYS working on it/doing something" (he'd been there 20 years). I said "I know, I'm having to unravel his deathtraps".

Oh Pastures, I so know how you feel. We are always unravelling deathtraps, which may be why I was stressing so much over the heater. The thing is, this house was built in the 1990s. It had an NHBC warranty on it, but I still had unqualified people "improving it" in blatantly dangerous ways. Like installing unshielded plug sockets (basically a six gang extension) under the kitchen sink with double sided tape while knowing the sink leaked. I couldn't work out why I'd been left a manky plastic washing up bowl. Oh how I laughed while washing up with hands in sink (sans bowl) and finding feet in water on the floor shortly before the electrics to the whole house tripped. That was on my second day here. I still find things like that which is why the bloomin awful orange carpet hasn't gone yet. I sued the surveyor and won. That tells you how bad it is!

lostinrates

misskool wrote: »

I dislike being awake at stupid o'clock.

I like stupid oclock, especially at this time a year and presuming its after five. I get most of my day done before some people are out of bed. Its beautiful here this morning, I bet is was nice at 6:12 ofer in the SE too.

misskool

lostinrates wrote: »

I like stupid oclock, especially at this time a year and presuming its after five. I get most of my day done before some people are out of bed. Its beautiful here this morning, I bet is was nice at 6:12 ofer in the SE too.

I'm not a naturally morning person which is why I jump for joy at lighter evenings....

Had to get up super early today to be in London to teach at a school. I will love it when I get there but right now,there isn't enough makeup and caffeine to make the world right