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Van

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Comments

  • arcon5
    arcon5 Posts: 14,099 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    sheramber wrote: »
    Will you be self employed, therefore responsible for paying your own tax and national insurance out of that 'salary'.

    In fairness under PAYE op would still be paying tax and NI out of 'that salary'
  • arcon5
    arcon5 Posts: 14,099 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    These schemes can work.... if you are running 10-12 hour shifts 5 days per week.

    But you've neglected the fact you are self employed and need to account for:

    holiday pay
    cost of van whilst you are not working

    If you want 4 weeks off per year and have £200 per week = £800.
    Plus £130 lease for those 4 weeks = £520.

    So that's £27.50 per week you need to account for to cover these... otherwise you will be destined to work every week every year until you die or go bust anyway.

    I've not accounted for down time here either.

    Then H&R insurance can easily be £50 per week.

    Don't want to put a downer on it, but you've jumped on the defensive here so can't see you taking on baord the realities of these "jobs".

    You need to write down ALL costs.
    Roughly how many parcels you will deliver (bearing in mind these companies exagerate your potential and of course traffic conditions in your locality then there is the houses hard to find or in the middle of nowhere consuming a significant portion of the shift).
  • dannyrst
    dannyrst Posts: 1,519 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I heard NASA are recruiting Astronauts, could apply for that?

    BTW, they supply the transport.
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