How much would you charge for a self-employed driver doing 8x4 hooklift work? No experience on hooklifts as yet but will be trained up, been driving 8 years.
Hourly rate will need to be +VAT please.
Thanks.
How much would you charge for a self-employed driver doing 8x4 hooklift work? No experience on hooklifts as yet but will be trained up, been driving 8 years.
Hourly rate will need to be +VAT please.
Thanks.
The important question is how much is needed to cover your costs, theres not much piont saying charge X if you need Y.
Its really a question that cant be answered if you know what i mean.
Sorry, not trying to be obstructive.
Madguy
How much do they pay?
Thats probably the right answer.
hammer:
How much would you charge for a self-employed driver doing 8x4 hooklift work? No experience on hooklifts as yet but will be trained up, been driving 8 years.Hourly rate will need to be +VAT please.
Thanks.
If you are working freelance then I would say between £12 and £15 an hour, although I can’t see why you would need to be registered for VAT as the VAT threshold is £77,000 per annum and you won’t go anywhere near that unless you have your own vehicle.
Harry Monk:
hammer:
How much would you charge for a self-employed driver doing 8x4 hooklift work? No experience on hooklifts as yet but will be trained up, been driving 8 years.Hourly rate will need to be +VAT please.
Thanks.
If you are working freelance then I would say between £12 and £15 an hour, although I can’t see why you would need to be registered for VAT as the VAT threshold is £77,000 per annum and you won’t go anywhere near that unless you have your own vehicle.
Unless you had your own vehicle until very (very ) recently and need to remain VAT registered until you know exactly what the future holds…
To all who’ve replied so far, thank you.
I should have put that this is not a big firm (3 trucks) and I am related to the boss. I know he hires himself out at £12/hr but as he would be sorting the work, he’s gonna make something on it & I don’t want to offend him & appreciate he’s giving me an opportunity to learn something new.
I’m in a pretty low wage area and his drivers take home approx £375/week if thats any help. I was thinking £10/hr, its long time since I’ve looked for a job!
Any more views would be appreciated!
I’ve heard £100 a day being asked for and paid here - on tippers though. Some long, some short days so it will even out. I guess that roughly equates to your £10 an hour…
hammer:
Unless you had your own vehicle until very (very) recently and need to remain VAT registered until you know exactly what the future holds…
Being VAT registered is going to put you at a huge disadvantage since you are going to have to charge 20% more than the next man, with the company employing you having no way to re-coup this. If you are only going to supply labour then you really need to de-register for VAT.
If you can earn a wage of £10 an hour then I would say that was pretty good in the current climate, although I would start at £15 an hour and be prepared to be negotiated down to £12.
At the end of the day, only you have the inside track on this deal so you have to do what you consider best.
Beware of the rules for self employment. Even if you are self employed and only working for one customer, working on a hourly or daily or weekly rate of pay, you will have to pay PAYE. Yes it is possible to be self employed whilst being employed and paying PAYE. Being self employed means taking the financial risk, ie giving a price for the job regardless of the time it takes to do the job. So lets say you give the haulage contractor a price to take his lorry to London and back, then that is self employed and you are then required to pay your own tax etc. But if you undertake the work on an hourly rate, your employer has to take your tax and national insurance etc.
Sorry I forgot to add to my post, that you will not make a living self employed charging less than £20 per hour.
Harry Monk:
Being VAT registered is going to put you at a huge disadvantage since you are going to have to charge 20% more than the next man, with the company employing you having no way to re-coup this. If you are only going to supply labour then you really need to de-register for VAT.
This is not correct, infact its misleading. Scenario, guy A charges £10 per hour (no VAT), then thats the cost. Guy B charges £10 pr hour plus VAT then thats the cost too. The only difference will be the employers VAT liabilities, which will be less if he has to pay VAT on any services.
Do your home work, you’re a up and coming businessman for christs sake, and a bit of a smart arse who’s turning out to be a bit clueless.
If it’s any help my firm pays 120 a day paye on roll ons
Have you finished with your own truck then Hammer?
If its pretty regular work I think go with £10 per hour,but get a bit of a minimum day say 10 hrs so that you dont end up with just 3 hours.
Mark
£250 per day.
pursy:
Have you finished with your own truck then Hammer?
If its pretty regular work I think go with £10 per hour,but get a bit of a minimum day say 10 hrs so that you dont end up with just 3 hours.
Mark
Yeah I’ve finished, lots of changes coming my way soon. Now seemed a good time to get out, truck would have needed a couple of tyres in the next couple of months and insurance was due. Lorry was a good un but you can’t run 2/3 days per week on those rates. If the truck struggles to earn £200 a day and you put half of it straight back in the tank then it gets to the stage of “whats the point?” . I waited for the job to come better & it just hasn’t. For everyone in the tipper game, I hope it comes good soon.
I saw the article on you in Trucking, it was very good. The Pete’ looked bloody well, a real credit to you. I particularly liked the montage of trucks that you’ve run over the years, I’d much rather look at pictures like that than someone’s attempt to fit 6 light bars on the front of an airbrushed tractor unit! Hope work is picking up, I’ll still be sticking my oar in now and again on here!
Harry Monk:
Being VAT registered is going to put you at a huge disadvantage since you are going to have to charge 20% more than the next man, with the company employing you having no way to re-coup this. If you are only going to supply labour then you really need to de-register for VAT.
It makes no difference if all your customers are VAT registered too (which if they’re in the haulage game then they will be) as any VAT you charge they will simply be able to claim straight back.
Paul
Business generally look at prices ex vat
Thanks for that Hammer. I had a quote on a new Renault 8w and am quiet keen to sort of keep up to date but there too much insecurity at the moment. At least they gave me some free tickets to the truck racing today,I think that those Renault girls could have persuaded me to sign the order though LOL.
Best of luck in your new venture and keep posting on here.
Mark
Self Employed or Ltd Co VAT Registered isn’t a disadvantage - most businesses & agency will automatically assume you are VAT registered, they will happily pay the VAT as they can claim it back against their own VAT bill. If you then register on the flat rate VAT scheme with HMRC you will make & keep extra.
Why state an hourly rate… why not agree a £■■ Rate per Shift, minimum of 8 hours, extra hours over that then charged at £■■ per hour. Otherwise you could end up only doing a few hours a day so earning very little.
HMRC may query if you are self employed and only work for one company (IR35 Disguised Employment) - note - they MAY query it… but they are only interested in big earners, so chances are they will leave you alone. You may do work for others, you never know.