trade vet

We have a vacant prime pitch in Newcastle.....and I mean prime !

A Grade 2 up north can be a Grade 5 down south.When I went to Paddock Wood,I thought the stuff was mostly mint.Enfield was different,a lot of dodgy stuff and dodgy traders,unless it has changed......I think you would get’ trotted ‘ at Preston anyway,be carefull.

A few years ago the premium on white was a grand.It changes,I can remember when Dog C red stuff was at a premium.

As this is a momentis event AD,I think you now have to talk us through the deal Match of the Day style ‘you know what I mean Harry’ etc.....there must have been incentives,promises or a dodgy swapper,you must have gone off script/message etc.to down it.The daft thing is there are some pitches that are dedicated to selling fully splashed pink stuff .

I can see why you are doing a few,website,prep,presentation,videos and voice overs,photos,descriptions and general attention to detail etc very impressive......As long as you don’t get an intellectual property rights legal claim from AD,you should do well.

Excluded on grounds of age..........thank you Justin,I will look into that.

I agree with Tom,get a copy of the invoice.Then ring the garage,find out where they got the battery and what their Labour rate is.If the claim is fraudulent or it appears there has been collusion with the garage,refuse to pay.

I agree,they don’t believe you when you explain that most dealerships carry a load of debt and net 1p in the £ and that is considered acceptable.

Justin....that sounds rediculous,I wonder how that works when calculating your year end results.I can now understand why my accountant was suggesting I should think about packing in altogether !

Hi Justin....All very confusing for the old school who just send all their invoices and bank statements to their accountant every 3 months.You appear very switched on with MTD,I thought there would be more debate on this.

As I understand it,MTD applies to anyone who pays VAT,that is probably most of us on the forum.

I hope you are right.

Marsh Holdings.....Had a look at their figures.You can’t blame them putting some spin on their results.The directors who don’t earn that much appear to be on a treadmill ,£30m sales,£40k net profit,huge staff wage bill and £5m creditors.They are in Devon,maybe they should consult AD,he could glance at their pitches in a single day and tell them how to improve sales.Some of these franchised dealers with their talk of social media traffic ,website hits etc forget about their forecourts which are their shopwindows and they subsequently miss out on loads of passing trade.....Could they be one of them.

If it is the same department that advised on Grenfell,I hope he gets it through before they get locked up.

I agree,also it appears it’s not cost effective for HMRC to chase these guys unless they have visible assets.I would imagine with MTD a lot of people will deregister from VAT and just carry on and be better off.

I would say incompetent,he was not a young man,part time,very part time but VAT regd buying and selling one sometimes two cheapies per week through the auction and earning little,just getting by.It was not fair and this guys heath later suffered.

You probably know more than me.

True story....I know a part time inexperienced dealer who wishes he had been a Ltd co,he was a soft target.This guy did not record a deal properly in his stock book.( one deal)He had bought and sold the car at the same auction.It appeared to me that having established he was financially comfortable,living by himself and owning his house,HMRC then took the view that he must have done this many times ( which he definateley had not ).So what happened,he was assessed for a lot of money and had to remortgage.That could not have happened if he was a Ltd company.......So self employed guys making digital imputting mistakes with MTD .....Good Luck.

Hi Gazz I appear to have beat you to it on this topic.I don’t think many people understand the implications.

AD as I understand,MTD applies to everyone.As regards incorporating or remaining self employed,with this MTD stuff I think having limited liability is worth considering more than ever for anyone running a proper business.

My accountant just explained the implications of the imminent MTD ....Making Tax Digital which I do not yet fully understand.It appears everyone is going to need the correct softwhere to comply and to daily download their income and expenditure into the HMRC cloud so it is easier for them to keep an eye on you ( I think ). It appears to me to be a bit like providing your annual accounts every 3 months plus a lot more.For thousands who are digitally challenged/illiterate ( like me ) it will be extra work at extra cost for no return.Does anyone else have any comments ( other than pack in all together).......Boring topic for most of you.

I agree,traders have a ‘duty of care’.However in BHM case,Trading Standards or whoever was prosecuting may have remote chance of winning so on financial grounds it is doubtful they would bring a case.

Good Luck Kenny Nice site,unless you have millions to invest in marketing,are you not better off keeping it local or specialised.I was just looking at Carwow results for instance,who are now getting awards for their apparent success.Last set of results show they lost £6m.Meanwhile AT are now valued at £4 billion and getting stronger.

AD...don’t get concerned about other traders making negative comments about your business model.Most of us could not replicate what you do......which clearly works.

I am not sure about that,the likes of Lloyd’s Autolease must have several hundred thousand on lease and they have to protect their residual values.Diesels may not be popular in the Home Counties but that is not the case elsewhere.