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That makes sense.
I'm reading a bit about losses and its saying I could claim for losses going back to 2016/17 but I think I'd have had to have done a return for the years the losses occurred and there's something about only claiming for the loss if it was more than your income? Selling myself the tools seems a better way to about it.
Wonder if I can lend them to myself this year since I'll likely be making a loss again anyway and then sell them to myself next year as it may be more useful to offset income then...?
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That was how I thought it worked. It's a lot clearer on that link you sent, cheers.
I presume there's a way for me to carry the losses I made last year (buying things like a frame jig) into this year when I do this years return. Hopefully that'll become clear once I start doing it.
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I want to register as self employed and declare what I'm making from framebuilding etc.
The Gov website says
"You need to set up as a sole trader if any of the following apply:
you earned more than £1,000 from self-employment between 6 April 2019 and 5 April 2020"
Emphasis is mine because this is the bit I'm not sure about.
Do they mean profit or turnover? Tax year 2019/20 is a moot point as I had less than £1k come in but this year I will go over that £1k threshold for money coming in but my outgoings will still be more than my income so the way I interpret it, I'll not have earned anything.
Am I looking at that the wrong way?
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I’ve run a 2.2” tyre on a rim that’s 38mm external (so must be 34-36mm internal) and has no issues.
I did worry that the sidewalk might be more vulnerable being that it doesn’t pull in to a narrow rim but it never actually seemed to be an issue and that was with a Conti RaceKing so quite a lightweight tyre.
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I’ve sold a few bikes through eBay, and bought a couple too and never gone through official channels for payment.
Always just done cash in hand.
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Are we talking about spot welding a tab on and using a slide hammer to pull the dent out?
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Decent steel > cheap ti
I think Tester once said something along the lines of, in the context of cycling, the benefits of titatnium are far outweighed by the drawbacks of the material.
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I'd probably say give them an ultimatum then send a request to cancel the sale. The buyer needs to respond to that but if you do that then open a dispute through ebay if you can, I think you are saying non-collection is not grounds for opening a dispute, at that point I'd ring them. I've had some issues and ended up ringing them and they are usually pretty decent and apply common sense to the situation.
They are trauma shears aren’t they? Probably wouldn’t have been too far off doing the job.