depressing reading

edders23 · **Posted:** Wed Jan 23, 2013 11:07 pm

well i have finally finished my accounts for 2011/12 always leave it till the last minute but what depressing reading after working for approx 3200 hours during the year I have finished up with the grand total earnings after all costs and vehicle depreciation removed of £12157 thats about £3.80 an hour :roll:

and our customers think we rake it in !!!!

Nidge2 · **Posted:** Wed Jan 23, 2013 11:07 pm

edders23 wrote:

well i have finally finished my accounts for 2011/12 always leave it till the last minute but what depressing reading after working for approx 3200 hours during the year I have finished up with the grand total earnings after all costs and vehicle depreciation removed of £12157 thats about £3.80 an hour :roll:

and our customers think we rake it in !!!!

Don't spend it all at once.

United Taxis 11 · **Posted:** Wed Jan 23, 2013 11:34 pm

thank god i read this need to start geting my stuff sorted out tomorrow :evil:

Gobby · **Posted:** Thu Jan 24, 2013 1:05 am

edders23 wrote:

well i have finally finished my accounts for 2011/12 always leave it till the last minute but what depressing reading after working for approx 3200 hours during the year I have finished up with the grand total earnings after all costs and vehicle depreciation removed of £12157 thats about £3.80 an hour :roll:

and our customers think we rake it in !!!!

If you worked 40 hours a week you could get £5.80 per hour...

grandad · **Joined:** Tue Apr 03, 2007 11:27 pm **Posts:** 19712

Gobby wrote:

edders23 wrote:

well i have finally finished my accounts for 2011/12 always leave it till the last minute but what depressing reading after working for approx 3200 hours during the year I have finished up with the grand total earnings after all costs and vehicle depreciation removed of £12157 thats about £3.80 an hour :roll:

and our customers think we rake it in !!!!

If you worked 40 hours a week you could get £5.80 per hour...

Yes, and you would only be fooling yourself. A taxi firm round here used to tell their drivers to divide their earnings by the minimum wage so that they seemed to be earning more. Mist were working between 60 and 80 hours a week but by calculating this way they seemed to be working between 20 and 30 hours a week.

sasha · **Joined:** Tue Sep 21, 2010 7:35 pm **Posts:** 1855

I've just finished a 6am - 3pm shift.

Grand total of £45. Minus £140 for two tyres, £10 fuel, £20 rent, £7 insurance, £3 screenwash, £5 can of spraypaint, £4 carwash and a couple of quid to get the time on the meter changed.

MINUS £146 for 9 hours work :cry:

Quick break and I'm out again by the looks of it. :sad:

bloodnock · **Joined:** Thu May 03, 2007 8:15 pm **Posts:** 9164

Look on the Bright side, the Tax on the Profits should be Minimal.. :roll:

roythebus · **Joined:** Sat Aug 04, 2012 11:17 pm **Posts:** 2629

Work less hours, earn a bit less, get below the tax threshold and pay no tax and be better off. you know it makes sense.

Don't forget to claim your working tax credits and bring forward last year's losses.

You might find this thread useful in working out your costs: viewtopic.php?f=1&t=21108

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