When lockdown is Finished

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JavaGreen
Coin Op Group Regular
Coin Op Group Regular
Posts: 150
Joined: September 17th, 2018, 9:53 am
Area Covered: Scotland
Machines Used: Sweet Tower Pringles Tomy Gatcha
Referred by?: Online

When lockdown is Finished

Post by JavaGreen »

This whole affair will finish at some point, not sure if we will have to endure. 2nd, 3rd, 4th wave etc or if the virus is here to stay!

Never the less, thinking about when we get back to basics again.....

I wonder what will hit us first...

1.
VAT increase to 25%, that means about another £1 a box per product
2.
Suppliers increase due to excessive costs from respective outlets £1 a box per product
3.
Fuel duty is bound to increase significantly...... yet more outgoings!
4.
All self-employed hit with compulsory NICs/increase’s.
5.
General tax increases, that will reduce profits?
6.
Chancellor has already said he intends to investigate the U.K. Black Market area, effectively tightening up loopholes/earnings.

I guess we will be in a different world in a couple of months....... I have commitments in the world of vending, but guess my turnover will be a lot less.... me thinks the best years have just passed us by?

All said and done..... what are your plans to turn this around?
Ade
Coin Op Group Grand Master
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Posts: 852
Joined: July 6th, 2009, 7:43 pm
Area Covered: east and west midlands
Machines Used: kiddie rides, sweet and toy vend
Referred by?: M.Slater
Location: tamworth & b`ham + surrounding areas

Re: When lockdown is Finished

Post by Ade »

me im now employed and vending is second to that if it survives, will just be pocket money
JavaGreen
Coin Op Group Regular
Coin Op Group Regular
Posts: 150
Joined: September 17th, 2018, 9:53 am
Area Covered: Scotland
Machines Used: Sweet Tower Pringles Tomy Gatcha
Referred by?: Online

Re: When lockdown is Finished

Post by JavaGreen »

You must have a sizeable round as you have been doing this since 2009.... some pocket money!
Ade
Coin Op Group Grand Master
Coin Op Group Grand Master
Posts: 852
Joined: July 6th, 2009, 7:43 pm
Area Covered: east and west midlands
Machines Used: kiddie rides, sweet and toy vend
Referred by?: M.Slater
Location: tamworth & b`ham + surrounding areas

Re: When lockdown is Finished

Post by Ade »

its ok nothing fantastic, sites come and go but tbh think a lot will go after this
PGBrew
Coin Op Group Master
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Posts: 740
Joined: August 10th, 2009, 8:47 am
Area Covered: London & Home Countie
Machines Used: Bulk, Tower, Pringles & various toys
Referred by?: Sarah Hickman
Location: London & Home Counties North of Thames

Re: When lockdown is Finished

Post by PGBrew »

lets wait and see!
Ade
Coin Op Group Grand Master
Coin Op Group Grand Master
Posts: 852
Joined: July 6th, 2009, 7:43 pm
Area Covered: east and west midlands
Machines Used: kiddie rides, sweet and toy vend
Referred by?: M.Slater
Location: tamworth & b`ham + surrounding areas

Re: When lockdown is Finished

Post by Ade »

think that depends on where your at, for me bills got to be paid, ive re evaluated what i do and adapted with the current crisis, if my round survives i will run it as an add on, not a priority income.
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