How Section 75 is Punishing Good Employers at Plumbing Pensions

Fiona Hodgson on How Section 75 is Punishing Good Employers at Plumbing Pensions

How Section 75 is Punishing Good Employers at Plumbing Pensions By Fiona Hodgson
 
The road to hell is paved with good intentions which, in the case of the current situation with the Plumbing Pensions Scheme, is having a devastating impact on our industry and many of the people within it across the UK.
 
The Plumbing & Mechanical Services (UK) Industry Pension Scheme, to give it its full name, was set up in 1975 – decades before there was any legal requirement for employers to help provide for staff in their retirement. Those who joined it – many of them small firms – were doing the right thing, but now those good deeds are being harshly punished.
 

World Plumbing Day 2020

World Plumbing Day 2020 logo

On Wednesday 11 March, professional plumbers across the land will be celebrated on World Plumbing Day. Initiated by the World Plumbing Council (WPC) - of which the Chartered Institute of Plumbing and Heating Engineering (CIPHE) is a member - World Plumbing Day promotes awareness of the importance of plumbing and plumbers in protecting public health and improving amenity. Advances in modern plumbing mean that it is included in the daily routines of most people in the UK, with barely a moment’s thought. It is trained and skilled plumbers that make this so now and will be needed to do so in the future too.

How to use marketing to grow your business

Steve Lister on How to use marketing to grow your business

Steve Lister, Sales & Marketing Director at Worcester Bosch gives his top tips on how self-employed plumbers can stand out from their local competition
I often get asked; why is marketing so important? From national companies, like Worcester Bosch, to local installers, marketing is essential to stand out from your competition regardless of your company’s size. As much as it pains me to say, boilers are typically a low interest category, (apart from our design-led Lifestyle range of course!) and something some consumers may only buy once in their lifetime. So, when they do have a need, how can they find you? 

Earnings Fall For Self-Employed Plumbers In December

Ian Anfield tells Plumbing Trade Magazine about Earnings Fall For Self-Employed Plumbers In December

Earnings for self-employed plumbers fell by 22.4 per cent in December, according to the latest figures released by Hudson Contract.
 
Analysis of December payroll data for more than 2,200 construction companies in England and Wales reveals a weekly average of £904 during December, consistent with time taken off work to spend time with families over the festive period.
 
Between January and November last year, earnings for freelance plumbers rose from £1,054 to £1,166, representing growth of 10.6 per cent.
 
Ian Anfield, managing director of Hudson Contract, said: “The very strong growth in weekly earnings over the year shows the financial rewards available for skilled freelancers.
 

Four things plumbers need to know about Making Tax Digital

Damon Henderson on making tax digital

Words by Damon Anderson, director of operations, Xero UK
 
Making Tax Digital is a compulsory HMRC initiative designed to make the UK tax system more efficient and effective for individuals and businesses. Having come into play in April 2019, this new legislation means that businesses over the £85k VAT threshold must now use a digital system to complete their tax returns.
 
Whilst this legislation came into effect last year, for many business owners there is still some confusion over how the system works. For plumbers who are unsure of what this change means for them, here are four key things to know about Making Tax Digital.
 
1. Why do I need Making Tax Digital compatible software?

Bell Plumbing Supplies signs exclusive UK distribution deal with Unico Systems

Bell Plumbing Supplies deal with Unico Systems

Bell Plumbing Supplies has been chosen as the exclusive UK distributor and training provider for US-based Unico Systems.

The Missouri manufacturer of small duct heating, cooling and ventilation systems is looking to fulfil increasing demand for domestic air conditioning across Britain.

The Unico System, which is installed in half a million homes and small businesses throughout the US, provides the option of both heating and cooling when matched with a suitable air source heat pump. The system is also compatible with existing boiler and underfloor heating systems.

City Plumbing / PTS opens its latest branch in Filton, Bristol

City Plumbing staff outside their latest branch in Filton

City Plumbing / PTS has unveiled its 368th branch at the new Taurus Road location, Bristol. The new CPS branch, located in Filton has created 3 new jobs in the local area and includes a new concept Bathroom Showroom, City Heating Spares and expansive Electrical department.
The branch will be managed by Gary McQuaid with a 5 strong team including dedicated Bathroom Showroom and Electrical employees. The new Bathroom Showroom concept is designed to encourage the trade to bring their customers to the showroom so they can choose for themselves from the extensive range of quality bathroom suites and accessories on offer.

The perils of calculating VAT for self-employed plumbing professionals 

Tamara talks to us about The perils of calculating VAT for self-employed plumbing professionals 

Article By Tamara Habberley, Senior VAT Consultant, The VAT People

Small business owners and self-employed individuals very often struggle to understand the complexities of VAT - and for good reason. Even the basic rules can seem like a minefield to those who are not well-informed about this complex area. While even the basics can be confusing, there are also complex additional rules that must be adhered to - otherwise, you may be at risk of flouting VAT regulations and therefore incurring penalties.