should bike shops continue selling bikes?

[d8mok]

Yes I’m aware of all the workings.

But my point was that the employee is the one who has the deduction of 20% tax and their NI assuming they are above the thresholds. So this doesn’t affect the business apart from being the one to actually administer it if PAYE.

The Vat can be offset as you say. Remember it’s not you paying it , you simply collect it on behalf from the customer

So it’s really only the NI increase that’s new.

Oh and don’t forget the corporation is now 25% ….. and dividends allowance is evaporating…..

What’s the hourly charge out rate now for a bike shop?

 

[bikeworkshop]

If I get to pay corporation tax,
I'm laughing

Realistically you can describe the raising of revenue by the state in a variety of ways, but basically, all our income comes out of customer's pockets, at our request.

Over the year, the business pays almost a third of that money to hmrc.
(I can pull up payments to hmrc from the bank account, and compare to overall income)

Components cost 2/3 of retail ex vat.

So we get to keep the rest

 

[paton]

Some shops have character that you just cannot put a price on......

Meharg's Garage in Ballyboley, outside Ballyclare.

 

[Mkane]

There was a shop somewhat like the one above next to a bakery in Occidental. CA. Owned buy a couple of spoon boys and very clicky. This was in the mid-90’s.

Thed did sponser a yearly race on mommas property

 

[BerthaPog]

Some shops have character that you just cannot put a price on......

Meharg's Garage in Ballyboley, outside Ballyclare.

It would appear that the customers did not agree.

 

[dablk]

Stiff have announced they are done in september

After an incredible journey, we’ll be bowing out this September.

It’s been an amazing ride — from our very own Aladdin's cave in Headingley, to the Covid boom, wild staff nights out, and everything in between. We’ve had the honour of supporting riders of every level, from local legends to household names, and even making our own bike along the way.

Opening our Bristol store was a huge milestone, powered by our DIY, can-do attitude and a passion for creating something truly special. At the heart of it all has been our cherished customer base — the lifeblood of everything we’ve built.

This business was never just about selling bikes. It was built on trusted relationships, honest advice, and top-tier customer service. We partnered only with brands we love and use ourselves, and that authenticity carried us far.

As we prepare to close our doors, we’re inviting you to help us clear the decks. There’ll be some amazing bargains to be had — a final celebration of the community that’s made this possible.

While we may be closing the shop, your support won’t stop. Warranty support will continue via our friends at Jungle, who will retain our systems records and even take on some of our fantastic staff.

From the bottom of our hearts, thank you — to every one of our loyal customers, and to every staff member who has made this place what it is. We couldn't of done it without you. It’s never been just a job or just a business. It’s been a family.

With gratitude and pride, I've had the time of my life,