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Home Owner Supplies A Contract..

 
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Old 05-15-2010, 08:16 PM   #1
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Home Owner Supplies A Contract..


This Ever happen to you guys?? It's actually a good contract, i'm doin T&M repairs and light remodeling, with an estimated ceiling price for labor and materials, which is reflected in contract. The terms and conditions are fair. She is a retired project manager and seems reasonable, no flags so far..
Comments?
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Old 05-15-2010, 08:28 PM   #2
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Re: Home Owner Supplies A Contract..


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Originally Posted by D.Foster View Post
She is a retired project manager
Hi D

I would make sure i have my i's dotted and t's crossed for this one.

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Old 05-15-2010, 08:36 PM   #3
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Re: Home Owner Supplies A Contract..


As long as you're good with it, sign it and do the job.

As with any contract, it's negotiable before you ink your John Hancock to it.
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Old 05-15-2010, 08:45 PM   #4
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Re: Home Owner Supplies A Contract..


hey my name is matt and i have been doing painting contracting for a year under the table and i am now registering my buiness legally , do you know if yo have to charge pst on top of gst , i am from canada so i dont know if this applies to where you are from , thanks matt
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Old 05-15-2010, 08:49 PM   #5
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Re: Home Owner Supplies A Contract..


Quote:
Originally Posted by matthewgow View Post
hey my name is matt and i have been doing painting contracting for a year under the table and i am now registering my buiness legally , do you know if yo have to charge pst on top of gst , i am from canada so i dont know if this applies to where you are from , thanks matt

I dont even get what your asking......
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Old 05-15-2010, 08:51 PM   #6
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Re: Home Owner Supplies A Contract..


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Originally Posted by matthewgow View Post
hey my name is matt and i have been doing painting contracting for a year under the table and i am now registering my buiness legally , do you know if yo have to charge pst on top of gst , i am from canada so i dont know if this applies to where you are from , thanks matt
Not something you really should be hanging out with your laundry.

And it really doesn't help your case here.
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Old 05-15-2010, 08:55 PM   #7
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Re: Home Owner Supplies A Contract..


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I dont even get what your asking......
MNJ if I remember right he is asking about PST which is a Canadian provincial tax I believe and GST which is the national tax and if he should be charging both or one or the other.
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Old 05-15-2010, 08:56 PM   #8
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Re: Home Owner Supplies A Contract..


Quote:
Originally Posted by matthewgow View Post
hey my name is matt and i have been doing painting contracting for a year under the table and i am now registering my buiness legally , do you know if yo have to charge pst on top of gst , i am from canada so i dont know if this applies to where you are from , thanks matt
Hi matthewgow

I am afraid i cannot help you with your question but you could ask a tax accountant or even ring the tax dept, i wouldn't mention the under the table bit though

Also you should start your own thread, people can get a bit narky with thread hijacking

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Old 05-15-2010, 09:04 PM   #9
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Re: Home Owner Supplies A Contract..


Matt, you really ought to introduce yourself, and tell us where you are from. You should also start your own thread directed toward Canadians.
Until July 1, if you are in Toronto or BC, you charge
GST on the entire amount.
After July 1, you charge HST.
All the booklets, pamphlets, procedures, laws, deductions, etc are on line, and you should definitely get a GST number.
I would MOST DEFINITELY hire a bookkeeper,part time, for 1-2 days a month to keep you legal and make all your government remittances, and to take advantage of all your deductions.

As a matter of fact, my wife does that (I'm in Toronto)
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Old 05-15-2010, 10:01 PM   #10
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Re: Home Owner Supplies A Contract..


D. I've never had a customer supply his own contract, but I have had a customer bring his attorney to the signing table. He wanted to red line my contract right there at the table.

I advised them , after the first two red lines (in the first paragraph) that:

"Since we'll be modifying the contract anyway - I will need to add a line item for Time and Expense for my attorney to review your suggested changes. I'm confident that after we go back and forth with changes for 2 - 3 weeks and possibly $1,000 - $2,000 of added expense we can come to an agreement that meets both our needs."

I left the table agreeing to one change to the contract (now a permanent change - they were right - it was unfair), a signed contract and a deposit check for about $35,000.

I have 20+ years invested into my contract. I will not allow a one-timer to write a contract.

In your case the client has experience in the trades. If it's good - do it - make it your own! Save the attorney's fees

Good luck!

To my friends at CT - notice how I just ignored the jerk-off "working under the table..." Therapy is helping!
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Old 05-15-2010, 10:09 PM   #11
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Re: Home Owner Supplies A Contract..


Quote:
Originally Posted by DaVinciRemodel View Post
D. I've never had a customer supply his own contract, but I have had a customer bring his attorney to the signing table. He wanted to red line my contract right there at the table.

I advised them , after the first two red lines (in the first paragraph) that:

"Since we'll be modifying the contract anyway - I will need to add a line item for Time and Expense for my attorney to review your suggested changes. I'm confident that after we go back and forth with changes for 2 - 3 weeks and possibly $1,000 - $2,000 of added expense we can come to an agreement that meets both our needs."

I left the table agreeing to one change to the contract (now a permanent change - they were right - it was unfair), a signed contract and a deposit check for about $35,000.

I have 20+ years invested into my contract. I will not allow a one-timer to write a contract.

In your case the client has experience in the trades. If it's good - do it - make it your own! Save the attorney's fees

Good luck!

To my friends at CT - notice how I just ignored the jerk-off "working under the table..." Therapy is helping!
I LOVE it !!!!!!!!!!!
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Old 05-15-2010, 10:31 PM   #12
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Re: Home Owner Supplies A Contract..


hey guys thanks for the help , i didnt meam to offend anyone by saying i worked for cash , i painted for companies for 5 years , and was doing side work for friends and family so much i decided to find work for myself full time , last summer i was working about half time and pretty much shut down in the winter. This summer i figured i woud do the same , i have been advertising here and there and work is just flyin at me , i figured i am not just painting for frineds anymore , i have to get a legal company and pay tax , its not just a few houses a summer anymore, it is more work than i can schedule. So sorry if i affended anyone by saying i work for cash. And i appreciate the help, i was just wondering what to do , i have registered my business and it has been approved , but i dont know if i should start charging tax and or pst and deal with it at tax time. Or if it is illegal to charge for it unless you have a registered gst and pst number.I saw an accountant last week and he said just right down the taxs on your quotes and invoices , file the invoices at tax time, and then pay the owed balace and income tax in at tax time, if anyone could give me some advice as to what the proper way to do it is , that would be great, thanks matt
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Old 05-15-2010, 10:35 PM   #13
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Re: Home Owner Supplies A Contract..


yeah to let you guys know i am from british columbia canada , and the gst is mandatory i know that for sure that is government tax, and pst is provincial sales tax, maybe similar to state taxes in the U.S. I JUst dont know if i have to charge thaqt in my new quotes or if it is just gst ,thanks matt
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Old 05-15-2010, 10:51 PM   #14
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Re: Home Owner Supplies A Contract..


Hey Matt, It is illegal to charge GST without a gst number. If you charge gst you must give it to the government at the recording periods. As for PST, only if you are selling them products, and once again you would need to register for that aswell.
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Old 05-15-2010, 10:54 PM   #15
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Re: Home Owner Supplies A Contract..


Also you only need to register for a gst number if your business makes less than 30000 in a year. If you go to bizpal.ca, it has a little quiz for your trade to let you know what licences and permits you need to have to opporate your business legally.
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Old 05-15-2010, 11:06 PM   #16
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Re: Home Owner Supplies A Contract..


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Originally Posted by DaVinciRemodel View Post

To my friends at CT - notice how I just ignored the jerk-off "working under the table..." Therapy is helping!
And yet he CHARGES, not COLLECTS, Taxes!

Not only is he a Scab, he IS committing Tax Fraud!
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Old 05-16-2010, 12:30 AM   #17
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Re: Home Owner Supplies A Contract..


man chill out, i havent charged anyone taxes yet , no gst no pst, i have just registered my buisness and was looking to find info on how to go about paying taxes and how to charge gst and who i have to connect with in order to be allowed to charge them.i am not billing people for tax and pocketing it, i am just looking in to doing it properly.
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Old 05-16-2010, 03:22 AM   #18
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Re: Home Owner Supplies A Contract..


The more important question, it seems to me, is why is it that most of the Kanucks on this and other fora refuse to use capitalization in their sentences?

Hmmm? Hmmm? Riddle me that one.

Andy.
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Old 05-16-2010, 05:10 AM   #19
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Re: Home Owner Supplies A Contract..


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The more important question, it seems to me, is why is it that most of the Kanucks on this and other fora refuse to use capitalization in their sentences?

Hmmm? Hmmm? Riddle me that one.

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Are YOU not FANCY!!! "Fora"!! How many here KNOW that word!!?!?!

Kanuck? or Canuck? LOL!
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Old 05-16-2010, 05:11 AM   #20
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Re: Home Owner Supplies A Contract..


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Originally Posted by matthewgow View Post
man chill out, i havent charged anyone taxes yet , no gst no pst, i have just registered my buisness and was looking to find info on how to go about paying taxes and how to charge gst and who i have to connect with in order to be allowed to charge them.i am not billing people for tax and pocketing it, i am just looking in to doing it properly.
They, your Government, has a web-site and a Helpline... I would imagine!

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