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JCB's Marathon Fundraising Effort

Six JCB employees pulled their running shoes on in the weekend’s London Marathon – banking thousands of pounds for charity.

Three of the group are running the 26-mile course on Sunday for JCB’s nominated charity, the NSPCC – and between them have so far raised more than £10,000.

UK and Ireland Sales Director Yvette Henshall-Bell, 43, of Barlaston has pledges totalling £7,800 going into her first ever marathon.

JCB UK Sales Manager Leigh Harris, 38, who lives in Stubwood, near Rocester has so far raised more than £2,250 and Senior Design Engineer Patrick Munro, 34, from Mickleover, Derby, is taking on the punishing course for the second year running and so far has raised more than £300 for the charity.

For Yvette, competing in the London Marathon caused a domestic dilemma for husband Mick, who is an avid Stoke City fan and whose team play Bolton Wanderers in the FA Cup Semi Final at Wembley on the same day as the Marathon.

“After nearly 40 years waiting for Stoke to get to the FA Cup Semi Finals, Mick will be at Wembley, and our daughter Ellie will be cheering me on in the marathon”, Yvette said.

Two more JCB employees are running the Marathon in aid of Help For Heroes. For Charles Bevan, the Chief Engineer, Group Electrical and Electronic Systems, it was his fifth marathon in the capital and he ran it with his daughter Danielle, 39, a nurse at the Nuffield Health North Staffordshire Hospital.

Charles, 64, of Abbots Bromley, has sponsorship totalling £1,400. He is due to retire in August after a total of 34 years at JCB.

Engineer Mick Grindey, 49, of Uttoxeter, is running the marathon as part of two big challenges he wants to complete before he turns 50. He said: “It’s my first marathon in more than 20 years and I plan to complete a 24-hour off-road mountain biking marathon as well.”

The sixth JCB employee taking on the marathon is competitive runner Jim Clarke, 31, who is a member of Uttoxeter Road Runners. He works in the Backhoe Loader Business Unit at Rocester.

TC Harrison supporting Channel 4's Time Team

The new series of Time Team which is now being filmed over the summer has seen TCH JCB and local Lincolnshire based hiring company Abba Plant help support the series by providing JCB machinery for the job.

The first shoot of the series has been filmed on location in Clipstone, Nottinghamshire and will be aired on Channel 4 in early 2012. The series is already looking exciting with a new co-presenter working along with Tony Robinson.

T C Harrison JCB Sheffield Depot Film -You Tube

You can now visit our Head office facility at T C Harrison JCB Sheffield at any time, by simply viewing our film footage on You Tube, visit http://www.youtube.com/watch?v=7OzaNicRKDw

Groundhog competition winners!

A Hog is for life not just Christmas competition winnwer was ...

TC Harrison JCB are happy to annouce that the 6 x 4 Groundhog competition winner was Hartlepool Borough Council. TCH JCB sales executive Tim Wilson is pictured handing over the machine to Fred Davison (Logistics Manager) and Kai Owen (Logistics Operative).

We would like to thank every one who participated in the competition, and look forward to future competitions.

TC Harrison JCB scores with Derby County Football Ground

The New JCB Workmax is here!

TC Harrison JCB sales executives Steve Prescott & Lee Hodson were proud to hand over the new & re-designed JCB Workmax utility vehicle to Derby County Football Club. TC Harrison's have a strong derby connection, operating out of the area for nearly 50 years

JCB Sales Conference Awards

TC Harrison JCB are happy to advise of a very succesful JCB Sales Conference, the award for the Fighting Fit Salesman was won by Jim Malia, James Taylor won the Salesman that completes the solution of use of finance, warranty, attachments the whole solution. TC Harrison JCB won the UK & Ireland Waste and Demolition award, and are the biggest dealer by volume in the world in this sector for 2010.

We would like to pass on our gratitude and thanks to all of our customers in 2010, and look forward to working with you in 2011!

TC Harrison Celebrating 80 years in business

Firm Foundations

The T C Harrison business was established on the 18th May 1931 at 17 Abbeydale Road, in Sheffield, next to the Royal Hotel on the corner of Abbeydale Road and London Road.

The country was going through the worst depression in living memory; in Sheffield there were thousands unemployed and it was certainly not the ideal time to start a new business. A few weeks earlier, Autoways, the main Ford dealer had closed down due to very difficult trading conditions but Thomas Cuthbert Harrison was undeterred. With the help of Henry Cadman, a young man who had just left school, he began the task of cleaning the place and trying to make it look like a workshop. In the first few days customers did call in because TCH was quite well knownby local business people. Any spare parts had to be obtained from Brook Shaws in Norfolk Street, then the main Ford dealer. Every time a part was required, Henry would go on the shop bicycle and collect them, whilst TCH carried out the jobs.

Commercial Growth - 1930s

1935 arrived and with it a great deal of expansion on the commercial side ... as the country started to emerge from the depression of the early 1930s. At TC Harrison our hopes and spirits were high. This time the main attraction at the Ford Show was the Ford 8 at £100! As output increased the selling price reduced and this made the Ford Popular really live up to its name! ...It was not all work and the boss occasionally thought of other things apart from the business and many times during the summer months we would all meet up at the Glossop Road swimming baths at 7am. TCH would be there waiting to see us all in with tickets. We stayed till 7.40am and then back for a cup of tea to London Road – before starting work at 8am.

World at War: 1939-1945

It took the government months to draw up plans for war and meanwhile at our London Road premises we received a letter from the boss:

War EmergencyDue to the above factor I have found it necessary to reduce wages all round instead of the alternative of reducing staff. This will take effect from 1st October 1939. This has been fixed on the basis of a 45-hour week with shifts operating from 8am to 5pm Monday to Friday, 8am to 1pm Saturday and the second shift will be 12noon to 8pm Monday to Saturday and 9am to 2pm Sunday. Your weekly wage will be £1 10s. Should the volume of work make it necessary however, I hope you will co-operate in completing it after the hours stated. Yours sincerely TC HarrisonHe handed the letter to everyone personally and expressed his regret at the action he had to take. He promised that when work returned he would pay us a bonus to make up for the money lost.

Peacetime Returns

By 1946 the soldiers, sailors and airmen began to be demobilised and the former employees of TC Harrison came back home and most returned...Throughout the six years of war for the old serving employees TCH sent our wives a cheque each Christmas for £50. When we returned to work he was the first one to welcome us back.

The First 25 Years: 1957

This was the year we completed the large new car showroom and prior to its opening we had a ‘Ford on Show week’, which was a great success. We carried out 706 free inspections and reports,the highest of any Ford dealer that year! After work we often went down into the service department and lent a hand till 9pm andthen TCH would take us for a drink in The Sportsman on Sheldon St.

Swinging Sixties

The policy of TC Harrison during the 1960s was continual expansion to provide better facilities and give a better service to our customers; carrying out expansion and redevelopment at all our sites. 1964 saw the arrival of the 40-hour working week, which was good for the workers but meant reduced opening times for the customer.

Digital Age

1970s. The group had by now expanded beyond all recognition. In 1977 a merger with Peterborough Motors Limited made us one of the largest dealerships in the UK.

Death in the family

On 22nd January 1981 – just four months from celebrating 50 years in business – T C Harrison died. He was buried at Rowsley, where he had lived. TCH’s sons Edward and John took over.

1980s to the future

In 1981 the group had over 24 dealerships across the country, made apre-tax profit of over £2 million and employed over 1,000 people. Still verymuch a family firm with employees who shared the same enthusiasm,determination and confidence as in the early days ...

As we move into 2011 TCH’s grandson, James, is now managingdirector and the business still holds by its key principles of listening to what its customers really want and offering the best value across all departments to keep motoring costs to a minimum.

At the recent Motor Trader Awards it won the Group Used Car Retailer award and washighly commended for its website(tch.co.uk|). Now to celebrate its 80thbirthday a range of exciting new initiatives to reward loyal customers isbeing planned. TC Harrison has its hands firmly on the wheel as it drivesonwards into the 21st century.

Encouraging the Tax man to pay your deposit....

How to make HMRC pay your deposit and 1st year’s payments

Perhaps the best way of grabbing people’s attention as to the AIA’s potential tax benefits is to make the following claim; given the right scenario and an investment of £100,000 in new plant, the benefit of this new allowance is equivalent to HM Revenue & Customs paying the deposit and the first year’s finance payments on a three year Hire Purchase agreement.

Imagine the following scenario. Fred is a sole-trader and an owner-operator with a couple of top specification JCB 3CX Contractor Backhoes. He and his son also dabble in property development, usually only one property at a time but thankfully his minimal exposure to the vagaries of the recent housing market have allowed him to ride out the property crash. He managed to sell his property at a time when the market had experienced a full quarter of price rises so he has made a healthy profit. However, Fred is rapidly approaching the end of his tax year and his accountant is warning him that he is struggling to reduce his taxable profits and that a big income tax bill is looming. Even after claiming business expenses plus his personal tax allowance and a salary taxed at 20%, a profit of £100,000 remains which will attract the higher rate of 40% income tax. This has all been caused by the profit on the sale of the last property which has not been reinvested in a new property and could result in an additional tax bill of £40,000. All is not lost because Fred’s accountant is well up to speed with the latest changes in taxation.

Fred’s accountant explains that if he invests in new replacement plant and finances it over his usual three year period then he could avoid paying any tax at the 40% rate by claiming the maximum AIA. Fred decides to invest in new plant and takes advantage of the 0% finance 3 year Hire Purchase deals on offer at the time. Upon further investigation the accountant calculates that paying a 10% deposit (£10,000) and borrowing £90,000 at 0% over three years equates to a £40,000 outlay in the first year, followed by £30,000 in each of the subsequent years. The £40,000 expenditure in the first year equals the £40,000 tax bill saved so it is not too far from the truth to state that HM Revenue & Customs has paid the equivalent of Fred’s deposit and his first year’s HP payments. Not only that, but Fred has managed his cash flow in an exemplary fashion – claiming the maximum £100,000 AIA but with an outlay of only £40,000 in the same tax year.

Post April 2012

However the same investment after April 2012 will have a dramatically different result. Fred will be able to reduce his tax bill by the £25,000 AIA plus the 18% Writing Down Allowance on the remaining £75,000 will make a further £13,500 reduction. However, there will still be a 40% tax bill of £24,600 against the remaining taxable profit of £61,500. The moral of this story is that if you have plans to replace plant in 2012 – make sure you do it before 1st April for an incorporated business.

JCB Finance are not financial advisors. Always seek advice from your financial advisor, be it your accountant or finance director, because every business’ circumstances are different with different tax rates and income and expenditure patterns. Businesses should not make investment decisions purely on a tax basis - there should be a compelling business case for the investment in the first place.

Royal Visit- virtual reality launch

The Queen donned a pair of 3D glasses when she visited the launch of a £25 million nuclear Advanced Manufacturing Research Centre in Rotherham.

The Queen stood in a high-tech customised trailer using 3D virtual reality technology and a joystick to remotely activate a new JCB 3CX Eco supplied for the event by TCH JCB.

Lumsden & Carroll Construction go GREEN

Support going green? Commitment to the environment? Yes is the answer from Lumsden & Carroll Constructions Brian Reay & Michael Barrigan. Part of the Esh Group, one of the largest North East Construction companies they have purchased three of JCB's most efficient backhoe loaders ever.

The multi-award winning group provides construction and related services to both public and private sector clients, with an annual turnover in excess of £150 million, Esh group employs over 1,000 people in the North East.