"It's just not just newcomers to the trade who are puzzled by this million-dollar question, we're all having to adjust our prices now more than ever," Robin expresses.

West Midlands-based John Argyle tells Robin that experienced carpenters with 10-15 years in the trade charge between £200 to £250 [a day]. Robin agrees: "This is industry standard at the moment."

"If you're a time-served tradesman with your own tools and transport, and you can deliver the product or the project - you're worth it," he adds.

John also divulged how he goes about changing his customers. "I have a couple of different systems I use - some people want a day rate, while others prefer per job. If I take on a job that typically takes me three-four to complete, I'd price it on a week's worth of wages.

"If I'm doing a price job then I would add another £100 over my day rate because I have to allow for an extra day of work or any other delay."

Further, in the show, Sean Matthews discloses that in Caerphilly, Wales the going rate for subcontract carpenters is between £140 to £220 a day, depending on the experience.

For Sean, he calculates his costs by including business elements such as tool depreciation, van lease, and insurance along with the actual service charges.

"I also include some of my personal outgoings at the moment as the cost of living is just insane. I ensure I've covered all areas. I've computed my daily minimum earnings and account for subbies when I need them," he notes.

Robin is of a similar opinion. "You have to cover for loads of variables - it could be the weather, the hammer that turns at the wrong place, or having to put more screws in. We do have to absorb some of that, but experience tells you to factor that in."

Listen to the whole show here.