Budget
Not a bad Budget I thought. Not much mention of the crisis in the NHS, and how they are going to solve it, but no surprise there. However, it's about time the self employed their fair share, well done Phil. Hilarious to see the self employed Tory columnists going apoplectic :p: Brexit is going to cost big time, and we are all going to have to pay for 'taking back our country', from God knows who. Welcome to the real world. Lots more tax rises to come.
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What a pathetic, doom and gloom opinionated view you have. You are of course wrong. Brexit was not even themed in today's budget, was not even mentioned once. So you're wrong. (as always). And no we won't turn this in to another brexit thread for you to slate with your wrongful, one sided, badly pessimistic views on the subject. |
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Yes that was strange Brexit wasn't mentioned seeing as they are supposed to be triggering Article 50 this month . Second thoughts ;)
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The Ukip-sympathetic Telegraph has gone to town on the Conservatives' promises not to raise NI. The Conservatives should have printed them on the side of a bus instead as that doesn't count as a real promise! :D http://www.telegraph.co.uk/news/2017...aise-national/ |
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It's not increasing NI, it's equalizing the rates in return for equalizing the benefits. Seems fair.
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Holiday pay isn't paid by the government anyway is it?
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Or are you simply trolling? :confused: ---------- Post added at 08:43 ---------- Previous post was at 08:41 ---------- Quote:
Not everyone who is self employed is fiddling (or can fiddle) things. |
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tbf 'cash in hand' was a bit 'tongue in cheek', however there are many tax advantages to being self employed, some legal, some not. Those taxed at source have no such room for manoeuvre. Employed/Self employed - pro's and cons with each. However self employed paying less NI for the same services is clearly unfair, and yesterday it was partly put right. |
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I'll take my beating :D
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Smokers got hammered again, and this time by a variation in the way tobacco is taxed... now by "minimum price". It'll be alcohol next.
All the usual sites said "no increases for alcohol" but those taxes are indexed so happen anyway, they don't need to be announced in the budget. |
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Given that Mr K, has signalled he appears fine with your post in which you modified the quote, ever so slightly and thus, did not completely misrepresent what he had said, there is no case to answer. |
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Budget seems good to me, increased money for social care, a tax rise to fund it and some cuts to perks pensioners get.
Yet the press's reaction to a minor tax increase is pathetic, how do they expect things to be funded? I will happily pay the tax increase which I am affected by. |
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The NI thing is about closing a tax loophole. For the most part we are not talking about entrepreneurs in any sense of the word. They are mostly doing the same sort of work that employees are doing. If you are going to benefit from NI contributions in the same way as employees, expect to pay the same rates.
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Like I said I am affected and have no issue with it. :)
But you can bet there is people out there throwing a fit over this. |
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tbf it was Dave who said no tax rises, not Phil, who is now my hero ;) |
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I think it might be a vote loser..
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tbh it's telling to see these Tory MP's going mad over a few pence rise in tax. If only they could get so irate about the state of the Health Service, or funding in Schools. Silly me, forgot, none of them use the NHS, or send their kids to state schools. All they are interested are in tax cuts for themselves, which the plebs should fund. |
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Well it will affect my daughter..she had to give up a 9-5 job due to debilitating migraine attacks.She has taken up working from home as a writers assistant and so had to go self employed so she could earn around around the attacks..So not all self employed are selfish **** avoiding paying their way...
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No one knows, including the EU, what will happen in the Brexit negotiations. A lot of pessimism around, but how about a bit of optimism instead? Unless there's dire hard EU loving fanatics here, which I don't think there are, leaving the EU was the right decision. Even a okay-ish deal will put us in a better position long term than the EU. (and yes I do expect there to be some pain soon, but it will pass.) |
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---------- Post added at 17:34 ---------- Previous post was at 17:28 ---------- Quote:
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To be self employed one has to register as self employed and that will mean they will fill out tax returns .No one can simply say "i am self employed" and decide not to pay tax or nics.Also i would point out that self employed people have always had access to the state pension and other contribution based benefits via class 2 nics ,which although voluntary are paid on top of compulsory Nics (class 4)
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Cash maybe king. But as a day to day transaction facility it's on life support. Self employed tradesmen now need to have cardpay facilities, and many apps as well as Paypal are used. Cash in hand is a thing of the past. ---------- Post added at 21:52 ---------- Previous post was at 21:49 ---------- Quote:
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Does she earn more than £16,000 a year? ( I think that's the correct figure) if not this won't impact her, she may even be better off. As ever there's loads detail,behind the headlines |
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It's all about making the tax system fairer. Listen to Phil and Mother Theresa, they don't tell lies ;)
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I was being ironic, as was Mr K....
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To clarify my earlier comments a bit more, I dont support targeting a part of the population that is perhaps considered the easiest to hit, I expect they thought by targeting self employed it would not generate much bad publicity. But more that I support tax rises in general.
Certainly I think the UK population somehow needs reeducating that tax rises need to happen, because of all the tax cuts in the past decade or so, everyone seems to have got used to an idea that we can just have everlasting tax cuts which is clearly not sustainable unless you are david cameron who thinks we can make it work by just dismantling the public sector. The party policy at election time to promise no rise in income tax, NI and VAT was just irresponsible. May seems to have her hands tied by promises of the previous leader, she could untie the hands by winning an election without that manifesto but of course winning the election is not a certainty even with labour been as unpopular as they are now strange things can happen. |
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NI increases scrapped.
http://www.bbc.co.uk/news/uk-politics-39278968 |
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I like how in PMQ's idiotic Jeremy Corbyn, claims the government is in chaos over the U-Turn. So laughable from him, but I liked TM's reply that if she wants to take lectures on 'Chaos', she will approach him and his party.
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He couldn't hit the side of a barn from the inside. He's utterly inept and deeply uninspiring. |
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Looks like "spreadsheet" Phil's just had that pasty tax moment.
What looks good on paper can really backfire. Didn't take long. :( |
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- How the Chancellor replaces the missing revenue. - Will there be any political ramifications? Osborne survived his Omnishambles Budget but the knives from the leavers might be sharpened for Hammond if he makes another mistake. |
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The Liberal Democrats said they would not increase University Tuition fees, in 2010, they formed a Coalition government with the Tories and increased Tuition fees, Nick Clegg took years of beatings for that and I think ultimately is the reason the Lib Dems are down to just 9 Members of Parliament today. Labour have done U-Turns, look when Labour abolished 10p in the Tax band, causing middle and low earners ending up paying way more tax, they did not bring it back but they made concessions in later Budgets take make up for their terrible decision. |
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Silly Philly.. That's 2 billion he's going to have to find from somewhere (didn't mention where did he?), or is the increase in Social Care funding going to be quietly forgotten and even more pressure on the NHS? Doesnt the silly bugger realise that the point of a 'Budget' is that it's supposed to add up?
People, not just the Tories, have got their priorities all wrong. If you want public services you have to pay, a few pence in tax will seem irrelevant next time you or your family need the NHS. Same old Tories, increasing inequalities everywhere, and no one should be surprised. |
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i'm not happy now i know white van man pays less than i do the evening out of tax differences has been swept under the carpet :)
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Interesting observation from the right-wing Spectator magazine: “This fiasco will be watched with amazement in European capitals. If Theresa May caves in under pressure, then her opponents in Brexit talks will apply pressure.”
https://www.spectator.co.uk/ |
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The Spectator is pretty good, always worth reading their political columnists (and avoiding Brenden O'Neill).
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https://www.cableforum.co.uk/images/...2017/03/10.jpg :D |
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Seems like the politicians can't win either way. We should be giving credit to a party that listens to criticism, not ridiculing it. |
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Putting the top rate of Income Tax back up to 50p would have wiped the smile off a few Tory MPs faces. They'd soon forget about the self employed then. Go on Philly go for it - you don't like them either !
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The other side of the coin is spending. The new grammar schools look set to be booted into the long grass by Parliament so that saves a bit of dosh but not enough. |
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