State of the Market

[TheDude]

At some point someone was going to look at money made through work and money made through investment (which Dividends technically are) and ask why they are taxed differently.

This is the one thing the rich don't want.

[Cookielove]

Of course Angela R wants that/suggested it as her politics are left, very left in fact....but that isn't what this country is/has been...it is not a communist state ...though some would like it to be...she has never worked in the private sector so has no clue how business works...

CT has already been applied to income available for dividends...

[WTFH]

The reason being that the money has already had Corporation Tax applied to it.

The problem with that statement is that you are thinking about 1-man businesses (or "small businesses" as some call them)

Businesses and individuals are two different tax groups, unfortunately the lines have been blurred so much, many have forgotten that and think their business money is also their individual money

[TheDude]

The reason being that the money has already had Corporation Tax applied to it.

Corporation tax applies to businesses, not individuals.

[oliverson]

Corporation tax applies to businesses, not individuals.

You don't say!

[ladymuck]

But the principle remains: the profits on which dividends are paid, has been taxed. So to tax the individual recipient of those dividends means the profits are being taxed twice, it's just that the payment is from two different entities.

If the dividends were paid into an ISA, they wouldn't be taxed. If the dividends were paid to an offshore entity, they wouldn't be taxed (I presume). So there will always be inequity as to who pays tax on dividends unless those loopholes are closed.

Although, I seem to recall ISAs are being lined up for the chopping block as something Labour hate just as much as small businesses are people trying to save for their future.

[SussexSeagull]

But the principle remains: the profits on which dividends are paid, has been taxed. So to tax the individual recipient of those dividends means the profits are being taxed twice, it's just that the payment is from two different entities.

Two different entities are being taxed.

[oliverson]

Two different entities are being taxed.

Like looking for work in 2025? Taxes your mind and taxes your patience!

[SchumiStars]

Noticed more and more people not finding a good market and declaring that they have also been out of contract for 2yrs.

Makes me feel slightly better to know it's not just me. But also knowing that there is nothing too bright on the horizon as to how and when this storm will be over.

Right going to find a PGCE course.

[ladymuck]

Two different entities are being taxed.

I literally said that.

What point are you making?