Nothing for people with trading profits above 50k
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Anyone else catch the inference that the self-employed will pay more tax in the future? Was all over in a second but he definitely said it....my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
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Originally posted by PerfectStorm View PostNothing for people with trading profits above 50k
Banking contractors are not covered but lots of IT freelancers will be inside that level.
What's not clear is whether they consider a PSC to be self employment or not. Lots of people who are genuinely self employed, tradesmen etc, choose to work through a LTD for various reasons.
Sent from my ONEPLUS A6003 using TapatalkOriginally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by PerfectStorm View PostNothing for people with trading profits above 50k
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Originally posted by Lockhouse View PostAnyone else catch the inference that the self-employed will pay more tax in the future? Was all over in a second but he definitely said it.
Sent from my ONEPLUS A6003 using TapatalkOriginally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by PerfectStorm View PostNothing for people with trading profits above 50k
If so this doesn't apply to you anyway as you aren;t "self-employed" in the defintion here.
You are a PAYE employee with dividend income - so you come under the other scheme - but of course as a director you can't furlough yourselfComment
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Originally posted by oilboil View PostAre you a limited company?
If so this doesn't apply to you anyway as you aren;t "self-employed" in the defintion here.
You are a PAYE employee with dividend income - so you come under the other scheme - but of course as a director you can't furlough yourself
Sent from my ONEPLUS A6003 using TapatalkOriginally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Jeez...screwed all round
Those earning above £50k are on average earning £200k......
Expect to pay more tax in the future........
Higher rate tax payers screwed now and even more in the futureComment
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Clearly sowing seeds to use this as an excuse to screw the self-employed with tax-rises in the coming years...not just "PSCs" but sole traders too from the sounds of it.
What exactly is the "big inconsistency" between a sole trader and somebody on PAYE? Lack of employer's NIC? The ability to offset genuine expenses against tax?Comment
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