UK should address workers forming companies to cut tax bill - Hammond

[Hobosapien]

I'm sure the govermin have it all worked out as part of a near future strategy to cope with increasing automation, which will probably require a citizen's income and taxing the companies rather than the workers when the workers have mostly been replaced with automation.


I wonder which country will lead the way, Japan? Will be interesting to see what new skills will be required. IT ain't dead yet.

[AtW]

They should increase VAT to 25% over 5-10 years and cut income taxes over same period: more money in pockets of people to decide where to spend, it would require crackdown on housing market to prevent all that extra spare money spend on rent/mortgages like it happened in the last 15 years.

[AtW]

Wasn't it Osbourne who agreed not to raise NI this parliament?

Yes, and soon after that he introduced an "Apprentice Levy" which should start in 2017 (so this Parliament) which is calculated from the same base as employer NICs...

[d000hg]

Knock yourself out.

And, quite possibly, yes, but you should wait for the official announcement about the death of contracting from AtW.

He's been saying it for years already.

[jamesbrown]

He's been saying it for years already.

Official and trademarked?