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The official Budget 2017 DOOM thread

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    #id
    Originally posted by jamesbrown View Post
    Increase in C4 NI for the self-employed, as expected....
    So that's broken manifesto promise then?

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      #id
      Now to PSCs....

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        #id
        Time to bend over....

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          #id
          Here we go..dividend allowance reduced to 2k from 2018..

          If that's it, not too bad...

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            #id
            Good luck everyone
            E: allowance reduced from £5k to £2k from next year

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              #id
              Fair Fair Fair Fair Fair Fair Fair

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                #id
                If that's all he announces, then an extra £225 tax a year is no hardship. Its obvious to see why he's taken this approach - how many people have we had on here talking about using alphabet shares so they can pay their spouses who were in full time employment £5k a year to take advantage of the allowance? (not just on here, I've seen accountants on other forums recommending this approach too).

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                  #id
                  So potentially £225/975/1143 extra in tax then..?

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                    #id
                    Was that it....

                    Sure it will hurt (£3K @ marginal tax rate), but still better than PAYE umbrella.

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                      #id
                      FFS 5k-2k
                      What happens in General, stays in General.
                      You know what they say about assumptions!

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