The official Budget 2017 DOOM thread

[AtW]

Indeed. That's only 10% of the usual budgetary bumming.

Wait until full budget PDF is released!!!

[jamesbrown]

That was a comment about the budget as a whole not the dividend bit....

Right. Definitely agree with that....

[d000hg]

You can level the playing field but if one side has all their kit provided for free whilst the other team's players have to pay for the kit themselves, how is that fair?

Fair taxes for fair employment rights.

You don't WANT employment rights.

[northernladyuk]

You can level the playing field but if one side has all their kit provided for free whilst the other team's players have to pay for the kit themselves, how is that fair?

Why should this difference be reflected in the tax system, rather than in the rate?

[d000hg]

If as he says there is a fundamental shift towards self-employment then I guess some big shake-up is needed at some point. But I'd have thought those who have been self-employed for decades as tradesmen are a bigger target, than modern trends towards web-designers and so on.

[Mordac]

You don't WANT employment rights.

We didn't when there was a fair advantage in NOT being employed, but now we're being taxed MORE than the employed, something's gotta give...

[jamesbrown]

Why should this difference be reflected in the tax system, rather than in the rate?

It isn't so much about whether it should or should not, it's that it was never codified. In examining this formally, they've decided that there shouldn't be a major tax advantage of flexible working, which is fine, but they need to implement it in a sensible way, and they show no indication of doing this.

[Pherlopolus]

Why should this difference be reflected in the tax system, rather than in the rate?

I agree with the sentiment, people seem to forget the bottom line cost difference between hiring a permie and a contractor isn't that much, companies should expect to pay extra rather than it being reflected in tax savings to the contractor.

[d000hg]

No we're not, you're just making stuff up. If you want employment rights, go permie and make more money if you think that's how it works now.

[quackhandle]

Can't stand Hammond, he looks like a (failed!) maths teacher who would struggle to control a class full of 11 year olds.

qh