The official Budget 2017 DOOM thread

[AtW]

For someone whose algorithms surely rely on a fair bit of maths and statistics, your lack of astuteness suggests you're doing this deliberately.

I need another ban.

[darmstadt]

"If Hammond does have tax cuts in mind he will probably save them for his rich friends"

Conservatives value the working man

Tory taxcuts?

ftfy

[d000hg]

Aren't all contracts fixed price? "We provide person A for this price for 6 months."

But you don't guarantee to do a certain amount of work for a fixed price, and they can terminate the contract so it's not even fixed price they way you claim

[MrMarkyMark]

Yes but you only pay that on a portion of your income. How much dividend do you need to earn to be taxed more than in Germany, and how many people are in that category? And then, what is the German income tax and CT level for completeness?

For one that has already not taken into account the basic factors, with regards to proper self employment (taking into account the allowances recieved by consultancy competition) I suggested should be considered in the first place, you sure have a lot of questions

[Mordac]

Aren't all contracts fixed price? "We provide person A for this price for 6 months."

Not if you're on a timesheet-based hourly or daily they're not. If the "work" overruns and the client wants to keep you on, they still have to continue paying the agreed rate. That's not the same as quoting £x for the total job, if you complete sooner you're a few £ up and if it takes longer you're a few £ down. (Totally unsuitable for the agency model, for obvious reasons even you should be able to grasp. )

[d000hg]

For one that has already not taken into account the basic factors, with regards to proper self employment (taking into account the allowances recieved by consultancy competition) I suggested should be considered in the first place, you sure have a lot of questions

We're talking about dividend taxes. Now you're playing the politician's trick of answering a question by turning the topic to something slightly different as distraction AtW claims a flat rate of 25% on dividends is better, I'm asking him to show his workings out. Also, AtW is comparable to the consultancies in this discussion, he's the guy running the company not a contractor or an employee.

Maybe AtW is just much richer than we give credit for, so that for him only the top rates of tax are important

[AtW]

a flat rate of 25% on dividends is better

[northernladyuk]

Wasn't what they basically did with the dividend tax, bring overall tax inline with income tax?

Subject to full income tax and. NIC with no tax credit?

That is what may be coming.

[d000hg]

Subject to full income tax and. NIC with no tax credit?

That is what may be coming.

Ifs and buts... I prefer to deal with what they've done not what they may do especailly with no general election to change anything.

In your case, maybe ifs and butts?

[northernladyuk]

Ifs and buts... I prefer to deal with what they've done not what they may do especailly with no general election to change anything.

In your case, maybe ifs and butts?

No general election is needed just a budget.