The official Budget 2017 DOOM thread

[eek]

You're deluded, petal. We're precisely what HMG has in mind with a whole raft of recent reforms. Perhaps you missed the opening sentence in the AS about rendering equivalent for tax purposes different forms of income and working, including Sched. D, PSCs (i.e. us), and employees.

I don't think we are the issue. The issue is the sheer number of people who now work the way we do as desired by many public sector organisations (for it keeps their costs lower) and private sector employers...

[AtW]

Yeah because everyone pays the top rate of tax an 100% of their earnings. You're about as honest as the £350m/week claim when it comes to numbers.

I am comparing top rates of tax, what's so dishonest about it? It's like to say that 90% tax is fine because nobody (you know) would be paying it.

UK middle dividend tax rate is 32.5%, which is still a LOT higher than 25% in Germany.

[jamesbrown]

I don't think we are the issue. The issue is the sheer number of people who now work the way we do as desired by many public sector organisations (for it keeps their costs lower) and private sector employers...

The issue with low-paid workers is primarily about lack of appropriate employment rights (i.e. push factors). Most of the recent reforms are not about low-paid workers, whether Sched. D or incorporated. The evidence is clear that the boom in self-employment (in the general sense) doesn't originate from low-paid workers, but from the higher end of the income spectrum, such as professional services (i.e. pull factors). Obviously, the picture varies substantially by sector, but the overall picture is clear. Take a look at the recent report from the Resolution Foundation, for example. We are definitely the issue for HMG, as much as low-paid workers are important w/r to avoiding exploitation. Two very different groupings, with different sets of push/pull forces, but both equally important to HMT and HMG.

Here:

http://www.resolutionfoundation.org/...e-gig-economy/

[MrMarkyMark]

The issue with low-paid workers is primarily about lack of appropriate employment rights (i.e. push factors). Most of the recent reforms are not about low-paid workers, whether Sched. D or incorporated. The evidence is clear that the boom in self-employment (in the general sense) doesn't originate from low-paid workers, but from the higher end of the income spectrum, such as professional services (i.e. pull factors). Obviously, the picture varies substantially by sector, but the overall picture is clear. Take a look at the recent report from the Resolution Foundation, for example. We are definitely the issue for HMG, as much as low-paid workers are important w/r to avoiding exploitation. Two very different groupings, with different sets of push/pull forces, but both equally important to HMT and HMG.

Here:

Self-employment rise led by tax advantages for workers in high-paying ‘privileged’ sectors rather than the gig economy - Resolution Foundation

Absolutely this

[AtW]

We are definitely the issue for HMG, as much as low-paid workers are important w/r to avoiding exploitation.

Higher earning group is much more important to HMRC

[MrMarkyMark]

Higher earning group is much more important to HMRC

Funny that

The other thing to note is the low paid worker thing is being worked out through the courts.

Tax law changes, at significant government expense, however misguided, are there to (appear to) collect more money.

Simple bedroom economics, similar to not looking at the hidden (often catastrophic) cost of total offshoring (Hello Talk Talk )

[SueEllen]

Funny that :


The other thing to note is the low paid worker thing is being worked out through the courts.

Tax law changes, at significant government expense, however misguided, are there to (appear to) collect more money.

Simple bedroom economics, similar to not looking at the hidden (often catastrophic) cost of total offshoring (Hello Talk Talk )

It has taken the media to jump on the unions bandwagon to highlight poor pay and working conditions e.g. Sports Direct before the government decided to look into it. After all the government wasn't bothered about the fact tax payers were paying the housing benefit for people in full-time work who can't afford to pay their own rents.

Anyway this in turn has helped changed the mindset of many people plus changed the attitude of large employers as they know they could be next in the media spot light. This has also undoubtedly influenced judges.

The public sector changes were discussed here from last summer. Some of the people these are targeted at, while they have specialised skills, aren't highly paid. The aim seems partly to force these people to take permanent roles or fixed term roles.

[MrMarkyMark]

It has taken the media to jump on the unions bandwagon to highlight poor pay and working conditions e.g. Sports Direct before the government decided to look into it. After all the government wasn't bothered about the fact tax payers were paying the housing benefit for people in full-time work who can't afford to pay their own rents.

Anyway this in turn has helped changed the mindset of many people plus changed the attitude of large employers as they know they could be next in the media spot light. This has also undoubtedly influenced judges.

The public sector changes were discussed here from last summer. Some of the people these are targeted at, while they have specialised skills, aren't highly paid. The aim seems partly to force these people to take permanent roles or fixed term roles.

There.

+no employment rights or benefits.....I could go on

[d000hg]

You're deluded, petal. We're precisely what HMG has in mind with a whole raft of recent reforms. Perhaps you missed the opening sentence in the AS about rendering equivalent for tax purposes different forms of income and working, including Sched. D, PSCs (i.e. us), and employees.

I don't think we are the issue. The issue is the sheer number of people who now work the way we do as desired by many public sector organisations (for it keeps their costs lower) and private sector employers...

Shush, you mustn't challenge the dogma.

I am comparing top rates of tax, what's so dishonest about it?

Because 25% is both the top and bottom rate in Germany so that's a politician's slimy truth... technically correct but intentionally misleading.

UK middle dividend tax rate is 32.5%, which is still a LOT higher than 25% in Germany.

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

[darmstadt]

I already do, all my private stuff is fixed price, but best of luck selling that idea to the agencies.

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