Government to front 80% of wages up to £2500/month

[eek]

You keep rolling this out northernlad - but it's simply not true.

I've supplied case law in a previous thread showing that you are BOTH an office holder and an employee at the same time.

Can an office holder be furloughed though?

[vwdan]

You keep rolling this out northernlad - but it's simply not true.

I've supplied case law in a previous thread showing that you are BOTH an office holder and an employee at the same time.

It is possible, if you treat yourself like an employee. I.e.

When the company started business, a contract of employment was drawn up between it and Mrs Knight; it was dated 13 June 1991 and referred to Mrs Knight's employment as Managing Director starting on that date and continuing thereafter, subject to termination on two months notice or otherwise in certain circumstances, including gross misconduct. None of those circumstances applied in this case. The document provided for working hours of 9am to 5:30pm from Monday to Friday and for a salary of £20,000 per annum and discretionary bonuses. There were other terms into which it is not necessary to go.

[northernladuk]

I pointed this out last time he trotted this one out.

[scooterscot]

Imagine for a moment if we had normal interest rates...

People might have actually saved money in the bank for a rainy day.

People might not be living in house they can't afford.

The bank of England could now reduce the pressure on the economy with rate cuts.

Instead we begin a massive socialism experiment. State acquisitions of private companies & state handouts from the magic money tree.

[Eirikur]

People might have actually saved money in the bank for a rainy day.

People might not be living in house they can't afford.

The bank of England could now reduce the pressure on the economy with rate cuts.

Instead we begin a massive socialism experiment. State acquisitions of private companies & state handouts from the magic money tree.

Expect socialist tax rates when this is all over such as 75% for all income above 80k or worse.

How are the government ever going to pay this back?

[mrdonuts]

i think if umbrella companies dont step up to the mark on this 80% government payment, then contractors should publish their details here

this will end and contractors will need umbrellas in the future and they will have a choice on who they use

[eek]

i think if umbrella companies dont step up to the mark on this 80% government payment, then contractors should publish their details here

this will end and contractors will need umbrellas in the future and they will have a choice on who they use

Let's wait and see what the actual details are - I suspect umbrella's won't have the money available to access the 80% government payment....

[scooterscot]

Expect socialist tax rates when this is all over such as 75% for all income above 80k or worse.

How are the government ever going to pay this back?

It's like invasion of the body snatchers and somehow Corbyn is wearing a Boris suit


Do you remember reading the Russian interference report? I don't, in the long grass now. You never know what strings are being pulled in the background.

[GJABS]

Do you remember reading the Russian interference report? I don't, in the long grass now. You never know what strings are being pulled in the background.

It's certainly a great time to bury bad news.

[GJABS]

Expect socialist tax rates when this is all over such as 75% for all income above 80k or worse.

How are the government ever going to pay this back?

Once the virus problem is resolved, the young, and surviving oldies, will be keen to work hard, and we'll get an economic boom but with high inflation that will destroy the debt (along with the wealth of those oldies).