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Health and social care tax

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    #11
    Also confirms that the 2% surcharge is increasing to 3.25%, so big relative increase for high earners overall.

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      #12
      Originally posted by jamesbrown View Post
      Here it is in black and white. So only 1.25% for dividends, not 2.5% to mirror both NICs.

      https://assets.publishing.service.go...ocial_Care.pdf
      Double whammy for anyone working Inside IR35. Employee and Employer NIC increases.
      "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

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        #13
        I'm broadly not against tax increases to pay for better services, but this government - which has raised taxes by significantly more than any other in my working lifetime - seems to have managed the quite incredible feat of doing so whilst simultaneously cutting services to the bone. Have we ever got less for our tax money? Where is it going?

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          #14
          Originally posted by mattster View Post
          Have we ever got less for our tax money? Where is it going?
          To his mates...
          "You’re just a bad memory who doesn’t know when to go away" JR

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            #15
            Originally posted by DaveB View Post

            Double whammy for anyone working Inside IR35. Employee and Employer NIC increases.
            Yup, inside IR35 on a high income and you’re hammered by this.

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              #16
              Originally posted by jamesbrown View Post

              Yup, inside IR35 on a high income and you’re hammered by this.
              Schemes are going to get yet another chance to scare people into joining them...
              merely at clientco for the entertainment

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                #17
                Originally posted by SueEllen View Post

                To his mates...
                This. 100% this. Tory friends and family billionaire's club.

                New Labour squandered the money, this lot plain stolen it to Tory chums.
                First Law of Contracting: Only the strong survive

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                  #18
                  I can't remember a more corrupt government in this country and I can remember when SuperMac was PM.

                  Now waiting for the reintroduction of the rotten boroughs.
                  When the fun stops, STOP.

                  Comment


                    #19
                    Originally posted by jamesbrown View Post

                    Yup, inside IR35 on a high income and you’re hammered by this.
                    Yep, only bright spot is salary sacrifice for max pension. But also max contributions too set at 86K, that's only a year in a complex dementia unit (5-7K a month), but then you'll be too far past it to thank the government every week.

                    But also it should help those who earn feck all doing some of the hardest work in the country to earn a reasonable wage and hopefully come off income support.
                    But I discovered nothing else but depraved, excessive superstition. Pliny the younger

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                      #20
                      Originally posted by DaveB View Post

                      Double whammy for anyone working Inside IR35. Employee and Employer NIC increases.
                      And for all employees tis 2.5% paycut, they'll cut the employers NI from any planned annual pay rise - and interest rates rising next year!
                      Last edited by some guy some where; 7 September 2021, 13:24.

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