Originally posted by TimberWolf
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
How long do you think the current UK economic and employment downturn will last for?
Collapse
X
-
Will work inside IR35. Or for food. -
Originally posted by CheeseSlice View PostIt will go on several years, followed by a politically engineered pre-election boom to secure a Tory win in 2015.
HTHComment
-
Originally posted by Sysman View Post"The taxman can take all your money, but he can't take your memories."
Comment
-
How long do you think the current UK economic and employment downturn will last for?
We cannot even start reducing those payments until we have done away with the deficit and moved into surplus. It's anyone's guess, but I don't see that point happening for best part of 10 years, and that's even if the coallition's plans work.Comment
-
Originally posted by Doggy Styles View Post
Interest payments on national debt are currently running at £45 billion. I think that's nearly half the cost of the NHS. Those payments will increase all the time we have a deficit.
We cannot even start reducing those payments until we have done away with the deficit and moved into surplus. It's anyone's guess, but I don't see that point happening for best part of 10 years, and that's even if the coallition's plans work.
Excessive individual debt is servitude and lost opportunities.
Bloated sovereign debt means freedom from interference, and more opportunities.
Yearning to reduce, or even eliminate, the national debt is naive and frankly childish.Work in the public sector? Read the IR35 FAQ hereComment
-
Originally posted by OwlHoot View PostYearning to reduce, or even eliminate, the national debt is naive and frankly childish.
That's about the amount VAT raises I think, so in order to pay just for those interest payments VAT would have go go up to 35-40%.
Yes, the debt is THAT massive.Last edited by AtW; 21 November 2010, 14:31.Comment
-
Originally posted by OwlHoot View PostHow many more times?
Excessive individual debt is servitude and lost opportunities.
Bloated sovereign debt means freedom from interference, and more opportunities.
Yearning to reduce, or even eliminate, the national debt is naive and frankly childish.
Rather than being frankly childish, it is up to each nation to decide what level of debt they can cope with.
Too high, and the proportion of GDP lost paying interest is too high. This is compounded by rises in the rate of interest we'd be charged if markets lose confidence in ability to repay.
That's where we were heading.
I hope this helps.Comment
-
Originally posted by OwlHoot View PostBloated sovereign debt means Labour is in power
Yearning to reduce, or even eliminate, the national debt shows Labour has lost power"I hope Celtic realise that, if their team is good enough, they will win. If they're not good enough, they'll not win - and they can't look at anybody else, whether it is referees or any other influence." - Walter Smith
On them! On them! They fail!Comment
-
Originally posted by VectraMan View PostI'm going to start stock piling petrol. It's guaranteed to go up.Comment
-
Originally posted by Clippy View PostIsn't that illegal?
go up - woooof
aww fergerrit
(\__/)
(>'.'<)
("")("") Born to Drink. Forced to WorkComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment