Investing in the UK "Non viable"

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Whats the deal with the Netherlands? I was aware there is some kind of financial slow down there but never really got past the headlines....

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A lot of UK stocks listed on LSE don't actually do much business on-shore. Rio Tinto mining would be a good example.

Are your UK stocks that are doing well domestic businesses?...

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Awesome work - I don't even know how to find outside IR35 roles in LI and here you've just automated it all. Best post on CUK in years!

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Screw the rate, finding a decent team is a minor miracle in itself these days. Congrats!

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https://www.bbc.co.uk/news/articles/cx2n215nqvyo

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And then they all pass around the latest gastro-flu bug. Not for me either!...

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Yep. In some sense the really big players look Micrsoft or Google know there will be a crash, but also know they will survive. So competing hard in AI could be a way for them to kill off the competition in the longer term.

Sold all AI stocks I own. Also sold all my bitcoin just as the current...

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I used to be able to afford a gardener until Labour put up NI rates!

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Once upon a time, NI made sense, when it literally was an insurance premium that paid out to the unfortunate few requiring support during unemployment or health care. But ever since it was just folded into the rest of taxation flowing to the exchequer, then yes, it really makes no sense.

...

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Could not agree more. My favourite bit is when everyone chops down a tree and then chucks it in the bin a week later....

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I knew the rates had changed, did not realize the threshold had too. The problem I have is that when I am busy with software engineering work, I find it hard to keep abreast of so many other things, let alone understand them and their impacts; I am pretty monotropic at times. Currently between contracts...

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For quite some time I have taken a directors salary of £750/month an paid zero NI.

Just got a letter from HMRC saying I owe them £252.62 in NI. Which took me by surprise. But then I checked the NI rates here: https://www.gov.uk/government/public...-national-insu...

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What sort of work do you do? Haven't had a call on the contractor bat phone for quite some time....

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Driving a 2002 Landcruiser 90 series - 240K miles on the clock. Just got its MOT, a perfect clean pass. Virtually no rust. Runs sweet as anything and I do all the servicing and almost all repairs myself. Reckon I will get another 240K miles out of it, so long as I give the engine intake a good clean...

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Yeah, thats sort of what I am wondering. Maybe it will likely work like this:

You pay X into your SIPP out of after tax earnings, dividend or PAYE does not matter. Now you owe (X - £2000) * 8% in NICs. HMRC is also going to give you back 20% to 40% to make the SIPP contribution tax free....

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https://www.independent.co.uk/news/u...-b2861194.html

"The chancellor is said to be preparing to cap the amount of someone’s salary that can be sacrificed for extra pension contributions before national insurance contributions are incurred to £2,000 a year."

Employee...

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Phone your credit card provider and report the card you used to book it as stolen so that it is invalidated. Car hire companies are sneaky and always try and get you to book with a credit card, because that somehow allows them to make additional charges on the card without the need for you to explicitly...

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Once is happenstance. Twice is coincidence. Three times is enemy action... Mr Bond! (Goldfinger)...

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No way in hell is that going to happen though - too big to fail! But I am sure the next crash will still shake out some of the dead wood even so.

I think next time a quicker bail out is more likely, as the "reaction function" is more primed since 2008....

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Public debt probably is not the problem, so much as private debt. Households have deleveraged since 2008, but business has not. If there is no demand for new credit in the economy, then the economy is not growing. Non-public debt overall is now way higher than even just prior to the great depression...