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Reply to: NI Raise to be scrapped..
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Previously on "NI Raise to be scrapped.."
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One wonders if IPSE will have the nouse to use this. If they can make all these 'attacks' on the flexible work force pay off the same thing then maybe the treasury will look elsewhere for the tax it needs. But with that idiotic manifesto I'm not sure where. Doesn't the manifesto also have a commitment to remain in the single market?
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Exactly - you don't pay VAT as a 'worker'.Originally posted by Lost It View PostTBH I was thinking, if the benefit of being self employed reach such a stage that it isn't "worth" it then the Chancellor would have an even larger hole in his tax system because he'd "lose" all the free VAT collecting we all do for HMRC.
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LOL I doff my cap to you noticing 7 minutes before me.Originally posted by SueEllen View PostYou are a bit slow - http://forums.contractoruk.com/gener...ic-u-turn.html
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It is also relevant to self-employed gladiators, radiator bleeders and chutney spoon salespersons.Originally posted by SueEllen View PostI posted it in General because it is both economic and political in nature.
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All this fuss and bluster *might* be good news for the contracting sector in the short term (putting the off-payroll stuff to one side). Spreadsheet Phil may now steer clear of messing around with the "flexible workforce" as he's now been burnt trying to meddle.
Autumn budget will be interesting.
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Simple solution start a tax on workers.Originally posted by Lost It View PostTBH I was thinking, if the benefit of being self employed reach such a stage that it isn't "worth" it then the Chancellor would have an even larger hole in his tax system because he'd "lose" all the free VAT collecting we all do for HMRC.
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TBH I was thinking, if the benefit of being self employed reach such a stage that it isn't "worth" it then the Chancellor would have an even larger hole in his tax system because he'd "lose" all the free VAT collecting we all do for HMRC.
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That means they'll have to make up for loss of tax with increased taxes on what they did not mention in manifesto - like dividends...
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I posted it in General because it is both economic and political in nature.Originally posted by northernladuk View PostAnd last to the party and in the wrong part of the forum is
http://forums.contractoruk.com/busin...or-u-turn.html

To be fair though.. Posting it in General?? That doesn't count.
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Originally posted by SueEllen View PostYou are a bit slow - http://forums.contractoruk.com/gener...ic-u-turn.html
And last to the party and in the wrong part of the forum is
http://forums.contractoruk.com/busin...or-u-turn.html

To be fair though.. Posting it in General?? That doesn't count.
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NI Raise to be scrapped..
Plan to increase National Insurance scrapped - BBC News
More info will appear shortly one would presume.
Not a major thing in the grand scheme of things but every little helps. (until they take it by other means..)Tags: None
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