Originally posted by d000hg
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Reply to: Call for equality in COVID-19 support
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Previously on "Call for equality in COVID-19 support"
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Businesses are getting lots of support, generally.Originally posted by jamesbrown View PostNope, won’t be signing this.
Being in business means preparing for the bad times. You can’t have your profits taxed like a business and your losses socialised like a pseudo-employee.
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As I've said before when commenting on this "petition" it's going to do more harm then good.Originally posted by Scoobos View PostI cannot believe the brass neck of some of the comments on that petition.
"Unfortunately 80% of the salary I pay myself isn't sufficient to survive. The dividends I pay myself are within the laws of the government so I don't know why they are not taken into account? I feel I am being penalised for acting within letter of the law."
Your salary is what you should be taking to live on and pay your bills, dividends are there as a reward for the success you got from the risk you took...
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I cannot believe the brass neck of some of the comments on that petition.
"Unfortunately 80% of the salary I pay myself isn't sufficient to survive. The dividends I pay myself are within the laws of the government so I don't know why they are not taken into account? I feel I am being penalised for acting within letter of the law."
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The midget one gathers pace
Sent from my iPhone using Contractor UK Forum
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FTFY.Originally posted by jamesbrown View PostNope, won’t be signing this.
Being in business means preparing for the bad times. You can’t have your profits taxed like a business and your losses socialised like apseudo-employee.huge, failing company to be bailed out by the government.
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QuiteOriginally posted by ladymuck View PostThe government has put forward quite a comprehensive package that should help the majority of those that need it.
Now if you were saying that those on zero hours contracts are at risk and need help, then I'd wholeheartedly agree with you.
What I suspect you're getting het up about is that investment income (i.e. your monthly dividends paid regularly like a salary because you could never cope without a regular, guaranteed income) isn't falling under the 80% PAYE grant and you've spaffed all your earnings on a big house and a fancy car so have no savings to fall back on.
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The government has put forward quite a comprehensive package that should help the majority of those that need it.
Now if you were saying that those on zero hours contracts are at risk and need help, then I'd wholeheartedly agree with you.
What I suspect you're getting het up about is that investment income (i.e. your monthly dividends paid regularly like a salary because you could never cope without a regular, guaranteed income) isn't falling under the 80% PAYE grant and you've spaffed all your earnings on a big house and a fancy car so have no savings to fall back on.
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Nope, won’t be signing this.
Being in business means preparing for the bad times. You can’t have your profits taxed like a business and your losses socialised like a pseudo-employee.
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I won’t sign this - this is what warchests are for.
Mortgage holidays apply to everyone, so that will be a help to those people with one.
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Call for equality in COVID-19 support
If you agree that the current COVID-19 financial support measures are grossly unfair, please add your support by signing a petition to address this: http://chng.it/yTxvNPD4BT
@Moderators - this is my first post, I appreciate that embedding links might be frowned upon but please approve, this is an urgent matter impacting many of us.
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