Originally posted by OwlHoot
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!
Reply to: Excluded - final throw of the dice
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Excluded - final throw of the dice"
Collapse
-
Originally posted by OwlHoot View PostI reckon these bounce back loans and top ups will lead to a huge wave of insolvencies in a few years, when it dawns on some directors that it isn't "free money" but taxable if/when they take it out of the company as income and dividends!
At least, I presume it is taxable (assuming the director goes over their annual allowance).
How I see it, they wanted to keep people happy so they bought the silence of employees and self employed etc.
Small business owners can’t cause too much damage to the ecosystem(as opposed to large business owners who received good aid) and are fairly used to how the world works, so they were left to their own means.
It was never a question of fairness, pretty much everything of capitaism is the opposite of what it says on the can.
Leave a comment:
-
I reckon these bounce back loans and top ups will lead to a huge wave of insolvencies in a few years, when it dawns on some directors that it isn't "free money" but taxable if/when they take it out of the company as income and dividends!
At least, I presume it is taxable (assuming the director goes over their annual allowance).
Leave a comment:
-
Classic today
https://twitter.com/gmb/status/1331887901248983045?s=12
Chancellor puts it to bed once and for all
Sent from my iPhone using Contractor UK Forum
Leave a comment:
-
-
Leave a comment:
-
-
The Guardian is worried that Tory scum will tax “the rich” before Labour gets there, so that there won’t be easy wins for Labour
Leave a comment:
-
The message for the "excluded" was something about quit yer whining.
Cutting overseas aid, freezing ps pay.
Maybe they'll u-turn on VAT/income tax/NI afterall.
Leave a comment:
-
Originally posted by jamesbrown View PostI doubt it will. Scotland is gone, one way or another, on some timeframe or another, which means no more Labour gov'ts in England until they completely reinvent themselves and eliminate most of the lefties.
Leave a comment:
-
Originally posted by SueEllen View PostIf he's canny he will change the union to give the Scottish, Welsh and NI more say. Then the IndyRef will fail.
Leave a comment:
- 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
Leave a comment: