Reply to: C*nts!!!!

[Mervalous]

Did I alos see something about £2k for small companies to offer training?

[Bluebird]

I would guess that to absorb the increase in CT, "legitimate" businesses will need to increases their prices to cover this additional overhead - so come next contract review - up your rate !

[BoredBloke]

"but the hike in CT will affect many many "legitimate" small buisnesses"

And more people work in the SME sector than for big business.

[Bluebird]

The full speech is on Shout99. I like this little nugget:

Changes I will announce later in this Budget will also improve the
position of the self employed. But I do need to act to deal with
individuals artificially incorporating as small companies to avoid
paying their due share of tax, a practise if left unaddressed would
cost the rest of the taxpaying population billions of pounds. And I
will take action in a way that will not raise the tax burden on the
self employed and small businesses overall.

note: my emphasis

but the hike in CT will affect many many "legitimate" small buisnesses

[BoredBloke]

"income tax down ??!?!?!?"

But no more 10p bracket.

[DimPrawn]

Can anyone tell me how one can work as a contractor without forming a Ltd Co? Is an umbrella really Brown's approved method? Or are we supposed to press clients to give us a contract of employment?

Yes. On the PAYE payroll of an agency. After all, you are just a temp employee. Pay up. It's only "fair"

[Euro-commuter]

The full speech is on Shout99. I like this little nugget:

Changes I will announce later in this Budget will also improve the
position of the self employed. But I do need to act to deal with
individuals artificially incorporating as small companies to avoid
paying their due share of tax, a practise if left unaddressed would
cost the rest of the taxpaying population billions of pounds.

Can anyone tell me how one can work as a contractor without forming a Ltd Co? Is an umbrella really Brown's approved method? Or are we supposed to press clients to give us a contract of employment?

[Burdock]

But I do need to act to deal with
individuals artificially incorporating as small companies to avoid
paying their due share of tax

Hang on, that's not us. We have to incorporate so employment agencies will deal with us. Or am I missing something?

[SallyAnne]

Corporation Tax going up - motherf*ckers!!

They're good this lot aren't they SA?

It's hardly enough to warrant such an outburst!

Corp tax is based on your profits, so you clearly have enough to pay it! And if you were a permie and paying tax "the proper way" you'd have to pay WAY more tax before you earned as much!

We get away with murder, and you all know it. So stop ya fricken whinging.

[lfc69]

income tax down ??!?!?!?

[wendigo100]

Nothing for the cheesemakers then?

[MrsGoof]

Hold on if they are unemployed why can't they look after their own children

they are too busy working (CIH), drinking gambling ASBOing etc..... to look after their offspring

[boredsenseless]

its ok he is helping out the unemployed even more:
13.06: Free child care for unemployed parents extended.

Hold on if they are unemployed why can't they look after their own children

[boredsenseless]

Maybe the rise in small biz corp tax is a replacement for IR35.

Well it does narrow the difference somewhat.

[Ivor1]

The full speech is on Shout99. I like this little nugget:

Changes I will announce later in this Budget will also improve the
position of the self employed. But I do need to act to deal with
individuals artificially incorporating as small companies to avoid
paying their due share of tax, a practise if left unaddressed would
cost the rest of the taxpaying population billions of pounds. And I
will take action in a way that will not raise the tax burden on the
self employed and small businesses overall.

note: my emphasis

Brown is a Tw*t