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Chancellor’s contractor cash grab will cost UK £16.6bn, warns Danbro
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"The Government is planning to scrap tax relief on travel expenses for Britain’s army of contractors in a move that will cost each freelancer an average of £200 a week – totalling £16.6bn a year for the UK’s 1.6m contractors."
rate + expenses = cost to client
That's how I've always charged my clients, that's how I will continue. Any contractor claiming they assume the cost of travel themselves is not a real freelancer but a permie."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
How come it only raises £265m for the Treasury but costs contractors £16.6bn? Who's getting the rest?Will work inside IR35. Or for food.Comment
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Originally posted by VectraMan View PostHow come it only raises £265m for the Treasury but costs contractors £16.6bn? Who's getting the rest?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by VectraMan View PostHow come it only raises £265m for the Treasury but costs contractors £16.6bn? Who's getting the rest?
A survey conducted by Danbro found just 25 per cent of freelancers would take on a contract without tax relief expenses from April.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by VectraMan View PostHow come it only raises £265m for the Treasury but costs contractors £16.6bn? Who's getting the rest?I'm a smug bastard.Comment
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Originally posted by LucidDementia View PostPresumably the folk those expenses are paid out to....
Business's, in that area, lose out on all the income generated by the Monday to Friday travelling, contractor, crew.
The mans a genius I tell you .
I wonder how this all fits in with the Northern Powerhouse plans, oh, hang on....The Chunt of Chunts.Comment
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Originally posted by MrMarkyMark View PostExactly, so certain places, in the UK, will become basket cases, in the terms of technology, due to not being able to engage skilled staff.
Business's, in that area, lose out on all the income generated by the Monday to Friday travelling, contractor, crew.
I call bollocks on that article.Will work inside IR35. Or for food.Comment
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Originally posted by VectraMan View PostIt doesn't mention pie shops, Travelodges or brothels. It says it'll cost contractors £200 p.w. on average. And contractors will still need pie shops, Travelodges and brothels when they realise that they can still earn more contracting even after the changes.
I call bollocks on that article.Comment
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“This is putting the UK’s recovery at risk and I fear the Chancellor is sleepwalking into a potential catastrophe simply because he’s seen a quick way to grab some extra tax.”
I think they miss the point. This is not about money. It is about ideology. We are seen as glorified typists. We are seen as tax evading scum. As opposed to flexible dynamic resources.Comment
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