Emerging budget story, apparently focused on public sector workers (bottom left).
More here:
Budget to end stars’ ‘off-the-books’ pay | The Sunday Times
More here:
Budget to end stars’ ‘off-the-books’ pay | The Sunday Times
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PAYE+NICS rate on dividends for PSCsOriginally posted by jamesbrown View Post
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Interesting quote in the Mirror: "The reform means that workers will be given questionnaires by bosses to determine how they should be taxed." The headlines could, therefore, be misleading (e.g. revamped ESI vs. enforced on-payroll).Comment
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New dividends rate + corp tax gets to around to 50% tax anyway, very high as it is.Comment
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Full story:
Budget: George Osborne to launch crackdown on income tax loophole - Telegraph
Sounds quite similar to the idea mooted in the IR35 discussion document whereby the client (public sector employer) decides on status. If it's happening in the public sector now, it'll be in the private sector before long.Comment
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"An estimated 20,000 public sector workers reduce their income tax and national insurance bills by £3,500 each year"Originally posted by jamesbrown View Post
Chasing 70 mln when the annual hole in budget is 70 bln.
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BBC stars run to their accountants:
George Osborne to close tax loophole of staff being paid 'off the books' | Daily Mail OnlineComment
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Wednesday might be a bit more interesting that the last few budgets...Comment
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Depends on your definition of interesting...Originally posted by administrator View Post
I'd settle for boring after the various announcements made over the last 12 months.Comment
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How far do you think will Gideon might go with:
"Confirm plans to cut income tax for middle class workers and the low paid by raising the tax free allowance, and the 40p higher rate threshold."?Comment
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