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LibDem the Tax Cutting Govt?

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    LibDem the Tax Cutting Govt?

    With the LibDems now shouting that they are the Tax Cut party, anyone seen them say anything about the likes of us?

    The only thing I found was this
    Politicians are wonderfull people, as long as they stay away from things they don't understand, like working for a living!

    #2
    Originally posted by portseven View Post
    With the LibDems now shouting that they are the Tax Cut party, anyone seen them say anything about the likes of us?

    The only thing I found was this
    That's remarkably sensible.

    Seeing as Vince Cable is my MP I might write him a letter commending him on that stance.
    ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

    Comment


      #3
      Reads to me like they will keep IR35 and raise the expenses limit from £5K.

      Stick with the tories, you know it makes sense...
      Older and ...well, just older!!

      Comment


        #4
        That's how I took it also. So your expenses can go up from the 5k but the rest would still be PAYE.
        Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.

        I preferred version 1!

        Comment


          #5
          Originally posted by portseven View Post
          With the LibDems now shouting that they are the Tax Cut party, anyone seen them say anything about the likes of us?

          The only thing I found was this
          It all sounded quite promising at first, but when they were pressed on the detail it appears that they are set on really hammering the super-wealthy (i.e. those that pay tax in the 40% band as that, apparently, accounts for only 10% of the country's taxpayers!!) If their figures are that far out it is scarcely worth listening to them.
          “The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”

          Comment


            #6
            Originally posted by TonyEnglish View Post
            That's how I took it also. So your expenses can go up from the 5k but the rest would still be PAYE.
            develop new rules that will allow specialist contractors to properly charge reasonable and legitimate expenses against their pre-tax income.
            I would welcome this - as long as I didn't have the expense of running a Ltd too.

            No more employers NI, no more CT, just a tax on the income you make minus the expenses you have generating that income.

            Seems to be the most equitable way of taxing that income. You obviously end up paying more personal tax, but I can't be bothered to work out what the break even contract rate would be.
            ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

            Comment


              #7
              Originally posted by Moscow Mule View Post
              I would welcome this - as long as I didn't have the expense of running a Ltd too.

              No more employers NI, no more CT, just a tax on the income you make minus the expenses you have generating that income.

              Seems to be the most equitable way of taxing that income. You obviously end up paying more personal tax, but I can't be bothered to work out what the break even contract rate would be.
              Sounds like self-employment to me...
              Older and ...well, just older!!

              Comment


                #8
                The next thing we will hear is that New Lie are cutting taxes. After all, the election is lost so they may as well continue to try to bribe the electorate for damage limitation, to the cost of the next Tory government and the taxpayer after 2010.

                Comment


                  #9
                  Fair enough, its there in black and white, in print etc....

                  But do you really believe any of it?
                  Who has time? Who has time? But then if we do not ever take time, how can we ever have time?

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