Can someone let me know the gist of the PBR please? I was at my work Christmas Lunch and I've missed everything.
- 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!
PBR: I was out drinking and missed everything
Collapse
X
-
-
KEY POINTS
National Insurance up by a further 0.5% from April 2011
Economy to shrink by worse than expected 4.75% this year
New 50% tax on banker bonuses
Household boiler scrappage scheme
1p rise in corporation tax for small firms scrapped
Tax rebates for electric cars and wind turbines
Bingo duty falls from 22% to 20%
State pension to rise by 2.5% next year
More help for young unemployed -
Originally posted by norrahe View PostKEY POINTS
National Insurance up by a further 0.5% from April 2011
Economy to shrink by worse than expected 4.75% this year
New 50% tax on banker bonuses
Household boiler scrappage scheme
1p rise in corporation tax for small firms scrapped
Tax rebates for electric cars and wind turbines
Bingo duty falls from 22% to 20%
State pension to rise by 2.5% next year
More help for young unemployedComment
-
Originally posted by norrahe View PostKEY POINTS
National Insurance up by a further 0.5% from April 2011
Economy to shrink by worse than expected 4.75% this year
New 50% tax on banker bonuses
Household boiler scrappage scheme
1p rise in corporation tax for small firms scrapped
Tax rebates for electric cars and wind turbines
Bingo duty falls from 22% to 20%
State pension to rise by 2.5% next year
More help for young unemployedAnd what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
-
Sounds like a big nothing then! Most things are delayed until 2011 when the Tories will be in power anyway and will fix everything.
Thanks for filling me in. I'm going to read the rest of the Internet now for the remainder of the afternoon.
Hic!Cats are evil.Comment
-
Originally posted by swamp View Post..when the Tories will be in power anyway and will fix everything.Comment
-
Originally posted by NickFitz View Post
However, I have news:
http://www.hmrc.gov.uk/pbr2009/pbrn33.pdf
"Computer and IT consultancy or data processing 13[%]"
Back to where it was. I said it would go to 14% and I was wrong.Cats are evil.Comment
-
Originally posted by swamp View PostSounds like a big nothing then! Most things are delayed until 2011 when the Tories will be in power anyway and will continue the mess that the one eyed snot goblin started
Comment
-
Originally posted by swamp View PostI admit this is a tad optimistic...
However, I have news:
http://www.hmrc.gov.uk/pbr2009/pbrn33.pdf
"Computer and IT consultancy or data processing 13[%]"
Back to where it was. I said it would go to 14% and I was wrong.Comment
-
Originally posted by Mich the Tester View PostCue all bankers setting up as contractors.
The bonus tax is a one off measure for bonuses paid out by banks between now and April 5th 2010. I haven't read the section of the PBR that details how this will actually work in practice, yet.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
Comment