Just so I get it right Just so I get it right - Page 3
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  1. #21

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    OwlHoot - scorchio!

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    Quote Originally Posted by NotAllThere View Post
    It (IR35) was never really a political thing, it was something the treasury had been trying for years, but Thatcher and Major knocked back. It was only the inexperience of New Liebor that permitted it to be attempted.
    and the obstinate, donkey-like stupidity of Dim Prawn, AKA Dawn Primarolo
    Work in the public sector? Read the IR35 FAQ here

  2. #22

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    Quote Originally Posted by SueEllen View Post
    Time to leave the CUK and become President of the Isle of Man I think.
    FTFY

  3. #23

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    Quote Originally Posted by d000hg View Post
    Spouting terms like "double taxation" is misleading. If I tax you 10%, then 10% again on what's left that's double taxation. But that's better than being taxed once at 20%... so the fact it's double taxation alone is meaningless.
    How about we put things in context: money are taxed at 20% and then at 38.1%, that's pretty fooking loads given that top end income tax rate is 45%.

    If it was 10% and 10% again then that would be fine even if it's double taxation, it's not fine when combined total is well over highest rate of income tax.

  4. #24

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    PurpleGorilla - scorchio!

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    Quote Originally Posted by AtW View Post
    How about we put things in context: money are taxed at 20% and then at 38.1%, that's pretty fooking loads given that top end income tax rate is 45%.

    If it was 10% and 10% again then that would be fine even if it's double taxation, it's not fine when combined total is well over highest rate of income tax.
    It is a shocker, you are still quids in compared to a permie though.

  5. #25

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    Quote Originally Posted by AtW View Post
    How about we put things in context: money are taxed at 20% and then at 38.1%, that's pretty fooking loads given that top end income tax rate is 45%.
    So pay yourself a salary instead then.

    And CT is dropping year by year.
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  6. #26

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    Quote Originally Posted by OwlHoot View Post
    and the obstinate, donkey-like stupidity of Dim Prawn, AKA Dawn Primarolo
    That woman is one of the few politicos I loathe with a deep and abiding passion.
    Hard Brexit now!
    #prayfornodeal

  7. #27

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    Quote Originally Posted by d000hg View Post
    So pay yourself a salary instead then. And CT is dropping year by year.
    СT was dropping to make UK more competitive, I'd prefer if they kept it at 28% and 40% income tax band.

    If Liebor increased dividend tax then it would be understood, but Cons doing it is total betrayal of entrepreneurship.

    I ain't much for begging! Nobody ever gave me nothing! So I say ****** that thing! Let's fight it!

  8. #28

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    Quote Originally Posted by AtW View Post
    If Liebor increased dividend tax then it would be understood, but Cons doing it is total betrayal of entrepreneurship. d
    Given that you aren't hit hard by the new rules until you're already earning quite a lot, really? By the time you start paying a lot more you are already earning far more than you would as a permie so this is not a deterrent to real entrepreneurs.

    As I said - take a salary if you don't like dividends and CT. Your salary will offset your CT

    You encourage business by helping companies to be successful, not just by giving share-holders a sweet deal. Now whether the government is doing that either, is a different question Apparently Brexit means huge opportunities for UK companies
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  9. #29

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    Quote Originally Posted by PurpleGorilla View Post
    It is a shocker, you are still quids in compared to a permie though.
    I am a permie.

  10. #30

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    Quote Originally Posted by d000hg View Post
    You encourage business by helping companies to be successful, not just by giving share-holders a sweet deal. Now whether the government is doing that either, is a different question Apparently Brexit means huge opportunities for UK companies
    Successful business is the one that makes lots of profit, otherwise it's not a successful business.

    If shareholders are not getting a sweet deal, then why would they invest?

    The real annoyance is that shareholders from OUTSIDE of UK are getting nice sweet deal with low CT, but UK shareholders are fooked because they are mugs enough to be robbed by Tory Scum.

    For most companies Brexit is going to be real tulip.

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