Daily Mail - All is Forgiven

[d000hg]

Some of us get paid more but I was told we don't do it for the the money but the freedom from annual reviews and control of our own destinies which offsets the holiday/sick pay and job security (yeah right) negatives

Sarcasm aside, how are low-earning self-employed and business owners going to be hit? And is it reasonable to lump self-employed and business owners together when they work through very different tax systems? What are the specific changes for both cases, which we're expecting?

[Platypus]

Whatever the Chancellor does, the self-employed would be harder-hit under Labour, so this won't be a vote-loser.

It's poor that Labour doesn't really get that hitting wealth & job creators will just disincentivise them. I suppose they still think that everyone should be employed by the honest-and-true public sector and not the tax-avoiding scumbags of the private sector.

[d000hg]

Whatever the Chancellor does, the self-employed would be harder-hit under Labour, so this won't be a vote-loser.

Labour generally, or Corbyn?

If this government are making it worse than the previous Labour government did, maybe a new LAbour government would focus on taxing the rich not specifically the non-employed?

[jamesbrown]

maybe a new LAbour government would focus on taxing the rich not specifically the non-employed?

They'd focus on increasing the "non-employed" and then taxing everything that moves (the two things not being unrelated).

[LondonManc]

The problem with the Tories/HMRC is that they'll simple end up increasing the current problem of fewer people paying in and more people taking out.

What's the point of catching 5,000 people with higher tax bills when you've suddenly had 15,000 exit public sector, go on the dole and claim everything that goes with that? Complete lack of joined up thinking and a lower overall tax break. Even Suity and Wilmslow wouldn't cock it up this much.

[vetran]

Labour generally, or Corbyn?

If this government are making it worse than the previous Labour government did, maybe a new LAbour government would focus on taxing the rich not specifically the non-employed?

New Lie opened the Bob floodgtes. They took up IR35. Its difficult to see how a new Labour government would be any better.

Tax Burden is the highest for 30 years and people are paying it. If Labour's politics of envy were allowed most of the big fish would move abroad leading to the lower downs paying more tax.

What this Government needs to do is stop hemorrhaging money.

[VectraMan]

What's the point of catching 5,000 people with higher tax bills when you've suddenly had 15,000 exit public sector, go on the dole and claim everything that goes with that? Complete lack of joined up thinking and a lower overall tax break. Even Suity and Wilmslow wouldn't cock it up this much.

Surely everyone in the public sector earns more than they do on the dole so that's a win.

But with Brexit the one thing nobody should be worrying about is public sector jobs. Clearly we're going to need a load more people in the public sector, which in turn means a load less to pay for everything.

[LondonManc]

Surely everyone in the public sector earns more than they do on the dole so that's a win.

But with Brexit the one thing nobody should be worrying about is public sector jobs. Clearly we're going to need a load more people in the public sector, which in turn means a load less to pay for everything.

If you're going from 20,000 outside to 5,000 outside and the rest taking dole to avoid retrograb, then in theory you're generating 10k extra for the 5,000 but losing 15,000 lots of tax that was being paid at the outside IR35 level plus having to provide these people with social support.

What a tax win. It's like becoming a millionaire by ceasing to be a billionaire.

[d000hg]

Who are all these people who are going to go on the dole - PS contractors or other people? Why are they doing that and where is this information coming from; is it legit from a recognised source or total supposition from a few on CUK?

[LondonManc]

Who are all these people who are going to go on the dole - PS contractors or other people? Why are they doing that and where is this information coming from; is it legit from a recognised source or total supposition from a few on CUK?

It's me giving an example of what could happen. Then again, if they have their head in the sand, HMRC could well bring in the amount that we thought was a fantasy via a retrograb.