Labour tax manifesto Labour tax manifesto - Page 16
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  1. #151

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    Quote Originally Posted by Platypus View Post
    You mean, like the postal vote in Peterborough? It's odd and I can see it being repeated.
    Nice dog whistle.
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  2. #152

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    Quote Originally Posted by tomtomagain View Post
    Only to 26%? I admire your optimism.

    On the plus side. Everything will be free and it will be "fair".
    To be fair, if profits are less than 300k it only goes up to 21%

    Effectively bringing in tax bands for Corp tax again rather than one rate for all.

  3. #153

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    Quote Originally Posted by Snarf View Post
    To be fair, if profits are less than 300k it only goes up to 21%

    Effectively bringing in tax bands for Corp tax again rather than one rate for all.
    And to be fair, companies faced with a major hike in CT will either move their profits to somewhere more sensible or simply pass the extra costs on to their clients. Neither of which will achieve the intended purpose of the rate rise.
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  4. #154

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    Quote Originally Posted by malvolio View Post
    And to be fair, companies faced with a major hike in CT will either move their profits to somewhere more sensible or simply pass the extra costs on to their clients. Neither of which will achieve the intended purpose of the rate rise.
    Yeah, that might happen. Then again our CT rate is already higher than Ireland and not everyone is jumping ship.

    I was of course originally talking about how CT rate increases would affect us as contractors.

  5. #155

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    Quote Originally Posted by Snarf View Post
    Yeah, that might happen. Then again our CT rate is already higher than Ireland and not everyone is jumping ship.

    I was of course originally talking about how CT rate increases would affect us as contractors.
    Post IR35, CT is the least of our worries...
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  6. #156

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    Quote Originally Posted by Snarf View Post
    Yeah, that might happen. Then again our CT rate is already higher than Ireland and not everyone is jumping ship. I was of course originally talking about how CT rate increases would affect us as contractors.
    In the UK only small/medium companies pay full CT, it's optional for the big multinationals, who'll have subsidiaries in Ireland (or Luxembourg) through which they'll bill.

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