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Summer budget 2015

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    Summer budget 2015

    Let's start with this.

    https://www.gov.uk/government/upload...Accessible.pdf

    On your marks, get set, ...
    Best Forum Adviser & Forum Personality of the Year 2018.

    (No, me neither).

    #2
    7.5% on dividends now - ltd companies hit now.
    The more u work and more u earn the more u get punished. Best stay on benefits.

    Comment


      #3
      Originally posted by StrengthInNumbers View Post
      7.5% on dividends now - ltd companies hit now.
      The more u work and more u earn the more u get punished. Best stay on benefits.
      Indeed..an utterly dreadful budget for Freelancers and Ltd Cos...

      Tories lost the plot and say one thing and do the other...only consolation is my conscientious is clear I didn't vote for the shower of shysters!
      http://www.dotas-scandal.org LCAG Join Us

      Comment


        #4
        Isn't corporation tax dropping though?

        Also £7.2bn to be raised from clampdown on tax avoidance and tax evasion with HMRC budget increased by £750m

        Comment


          #5
          Originally posted by bluemonkey71 View Post
          Isn't corporation tax dropping though?

          Also £7.2bn to be raised from clampdown on tax avoidance and tax evasion with HMRC budget increased by £750m
          And if you think that means Starbucks, Google or Vodafone, think again. It means YOU mofo !
          When freedom comes along, don't PISH in the water supply.....

          Comment


            #6
            Originally posted by bluemonkey71 View Post
            Isn't corporation tax dropping though?

            Also £7.2bn to be raised from clampdown on tax avoidance and tax evasion with HMRC budget increased by £750m
            lol...your George Osborne and I claim my £10 the clue is in your name...blue
            http://www.dotas-scandal.org LCAG Join Us

            Comment


              #7
              Originally posted by TestMangler View Post
              And if you think that means Starbucks, Google or Vodafone, think again. It means YOU mofo !
              I'm sure if we gave well paid directorships to MPs, we would be aloud to perform aggressive tax avoidance like those multinationals the government is so intent on letting HMRC give sweetheart deals
              Socialism is inseparably interwoven with totalitarianism and the abject worship of the state.

              No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.

              Comment


                #8
                Found this in the Budget Report;
                1.175
                To improve tax compliance among small businesses,
                the government will legislate
                to give HMRC the power to acquire data from online business intermediaries and
                electronic payment providers to help identify businesses that are trading but not
                declaring or paying tax
                . HMRC will consult on these proposals in July 2015
                and

                1.180
                The government recognises that many individuals choose to work through their own
                limited company. However, where people would have been employees if they were providing
                their services directly, anti

                avoidance legislation commonly known as IR35 introduced in 2000
                requires that they pay broadly the same tax and National Insurance as other employees. As
                highlighted by reports from the Office of Tax Simplification and the House of Lords, it is clear
                that IR35 is not effective enough. Non

                compliance in this area is estimated to cost over £400
                million a year.
                1.181
                The government has asked HMRC to start a dialogue with business on how to
                improve the effectiveness of existing IR35 legislation
                .
                The government wants to find a
                solution that protects the Exchequer and improves fairness in the system.
                I couldn't give two fornicators! Yes, really!

                Comment


                  #9
                  Originally posted by LandRover View Post
                  lol...your George Osborne and I claim my £10 the clue is in your name...blue
                  close but no cigar

                  Comment

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