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Type: Posts; User: Nazaire99

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  1. Contract/FTC rates are low because the market is...

    Contract/FTC rates are low because the market is bad. I've taken an FTC for the time being - perhaps the market in six months will be better? Anyway, why would working permie or on an FTC force you...
  2. The idea that McCorbyn and their gang of...

    The idea that McCorbyn and their gang of extremists can be reigned in with a coalition is ludicrous. The SNP would be more than happy with a Labour government causing chaos because it would make...
  3. The idea that McCorbyn and their gang of...

    The idea that McCorbyn and their gang of extremists can be reigned in with a coalition is ludicrous. The SNP would be more than happy with a Labour government causing chaos because it would make...
  4. Absolutely agree. Even if Labour abolished IR35...

    Absolutely agree. Even if Labour abolished IR35 changes to dividend taxation would apart from certain limited circumstances almost completely negate its benefit. I've worked out effective rates of...
  5. Mcdonnell is saying and doing all he can to gain...

    Mcdonnell is saying and doing all he can to gain power. First he has a "fully costed" manifesto and then when the polls didn't improve pledged another £58 billion to buy the votes of the so called...
  6. So you are seriously suggesting that Jeremy...

    So you are seriously suggesting that Jeremy Corbyn is a social democrat? And there is me thinking he is a Marxist. Certainly Mcdonnell is - he is on record saying that he is. He has also said that he...
  7. I went to Germany in 1990, not long after the...

    I went to Germany in 1990, not long after the fall of the Berlin Wall. West Germany was a land of BMWs, Audis and Mercedes. A land of competition where weak companies with bad ideas, execution or...
  8. That's a great post. I wonder how many...

    That's a great post.

    I wonder how many prospective Labour voters (and let's face it McCorbyn is very hostile to entrepreneurship) will draw the connection between things they use in everyday life...
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    Yeah sorry. Whether Labour get in or their...

    Yeah sorry. Whether Labour get in or their competence to rule is slightly relevant to IR35.
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    Nice try but the nordic countries have a free...

    Nice try but the nordic countries have a free market system coupled with high levels of taxation.

    Taking Sweden as an example, there are upfront fees to see a doctor. Also, there are plenty of...
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    I don't hold a brief for the Conservative party,...

    I don't hold a brief for the Conservative party, but aren't they committed to raising the minimum wage to £10.50? That means that no full time worker will earn less than 2/3rd of the median salary....
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    Venezuela used to be one of the richest countries...

    Venezuela used to be one of the richest countries in South America, at least on a par with South European countries. It has been completely ruined, both economically and socially by left wing...
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    Well said. I visited Romania in 1979 when I was...

    Well said. I visited Romania in 1979 when I was 10. What a miserable run down place it was, even in the resort we were staying. What was really striking was that the people were all so sullen,...
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    Your calculation for the effective "tax rate" of...

    Your calculation for the effective "tax rate" of NI isn't correct. Lets say, you pay a basic rate tax payer an extra £100. The £100 will be subject to a stoppage of £12 Employees NI (EeNI) leaving 88...
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    I could spend a week explaining why Labour's...

    I could spend a week explaining why Labour's policies aren't going to work but no amount of evidence gained from 100 years of the failure of socialist economics is likely to persuade you. I visited...
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    If you believe that vote Labour - it's a free...

    If you believe that vote Labour - it's a free country. Just don't expect to be able to vote them out when the economy goes down the toilet.
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    That isn't what I said. I said that Labours tax...

    That isn't what I said. I said that Labours tax plans are a con because it doesn't make you any better off.
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    Labour aren't proposing to align dividend tax...

    Labour aren't proposing to align dividend tax with income tax, except superficially. Under their proposals dividends will be double taxed. First profits will be subject to corporation tax and then...
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    In general terms, unless you earn very little you...

    In general terms, unless you earn very little you are better off if the Tories win and keep IR35 than if Corbyn becomes PM and abolishes it.

    Labour also have other proposals such as abolishing...
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    See...

    See https://www.contractoruk.com/forums/the-future-of-contracting/135316-labour-raise-dividend-tax-7-5-20-a-2.html#post2702365, for some calculations of divi vs PAYE tax rates under Labour.

    Once...
  21. Labour can nationalise, but they will have to pay...

    Labour can nationalise, but they will have to pay a fair price. A price "determined by Parliament" doesn't cut it. Thing is Mcdonnell is almost gleeful about underpaying for assets. He is out to...
  22. Labour have deliberately been vague about this....

    Labour have deliberately been vague about this. After all, they want people to believe that only the top 5% of wage earners will be worse off if they get into power.

    This is of course complete...
  23. Labour dividend tax rates for small business

    Labour will be doing 2 things with respect to small companies and dividends:
    1) Raising corporation tax rate from 19% to 21%
    2) Equalising tax treatment of dividends with income tax

    Regarding...
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    This is water under the bridge. This has been...

    This is water under the bridge. This has been persued (unsuccessfully) by the No To Retro Tax group. There was also an unsuccessful Judicial Review into the legality of the retrospection.
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    Once you receive a Follower Notice you basically...

    Once you receive a Follower Notice you basically have two choices:
    1. Take the "corrective action". That is accept that the Follower Notice applies and settle with HMRC. This will involve paying the...
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