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Who is your first pick in the deputy leadership race? This poll is closed. |
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| R. Allin-Khan |
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6 | 1.60% |
| R. Burgon |
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80 | 21.33% |
| D. Butler |
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72 | 19.20% |
| A. Rayner |
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35 | 9.33% |
| I. Murray |
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5 | 1.33% |
| P. Flaps |
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177 | 47.20% |
| Total: | 375 votes | ||
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Swap the milk for egg.
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Mar 26, 2020 21:47
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| # ? May 25, 2024 02:24 |
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while i did appreciate exiting the shower to applause from around the neighbourhood (as usual) can't help but feeling:hemale in pain posted:e: i guess it's easier shouting for the nhs than it is voting for a government which doesn't cut their budget
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Mar 26, 2020 21:48
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I wonder if the Baileys factory is considered essential?
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Mar 26, 2020 21:49
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Hilariously, this has now morphed into "we didn't get the email" once they've been criticised enough about it. https://www.bbc.co.uk/news/uk-politics-52052694
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Mar 26, 2020 21:51
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Camrath posted:My cool cats don’t know wtf is happening.
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Mar 26, 2020 21:51
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Maybe I’ve mellowed but this guy scamming a grand a month or whatever off of the taxman PALES INTO loving INSIGNIFICANCE COMPARED TO JRM SHORTING THE POUND AND AMAZON/A HIGH STREET’S WORTH OF YANK COFFEE SHOPS NOT PAYING TAX GETTING YOU RAT ON YOUR NEIGHBOUR IS WHAT TORIES DO TO FEED “WE DONT WANT ANYONE TO GET SOMETHING THEY ARE NOT ENTITLED TO HERE YOU GO EVERYONE IT’S UNIVERSAL CREDIT TIME!”
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Mar 26, 2020 21:51
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OwlFancier posted:Swap the milk for egg. Also had two eggs in the mix.
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Mar 26, 2020 21:53
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learnincurve posted:Maybe I’ve mellowed but this guy scamming a grand a month or whatever off of the taxman PALES INTO loving INSIGNIFICANCE COMPARED TO JRM SHORTING THE POUND AND AMAZON/A HIGH STREET’S WORTH OF YANK COFFEE SHOPS NOT PAYING TAX I think I agree with this but I also don't know what it is.
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Mar 26, 2020 21:57
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learnincurve posted:Maybe I’ve mellowed but this guy scamming a grand a month or whatever off of the taxman PALES INTO loving INSIGNIFICANCE COMPARED TO JRM SHORTING THE POUND AND AMAZON/A HIGH STREET’S WORTH OF YANK COFFEE SHOPS NOT PAYING TAX Have you been drinking?
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Mar 26, 2020 22:05
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So we missed out on an additional 5,000 ventilators because the Tories dragged their feet on giving the ok on the order. I'm sure it's fine though, not like there's any emergency pandemic going around they could have been used for: https://thenantwichnews.co.uk/2020/03/24/nantwich-firm-blasts-government-over-delay-after-offering-5000-ventilators/ quote:A Nantwich firm which helped source thousands of critical ventilators for COVID-19 patients in the UK, hit out at the Government after it delayed on the deal too long and lost them. Roller Coast Guard fucked around with this message at 22:13 on Mar 26, 2020 |
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Mar 26, 2020 22:07
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Jedit posted:Have you been drinking? have you not?
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Mar 26, 2020 22:07
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Azza Bamboo posted:If this goes on long enough and we don't cause a famine, does that not risk exposing just how little overall labour is required to uphold a bare minimum standard of living?
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Mar 26, 2020 22:07
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Roller Coast Guard posted:So we missed out on an additional 5,000 ventilators because the Tories dragged their feet on giving the ok on the order. I'm sure it's fine though, not like there's any emergency pandemic going around they could have been used for: quote:I am incredibly frustrated with the British Government and the current ‘manana’ attitude.  Also the Tories are murderers.
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Mar 26, 2020 22:13
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Azza Bamboo posted:If this goes on long enough and we don't cause a famine, does that not risk exposing just how little overall labour is required to uphold a bare minimum standard of living? Not really, no, because there's upholding in the short term and fending back entropy over the long term, as well as, you know, improving things, not to mention the massively interconnected nature of things. It is a timely reminder to the cosseted middle class just how much their jobs don't loving matter, of course, but the lesson they're likely to take from that is almost certainly going to be "UBI and infinite leisure for us, continuing wage slavery for the little people".
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Mar 26, 2020 22:19
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Julio Cruz posted:oh cool everyone does it, that makes it OK then The absolute loving state of you and Communist Thoughts. Did you not read the part where I said 'I don't pay that so I can afford to pay the bigger Tax bill from Corporation/Dividend Tax?' How much do you think I'm pulling a year? We are the people who Freelance, we have no sick pay, no holiday pay, Health benefits: I have no work (like the last month) I have to sit at home applying everywhere, and all the rest. I still put my NI in & I probably paid more tax than you did last year so don't ever come at me with this 'think about the NHS' bullshit. I'm not your enemy here, it's all those offshore corporations that pay dick all tax that are. gently caress you.
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Mar 26, 2020 22:21
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Julio Cruz posted:oh cool everyone does it, that makes it OK then Oh good, this bullshit again. The actual tax implications of working through a limited company are minimal, and played up to set people at each others throats like this.
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Mar 26, 2020 22:22
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Yeah I can't give a gently caress about someone who probably isn't buying a private dinghy let alone a yacht skirting the edges of the tax code. Let's
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Mar 26, 2020 22:28
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RockyB posted:Oh good, this bullshit again. The actual tax implications of working through a limited company are minimal, and played up to set people at each others throats like this. I know nothing about this, so, genuinely, what are the reasons to do/not do it this way?
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Mar 26, 2020 22:31
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Jedit posted:Have you been drinking? Yup Liquid anger at the way capitalism has trained people to bootlick the rich and pretty who hoard all the money and resources, and act all petty and vindictive towards a neighbour who might have a little bit more than them. Also Morrisons gin with orange and rhubarb liquor which tastes oddly like the cough medicine the doctor gave you as a child in the 1980s.
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Mar 26, 2020 22:31
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although it will be very very funny watching the white van right wingers utterly lose their poo poo on twitter when they read the sun in the morning and realise what’s just happened to them.
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Mar 26, 2020 22:37
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If you do the 'standard' small business salary and dividends, then the dividends come out of profits which incur 20% tax before(that's the Corporation tax part). It is a small amount of NI that is missed, certainly not £1000s unless you are a consultant with £1000+ a day fees. Missed NI also screws you long term for pension/benefits so it's probably not the best plan for what amounts to a few hundred pounds over a year. It used to be a big difference 15 years or so ago when Gordon Brown changed it so the tax for small companies was only 10%, but the Tories prefer only companies that make over 10 million profit a year (and donate to them) get to pay less tax, and so they changed it to 20%. The new dividend tax also makes it even less difference, as you now get to pay an extra 5% on top, which is almost the same as the NI that you would pay, but again without the pension/unemployment credit.
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Mar 26, 2020 22:38
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Goldskull posted:The absolute loving state of you and Communist Thoughts. Did you not read the part where I said 'I don't pay that so I can afford to pay the bigger Tax bill from Corporation/Dividend Tax?' How much do you think I'm pulling a year? If you paid yourself a larger salary and smaller dividend, that would magically reduce both your corporation tax bill and dividend tax bill.  But yeah, it's much less tax beneficial than it used to be back in the day, so I'm inclined to agree that there are many more deserving targets in the world today.
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Mar 26, 2020 22:40
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Goldskull posted:How much do you think I'm pulling a year? Goldskull posted:I probably paid more tax than you did last year getting some real loving mixed messages up in here and no, just because other people are doing it worse does not in fact mean that you doing it is OK you can't decide you're going to exploit the gently caress out of the system and then cry foul the immediate second you're not benefiting like you once were
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Mar 26, 2020 22:43
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learnincurve posted:although it will be very very funny watching the white van right wingers utterly lose their poo poo on twitter when they read the sun in the morning and realise what’s just happened to them. Surely the press will be all ARE PRINCE being sick GOD LUV IM and being a total DOFF CAP gent about it.
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Mar 26, 2020 22:44
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Guavanaut posted:So are foreign accents banned in post-Brexit Britain or is a 'manana' what we're calling those bendy bananas now? Since Brexit those fancy "n"'s are strictly forbidden
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Mar 26, 2020 22:45
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Poppy buming it is then.
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Mar 26, 2020 22:46
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Niric posted:I know nothing about this, so, genuinely, what are the reasons to do/not do it this way? This is a reasonable summary: https://www.contractorcalculator.co.uk/salary_versus_dividends_limited_companies_advice.aspx It was the only link I could find with a handy table comparing with and without. Note: this is an old article containing old world numbers. The dividend tax free allowance is down to £2k now, so if memory serves the difference is in the hundreds rather than the thousands for the illustrative income in this article.
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Mar 26, 2020 22:46
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Julio Cruz posted:getting some real loving mixed messages up in here It's not mixed messaging you're just a nasty person who wants to bully someone else struggling much the same as you are
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Mar 26, 2020 22:47
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learnincurve posted:Yup Liquid anger at the way capitalism has trained people to bootlick the rich and pretty who hoard all the money and resources, and act all petty and vindictive towards a neighbour who might have a little bit more than them. Must have missed these posts - link? learnincurve posted:.. scamming a grand a month or whatever off of the taxman PALES INTO loving INSIGNIFICANCE COMPARED TO JRM SHORTING THE POUND AND AMAZON/A HIGH STREET’S WORTH OF YANK COFFEE SHOPS NOT PAYING TAX
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Mar 26, 2020 22:48
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Lol lockdown and it's all gone off. No gently caress you.
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Mar 26, 2020 22:52
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Failed Imagineer posted:Since Brexit those fancy "n"'s are strictly forbidden https://www.youtube.com/watch?v=8N_tupPBtWQ
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Mar 26, 2020 22:53
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Thieve off the government and capital if you can get away with it, IMO, and if you'd die of old age before we got round to guillotining you assumin we were working from the top, that's fine.
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Mar 26, 2020 22:56
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Azza Bamboo posted:If this goes on long enough and we don't cause a famine, does that not risk exposing just how little overall labour is required to uphold a bare minimum standard of living? A very dangerous thought my friend.
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Mar 26, 2020 22:59
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Prince John posted:This is a reasonable summary: Note it also details a higher rate tax payer for the comparison. The vast majority of people who do this (plumbers, tradesmen, small shop owners) wont make anything like that much, and also have variable monthly incomes (and expenditures - fixing a van can knock out your 'profit' for a couple of months) so a fixed salary is often impossible anyway, so you salary what you know you should be able to afford, and dividend any excess when you can. For a lower rate tax payer, the difference always was small, the disadvantages are noticeable (sole tradesmen are unlikely to be making their own private pension contributions for example), so of course the Tories want to screw them over while writing loopholes for FTSE100 companies to walk through.
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Mar 26, 2020 22:59
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Apparently the state of the nation's haircuts is something we need to be aware of. Return of the bowl cut.
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Mar 26, 2020 22:59
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Niric posted:I know nothing about this, so, genuinely, what are the reasons to do/not do it this way? Alright, half arsed recap because I've done this is far too much detail in this thread before. Option 1: Pay everything as PAYE salary. No corporation tax. Employers and Employees national insurance. So 20% tax up to the higher rate tax threshold (£45k or whatever it is now) + 13.8% combined national insurance, then 40% tax over the threshold. Let's call it 34%, then 53.8%. Option 2: Pay minimal salary (normally just at the NI threshold so about £8k). Means you avoid national insurance and instead you first pay corporation tax, the dividend tax on whatever you take out. So that's 19% corporation tax on everything, 7.5% dividend tax up to the higher rate threshold, then 32.5% afterwards. Which would be a 26.5% average burden, then 51.5%. The figures change as you earn more or less and national insurance thresholds kick in, but generally it's 7.5% up to the higher rate threshold then 2% afterwards. If labour policies had gone through in December, Comrade Corbyn would actually have equalised it in all cases btw. The counterbalance to this is that you don't get holiday, sick pay, pensions or stable work. As all the contractors who got fired on with a weeks notice recently would tell you. The bigger advantage is that working through a limited company means you don't have to take everything at once, so if you earn £80k in one year you can take it as £40k a year over two. But the reason most freelance people work this way in the first place is because it's the only way companies will actually pay them (legal liability for sole traders etc).
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Mar 26, 2020 23:00
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I work for 35p an hour 24/7 and just got food vouchers from a special needs school. The financial moral high ground is, and will forever remain, mine, and tbh I don’t give a rats rear end if a small one man band operation fixes his car out of the wrong bank account once in a while while the McDonald’s down the road from my house is given massive tax breaks to ruin any chance any local cafe would have.
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Mar 26, 2020 23:00
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thinking about it i don't think i have a problem with even amazon avoiding taxes (although i guess in that case they have a fiduciary duty to do so). taking a legal route to pay less tax provided by the taxman is not really "scamming the taxman". it's the taxmans prerogative to make sure he's collecting the tax he should not the person paying it. tax evasion is different ofc.
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Mar 26, 2020 23:05
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Julio Cruz posted:getting some real loving mixed messages up in here You really didn't read a word I said did you? Quote from my accountant: "If you do that (going underneath the tax threshold of what, £12k?) you can pay yourself a directors bonus". I've never done that in 5 years of being a limited company, because I needed that money to either live, or pay the Tax I know is coming at end of year. Stop acting like I'm the enemy here and I'm 'exploiting the system', I'm getting shafted here because Sunak and his army of Tory oval office accountants know this so they can linit the payout. I go homeless in 2 months without a rent holiday/help that was promised off this 'government' because with IR35 (that's now postponed for a year whoopie loving doo) my trade has been dead since Feb. Or are you one of those twitter clowns that think self-employed translates as 'builders who do cash in hand and pay people from Poland and it's not fair on me the taxpayer'? Or tell me if you think you can live on ~£94 a week given I've been paying tax for 27 years now? gently caress you.
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Mar 26, 2020 23:08
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| # ? May 25, 2024 02:24 |
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zhar posted:thinking about it i don't think i have a problem with even amazon avoiding taxes (although i guess in that case they have a fiduciary duty to do so). taking a legal route to pay less tax provided by the taxman is not really "scamming the taxman". it's the taxmans prerogative to make sure he's collecting the tax he should not the person paying it. tax evasion is different ofc. There is a distinction between Amazon's tax avoidance and the hypothetical plucky contractor though. The latter, as you say, is taking advantage of the system and benefits as set out by a government and taxed by a single authority. The government have the ability to close the loopholes if they see fit, and there's a reasonable argument that they're happy with the state of affairs if they don't do this after many years of grumbling about it. It's not that objectionable and is easily remedied if the government has a mind to do so. Amazon will quite happily take advantages of loopholes that fall between jurisdictions e.g. where interest paid is tax deductible in one state yet interest received is not taxable in another. It gives them a huge competitive advantage compared to businesses that don't operate at sufficient scale internationally, so there's a huge public interest argument for cracking down on that poo poo hard. The idea of the taxman's prerogative doesn't really fit with this kind of model because they're essentially powerless without international cooperation. Prince John fucked around with this message at 23:14 on Mar 26, 2020 |
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Mar 26, 2020 23:11
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