Even so, this has turned out to be something of a disaster for the government in terms of perception. I was listening to Radio4 this morning. Nick Robinson was giving the chancellor a proper grilling. Manifesto promises broken, continuing to lie about it now, all the while targeting a huge bunch of people that have a fair chance of voting Conservative.
Four thousand of them i believe!
There’s a serious chance of revolt over the self-employed tax changes. John Harris has a good piece in the Guardian. Will create a lot of resentment. As Cherts and I have said, it’s not a great deal of money over a year. £1200 for me. Still one hundred quid a month that could be going into a family member’s pocket.
In 1975, only 8.7% of the British workforce was self-employed. The figure is now put at nearly 16%, and it is rising. It denotes 4.8 million people: a great crowd of IT contractors, plumbers, hairdressers, cab drivers, cleaners, accountants and scores of other people, many of whom work hard for only the most modest rewards. And within the numbers, there are huge demographic shifts, which are gaining pace. The share of self-employed people who are women is increasing, as is the proportion who work part-time. Since 2005, the number of over-65s who are self-employed has almost doubled.
I employ loads of self employed bros to make holes, and these bros like to be self employeds cos they’re basically tax dodging, and all they care about is their wage packet at end of week. These bros work full time for me, and should rightly all be PAYE, but they don’t want it. They like it how it is. I have running battle with HMRC about it.
It is prob right that they should make self employed less attractive, cos all my bros would end up with PAYE jobs, which would be bad for me, cos then they’d have Rights, but ultimately better i suppose for the bros. I’d have to give them Pensions and Holiday and Things.
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Do you really mean holes bear or are you just spelling hoes wrongly?
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Bearsy has created a ponzi scheme for pimps
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Spectator leading article not impressed.
Some Budgets are historic, most are boring and a small number can be remembered as a disaster. After just a few months, Philip Hammond has managed a budget – his first – that can be placed in this last category. Economically, it made very little difference. Politically, it is shaping up to be a disaster.
His Budget was supposed to have been conducted under the pledge, issued no fewer than four times in the 2015 Conservative manifesto, that his party not raise taxes. ‘Instead, we will ease the burden of taxation,’ the Tories promised. It seems plausible enough, and the Conservatives were returned with an absolute majority. Whatever else one might have thought about David Cameron, he had shown he was a Prime Minister who kept his promises.
http://www.spectator.co.uk/2017/03/philip-hammonds-ambition-deficit/
Another pinko budget. When is the Tory party going to start delivering Tory budgets. Lower tax, smaller state & lower debt.
I’m confused here, do self employed people pay less NI than payrolled people?
When I was contracting I was paid through an umbrella corporation and I had to pay employers and employees NI is that still not the case?
Technically you weren’t self employed. You were “working” for a firm which applied all your PAYE for you.
Grown up’s still using sad old expressions like “Pinko” in this day and age, and thinking it is a smart term of abuse. How quaint!
If you think Hammond’s budget was “Pinko”, you must be somewhere to the right of Attila The Hun.
Yeah fair enough, but do you pay both? And are the levels lower than a PAYE person?
When you worked for the umbrella company, you were employed so your salary was subject to tax and NI in the normal way - the different between that and being employed directly by the end user is that you were probably able to claim travel expenses which would have been outside of tax so you take home was higher - that is something you cannot do in direct employment