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  Reg - in your rather strange method of writing, you suggest I am lying. No I am not, I speak from direct experience, I am involved in advising them and actively helping keep them below the threshold (all very legal...). I could name 4 small business people who could expand their businesses and/or work harder who do not do so because we are squeezing as much as we can out of their businesses as we can without exceeding the threshold. They are placing quality of life first and good for them, why risk their money and take on longer hours and stress when they will suffer up to 41% tax and NI (not to mention employer oncosts). Confidentiality is important so I of course cannot and will not name anyone.
  
  You prefer to ignore the facts of life in favour of what you would like to think, by contrast my thinking is influenced by real behaviour and real experience. You demonstrate why the last 13 years of Labour economic thinking has got us into such an almighty financial hole.

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