Guest 698- Registered: 28 May 2010
- Posts: 8,664
#279, now that Mr Lester's arrangements have been made public I suspect HMRC will take a closer look. People using that loophole will get a nasty surprise if a. the 'company' works exclusively for one employer and/or b. the company only has one employee. Under those circumstances the Revenue will look through the company structure and assess the person for Income tax and employee NICs, as well as charging the employer NICs. Of course under the company structure the company will have to charge Railtrack VAT at 20%.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Number one was the question...............number two just a bit of fun...........it is sunday have a nice one...
Guest 698- Registered: 28 May 2010
- Posts: 8,664
' The Elite, wherever it has got the upper hand, has put an end to all feudal, patriarchal, idyllic relations. It has pitilessly torn asunder the motley feudal ties that bound man to his "natural superiors", and has left remaining no other nexus between man and man than naked self-interest, than callous "cash payment". It has drowned the most heavenly ecstasies of religious fervour, of chivalrous enthusiasm, of philistine sentimentalism, in the icy water of egotistical calculation. It has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has set up that single, unconscionable freedom — Free Trade. In one word, for exploitation, veiled by religious and political illusions, it has substituted naked, shameless, direct, brutal exploitation. '
Here's a bit more Sunday fun.
Who wrote it and which word have I replaced with Elite?
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Sunday is not a day for PMQ`s type non answers.............the question was..........# 279?
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Reg the 'loophole' as you call it also protects hundreds of thousands of small business people from excessive taxation - people who are using it quite properly. It would appear that Lester is using it improperly but only HMRC can decide that. So the answer is NO but use of limited companies in such a way should be better policed.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
# 283............do we get a pickled egg ?
Guest 698- Registered: 28 May 2010
- Posts: 8,664
OK.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Paul Watkins- Location: Dover
- Registered: 9 Nov 2011
- Posts: 2,226
The spectrum of Planet Reg. gets weirder by the day.
Vocational subjects are valued.
It is the other nebulous subjects that inhibit the League Tables that devalue the system to the business community.
GCSE's have been downgraded & devalued.
Business does not believe in them.
A levels & AS levels are regarded with suspicion.
Degrees are now regarded as a joke when applicants can't spell or write in legible discourse.
Many of the degree subjects don't reflect employable activity.
When someone identifies this as Gove has done from the bottom up education to HE, the proverbial hits the fan from the vested interests and their fellow travellers who live in the ether.
And I feel better for that.
Watty
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Peter if thats the answer give him the pickled egg...........
Guest 696- Registered: 31 Mar 2010
- Posts: 8,115
PaulW, the Government has just clamped down on university titles. For example, husband fishery and nail technology will no longer count towards an overall degree value,
Don't ask me what the first is
, the second has to do with filing nails, or possibly putting up wall panels.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Where should I insert it, Reg?
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Paul Watkins- Location: Dover
- Registered: 9 Nov 2011
- Posts: 2,226
Sorry Alex, I've posted this under the wrong thread. Check Buffon List.
Watty
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
i think we have a few ministerial buffoon threads.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
Paul I don't think posting on the wrong thread should put you on the buffoon list.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Paul Watkins- Location: Dover
- Registered: 9 Nov 2011
- Posts: 2,226
I'll live with it Peter.
It goes with the territory.
Watty
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
still no decision on the recipient of the pickled egg though.
Ross Miller
- Location: London Road, Dover
- Registered: 17 Sep 2008
- Posts: 3,707
Ah ok - I will put you out of my misery
It is by Marx, from the Communist Manifesto and the word Elite has benn used here instead of bourgeois
"Dream as if you'll live forever. Live as if you'll die today." - James Dean
"Being deeply loved by someone gives you strength,
While loving someone deeply gives you courage" - Laozi
Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
Justin Greening Transport Secretary comes up trumps again.It appears she has the power to stop the bonus
for Sir David Higgins,but Flashman may have said don`t touch bonuses but at least she is making a personal
show of disapproval by attending the AGM of Network Rail to vote no.She is first minister of state to do so.
Need to keep an eye on her progress.
Well done Ross.....never read any of this chap`s ``novels``......enjoy your egg.....thank goodness we have
three left over from Christmas.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
i read one of his bestellers "das kapital" one of those books that once you put down you cannot be bothered to pick up again.
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
so it appears then that it is fine to be earning upwards of £100,000 and still all be in it together?
ALL POSTS ARE MY OWN PERSONAL VIEWS