Search results

Agreed. The Higher Rate relief is very generous, particularly to those within 10 years of retirement age who will be accessing the funds shortly anyway.

My guess is the dividend tax. Corporation Tax will fall by 1% next month, so someone earning £50,000 profit will be better off by £500. A 1 1/2% hike in dividend tax from 7 1/2% to 9% would cost owner-managers of Ltd companies c. £400, so they'd still be better off by c. £100. Crucially, that...

I'm not saying they shouldn't, I'm saying the argument "self-employed = flexible, employed = not flexible" is wrong. The significance is that it's used as some sort justification for tax parity on the flawed notion that the self-employed came come and go as they please while employees have...

I don't know what planet you're on but you give feminism a bad name. As a small employer I've worked through my employee's maternity leave, then been flexible about whether she is up to working 3, 4 or 5 days, eventually settling on the hours she has chosen to work, I've coped with the sudden...

Let's get real here. When a young mum calls up and says she can't come into work because her kid is sick and she has no childcare, but will make the time up later, what exactly is the boss going to say?

The £5,000 Dividend Allowance - plus the abolition of the £2,000 Employment Allowance for single director companies - were huge reasons why making spouses second directors and shareholders were so attractive. As for your final point, how many directors are actually earning £150K+? For most...

Hammond tells the House that people going down the limited company route has costs the Exchequer billions, in which case: 1) Why did George Osborne introduce a £5,000 Dividend Allowance that positively encouraged incorporations? and 2) Why did Hammond commend Osborne's decision to reduce...

These are the sounds of a complacent Tory party and a Labour Party on its knees. Once again, the House sounds like a rowdy public school debating society rather than a chamber of government.

Flexible hours is not something that is the preserve of the self-employed. Try employing female staff with young children - you're basically agreeing to flexible hours dependent upon child sickness, child care availability.

The cynic in me wonders whether by putting the self-employed on an equal tax footing to the employed that this will foster a climate of resentment towards the employed who have greater security, thereby creating the conditions to "row back" on the rights for employees that were fought for and...

Not much scope for management these days with the dividend tax. The reality is that a director of an owner managed company on £30K has just seen their personal tax increase by £970 in 2016/17. That's an effective tax increase of 3.24%. It is obvious from the Tory chatter that there is an...

Why THE HELL does the Chancellor think the self-employed should pay exactly the same tax as employees? Things that employees get that the self-employed don't: 1. Set salary payment 2. Paid holiday / sick leave 3. Auto-enrolment employer's pension contributions 4. Opportunity for training /...