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Why not pay a flat rate to everyone ?

inequitable distribution

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With the latest government handout - obviously with employees and self employed its easier to check their income hence why government has ignore those with salaries and dividends when thousands of sole directors have lost their contracts and hardly earn anything plus many not eligible for universal credits. It doesn't mean just because you have a company you are earning lots of money.

Looks like there is going to be no support for directors but even a token £1000 per month (for those that completed a tax return) would be most useful in this dire situation.  Landlords also are not getting rent from tenants so they should also be included.  They should just say you are entitled to support if you tax return states less than £50,000 profits averaged over three years.  There are going to be a few that just pay the minimum amount in salary and dividends even though their company is earning hundred of thousands.

 A flat rate to everyone would be fairer including to Furlong employees. Some people will gain from this especially subcontractors who continue to work but you can't have a situation where a large group will lose out. 

My biggest concern is some who have underclared their profits  who suddenly come along asking for amendment of 2018-19 tax return as they found some sale receipts.  I would on principle refuse to amend,

Many people need money now but having to wait until June is unacceptable.  I don't understand the rationale for the delay due to people who haven't filed their tax returns for 2018-19.  They should be excluded unless they have a good reason.  Secondly takes over two months to put the portal together ?

 

Replies (13)

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By Matrix
26th Mar 2020 23:36

While there is merit in a flat rate of £1,000 (whereas limited use to all UC claimants who can’t even go shopping at the moment so why is their cost of living more and not less?), it should just be businesses that have suffered, not all businesses.

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By I'msorryIhaven'taclue
27th Mar 2020 07:10

How about a minimum subsistence flat rate for those self-employed businesses whose average profits are low / negligible because they started up in 2016/7, 2017/18, or 2018/19, and made zero / negligible initial profit(s)?

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By I'msorryIhaven'taclue
27th Mar 2020 07:16

Do we have any indication yet whether "self-employed" grants will extend to those in a business partnership?

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Replying to I'msorryIhaven'taclue:
blue sheep
By NH
27th Mar 2020 07:30
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Replying to NH:
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By I'msorryIhaven'taclue
27th Mar 2020 07:40

"You can apply if you’re a self-employed individual or a member of a partnership..."
Doh, it's in the intro. Thanks NH.

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Replying to I'msorryIhaven'taclue:
blue sheep
By NH
27th Mar 2020 07:42

Dont worry - Its sending us all around the bend!

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By paul.benny
27th Mar 2020 08:06

JimLittle wrote:
... Furlong employees...

Those running at Haydock Park?

Furlough = leave of absence from work
Furlong = archaic unit of measure (220 yards = 1/8 mile) now only regularly used in horse-racing

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Replying to paul.benny:
By Steve Holloway
27th Mar 2020 10:06

I've been running a comptetion with clients on the worst spelled version of our new favourite word!

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Replying to Steve Holloway:
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By emanresu
27th Mar 2020 14:38

Steve Holloway wrote:

I've been running a comptetion with clients on the worst spelled version of our new favourite word!

Not to mention competition !

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Replying to emanresu:
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By I'msorryIhaven'taclue
27th Mar 2020 18:44

or spelt ?

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Replying to Steve Holloway:
By SteveHa
27th Mar 2020 15:17

We're probably all spelling it wrong, given that it's a US military term, and we all know we spell stuff properly and America doesn't.

I propose "furlow".

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Replying to SteveHa:
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By emanresu
27th Mar 2020 18:39

SteLacca wrote:

We're probably all spelling it wrong, given that it's a US military term, and we all know we spell stuff properly and America doesn't.

I propose "furlow".

What is wrong with variations on "laid off"?

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Replying to paul.benny:
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By emanresu
27th Mar 2020 14:40

paul.benny wrote:

JimLittle wrote: ... Furlong employees...

Those running at Haydock Park?

Furlough = leave of absence from work
Furlong = archaic unit of measure (220 yards = 1/8 mile) now only regularly used in horse-racing

And, now, in Extreme Social Distancing, it seems !

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