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Methinks
you live on a different planet, Steve, no dis intended. How could you possibly outlaw a painter painting a house for a mechanic that maintains his car etc. etc. etc?
Whilst we are on the subject of fixing the world - we need to stop all those in power thinking the rest of us are mugs.
Planet hopper
you live on a different planet, Steve, no dis intended.
Your example already happens doesent it? I dont think a bloke who works at Toyota is going to give a Car in exchange for a Fitted Kitchen from a bloke that works at B&Q.
Its good up here on Venus :)
Yer right OGA
You honestly think you would be left with £990 out of £1000?
Many ideas in theory are brilliant but when it comes down to practise, it is a totally different thing.The stumbling block is what the deduction would be and how you could stop government raising it whenever they wanted to. At least at the moment we have a variety of ways paying tax and the means to avoid paying the most.
yes ...
You honestly think you would be left with £990 out of £1000?
Many ideas in theory are brilliant but when it comes down to practise, it is a totally different thing.The stumbling block is what the deduction would be and how you could stop government raising it whenever they wanted to. At least at the moment we have a variety of ways paying tax and the means to avoid paying the most.
... because Tesco will be left with £9,900,000 out of £10,000,000 - not £9,999,990 as at present! (precisely because they can't avoid it)
As for governments, that's a different discussion for another day. Do you really think governments don't manipulate tax to raise cash when they want? This way the burden is spread more fairly. At present 80% of the tax is taken from the 80% of the population who only actually earn 20% of the money!
(before anyone starts, I made the figures up for illustrative purposes only, but can't see them being far out)
@Steve
If you get on Higg's Bosun you might well end up in Venus. Yes bartering does go on in a small way, but it could escalate.
@OGA going for a pint now, lets hope they don't give me 9/10's
selfemployed and uneversal credit
Am i to understand that the m.i.f will probably be 6.19p x reported hours or will m.i.f be 6.19px35hrs.So that anyone earning less than 216.65p cant be classed as selfemployed.They have said they are still deciding m.i.f . My gut feeling is the uneversal credit system system is going to be delayed due to alot of top civil servants involved in i.t system resigning.Also i.d.s has said we are going to roll out uneversal credit slowly in a sensible manner. That sounds to me an excuse for a delay.Allready the benefit cap for families has been put back 6 months.
This just can't be right....
I am a self employed single mother who works as a bookkeeper approx 25 hours a week - my annual expenses almost outweigh my profits but due to my single parent duties and required hours from prospective employers am not able to find an employed position. I receive tax credits and am extremely grateful for them. We would be homeless without them, especially as my income fluctuates greatly throughout the year.
If I had to do monthly reporting I would never earn the lower floor limit to receiving the tax credits. We would then be at the mercy of a neverending spiralling debt situation which at present I am doing my very best to avoid.
Recently the Government were encouraging mums back to work, a lot of whom started their own small enterprises - I suspect they would all find themselves in a very similar situation.
When?
This one seems to have gone quiet...is it in place yet? What are the day to day requirements?