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The Government is "Behind Business"
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By (user no longer on site) OP
over a year ago
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"Yes behind us ...fucking us up the arse at every opportunity...especially small businesses "
Did you hear him qualify... he will provide loans to "good businesses". What's a "good" business? His mates?
His refusal to make the closing of pubs, restaurants etc mandatory means that they cannot claim on business insurance. Lots of smaller enterprises will go under on that alone...  |
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By (user no longer on site)
over a year ago
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"Yes behind us ...fucking us up the arse at every opportunity...especially small businesses
Did you hear him qualify... he will provide loans to "good businesses". What's a "good" business? His mates?
His refusal to make the closing of pubs, restaurants etc mandatory means that they cannot claim on business insurance. Lots of smaller enterprises will go under on that alone... "
But the big corporations will be fine and won't have to pay out. The conservative party are fulfilling their mandate.  |
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By (user no longer on site) OP
over a year ago
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"Yes behind us ...fucking us up the arse at every opportunity...especially small businesses
Did you hear him qualify... he will provide loans to "good businesses". What's a "good" business? His mates?
His refusal to make the closing of pubs, restaurants etc mandatory means that they cannot claim on business insurance. Lots of smaller enterprises will go under on that alone...
But the big corporations will be fine and won't have to pay out. The conservative party are fulfilling their mandate. "
The problem is no economy thrives without small business.
When small businesses have gone, who are they going to collect taxes from? |
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By (user no longer on site) OP
over a year ago
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I like the turn the tide speach...
Because this is just like the tide. Nothing can turn it. Government inaction is just like waiting for the tide to turn and letting nature take it's course.
We are now starting to take action we should have embarked on when became obvious that this would be worldwide. Reactive, not proactive. |
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By (user no longer on site) OP
over a year ago
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"At least they postponed IR35, that should help some folks who just don't fancy paying much tax. "
True. That would have been the final nail in the coffin. |
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By (user no longer on site) OP
over a year ago
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Tip for small businesses....
You know that letter they send you to tell you that your VAT submission is late..... that recycled paper makes for a great toilet paper substitute....  |
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By (user no longer on site) OP
over a year ago
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"we find it shamefull its only a loan most of us strugle at the best of times so we wont be able to pay a loan back aswell"
I thought I was in a bad position as a LLC until I was just contacted by a colleague from where I used to work. He thought he was "safe" in permanent employment...... he's just been put on unpaid leave.
My heart goes out to people who are really going to struggle with people who are suffering and going to suffer more. Nothing could have stopped the tragedy that has come out way but would have been nice to have a government that feels for the people of the country rather than a bunch of rich boys looking after each other. |
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By (user no longer on site) OP
over a year ago
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Elsewhere in Europe, countries such as Germany, France, Spain and Italy have already made announcements that, as well as loans and credit guarantees for companies, there will be subsidies, tax deferrals and social security assistance for workers. The Italian government has underwritten debt repayment holidays. President Macron promised “exceptional and massive” support for workers temporarily out of work by businesses no longer able to pay their wages. The Danish government will cover 75 per cent of the salaries of private sector workers in distressed companies. Sweden is allowing businesses to defer tax payments for up to a year, which will cost its public finances 6 per cent of GDP. Ireland has introduced an unemployment insurance payment for up to six weeks.
Here in the UK Boris is talking to unions. Cometh the hour cometh the man! |
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By (user no longer on site)
over a year ago
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Boris is a shameless, self-aggrandising, stupid little twat, always has been, always will be
Such a shame that people will needlessly be bankrupted because he's PM and people will needlessly die while he's banging on about 'getting corona virus done'
what the hell is he talking about, the stupid, stupid idiot
Can't someone get him off the telly, making me ill just looking at his sweaty, shifty-eyed comic turn thats supposed to pass for a PM you can trust.
God, bring back Teresa May - never thought I'd say that |
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By (user no longer on site)
over a year ago
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"Boris is a shameless, self-aggrandising, stupid little twat, always has been, always will be
Such a shame that people will needlessly be bankrupted because he's PM and people will needlessly die while he's banging on about 'getting corona virus done'
what the hell is he talking about, the stupid, stupid idiot
Can't someone get him off the telly, making me ill just looking at his sweaty, shifty-eyed comic turn thats supposed to pass for a PM you can trust.
God, bring back Teresa May - never thought I'd say that"
Prepare to be hounded by all the Boris fans here who are all extremely sensitive to any criticism of our glorious leader.
Boris only cares about representing the corporate interests. |
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By (user no longer on site) OP
over a year ago
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"Boris is a shameless, self-aggrandising, stupid little twat, always has been, always will be
Such a shame that people will needlessly be bankrupted because he's PM and people will needlessly die while he's banging on about 'getting corona virus done'
what the hell is he talking about, the stupid, stupid idiot
Can't someone get him off the telly, making me ill just looking at his sweaty, shifty-eyed comic turn thats supposed to pass for a PM you can trust.
God, bring back Teresa May - never thought I'd say that
Prepare to be hounded by all the Boris fans here who are all extremely sensitive to any criticism of our glorious leader.
Boris only cares about representing the corporate interests. "
Yes there is £330bn available to LARGE firms. Boris's mates will still be billionaires. He's just pounced on the COVID-19 crisis to give money to his mates.
As for the big Boris fans, I feel for them what the Conservative party feels for the untold number of people who will forfeit their lives. The untold number of small businesses that will go bankrupt, and the number of people who face bankruptcy because of government inaction.
This government is a disgrace! |
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By (user no longer on site) OP
over a year ago
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It's not often I pull a 180.
But having just watched the news coming out of #10 I have to take my hat off to the government. Well done for doing the right thing |
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By (user no longer on site) OP
over a year ago
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The question really is whether they can deliver on promises made.
For instance it doesn't help when there are loans available but the staff required to process those loans are at home self isolating. Even at full staff phones are going to be ringing off the hook.
You can be on hold with HMRC for over an hour....
On the bright side it gives them a good reason to re employ the 5000 people they let go a few years back  |
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I find it hard to feel sympathy for some self employed people, when times are good it's all "you can't beat being your own boss!" And jibes about how little tax they can get away with paying. Then, when the shit hits the fan they want to be treated like permanent workers! Well, you can't have it all ways im afraid. |
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"I find it hard to feel sympathy for some self employed people, when times are good it's all "you can't beat being your own boss!" And jibes about how little tax they can get away with paying. Then, when the shit hits the fan they want to be treated like permanent workers! Well, you can't have it all ways im afraid. "
Really! wish was true in our case |
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By (user no longer on site) OP
over a year ago
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"I find it hard to feel sympathy for some self employed people, when times are good it's all "you can't beat being your own boss!" And jibes about how little tax they can get away with paying. Then, when the shit hits the fan they want to be treated like permanent workers! Well, you can't have it all ways im afraid.
Really! wish was true in our case "
It would be great if when times were good the taxman didn't punish us for our productivity. Then we could put money aside for a rainy day.
Strange how this criticism applies to the self employed. The little guy just trying to use the laws of supply and demand for a fair wage. Yet the big boys like the banks and the airlines get bailouts when times are tough and make money hand over fist when times are good. But that's okay? |
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By *obka3Couple
over a year ago
bournemouth |
"I find it hard to feel sympathy for some self employed people, when times are good it's all "you can't beat being your own boss!" And jibes about how little tax they can get away with paying. Then, when the shit hits the fan they want to be treated like permanent workers! Well, you can't have it all ways im afraid.
Really! wish was true in our case
It would be great if when times were good the taxman didn't punish us for our productivity. Then we could put money aside for a rainy day.
Strange how this criticism applies to the self employed. The little guy just trying to use the laws of supply and demand for a fair wage. Yet the big boys like the banks and the airlines get bailouts when times are tough and make money hand over fist when times are good. But that's okay?"
If the tax man has as you say has punished you then I assume that means you have paid a fair chunk of tax this you must have a bigger chunk left over, if you haven't put some aside then that's your fault. Too many in this country live hand to mouth.
My son in law runs his own business in the jewellery trade, had a very god Feb but was told by two companies he deals with wont pay him for their trade my daughter works part time as childcare allows for him doing shop displays both lost all income, yet she has already got night work in a supermarket and he has just had an interview delivering for another one, not sitting on their backsides moaning. They even refused my offer to pay their mortgage |
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By (user no longer on site) OP
over a year ago
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"I find it hard to feel sympathy for some self employed people, when times are good it's all "you can't beat being your own boss!" And jibes about how little tax they can get away with paying. Then, when the shit hits the fan they want to be treated like permanent workers! Well, you can't have it all ways im afraid.
Really! wish was true in our case
It would be great if when times were good the taxman didn't punish us for our productivity. Then we could put money aside for a rainy day.
Strange how this criticism applies to the self employed. The little guy just trying to use the laws of supply and demand for a fair wage. Yet the big boys like the banks and the airlines get bailouts when times are tough and make money hand over fist when times are good. But that's okay?
If the tax man has as you say has punished you then I assume that means you have paid a fair chunk of tax this you must have a bigger chunk left over, if you haven't put some aside then that's your fault. Too many in this country live hand to mouth.
My son in law runs his own business in the jewellery trade, had a very god Feb but was told by two companies he deals with wont pay him for their trade my daughter works part time as childcare allows for him doing shop displays both lost all income, yet she has already got night work in a supermarket and he has just had an interview delivering for another one, not sitting on their backsides moaning. They even refused my offer to pay their mortgage "
The same could be said of Banks. Why didn't they set money aside?
A lot of small businesses were struggling just to stay afloat before COVID-19. The government has introduced new taxes such as the dividend tax, the reduction of flat rate VAT etc.
Here's an example... not even a bank..
https://www.theguardian.com/business/2020/feb/12/inquiry-government-funding-norton-motorcycles |
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By *obka3Couple
over a year ago
bournemouth |
"I find it hard to feel sympathy for some self employed people, when times are good it's all "you can't beat being your own boss!" And jibes about how little tax they can get away with paying. Then, when the shit hits the fan they want to be treated like permanent workers! Well, you can't have it all ways im afraid.
Really! wish was true in our case
It would be great if when times were good the taxman didn't punish us for our productivity. Then we could put money aside for a rainy day.
Strange how this criticism applies to the self employed. The little guy just trying to use the laws of supply and demand for a fair wage. Yet the big boys like the banks and the airlines get bailouts when times are tough and make money hand over fist when times are good. But that's okay?
If the tax man has as you say has punished you then I assume that means you have paid a fair chunk of tax this you must have a bigger chunk left over, if you haven't put some aside then that's your fault. Too many in this country live hand to mouth.
My son in law runs his own business in the jewellery trade, had a very god Feb but was told by two companies he deals with wont pay him for their trade my daughter works part time as childcare allows for him doing shop displays both lost all income, yet she has already got night work in a supermarket and he has just had an interview delivering for another one, not sitting on their backsides moaning. They even refused my offer to pay their mortgage
The same could be said of Banks. Why didn't they set money aside?
A lot of small businesses were struggling just to stay afloat before COVID-19. The government has introduced new taxes such as the dividend tax, the reduction of flat rate VAT etc.
Here's an example... not even a bank..
https://www.theguardian.com/business/2020/feb/12/inquiry-government-funding-norton-motorcycles"
The banks have been required to keep back up reserves since the crash |
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By (user no longer on site) OP
over a year ago
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Probably one of the biggest long term aspects of this virus is the possibility of recession.
This cash injection is a huge step towards preventing this from happening.
This pandemic will be over sooner or later and we will need an economy that is still intact when its over. |
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By (user no longer on site) OP
over a year ago
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https://edition.cnn.com/videos/politics/2020/03/21/robert-reich-former-labor-secretary-coronavirus-stimulus-bailout-nr-sot-vpx.cnn
As this video explains, airlines, hotels, cruise lines etc have collateral to borrow money at very low interest rates and ride through this.
It is small businesses, the self employed and individuals who need protection. Those airlines, hotels etc are not going to see any future business if the man on the street is bankrupt. |
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By (user no longer on site) OP
over a year ago
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"Many companies are borrowed to the hilt now, just like woolies, a company trading for many decades yet dragged down by debt, life is going to be very different when this has passed "
If they are borrowed to the hilt then one assumes they aren't paying out huge bonuses to their directors and dividends to their shareholders... Thomas Cook being a good example. They paid themselves huge bonuses, declared bankruptcy, then asked government for a bailout, coincidentally for the same amount the paid out in bonuses. |
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By (user no longer on site) OP
over a year ago
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"Easyjet has sparked outrage after paying shareholders £174 million in dividends despite appealing for taxpayer support through the coronavirus pandemic"
https://www.thelondoneconomic.com/travel/easyjet-shareholders-get-174-million-dividends-as-airline-appeals-for-taxpayer-support/21/03/ |
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By (user no longer on site)
over a year ago
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The self employed are not all rolling in it as some on here might have you believe - many workers in the construction industry are self employed and are averaging an income of £24k which doesnt leave much of a pot of gold at the end of the day - especially when a client cancels a job at the last minute, refuses to pay in full on time, or expects repeated return calls for nothing. Maybe in the farming world all those EU grants made you complacent. |
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