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Self-Employed where do they get the balls

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Replies: 182
By:
1st time poster
When: 26 Mar 20 21:53
if your  employed through your own company summising ltd company,ir 35 your not entitled under this scheme, lots will lose out there
By:
saddo
When: 26 Mar 20 21:54
Another myth, people still think we all see a lot of cash, less than 10% of turnover in my case. Now how much of that 10% could I hide without em finding it odd, and why the feck would I take the risk?
By:
jucel69
When: 26 Mar 20 21:54

Mar 26, 2020 -- 9:53PM, Cider wrote:


Mar 26, 2020 --  8:50PM, saddo wrote:Cider, I think the gov have done as well as possible in the circumstances, there will always be those trying it on in chaotic situations.I agree saddo, the bad taste is low paid workers who are still required to work, in difficult circumstances when some well off people will literally be getting money for nothing. There will be a lot of resentment I fear but there's no obvious solution.


I wouldn't work in a supermarket for a golden swine

By:
jucel69
When: 26 Mar 20 21:56

Mar 26, 2020 -- 9:54PM, saddo wrote:


Another myth, people still think we all see a lot of cash, less than 10% of turnover in my case. Now how much of that 10% could I hide without em finding it odd, and why the feck would I take the risk?


completely depends on what business you are in
Some people will have zero cash and vice versa

By:
saddo
When: 26 Mar 20 21:57
But steve says all 5 million vile individuals are all the same.
By:
peckerdunne
When: 26 Mar 20 21:58
confidence and liquidity
By:
jucel69
When: 26 Mar 20 21:58

Mar 26, 2020 -- 9:57PM, saddo wrote:


But steve says all 5 million vile individuals are all the same.


I can't speak for Steve, his views are his own

By:
jucel69
When: 26 Mar 20 21:59
You do find that certain ethnicity end up in cash businesses, can't understand why
By:
leif
When: 26 Mar 20 22:01
Romanian builders considering their options right now Plain
By:
saddo
When: 26 Mar 20 22:01
You do, I can't speak for them.
By:
Burt06
When: 26 Mar 20 22:01
My mate has a relatively new business. He has sent his accounts for the past 2 tax years to HMRC.

1st year was a £21k loss and the 2nd year a £2k loss. He has profit for the tax year about to end but that year will not be taken into account.

What he gunna get?
By:
jucel69
When: 26 Mar 20 22:02

Mar 26, 2020 -- 10:01PM, Burt06 wrote:


My mate has a relatively new business. He has sent his accounts for the past 2 tax years to HMRC.1st year was a £21k loss and the 2nd year a £2k loss. He has profit for the tax year about to end but that year will not be taken into account.What he gunna get?


94 quid per week

By:
leif
When: 26 Mar 20 22:04

Mar 26, 2020 -- 10:01PM, Burt06 wrote:


My mate has a relatively new business. He has sent his accounts for the past 2 tax years to HMRC.1st year was a £21k loss and the 2nd year a £2k loss. He has profit for the tax year about to end but that year will not be taken into account.What he gunna get?


A business lesson?

By:
1st time poster
When: 26 Mar 20 22:04
to quote peter jones that's not a business try something else LaughLaugh
By:
saddo
When: 26 Mar 20 22:05
Burt, from what I read on here we will be allowed to estimate this years profit, and differences will be rectified later. Hope he's earned near the upper limit this year or he won't be getting much to live on.
By:
peckerdunne
When: 26 Mar 20 22:06
A business lesson, really, seems to me he's probably doing a good job..
By:
jucel69
When: 26 Mar 20 22:06
It's a good time to be very rich
Stock up the yacht with goodies and drift around the world for a year or two
By:
peckerdunne
When: 26 Mar 20 22:07
Or just never leave the island Laugh
By:
jucel69
When: 26 Mar 20 22:07
Grin
By:
jucel69
When: 26 Mar 20 22:09
i feel more sorry for us BF gamblers
I've got no income now for the foreseeable futureSad
By:
leif
When: 26 Mar 20 22:09
It's another major transfer of wealth.

That's what the 2008 jobbie was.

Might take time for the penny to drop though.
By:
s.kenbo
When: 26 Mar 20 22:09
You should be our union leader, Saddo. I fear you may get more sense out Mart, than one or two on here though! Keep up the sterling work. Grin
By:
peckerdunne
When: 26 Mar 20 22:10
thats not good juce...perhaps collude at poker Laugh
By:
jucel69
When: 26 Mar 20 22:12
nah I've never played poker and I can imagine this would be the worst time to start!
By:
jucel69
When: 26 Mar 20 22:13
will the govt ever go after the crooks in the UK tax havens??
By:
peckerdunne
When: 26 Mar 20 22:13
Juce, it's a good time now to strategise, will be a big dip and folk will have no cash reserves, no credit rating, opportunity will a plenty
By:
leif
When: 26 Mar 20 22:14

Mar 26, 2020 -- 10:13PM, jucel69 wrote:


will the govt ever go after the crooks in the UK tax havens??


they are the governers.

By:
jucel69
When: 26 Mar 20 22:14

Mar 26, 2020 -- 10:13PM, peckerdunne wrote:


Juce, it's a good time now to strategise, will be a big dip and folk will have no cash reserves, no credit rating, opportunity will a plenty


Cool

By:
peckerdunne
When: 26 Mar 20 22:15
i gave up poker about 12 yrs ago, it's a dogs life, i wouldn't advise it as a lifestyle
By:
jucel69
When: 26 Mar 20 22:15

Mar 26, 2020 -- 10:14PM, leif wrote:


Mar 26, 2020 --  9:13PM, jucel69 wrote:will the govt ever go after the crooks in the UK tax havens??they are the governers.


yep unfortunately
32 trillion (at least) sitting there untaxed!

By:
jucel69
When: 26 Mar 20 22:17

Mar 26, 2020 -- 10:15PM, peckerdunne wrote:


i gave up poker about 12 yrs ago, it's a dogs life, i wouldn't advise it as a lifestyle


doesn't appeal to me at all.
I enjoy watching cricket as well so punting on top (although stressful) is still going to be my main income source moving forwards
TBF April is a quiet betting month for me anyway, I don't like the IPL

By:
saddo
When: 26 Mar 20 22:26
Thank you kenbo, I have no time for uneducated bigotry against a largely decent bunch of people.
By:
treetop
When: 26 Mar 20 23:51
The self employed take the risks, during the 2008 recession I spoke with a surveyor valuing empty properties being remortgaged by Northern Rock collapse, he told me 90 % of them were self employed,mostly young lads plumbing,plastering,leccies,etc who had taken the plunge. When the jobs dried up they were left high and dry while the public sector and big corporations were able to keep staff on,albeit with fewer hours or no bonuses. They deserve some respect instead of malice.
By:
Angoose
When: 27 Mar 20 00:25
You can’t lump all the self-employed in to a single basket, many variations.

As for taking risks treetop, you are correct, but risk tends to go hand in hand with reward.
For example, many technicians have historically chosen to go dayrating in the oil and gas industry during the boom times.

Coined it in, and good luck to them.
But they can’t seriously imagine that will not be the first casualties once a slump kicks in.

That’s the gamble.

This situation, of course, is incredibly unique.
And we have many self-employed who are really employees, just without the protection that such a status provides.

There is a price to pay when society stands by and watches employers turn and turn the screw on the working man.
Gig economy my @rse.
By:
moisok
When: 27 Mar 20 00:47
so basically the majority on this forum hate the idea of entrepreneurs,  go it alone types, and successful people

I note this is coming mainly from people who hide in offices and count beans

can't have them being scorched by the brilliant rays of go getters by stepping outside

many others live outside of the uk or are not even british  so it isn't surprising they want to have a wack at us

chuck in the jealousy and we have the complete whinging anti uk forumite
By:
Coachbuster
When: 27 Mar 20 04:33
jucel6926
i feel more sorry for us BF gamblers
I've got no income now for the foreseeable future

________________

gambling my only income too at the moment jucel and has been for years  ...weird as we must be the only people not in one of their 2  groups ...feels strange  ....so are we self employed ?  of independant means ?  .... i wish i could file tax returns just so i can register on their system   but we can't .

i don't claim anything , pay council tax, but earn well below the tax threshold ...i can't claim UC anyway   ...strange old situation  Laugh   oh well .
By:
Coachbuster
When: 27 Mar 20 04:38
maybe we're just no-bodies Plain   ...tried going self employed as a sole trader a couple of times before but found it IMPOSSIBLE to make money on the open market . Tried all things .

In truth  i don't know how to make money ,i would be  living under a bridge without gambling  ...even when i once applied for minimum wage jobs i had no success Confused

I tried apple picking but only made about £2 an hour ..it cost me more in petrol to get there Sad
By:
jucel69
When: 27 Mar 20 06:45
This thread is pretty tame compared to twitter
It's a massive PAYE v Self Employed war on there!!
By:
jucel69
When: 27 Mar 20 06:48

Mar 27, 2020 -- 4:33AM, Coachbuster wrote:


jucel6926i feel more sorry for us BF gamblersI've got no income now for the foreseeable future________________gambling my only income too at the moment jucel and has been for years  ...weird as we must be the only people not in one of their 2  groups ...feels strange  ....so are we self employed ?  of independant means ?  .... i wish i could file tax returns just so i can register on their system   but we can't . i don't claim anything , pay council tax, but earn well below the tax threshold ...i can't claim UC anyway   ...strange old situation     oh well .


The economic ghosts, there must be plenty on BF

By:
Steve Voltage
When: 27 Mar 20 08:32
saddo

But steve says all 5 million vile individuals are all the same.


How many of those 5 million do you think pay their full 100%?

Most if not all seem content scheming not to pay the full 100% that is owed. They're more than content to cheat the health service, pensioners and schools.
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