Re: The 50p tax rate : Wed Mar 07, 2012 2:51 pm  

When these "wealth creators" move their goods to market on their own private roads and have employees taught in their own private schools they can consider themselves self-made and apply for a rebate. Readjusting their understanding of how they came to be successful seems like a more immediate priority than finding a way to cripple the budget in a climate of austerity.

Re: The 50p tax rate : Wed Mar 07, 2012 2:56 pm  

vbfg wrote:

When these "wealth creators" move their goods to market on their own private roads and have employees taught in their own private schools they can consider themselves self-made and apply for a rebate. Readjusting their understanding of how they came to be successful seems like a more immediate priority than finding a way to cripple the budget in a climate of austerity.

Re: The 50p tax rate : Wed Mar 07, 2012 4:52 pm  

vbfg wrote:

When these "wealth creators" move their goods to market on their own private roads and have employees taught in their own private schools they can consider themselves self-made and apply for a rebate. Readjusting their understanding of how they came to be successful seems like a more immediate priority than finding a way to cripple the budget in a climate of austerity.

It's politicians that are that are the problem. They constantly screw the country up with their stupidity. Eg some of the current c**p coming out of Cable defies belief. Like allocating resources to likely growth sectors - as if anyone knows what they will be even in the relatively short term.

Re: The 50p tax rate : Wed Mar 07, 2012 6:04 pm  

An insight into Vodaphone & Tesco's tax "efficiency"

An insight into Vodaphone & Tesco's tax "efficiency"

Re: The 50p tax rate : Wed Mar 07, 2012 9:13 pm  

McLaren_Field wrote:

It only happened to me once, then I employed my wife to take the excess profit as salary

Just increase your use of home as office and you'll pay no tax

Re: The 50p tax rate : Wed Mar 07, 2012 10:03 pm  

Sam Buca II wrote:

Just increase your use of home as office and you'll pay no tax

Isn't that countered by UBR in lieu of Council Tax?

Re: The 50p tax rate : Wed Mar 07, 2012 10:07 pm  

cod'ead wrote:

Isn't that countered by UBR in lieu of Council Tax?

You can claim a proportion of fuel, 'phone, mortgage interest (if any), etc, etc.

Re: The 50p tax rate : Thu Mar 08, 2012 1:14 pm  

I don't work from home now anyway

Unless you've heard something that I haven't heard ?

Re: The 50p tax rate : Thu Mar 08, 2012 5:04 pm  

Dally wrote:

You can claim a proportion of fuel, 'phone, mortgage interest (if any), etc, etc.

I work for a company, but am home based and I get the princely sum of £156 per year as a tax free allowance for using it. The whole of our York office went home based when they shut it (around 60 people), so the company pay out £9360 per annum and save a fortune in council tax, electricity, heating etc.

Re: The 50p tax rate : Thu Mar 08, 2012 5:19 pm  

rover49 wrote:

I work for a company, but am home based and I get the princely sum of £156 per year as a tax free allowance for using it. The whole of our York office went home based when they shut it (around 60 people), so the company pay out £9360 per annum and save a fortune in council tax, electricity, heating etc.

Yeah, but you get the last laugh by posting on RLFans all day when you should be working.