Will we Be Getting Any Help??????????

[doobin]

56 minutes ago, trigger_andy said:

No vehicle to get to work and pop to the shops? Missus not on the books? 

 

Dont get me wrong, Im not against being self employed, my Bro is and Ive very proud of how well he's done. 

 

Lets just say Im playing devils advocate here, we Im having the same discussions with him. 

 

He's just been made Project Manager at a Hospital in London to help deal with this Rona Crisis. Gonna be a busy boy. Construction side of things.

All my vehicles are vans/trucks and I claim 80% overall for business use. Which I think is more than fair. Missus not on the books.

 

Using capital allowances is not 'creative accounting to avoid paying tax'- it's an incentive to invest in your business and provide jobs/tax/vat. Who would bother otherwise if you couldn't write a digger off against your tax? It's not a grey area like a brand new double cab pickup (mine is fifteen years old BTW!)- it's business use only. So being penalised for this on a mortgage application sucks, and being penalised for it in any compensation from the government would be doubly unfair.

[trigger_andy]

Just now, doobin said:

All my vehicles are vans/trucks and I claim 80% overall for business use. Which I think is more than fair. Missus not on the books.

 

Using capital allowances is not 'creative accounting to avoid paying tax'- it's an incentive to invest in your business and provide jobs/tax/vat. Who would bother otherwise if you couldn't write a digger off against your tax? It's not a grey area like a brand new double cab pickup (mine is fifteen years old BTW!)- it's business use only. So being penalised for this on a mortgage application sucks, and being penalised for it in any compensation from the government would be doubly unfair.

Im not gonna argue with you. Like I said my brother and a lot of my friends are self employed. I want whats best for them too!

 

I know they pay very little tax and NI after everything you mention and what Ive mention is written off as tax. They always have a giggle at how little they pay, and Im not adverse to that. Who wants to pay more tax? If I could pay less I would too!

 

My point is its hardly unknown to the HMRC is it? Nothing gets past them. All Im saying is I cant see them getting a bleeding heart over SE guys. 

[Mark J]

8 hours ago, trigger_andy said:

Socialist principles, that will be required to be paid back. As a stop-gap to returning to the real world....

 

Only a socialist ever thinks these things come for free, or from the government. 

Absolutely. Just as the mortgage breaks and 80% funding for bigger firms will have to be paid back.
Nothing is free in this world.

Edited March 23, 2020 by Mark J

[trigger_andy]

1 minute ago, Mark J said:

Absolutely. Just as the mortgage breaks and 80% funding for bigger firms will have to be paid back.
Nothing is free in this world.

'socialistic leanings' like in this crisis is much akin to holding your breath to get through a flooded room. You can do it for a short burst to get you through the danger zone but hold it much longer and it will kill you.  

 

 

[Mark J]

Just now, trigger_andy said:

'socialistic leanings' like in this crisis is much akin to holding your breath to get through a flooded room. You can do it for a short burst to get you through the danger zone but hold it much longer and it will kill you.  

 

 

Maybe so.
Perhaps they should just close the NHS and let everyone fight for scraps in the street.

 

[trigger_andy]

15 minutes ago, Mark J said:

Maybe so.
Perhaps they should just close the NHS and let everyone fight for scraps in the street.

 

Now that would be silly.  We can be a capitalist country with a strong social welfare can we not? Works in Scandinavia so why not here? The problem arises when the balance of social verses capitalism swings too far in either direction. We need the yin and we need the Yang. The trick is to keep the metronome in the middle. 

Edited March 23, 2020 by trigger_andy

[Mark J]

We could. I think that it'll take some time before enough people realise that though.

 

[trigger_andy]

Just now, Mark J said:

We could. I think that it'll take some time before enough people realise that though.

 

Realise what? 

[Mark J]

 

13 minutes ago, trigger_andy said:

The trick is to keep the metronome in the middle. 

 

[Ratman]

I do get how scary and obviously life threatening this virus is but my situation is I work mostly on my own and on everyday working very rearly come into contact with the client apart from when making a site vist for quotation.you can still be able to work as it’s all out side and still be sensible about it.

There has to be a compromise in any situation, you’ve hit the nail on the head with your “sensible” quote.
Downside to this whole pandemic is as we’ve said before, the majority of the UK population are...... (pick your own word to fill the gap here!) as apposed to being sensible regards the situation!