Government Help For Self Employed Workers

[Rough Hewn]

Just spoken to hmrc.
No help coming.

[tree-fancier123]

2 minutes ago, Rough Hewn said:

Just spoken to hmrc.
No help coming.

well as you know the payment on account tax for self employed can now be deferred til next Jan, like an interest free loan. You would normally put some money aside to pay the tax bill in July?

And if your main income was self employed for last three years, even if you've been investing you must surely have declared a profit of at least £10000 - £15000 after annual investment allowance and expenses? So you should be contacted by them and be eligible for 80% of your average monthly profits x 3 in June. Stack shelves for a few weeks. I mean you're being a bit fussy - oh no it must be with chainsaws or nothing. Just do anything to survive. Then back to what you want to do when things pick up.

[trigger_andy]

On 02/04/2020 at 09:00, struie said:

hey andy,how u.we used to get a percentage of tax back when i worked on the ekofisk field,mind you that was back in the early eighties, sedco.

I think that was all to do with double taxation? Or maybe as they took an automatic 50% tax on bonuses and at the end of the Tax Year you should get a percentage back if your earnings dont push you into the next bracket up. Im a flat 46% now and even paying 50% on my bonus and OT I still have some to pay back this year. Hopefully I'll get the work to cover it. Should be fine though. 

 

Ekofisk now has the worlds largest off-shore hotel. Its amazing, 700 single man cabins. Its like a Cruise Ship inside. 

[struie]

32 minutes ago, trigger_andy said:

I think that was all to do with double taxation? Or maybe as they took an automatic 50% tax on bonuses and at the end of the Tax Year you should get a percentage back if your earnings dont push you into the next bracket up. Im a flat 46% now and even paying 50% on my bonus and OT I still have some to pay back this year. Hopefully I'll get the work to cover it. Should be fine though. 

 

Ekofisk now has the worlds largest off-shore hotel. Its amazing, 700 single man cabins. Its like a Cruise Ship inside. 

hey andy.how u.i seen it once,we were down their on the omega,it was bloody enormous,noggys certainly know how to look after the work force,we were gettin 1 in 1out back in 1984,worst i experienced was on beryl,5of us,deck crew,in 1 cabin,fckn shite after the omega,couldny get a chug in piece,  waiten for everybody else to nod off?

[trigger_andy]

4 minutes ago, struie said:

hey andy.how u.i seen it once,we were down their on the omega,it was bloody enormous,noggys certainly know how to look after the work force,we were gettin 1 in 1out back in 1984,worst i experienced was on beryl,5of us,deck crew,in 1 cabin,fckn shite after the omega,couldny get a chug in piece,  waiten for everybody else to nod off?

Its mental, huh? Yeh, was often in 4 man cabins in the UK Sector, but more often than not in a 2 man, but always on the same shift with the other guy. Retarded. Done plenty nights in West and North Africa in 6 and 8 man containers.  With the locals, fun. ? 

[topchippyles]

2 hours ago, Rough Hewn said:

Just spoken to hmrc.
No help coming.

Cannot take what you have not got, Rented yard/rented house and truck is on its last legs, Fuckem i say and plead poverty which is the situation your in, Eat or pay taxman, EAT comes first 

[swinny]

2 hours ago, Rough Hewn said:

Just spoken to hmrc.
No help coming.

Universal credit then?

[Rough Hewn]

Universal credit then?

Yep. Been filling out forms for days.
All I need now is to do my last 12 months books, in the next few days.
Which will be interesting...[emoji51]

[Bloom]

19 minutes ago, Rough Hewn said:

Yep. Been filling out forms for days.
All I need now is to do my last 12 months books, in the next few days.
Which will be interesting...

I bet you made a fortune... ?

[eggsarascal]

Roughy, have you got a local Facebook job page?, around here the supermarkets are advertising for delivery drivers, warehouse staff, admitidly it ain't a fortune, but with a bit of overtime you'd get somewhere around £500/week top of your ticket, not to be sneezed when things are as shit as they are.