Well it Was Bound To Happen.!!!

[5 shires]

So the chancellor is seriously thinking about hitting the Self Employed with higher taxes to try a scrape back some of the Billions he has given out which was always going to happen and will be interesting how he goes about doing that and good luck to him if he can pull it off....don’t be surprised if the fuel price starts to rocket up and road tax....the % of people who work knew this was coming it was only a matter of time and not sure who it will hit the most,the small one man band or the big guns....i’am no money expert and get by as I always have but these are very strange times and it’s not over yet...and you have got to be some kind of idiot if all this money he has loaned out and the grants he has given wouldn’t have to be paid back sooner rather then later....there are more intelligent guys on here who know more about the workings of VAT etc then me and be interesting to hear other views...even though I haven’t claimed for anything I would be happy to pay a little extra as long as i’am earning as I don’t want the country to become bankrupt,it’s bad enough as it is with everything else going on.

[kevinjohnsonmbe]

It's certainly been on the cards.

 

Worrying if he sets out to additionally penalise those that were, in the large part, least 'supported' by the various bale outs.

 

Have you seen / heard a specific reference to anticipated claw back strategies or is it just a general feeling?

 

Been out all day so haven't heard any of the latest news and opinions.

 

[jfc]

I reckon the VAT threshold will be significantly reduced. Don't bother me now as I went vat registered ghis year.

[kevinjohnsonmbe]

1 minute ago, jfc said:

I reckon the VAT threshold will be significantly reduced. Don't bother me now as I went vat registered ghis year.

That could be seen as a positive action by all SMEs that are already VAT registered since it would drive down the number of non-VAT reg companies that are able to under price VAT reg companies by 20%.

 

Make no difference to the pricing or profit, just means customers would have less access to non VAT reg service suppliers. 

 

Not so good for the customer perhaps.

[Mark Bolam]

What will really cripple the economy is when I submit my invoice for home schooling.

[trigger_andy]

1 hour ago, 5 shires said:

So the chancellor is seriously thinking about hitting the Self Employed with higher taxes to try a scrape back some of the Billions he has given out

About bloody time!

[5 shires]

1 hour ago, 5 shires said:

So the chancellor is seriously thinking about hitting the Self Employed with higher taxes to try a scrape back some of the Billions he has given out which was always going to happen and will be interesting how he goes about doing that and good luck to him if he can pull it off....don’t be surprised if the fuel price starts to rocket up and road tax....the % of people who work knew this was coming it was only a matter of time and not sure who it will hit the most,the small one man band or the big guns....i’am no money expert and get by as I always have but these are very strange times and it’s not over yet...and you have got to be some kind of idiot if all this money he has loaned out and the grants he has given wouldn’t have to be paid back sooner rather then later....there are more intelligent guys on here who know more about the workings of VAT etc then me and be interesting to hear other views...even though I haven’t claimed for anything I would be happy to pay a little extra as long as i’am earning as I don’t want the country to become bankrupt,it’s bad enough as it is with everything else going on.

Kev I have been reading bits and pieces all week but only in the small print none specified parts of the news but today it seems like he is on the verge of making some announcements over the next few days.

[5 shires]

26 minutes ago, Mark Bolam said:

What will really cripple the economy is when I submit my invoice for home schooling.

I bet your owed millions by now Mark👍

[Mark Bolam]

If I get a quid for every time someone (and I include myself and the wife here) has a meltdown over a ‘fronted adverbial’ or ‘grapheme’, we won’t have to work again.

 

See you later suckers!

[5 shires]

1 hour ago, Mark Bolam said:

If I get a quid for every time someone (and I include myself and the wife here) has a meltdown over a ‘fronted adverbial’ or ‘grapheme’, we won’t have to work again.

 

See you later suckers!

You lost me on “Fronted”🤔