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Well
It’s worth considering ?? They could use some type of A I in the surgeries ???

Or may be to cut costs transfer all calls to a call centre in Mumbai / India ????
If you do consult some quality news rather than the beano you will find that the settlement rate for contracted NHS eg Dr surgeries will be compensated in the April contract renewal... Oh and by the way the average GP surgery (4 staff apparently) turn over 1.2 million and have a gross profit in excess of £600k...
 
There's also an effect on the bonds they use to raise money through the carry interest.
How’s that work?


I had to look it up.
The carry interest is the money thieving bastard "investors" make on the money they hold for you, and use to give you a return. Like thieving bastard pension companies. They take say £100, give you a "safe and secure" £4, while making making easily £50 this year, for themselves.
That is paid to the partners as a bonus, which for some reason is taxed as cgt.

Those figures are not silly. If I can make over 100% in a year just using 2-3 obvious unrisky funds and ETFs, not really "trading" or trying very hard, imagine what a sophisticated financier can do.

I know a fellow this affects
He uses a trading bot, which returns him about 34% a year. Whizzy woo, no problem attracting people, evidently.
He quotes that and people hand over their money to get a good rate. He multiplies his investments, = his own and maybe some of his clients' in some way which I daresay is thoroughly(?) regulated. People like him can use lots of tricks, such as , coincidentally with a similar name, the carry trade. That's where you borrow as much as possible from say Japan, at a tiny rate, and reinvest it somewhere the interest rate is much higher. There's a "gearing" in there which means you don't lose it all when you swap the money back to your own currency. The gearing can be as much as 1000.. (That's why there's of the order of $10,000,000,000,000 of money moved around the world every day - Reeves should use that...)

I'm in the dispicable end of JD's graphs. If/when I carry on day trading ( = short term investing) I can do it in schemes which are designed to avoid paying tax. If HMRC think it's your "job" it still gets taxed, but I don't know anyone who actually pays tax using them. I didn't bother to avoid until recently, happy to pay, but it's a bit complex. Simpler to avoid. . If you're an old git like me you and your wife filled your isas ever since they were TESSAs, which are all tax free, as are dividends from pensions.
If you think the growth figures are BS, an example in one wee graph for a co you might have heard of: Near 80x in a year and a bit. I could have picked others, eg NVIDIA3 which went 183x
1730506332518.png

I don't know much about IHT, except that , not mentioned above, the allowance can be passed from a deceased spouse to the surviving, so 650k which covers a lot more houses.
Passing on, from us, the cat's home will have to be happy with what's not taxed.

Reeves has shot herself in the foot according to some. Non-Doms can be truly wealthy and spend a lot in this country because they live here. They'll go abroad, to benefit from other countries' continuing non-dom status.
There is International IHT , so as soon as rich people move abroad, the sooner they escape the clutches of the Uk's rules. They'll pay none here and save millions/billions, if they had it. Should have taken the blinkers off, Rache. They only have to spend part of the year elsewhere, I believe..
 
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transam's post
GP surgery’s and certain other health providers have concerns about these new costs to employers ??

One would have thought that such places were excempt from the tax

Private schools taking there case ref vat to the high court :giggle:

Rachael can thank us brexiteers :cool:for being able to put vat on education
my reply
They are usually private businesses at the end of the day. Time to make the receptionist redundant and replace him or her with an iPad.

Labour - the party for working people :LOL:
and you were confused enough to think..
I doubt that was the business mbk was talking about
 
Does anyone else think that Rachael Reeves looks like an AI generated person? Reminds me a bit of that Max Headroom character from the 80’s.
Thought the same about truss. Definitely a high functioing type. But how would we have had the mona lisa, st pauls cathedral, the theory of relativity without neuro divergence.
 
If you do consult some quality news rather than the beano you will find that the settlement rate for contracted NHS eg Dr surgeries will be compensated in the April contract renewal... Oh and by the way the average GP surgery (4 staff apparently) turn over 1.2 million and have a gross profit in excess of £600k...

Oh so why do various GP providers have concerns ?

Basically it would appear that Racheal is having a George osbourne pasty moment ?

She will have to back track ( probably )

And do make an attempt to consult some quality news for ounce ;) :giggle:

You a party member ???
 
Oh so why do various GP providers have concerns ?

Basically it would appear that Racheal is having a George osbourne pasty moment ?

She will have to back track ( probably )

And do make an attempt to consult some quality news for ounce ;) :giggle:

You a party member ???
because it affects their profits as they are a business...
 
Well there is likely to be a review of the policy ?

Because the impact was not properly considered ?
Likely to be a review ??? Stop reading the daily mail... Instead have a look at the Chief Secretary to the Treasure response... no review.

The impact was considered and is to be factored in to the April GP contract renewal...see Wes Streeting, who also pointed out that vast sums of money go to GP partners, the ones who own the business, causing a massive disparity in pay, did you know that over 25% of partner GP's earn more that 400k per year, 37% earn between 200k and 400k and the minimum for a partner is 165K, partners make up 45% of the GP workforce....and a employed GP in a practice earns £68k. So to answer your question with a question why should the super rich GP partners that operate a business not pay...oh that's right because they cannot quite funnel so much money down their own trousers.

What did you expect from a labour goverment...we have created a have and have not society and quite rightly they want to balance that up a bit..its in their nature.

Ni rises balance the cheap labour that business have been fed, we pay as taxpayers for business wages via tax credits and in work benefits...why shouldn't business pay for their labour ?
 
Likely to be a review ??? Stop reading the daily mail... Instead have a look at the Chief Secretary to the Treasure response... no review.

The impact was considered and is to be factored in to the April GP contract renewal...see Wes Streeting, who also pointed out that vast sums of money go to GP partners, the ones who own the business, causing a massive disparity in pay, did you know that over 25% of partner GP's earn more that 400k per year, 37% earn between 200k and 400k and the minimum for a partner is 165K, partners make up 45% of the GP workforce....and a employed GP in a practice earns £68k. So to answer your question with a question why should the super rich GP partners that operate a business not pay...oh that's right because they cannot quite funnel so much money down their own trousers.

What did you expect from a labour goverment...we have created a have and have not society and quite rightly they want to balance that up a bit..its in their nature.

Ni rises balance the cheap labour that business have been fed, we pay as taxpayers for business wages via tax credits and in work benefits...why shouldn't business pay for their labour ?

Never read the above

Probably waffle ant way

Just have to see carmans response ( thanks) at the end to conclude it’s probably waffle :giggle:
 
Typical smoke and mirrors type budget ?

Care homes also voicing concerns

I don’t read the wail :cool:
40 billion is not smoke and mirrors... again as pointed out before 22 Billion to the NHS is to give the whole health sector a revamp. They key question is why...if you look back at the the past two labour conferences it was argued that the Treasury under the conservatives had become the key policy maker, in that funding settlements that were at best just below inflation, any extra cash by any department had to get treasury approval, so the Treasury had an effective veto on government policy. That model has now been blown apart.. Labour have with one stroke put power back where it belongs , in the hands of those accountable to the public.
 
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