Budget

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The employee doesn’t pay Employers National Insurance.

So no it doesn’t mean less money in your packet.

Wages have stagnated over the 14 years of Tory power….that’s a lot less money in your pay packet…..but MKG wint admit Tories have f****d this country for the majority
Quite simple , but he struggles with it
 
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The quote was a reply to Denso. He has previously told us he is not a high paid worker. In your case however, the increase is impacting you more than an employee. You see on your "pay packet" employers NI, employee NI.. thats you on both counts.
Think it through a bit more.
less money, means less money in your pay packet. sorry you didn't realise that.
No. No pay rise doesn't mean less money in your pay packet. Fairly obvious
Yep naive or stupid
You qualify on both looking at your overall assessment of this
50% tax rises will not increase wages for the lower paid.
I think the budget spoke about minimum wages, did it not ?
 
Yep. And the NI isn't going to affect my profits enough to bother me

I work when it suits it me. Always (nearly always) at a profit. All costs come out of my overheads.

So not sure where mbk thinks this impact is going to affect me.
Well if you can't see it, you're doomed.
 
Well if you can't see it, you're doomed.
You don't understand business do you

Take on any car job and see if you can make a profit EVERY time. Things break, tools need to be bought, mistakes happen.

It's the overall results that matter. I've been doing it long enough to know the difference. Will wait for you to learn.
 
Yep. And the NI isn't going to affect my profits enough to bother me

I work when it suits it me. Always (nearly always) at a profit. All costs come out of my overheads.

So not sure where mbk thinks this impact is going to affect me.
Quite simple , but he struggles with it
You don't understand business do you

Take on any car job and see if you can make a profit EVERY time. Things break, tools need to be bought, mistakes happen.

It's the overall results that matter. I've been doing it long enough to know the difference. Will wait for you to learn.
Doesn't sound like its me who is struggling to understand that higher employment costs on me and my suppliers impacts my business.
 
The employee doesn’t pay Employers National Insurance.

So no it doesn’t mean less money in your packet.

Ah this old chestnut.

Companies have budgets to pay salaries, tax and NI and any other "perks" - and this includes employer NI. Its been estimated that the vast majority of employers, who have to pay higher NI will simply hand out lower pay rises.
 
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