Budget

[ReganAndCarter]

With interest.

7.5%

 

[motorbiking]

These stores are in the UK, so that's where those staff need to be.

incorrect - I've already explained that is not true. IT, Finance, Operations, customer services, HR etc etc

You are trying to tell us these jobs can be moved to lower cost countries.

correct - as evidenced by the fact that every large retailer in the UK has invested heavily in doing so,

 

[motorbiking]

7.5%

Actually I was wrong. It appears they can pay it off interest free within 10 years.

Not too easy paying off 1/2 a million tax bill with 40-50k net profit each year.

If it was a mortgage nobody would lend you 500k on an income of 50.

 

[carmanmemoranda]

incorrect - I've already explained that is not true. IT, Finance, Operations, customer services, HR etc etc

Not the jobs the stores were talking about. Your deflection only

correct - as evidenced by the fact that every large retailer in the UK has invested heavily in doing so,

Irrelevant.

Stick to the reason for the comments about NI affecting the retail level jobs.

 

[motorbiking]

Not the jobs the stores were talking about. Your deflection only

Irrelevant.

Stick to the reason for the comments about NI affecting the retail level jobs.

Retail is an industry. You do understand that?

People who work in "Retail", don't just sit on tills.

 

[carmanmemoranda]

Retail is an industry. You do understand that?

People who work in "Retail", don't just sit on tills.

You do understand the EXACT people/staff they were on about ?

You do understand don't you ?

 

[Notch7]

Maybe if she had been an actual economist, she'd have known that employer NI + salary + benefits are all the "cost of an employee". Let's call that X. Then you have the value of the employee, lets call that Y.

If X is greater than Y then you must reduce X. If Y is greater than X, then you must retain the employee. That is pure economics for a company operating in a market economy.

So increasing employers NI, costs jobs and impacts working people. its funny that she understood this in 2021, but not in 2024.

I see Motorbiking hasnt come up with the answers on how to sort out the:

8 million NHS waiting list
prisons collapsing
schools literally collapsing
councils at point of bankruptcy
housing benefits costs rocketing

apparently Motorbikings answer is: let public services fail then he can blame the failure on state ownership giving an excuse for privatisation so we can all give even more money to shareholders

 

[motorbiking]

I see Motorbiking hasnt come up with the answers on how to sort out the:

8 million NHS waiting list
prisons collapsing
schools literally collapsing
councils at point of bankruptcy
housing benefits costs rocketing

apparently Motorbikings answer is: let public services fail then he can blame the failure on state ownership giving an excuse for privatisation so we can all give even more money to shareholders

nope. I've stated you start by correcting the incorrect assumption that the source of income is fixed.

 

[Notch7]

With interest.

LIAR

Above this amount, landowners will pay inheritance tax at a reduced rate of 20%, rather than the standard 40%. This tax can be paid in instalments over 10 years interest free, rather than immediately, as with other types of inheritance tax

 

[denso13]

No business leader will adopt Denso's suggestion.

Fine. But don't blame anyone else, they have the choice.

 

[denso13]

If it was a mortgage nobody would lend you 500k on an income of 50.

No need, they have the cash to cover it.

 

[motorbiking]

LIAR

Above this amount, landowners will pay inheritance tax at a reduced rate of 20%, rather than the standard 40%. This tax can be paid in instalments over 10 years interest free, rather than immediately, as with other types of inheritance tax

Actually I was wrong. It appears they can pay it off interest free within 10 years.

Not too easy paying off 1/2 a million tax bill with 40-50k net profit each year.

If it was a mortgage nobody would lend you 500k on an income of 50.

keep up.

 

[motorbiking]

No need, they have the cash to cover it.

cash? Like the RNLI with their billion in the bank

 

[JohnD]

Not too easy paying off 1/2 a million tax bill with 40-50k net profit each year.

If a business with a net value of £5million

Produces £50k or less profit per year

The business owners should take up another hobby.

 

[motorbiking]

If a business with a net value of £5million

Produces £50k or less profit per year

The business owners should take up another hobby.

This explains why you are making such stupid statements. Clearly you haven't done any research on Farming. If you had, you'd be aware that this is life for the typical farmer operating a 350 acre farm. Actually it's a closer to a high performing farm. (58k per year)