Customers wanting to pay cash.

[JohnD]

HMRC have been steadily closing the loophole by reducing the amount of dividends you can take before paying tax on them which I suppose is only fair

You are mistaken.

In fact, the government of the United Kingdom has recently been reducing the loophole by reducing the amount of dividends you can take before paying tax on them

The £5,000 tax-free dividend allowance which the government introduced in 2016 was blatantly unfair and gave preferential treatment to the rich.

For example, a person owning £200,000 worth of shares in a company with a dividend yield of 2.5% would pay no tax on the income. Even a company with a yield of 4% could own £125,000 and pay no tax on his dividends.

This wealthy person also has a tax-free allowance of (currently) £12,000 a year on profits made by selling some of his shares after the price has risen.

This is on top of the personal allowance. No National Insurance is charged on Dividend income, no matter how wealthy you are.

These benefits are not restricted to people who are performing a public service or adding to the quality and morality of our nation.

There is no such generosity to the poor or disabled.

Tax cuts for the rich are as necessary as free doughnuts for the obese.

 

[Mottie]

So what are you saying - people shouldn't have shares in companies unless the 'poor' can have them as well? I know someone who you would probably call 'rich'. She had over £50,000 in RBS shares. They were practically worthless last time she checked. Being a shareholder is no guarantee of future profits.

JohnD. Define 'Rich'. Care to share your circumstances with us? Are you employed, self employed, unemployed, company director, getting a private pension, state pension, own your own house/car?

 

[JohnD]

So what are you saying - people shouldn't have shares in companies unless the 'poor' can have them as well?

You are hallucinating again.

Go and try to find anywhere I have said that.

Are you on glue?

 

[Mottie]

Define 'Rich'. Care to share your circumstances with us? Are you employed, self employed, unemployed, company director, getting a private pension, state pension, own your own house/car?

Sorry, I missed your answer. Say again?

 

[JohnD]

I said, "Are you on glue?"

 

[Mottie]

I said, "Are you on glue?"

No. And your answer to my question?

 

[JohnD]

Why don't you explain why you are hallucinating and making up things that I didn't say?

If it's not glue, is it nitrous oxide?

 

[Mottie]

Okay, I get it. You are avoiding answering because you know you'll be caught out as you're being two-faced and hypocritical again just like you were the other day when you were slagging off major corporations - IBM/Apple/Google/Microsoft etc - but refused to answer the question of how you managed to post on here without using them. I didn't realistically expect you to answer anyway as, like others, I've long had the measure of you anyway. Sad bastard.

 

[JohnD]

Sad bastard.

Poor abusive mottie makes something up and pretends I have said it, them blusters and rambles.

 

[JohnD]

Poor mottie cannot produce anything to show that my statements are incorrect.

You are mistaken.

In fact, the government of the United Kingdom has recently been reducing the loophole by reducing the amount of dividends you can take before paying tax on them

The £5,000 tax-free dividend allowance which the government introduced in 2016 was blatantly unfair and gave preferential treatment to the rich.

For example, a person owning £200,000 worth of shares in a company with a dividend yield of 2.5% would pay no tax on the income. Even a company with a yield of 4% could own £125,000 and pay no tax on his dividends.

This wealthy person also has a tax-free allowance of (currently) £12,000 a year on profits made by selling some of his shares after the price has risen.

This is on top of the personal allowance. No National Insurance is charged on Dividend income, no matter how wealthy you are.

These benefits are not restricted to people who are performing a public service or adding to the quality and morality of our nation.

There is no such generosity to the poor or disabled.

Tax cuts for the rich are as necessary as free doughnuts for the obese.

Perhaps he likes doughnuts.

 

[Mottie]

Yaaaaaaaaaaaaaawwwwwwn!

 

[JohnD]

poor mottie is tired after all those doughnuts.

It would be difficult for him to think of an excuse for accusing me of something I didn't say.

Perhaps while he is asleep he will have another dream.

 

[Mottie]

I dreamt that I bought a loaf of bread named after you. When I woke up and looked in my bread bin I found I was mistaken. It said 'Thick cut'.

 

[JohnD]

another hallucination.

Could it be your meds need reassessing?

 

[jj4091]

My jobs come in at around the £750-£2000 range. Not big money. Increasingly im getting customers offering cash for a discount. I am genuineley not interested becasue if i did accept every offer little would go through my accounts. And not only that my prices are very keen so i just cannot go lower. My dilema is i need the work so how would you/i politeley decline the offer but not lose the job? I know people are just trying it on but i do get people that go elsewhere once i refuse to budge.

Personally, I always used to say that I would accept cash & give a discount but any work done would not be guaranteed for obvious reasons, seemed to change their point of view pretty quickly.