Self Employed

This Forum is the main messageboard to discuss all things Claret and Blue and beyond
CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Self Employed

Post by CombatClaret » Fri Mar 20, 2020 6:07 pm

Employees can get 80% of wage up to £2.5k a month.

Self employed, some of whom have seen their entire industries close overnight get £95 a week through the already dysfunctional universal credit system. Shafted

Stan8
Posts: 76
Joined: Fri Jan 22, 2016 1:08 pm
Been Liked: 8 times
Has Liked: 4 times

Re: Self Employed

Post by Stan8 » Fri Mar 20, 2020 7:10 pm

Iam a self employed gardener I will be carrying on whatever(unless I get the virus) got to feed my family,and pay the bills all my regulars still want me to go it’s all about using common sense,never really come into contact with anyone while working anyway full steam ahead!self employed been **** on as normal,while all the dossers get everything paid for as usual.
This user liked this post: Blackrod

GodIsADeeJay81
Posts: 3756
Joined: Thu Feb 01, 2018 9:55 am
Been Liked: 727 times
Has Liked: 1564 times

Re: Self Employed

Post by GodIsADeeJay81 » Fri Mar 20, 2020 7:14 pm

The gov are dealing with each section of workers with each new daily briefing, so I wouldn't be surprised if they announce something soon.

ClaretDiver
Posts: 1232
Joined: Sun Jan 24, 2016 5:00 am
Been Liked: 312 times
Has Liked: 13 times

Re: Self Employed

Post by ClaretDiver » Fri Mar 20, 2020 7:25 pm

Combat Claret, this is incorrect, an employer can apply for a grant to allow them to continue paying fulltime staff but this will only cover 80% of that wage....it is down to the employer, not the employee and even then, the employer will have tp pay it back!

Vince Fontaine
Posts: 390
Joined: Wed Feb 03, 2016 9:41 pm
Been Liked: 147 times
Has Liked: 35 times
Location: Colne

Re: Self Employed

Post by Vince Fontaine » Fri Mar 20, 2020 7:29 pm

ClaretDiver wrote:
Fri Mar 20, 2020 7:25 pm
Combat Claret, this is incorrect, an employer can apply for a grant to allow them to continue paying fulltime staff but this will only cover 80% of that wage....it is down to the employer, not the employee and even then, the employer will have tp pay it back!
It’s a grant. The employer does not have to pay it back!!!!!!!!!!

Stan8
Posts: 76
Joined: Fri Jan 22, 2016 1:08 pm
Been Liked: 8 times
Has Liked: 4 times

Re: Self Employed

Post by Stan8 » Fri Mar 20, 2020 7:35 pm

£95 what does that cover ,I also rent as well with 3 kids like I say ,I will work if fit and well even if it meant being locked up .

ClaretDiver
Posts: 1232
Joined: Sun Jan 24, 2016 5:00 am
Been Liked: 312 times
Has Liked: 13 times

Re: Self Employed

Post by ClaretDiver » Fri Mar 20, 2020 7:46 pm

Vince Fontaine wrote:
Fri Mar 20, 2020 7:29 pm
It’s a grant. The employer does not have to pay it back!!!!!!!!!!

Fair call Vince, my apologies...but it is still my understanding that it is the employer who needs to apply, not the employee?? How is it pais to the employee and how is it monitored??Genuine questions??

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Fri Mar 20, 2020 8:28 pm

GodIsADeeJay81 wrote:
Fri Mar 20, 2020 7:14 pm
The gov are dealing with each section of workers with each new daily briefing, so I wouldn't be surprised if they announce something soon.
Today WAS the employee and self employed announcement. That was the grand sum of relief for the self employed.

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Fri Mar 20, 2020 8:33 pm

ClaretDiver wrote:
Fri Mar 20, 2020 7:46 pm
Fair call Vince, my apologies...but it is still my understanding that it is the employer who needs to apply, not the employee?? How is it pais to the employee and how is it monitored??Genuine questions??
Employee has to be PAYE so they're all on the tax system which is auto deducted, might just be the reverse of that. Paid to the employer then paid to employee.
People on zero hours contracts will apparently be entitled to something, no details yet. If I were to guess it might be based on their average take home over a period of time.

Burnley1989
Posts: 1884
Joined: Sun Apr 08, 2018 2:19 am
Been Liked: 594 times
Has Liked: 679 times

Re: Self Employed

Post by Burnley1989 » Fri Mar 20, 2020 8:33 pm

One of my mates that is self employed enjoys 3-4 holidays a year paying himself minimum wage, surprised he hasnt put the 40k a year he gets in cash deals that he ‘can’t get rid of cash, it’s well hard’

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Fri Mar 20, 2020 8:35 pm

Stan8 wrote:
Fri Mar 20, 2020 7:10 pm
Iam a self employed gardener I will be carrying on whatever(unless I get the virus) got to feed my family,and pay the bills all my regulars still want me to go it’s all about using common sense,never really come into contact with anyone while working anyway full steam ahead!self employed been **** on as normal,while all the dossers get everything paid for as usual.
Industries I work in; Film, Theatre & Tourism. All essentially closed

Govt has tried hard over the years to make more and more people self employed, touting it as the great freedom but in fact reduces companies need for sick pay, holiday etc. And now another middle finger.
This user liked this post: Blackrod

CrosspoolClarets
Posts: 2509
Joined: Thu Jan 21, 2016 9:00 pm
Been Liked: 842 times
Has Liked: 223 times

Re: Self Employed

Post by CrosspoolClarets » Fri Mar 20, 2020 8:45 pm

My income will be either decent, or zero. Depends on whether something comes off.

But I’m not complaining - yet. Absolutely right the government prioritises the very lowest paid.

There are things the Chancellor can do for self employed/contractors/sole-directors, but it will be tricky to administer and make fair. He has to do something though, we are part of the lifeblood of the country, think hairdressers, shop owners, publicans, taxi drivers.
This user liked this post: Blackrod

Claret-On-A-T-Rex
Been Liked: 1 time
Has Liked: 506 times

Re: Self Employed

Post by Claret-On-A-T-Rex » Fri Mar 20, 2020 8:52 pm

CombatClaret wrote:
Fri Mar 20, 2020 8:28 pm
Today WAS the employee and self employed announcement. That was the grand sum of relief for the self employed.
Unbelievable, what a joke of a government.

4.8 million people just got hung out to dry.

Johnson is already going down as the worst, most useless prime minister in history.

Claret-On-A-T-Rex
Been Liked: 1 time
Has Liked: 506 times

Re: Self Employed

Post by Claret-On-A-T-Rex » Fri Mar 20, 2020 8:57 pm

CrosspoolClarets wrote:
Fri Mar 20, 2020 8:45 pm
My income will be either decent, or zero. Depends on whether something comes off.

But I’m not complaining - yet. Absolutely right the government prioritises the very lowest paid.

There are things the Chancellor can do for self employed/contractors/sole-directors, but it will be tricky to administer and make fair. He has to do something though, we are part of the lifeblood of the country, think hairdressers, shop owners, publicans, taxi drivers.
Computer programmers, graphic designers, artists, writers, farmers, painters and decorators, carpenters...

"Yeah, go self-employed." (tory government)

Coronavirus strikes..."here's 95 quid a week. Cheers." (tory government).

Burnley1989
Posts: 1884
Joined: Sun Apr 08, 2018 2:19 am
Been Liked: 594 times
Has Liked: 679 times

Re: Self Employed

Post by Burnley1989 » Fri Mar 20, 2020 9:05 pm

Sounds horrible to say but he needed to focus firstly on the main industry’s that employee the big numbers to keep the country from collapsing. I know it sounds selfish but the risk people take being self employed means they must have a contingency fund if they have large outgoings.

I really do feel for a lot of my mates and some family and I’m sure (and hope) it will be sorted soon

boatshed bill
Posts: 5502
Joined: Thu Jan 21, 2016 10:47 am
Been Liked: 1176 times
Has Liked: 2594 times

Re: Self Employed

Post by boatshed bill » Fri Mar 20, 2020 9:22 pm

Let's be perfectly frank here.
I have been self employed for 35 years, I have had numerous tax advantages through self-employment. I have paid a tiny amount in national insurance when compared to employed people on similar income. I still work part time and may be able to do so during the pandemic.

Not so bad is it really?
These 3 users liked this post: tarkys_ears Burnley1989 bobinho

barba
Posts: 207
Joined: Thu Jun 16, 2016 10:56 am
Been Liked: 73 times
Has Liked: 40 times

Re: Self Employed

Post by barba » Fri Mar 20, 2020 9:27 pm

boatshed bill wrote:
Fri Mar 20, 2020 9:22 pm
Let's be perfectly frank here.
I have been self employed for 35 years, I have had numerous tax advantages through self-employment. I have paid a tiny amount in national insurance when compared to employed people on similar income. I still work part time and may be able to do so during the pandemic.

Not so bad is it really?
I'd guess you are at the later end of your working career, so perhaps without children or a mortgage? What you say is correct but self employed don't get holiday pay, sick pay, pension funding and as we've seen today Government pandemic support.
This user liked this post: Blackrod

tarkys_ears
Posts: 1088
Joined: Tue Dec 18, 2018 11:30 pm
Been Liked: 256 times
Has Liked: 262 times

Re: Self Employed

Post by tarkys_ears » Fri Mar 20, 2020 9:30 pm

CombatClaret wrote:
Fri Mar 20, 2020 6:07 pm
Employees can get 80% of wage up to £2.5k a month.

Self employed, some of whom have seen their entire industries close overnight get £95 a week through the already dysfunctional universal credit system. Shafted
Shouldn't spend their entire lives avoiding tax.

That's what you should be saving your money for.... unemployment.

boatshed bill
Posts: 5502
Joined: Thu Jan 21, 2016 10:47 am
Been Liked: 1176 times
Has Liked: 2594 times

Re: Self Employed

Post by boatshed bill » Fri Mar 20, 2020 9:33 pm

barba wrote:
Fri Mar 20, 2020 9:27 pm
I'd guess you are at the later end of your working career, so perhaps without children or a mortgage? What you say is correct but self employed don't get holiday pay, sick pay, pension funding and as we've seen today Government pandemic support.
You are right, I also get a state pension. When i consider how little I've paid into that scheme I am truly grateful.
In reality situations happen where the self-employed have had to shoulder difficulties and financial downturns, but over all everything has been put in place through insurances to ease those losses.

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Fri Mar 20, 2020 9:34 pm

tarkys_ears wrote:
Fri Mar 20, 2020 9:30 pm
Shouldn't spend their entire lives avoiding tax.

That's what you should be saving your money for.... unemployment.
Classy, like most I pay thousands a year in tax.
Like most sensible self employed people I make sure to have enough between jobs and contracts, should I also keep enough in my back pocket just in case of global pandemics which shut down every job you've ever had?
These 3 users liked this post: nil_desperandum Blackrod Buxtonclaret

TheFamilyCat
Posts: 5973
Joined: Thu Jan 21, 2016 8:56 pm
Been Liked: 3003 times
Has Liked: 79 times

Re: Self Employed

Post by TheFamilyCat » Fri Mar 20, 2020 9:38 pm

Slightly off-topic but have they made any arrangements for anyone who can't work due to their kids being at home? Is it just left for each individual to sort out with their employer? What if somebody cannot get cover (maybe relied on grandparents) so cannot continue to work?

Colburn_Claret
Posts: 4189
Joined: Thu Jan 21, 2016 4:30 pm
Been Liked: 1605 times
Has Liked: 2386 times
Location: Catterick N.Yorks

Re: Self Employed

Post by Colburn_Claret » Fri Mar 20, 2020 9:40 pm

https://petition.parliament.uk/petitions/300336

A petition to get the self employed some SSP in these times.
644,000 + signataries so far.
I think the government would have got round to it anyway, but every little nudge helps.

nil_desperandum
Posts: 5750
Joined: Thu Jan 21, 2016 5:06 pm
Been Liked: 1400 times
Has Liked: 2629 times

Re: Self Employed

Post by nil_desperandum » Fri Mar 20, 2020 9:45 pm

Let's remember too that a lot of self-employed women made sound financial plans based on an expectancy of getting a state pension at 60.
So if you are coming up 62, like my wife, you may well have decided (with some reluctance) to continue working in order to maintain your lifestyle or simply pay the bills, so now you can't work either.
It's a v difficult situation they now find themselves in, and it looks like they could lose out again.

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Fri Mar 20, 2020 9:46 pm

Colburn_Claret wrote:
Fri Mar 20, 2020 9:40 pm
https://petition.parliament.uk/petitions/300336

A petition to get the self employed some SSP in these times.
644,000 + signataries so far.
I think the government would have got round to it anyway, but every little nudge helps.
Wasn't the govt announcement today essentially that, that through Universal Credit self employed can claim an amount equivalent to SSP.

Colburn_Claret
Posts: 4189
Joined: Thu Jan 21, 2016 4:30 pm
Been Liked: 1605 times
Has Liked: 2386 times
Location: Catterick N.Yorks

Re: Self Employed

Post by Colburn_Claret » Fri Mar 20, 2020 9:50 pm

CombatClaret wrote:
Fri Mar 20, 2020 9:46 pm
Wasn't the govt announcement today essentially that, that through Universal Credit self employed can claim an amount equivalent to SSP.
Must have missed it, my daughters partner is self employed and she asked me to sign it, given the thread title I thought it relevant.

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Fri Mar 20, 2020 9:53 pm

I signed up to UC today, filled in all my info online. Went through a complex identity check system.

Then was told I had to complete it I must ring up to get an appointment at a job center, these appointments are no longer happening btw.
I called before the press conference began and was on hold for 3 hours before being disconnected when they closed at 6:30pm

And this is the system millions will have to fall back on which barely functions on a good day.

MACCA
Posts: 11794
Joined: Thu Jan 21, 2016 7:10 am
Been Liked: 3031 times

Re: Self Employed

Post by MACCA » Fri Mar 20, 2020 9:57 pm

I'm not greedy, all I want it to survive this mess, not go into debt and still have a job/business at the end of it.

At the moment that's looking very unlikely, as me and the wife are both self employed, so its a double whammy of potentially no income what so ever if we are forced to close or isolate.

All I want is enough to get by.

Boris has done great so far, but please a little help for the self employed would be great.
These 3 users liked this post: CombatClaret Blackrod Buxtonclaret

Heathclaret
Posts: 366
Joined: Sun May 22, 2016 9:49 am
Been Liked: 155 times
Has Liked: 153 times
Location: Bracebridge Heath, Lincoln.

Re: Self Employed

Post by Heathclaret » Fri Mar 20, 2020 10:59 pm

Burnley1989 wrote:
Fri Mar 20, 2020 8:33 pm
One of my mates that is self employed enjoys 3-4 holidays a year paying himself minimum wage, surprised he hasnt put the 40k a year he gets in cash deals that he ‘can’t get rid of cash, it’s well hard’
Bull poop.

aggi
Posts: 5408
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1279 times

Re: Self Employed

Post by aggi » Fri Mar 20, 2020 11:19 pm

Also bear in mind that nowadays a lot of self-employed people are earning fairly minimal amounts as things like uber drivers, delivery drivers, etc

Burnley1989
Posts: 1884
Joined: Sun Apr 08, 2018 2:19 am
Been Liked: 594 times
Has Liked: 679 times

Re: Self Employed

Post by Burnley1989 » Fri Mar 20, 2020 11:24 pm

Heathclaret wrote:
Fri Mar 20, 2020 10:59 pm
Bull poop.
Haha is it? You’ve no idea then

I’ve more than one friend that is earning similar money. Standard joke is he has 2 working for him and has to turn down anything but cash jobs from June onwards

GodIsADeeJay81
Posts: 3756
Joined: Thu Feb 01, 2018 9:55 am
Been Liked: 727 times
Has Liked: 1564 times

Re: Self Employed

Post by GodIsADeeJay81 » Fri Mar 20, 2020 11:25 pm

Claret-On-A-T-Rex wrote:
Fri Mar 20, 2020 8:52 pm
Unbelievable, what a joke of a government.

4.8 million people just got hung out to dry.

Johnson is already going down as the worst, most useless prime minister in history.
Apparently that was May according to the left.
Now you're telling us Johnson is even worse?

Jakubclaret
Posts: 3026
Joined: Sun Oct 16, 2016 10:47 pm
Been Liked: 353 times
Has Liked: 272 times

Re: Self Employed

Post by Jakubclaret » Fri Mar 20, 2020 11:30 pm

Stan8 wrote:
Fri Mar 20, 2020 7:10 pm
Iam a self employed gardener I will be carrying on whatever(unless I get the virus) got to feed my family,and pay the bills all my regulars still want me to go it’s all about using common sense,never really come into contact with anyone while working anyway full steam ahead!self employed been **** on as normal,while all the dossers get everything paid for as usual.
You won't be alone, a earner is a earner in anybody's language, lots of jobs you can do without encountering anybody, I'm the same just keep your head down & crack on with it.
This user liked this post: Burnley1989

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Fri Mar 20, 2020 11:32 pm

aggi wrote:
Fri Mar 20, 2020 11:19 pm
Also bear in mind that nowadays a lot of self-employed people are earning fairly minimal amounts as things like uber drivers, delivery drivers, etc
There will be a ton of people who should be employed but are not, the only one who benefits are the business who can absolve all rights to the employee.
HMRC does nothing to track these businesses down. It's down to a whistleblower taking an employee to a tribunal and probably getting themselves fired whilst they seek a bit of sickness pay.

GodIsADeeJay81
Posts: 3756
Joined: Thu Feb 01, 2018 9:55 am
Been Liked: 727 times
Has Liked: 1564 times

Re: Self Employed

Post by GodIsADeeJay81 » Fri Mar 20, 2020 11:34 pm

CombatClaret wrote:
Fri Mar 20, 2020 8:28 pm
Today WAS the employee and self employed announcement. That was the grand sum of relief for the self employed.
So they don't need to pay their tax bill again this year and most self employed people I know put money away for their taxes, so that money is now freed up.

If those self employed people have set themselves up as a business they're then entitled to help via the grants the gov mentioned the other day.

I do agree that more could be done, but your statement was just missing stuff out to suit your agenda.

Also I'd assume that a lot of self employed people will have money set aside for a rainy day, after all a large portion of them will do undeclared cash jobs.
These 3 users liked this post: Burnley1989 Jakubclaret bobinho

Jakubclaret
Posts: 3026
Joined: Sun Oct 16, 2016 10:47 pm
Been Liked: 353 times
Has Liked: 272 times

Re: Self Employed

Post by Jakubclaret » Fri Mar 20, 2020 11:41 pm

aggi wrote:
Fri Mar 20, 2020 11:19 pm
Also bear in mind that nowadays a lot of self-employed people are earning fairly minimal amounts as things like uber drivers, delivery drivers, etc
& by that same token some are earning vast amounts cash in hand, there's no right or wrong, I'd expect somebody self employed to squirrel some surplus cash away for a rainy day as already mentioned as many often do, you have to being self employed to cover holidays & sickness.

bobinho
Posts: 4692
Joined: Fri Jan 22, 2016 7:48 pm
Been Liked: 1946 times
Has Liked: 2961 times
Location: Burnley

Re: Self Employed

Post by bobinho » Sat Mar 21, 2020 12:05 am

barba wrote:
Fri Mar 20, 2020 9:27 pm
I'd guess you are at the later end of your working career, so perhaps without children or a mortgage? What you say is correct but self employed don't get holiday pay, sick pay, pension funding and as we've seen today Government pandemic support.

They don’t get any of that you are right.... but with the savings they make on all the tax breaks they get, they probably could help themselves a bit better when there is no virus.

I’m employed, and I pay 20% tax on my earnings every week. I work with self employed people doing the same job as me on the same money as me. I asked one of them how much tax he pays in the year.... worked out less than 8% on his earnings. When we went thru it, he’d paid nearly five grand LESS than I had. More than cover his holidays that... and that was on the invoices that went thru the books.... The sick pay us employees get is actually paid for ourselves.
This user liked this post: bfcjg

bfcjg
Posts: 5960
Joined: Fri Jan 22, 2016 8:17 pm
Been Liked: 2239 times
Has Liked: 2190 times

Re: Self Employed

Post by bfcjg » Sat Mar 21, 2020 12:13 am

I was on a site today and the same sparks who was boring the @,are of the cards in guys a few weeks ago with how much tax he didn't pay now is moaning that he cant get help mmmnn.

aggi
Posts: 5408
Joined: Thu Jan 21, 2016 11:31 am
Been Liked: 1279 times

Re: Self Employed

Post by aggi » Sat Mar 21, 2020 12:16 am

CombatClaret wrote:
Fri Mar 20, 2020 11:32 pm
There will be a ton of people who should be employed but are not, the only one who benefits are the business who can absolve all rights to the employee.
HMRC does nothing to track these businesses down. It's down to a whistleblower taking an employee to a tribunal and probably getting themselves fired whilst they seek a bit of sickness pay.
I wouldn't agree with that. With the current crackdown on IR35 a lot of those fake employees are now being forced to become employees.

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Sat Mar 21, 2020 12:59 am

GodIsADeeJay81 wrote:
Fri Mar 20, 2020 11:34 pm
So they don't need to pay their tax bill again this year and most self employed people I know put money away for their taxes, so that money is now freed up.
If those self employed people have set themselves up as a business they're then entitled to help via the grants the gov mentioned the other day.
I do agree that more could be done, but your statement was just missing stuff out to suit your agenda.

Also I'd assume that a lot of self employed people will have money set aside for a rainy day, after all a large portion of them will do undeclared cash jobs.
Freed up cash to live on is fine If there is work to earn more but right now for a lot of people there isn't. So not having to pay 5 grand in a few months doesn't really help, it just means there will be an even bigger bill come January and I doubt that time in between will be very economically prosperous.

And the cash in hand thing is an out of date, maybe back in the day this was true but not in an increasingly cashless, online shopping society.
It's not worth saving 20% in tax for the privilege of buying stuff exclusively from the high street that's double the price of something online with infinitely less choice.

CombatClaret
Posts: 3255
Joined: Thu Jan 21, 2016 8:09 pm
Been Liked: 1444 times
Has Liked: 693 times

Re: Self Employed

Post by CombatClaret » Sat Mar 21, 2020 1:07 am

Jakubclaret wrote:
Fri Mar 20, 2020 11:41 pm
I'd expect somebody self employed to squirrel some surplus cash away for a rainy day
FFS this isn't a rainy day, it the 10 plagues of Egypt!

This is the 'it's not as bad as Flu' of financial advise.

Heathclaret
Posts: 366
Joined: Sun May 22, 2016 9:49 am
Been Liked: 155 times
Has Liked: 153 times
Location: Bracebridge Heath, Lincoln.

Re: Self Employed

Post by Heathclaret » Sat Mar 21, 2020 4:36 am

Burnley1989 wrote:
Fri Mar 20, 2020 11:24 pm
Haha is it? You’ve no idea then

Yes it is. Yes I do.

I’ve more than one friend that is earning similar money. Standard joke is he has 2 working for him and has to turn down anything but cash jobs from June onwards
Good for you, more bull poop.

Jakubclaret
Posts: 3026
Joined: Sun Oct 16, 2016 10:47 pm
Been Liked: 353 times
Has Liked: 272 times

Re: Self Employed

Post by Jakubclaret » Sat Mar 21, 2020 7:06 am

CombatClaret wrote:
Sat Mar 21, 2020 1:07 am
FFS this isn't a rainy day, it the 10 plagues of Egypt!

This is the 'it's not as bad as Flu' of financial advise.
Self employed people will carry on regardless they'll be ok, worse casebook scenario they down tools for abit it can easily be turned around & the government have said they'll help, if I'm off as an employee all I get is statutory sick pay & nothing else, so in lots of ways we are all in the same boat regardless of employed or self employed. It will only be a small section of skilled employees who'll benefit working for decent companies on enhanced salaries with inclusive attached benefits.

Stanbill05
Posts: 87
Joined: Mon Feb 24, 2020 5:48 pm
Been Liked: 24 times
Has Liked: 7 times

Re: Self Employed

Post by Stanbill05 » Sat Mar 21, 2020 7:15 am

The lack of empathy in this thread is gobsmacking (again). Some people are going to be hit harder than others by all this, but no one should be struggling to feed their kids or risk losing their homes. If the current massive support package the government has put in place misses people, it needs to be broadened.
These 2 users liked this post: Blackrod FactualFrank

Stanbill05
Posts: 87
Joined: Mon Feb 24, 2020 5:48 pm
Been Liked: 24 times
Has Liked: 7 times

Re: Self Employed

Post by Stanbill05 » Sat Mar 21, 2020 7:18 am

Jakub, if you’re sick, you will either die or be back at work within a month. This goes beyond that. That doesn’t read very well. You’ll be back at work within a month, these measure will last longer and create real financial jeopardy.

Heathclaret
Posts: 366
Joined: Sun May 22, 2016 9:49 am
Been Liked: 155 times
Has Liked: 153 times
Location: Bracebridge Heath, Lincoln.

Re: Self Employed

Post by Heathclaret » Sat Mar 21, 2020 7:21 am

bfcjg wrote:
Sat Mar 21, 2020 12:13 am
I was on a site today and the same sparks who was boring the @,are of the cards in guys a few weeks ago with how much tax he didn't pay now is moaning that he cant get help mmmnn.
If he’s sub contracting, he must be bound by the CIS and therefore paying tax. As far as I know, only carpet fitting isn’t included in the trades forced to use this scheme to avoid tax evasion.
This user liked this post: evensteadiereddie

Grumps
Posts: 2038
Joined: Thu Jan 21, 2016 9:15 am
Been Liked: 412 times
Has Liked: 171 times

Re: Self Employed

Post by Grumps » Sat Mar 21, 2020 7:21 am

Burnley1989 wrote:
Fri Mar 20, 2020 8:33 pm
One of my mates that is self employed enjoys 3-4 holidays a year paying himself minimum wage, surprised he hasnt put the 40k a year he gets in cash deals that he ‘can’t get rid of cash, it’s well hard’
Hopefully your mate makes it through and has a business at the end of it

Hopefully he knows who you are, and when you want that job doing for mates rates, and cash, he politely tells you where to shove it

Grumps
Posts: 2038
Joined: Thu Jan 21, 2016 9:15 am
Been Liked: 412 times
Has Liked: 171 times

Re: Self Employed

Post by Grumps » Sat Mar 21, 2020 7:27 am

Jakubclaret wrote:
Sat Mar 21, 2020 7:06 am
Self employed people will carry on regardless they'll be ok, worse casebook scenario they down tools for abit it can easily be turned around & the government have said they'll help, if I'm off as an employee all I get is statutory sick pay & nothing else, so in lots of ways we are all in the same boat regardless of employed or self employed. It will only be a small section of skilled employees who'll benefit working for decent companies on enhanced salaries with inclusive attached benefits.
Hairdressers, barbers etc, places where people don't want to go will suffer greatly, they Carnt carry on regardless because people arnt going in the shops!!

MACCA
Posts: 11794
Joined: Thu Jan 21, 2016 7:10 am
Been Liked: 3031 times

Re: Self Employed

Post by MACCA » Sat Mar 21, 2020 8:08 am

GodIsADeeJay81 wrote:
Fri Mar 20, 2020 11:34 pm
Also I'd assume that a lot of self employed people will have money set aside for a rainy day, after all a large portion of them will do undeclared cash jobs.
A large portion might, sadly I haven't nor can I do "cash jobs"

I've had to take a vehicle off the road to save £80 a month times could get that bleak in a couple of weeks.

IF I forced to close as a family/household we are entitled to about £90 a week each
Even in Burnley that cannot run a family even if we cut back to the minimum.

I need to explore yesterday's news fully, but I certainly dont want to be getting loans/grant's to my name with such an uncertain future at the other side of this mess.

The sad thing is, if I move out and leave the wife to "single parent " the figure more than triples for her, yet stays the same for me...

It appears I might need to talk to a lifelong dosser who will know the tricks of the trade.
This user liked this post: Blackrod

Grumps
Posts: 2038
Joined: Thu Jan 21, 2016 9:15 am
Been Liked: 412 times
Has Liked: 171 times

Re: Self Employed

Post by Grumps » Sat Mar 21, 2020 8:24 am

MACCA wrote:
Sat Mar 21, 2020 8:08 am
A large portion might, sadly I haven't nor can I do "cash jobs"

I've had to take a vehicle off the road to save £80 a month times could get that bleak in a couple of weeks.

IF I forced to close as a family/household we are entitled to about £90 a week each
Even in Burnley that cannot run a family even if we cut back to the minimum.

I need to explore yesterday's news fully, but I certainly dont want to be getting loans/grant's to my name with such an uncertain future at the other side of this mess.

The sad thing is, if I move out and leave the wife to "single parent " the figure more than triples for her, yet stays the same for me...

It appears I might need to talk to a lifelong dosser who will know the tricks of the trade.
Don't take this as 100 per cent correct, but I was talking to a small business owner, and they say if you are eligible for the grant aspect of the help, that doesn't need paying back

GodIsADeeJay81
Posts: 3756
Joined: Thu Feb 01, 2018 9:55 am
Been Liked: 727 times
Has Liked: 1564 times

Re: Self Employed

Post by GodIsADeeJay81 » Sat Mar 21, 2020 8:32 am

CombatClaret wrote:
Sat Mar 21, 2020 12:59 am
Freed up cash to live on is fine If there is work to earn more but right now for a lot of people there isn't. So not having to pay 5 grand in a few months doesn't really help, it just means there will be an even bigger bill come January and I doubt that time in between will be very economically prosperous.

And the cash in hand thing is an out of date, maybe back in the day this was true but not in an increasingly cashless, online shopping society.
It's not worth saving 20% in tax for the privilege of buying stuff exclusively from the high street that's double the price of something online with infinitely less choice.
Cash in hand is certainly not out of date, it still goes on a lot.
Until cash is basically dropped from circulation it will always go on.

Post Reply