Just learned today what my boss earns off the back of my grafting. I'm his only worker plus his son. Whom I'm pretty sure doesn't get paid. His expenses are pay me a pittance, run a van, run and service some construction plant and pay for the depreciation on £250k's worth of construction plant which he owns. Any off you beat that? He's in hospital at the moment though. Just out of a 4 day stay in intensive care. Your health is you wealth. I've always said that.
Do you really expect him to earn the same as you then, back in the early 90s i was earning between 3 & 5K a week, I employed 3 people who got paid good money for the work they did, was it wrong I earned so much or doesn't the fact that at the end of the day they went home, were as I had to go out looking for more work and tie up contracts etc etc.
Out of the paltry £15k per year I earn as basically a labourer, I pay £5k back to the government in tax. Is it wrong my boss gets paid so much? No Is it right the government is allowed to fleece me to such an extent? NO again. I'm just glad I spent 15 years on the double. And very tempted to do it again.
Something wrong then, your tax allowance should be around 10000, so you only pay tax on 5000, so around a 1000 + NI around 600 / 700, totalling 1600 / 1700 a year. If you're self employed, get a new accountant.
I'm not talking about income tax. That's already paid which is nearly £3k. The £5k is council tax and vat. When a country goes bust your biggest enemy is your own government. Never a truer word spoken(or typed)
Does your boss not pay, Council tax and Vat then???? The only people in this country that don't pay anything out of their wages are MPs, if they have to spend, they claim it back as an expense. The rest of us pelbs have to pay and pay again.
The thing is though, the same HMRC who are quite happy to let the big dogs off with £millions in tax (in vodafones case £billions) will hound Joe Public to the point of suicide over pennies.
Yes. They'll happily spend £1000 quid just to claw back a tenner. Talking about "quids" if the UK ever adopted the euro we'd never be able to say "quid" again.
Yeah it was about £34 billion a few years ago. But that includes me as I don't declare all my incomes as I never receive them in currency. I can receive payment in livestock or other means. Like it was in the ole days where people swapped goods instead of traceable currency. Get my drift? And at the end of the day that figure is hiked to that level because the government fleece people in so many ways for their hard earned earnings.
thats the thing isnt it... vodafone and starbucks are big enough to fight back whereas the one man bands and small enterprises arent sadly
Pop yer head up from under that rock, and have a look around, they're only the biggest coffee chain in the world.