Self Employed
#11
Oh well, selfish post alert (as virtually all of this nature are):

I've only got a 2019 tax file,and it was only for January to March 2019, although it was the same amount each month. As I only started being self employed in Jan 2019. I lost my main contract in January this year, then got no more, and the company still owe me 2 invoices... and with the way things are I had started applying for regular work again, which obviously isn't going to happen anytime soon.

Thankfully I saved money whilst I was earning in case of a few rainy months, which seems to make me a very rare case with the self employed, as I'm not clamouring for loads of Government money. So you have to wait til June and then they check your last 3 years files, I'll have 16 months filed...but in effect the virus was the tin hat on forcing me to apply for regular work, how the Hell could I prove that? No idea.

Thank fuck I was sensible and didn't spunk all my earnings as I think I'd be up shit street right now otherwise. As Tom Joad said I'd also be more than happy with £300 per week flat rate, despite the 80% / maximum being way down on what I was getting. I'll probably get jack all, but even if that's the case I won't be blaming the Government for it.
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#12
(03-26-2020, 08:39 PM)The liquidator Wrote:
(03-26-2020, 07:59 PM)Tom Joad Wrote:
(03-26-2020, 06:07 PM)Supamart Wrote: I bet a number of them (though not all of course) wish they had put their true earnings through the system now, and not just below the tax threshold.

80% of £20 profit, is not very much !

I'm self employed and it's the first time any government has ever even given us so much as a nod. I also think it seems fair. I believe 80% of your earnings based on the last 3 years. I would have preferred every worker ( both employed and self employed), to have been given a straight £250 to £300 a week for 3 months. I haven't done any maths but it might work out cheaper than the admin associated with the self employed payments, the furloughing and so on. Either way, it ain't perfect but it's something.
 I used to employ a small workforce, each getting 5 weeks holiday a year (with me both paying for it plus covering the work), sort out the tax (including the headache of having to explain why and calculate any 2nd income they may have had) and these days I would have to set up  pensions as well. It became a job on it's own and it's a headache I never want again.
I'm back to being just me and a van now and it's the best thing I did.
I just thought I'd put the other side over Smile

Wtf is 300 quid going to get you no thanks the 2500 will do

It's not meant to make you rich. It's simply to put some food on the table and pay the gas/elec until we can all get earning again.
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#13
(03-26-2020, 08:54 PM)MassDebater Wrote: Oh well, selfish post alert (as virtually all of this nature are):

I've only got a 2019 tax file,and it was only for January to March 2019, although it was the same amount each month. As I only started being self employed in Jan 2019. I lost my main contract in January this year, then got no more, and the company still owe me 2 invoices... and with the way things are I had started applying for regular work again, which obviously isn't going to happen anytime soon.

Thankfully I saved money whilst I was earning in case of a few rainy months, which seems to make me a very rare case with the self employed, as I'm not clamouring for loads of Government money. So you have to wait til June and then they check your last 3 years files, I'll have 16 months filed...but in effect the virus was the tin hat on forcing me to apply for regular work, how the Hell could I prove that? No idea.

Thank fuck I was sensible and didn't spunk all my earnings as I think I'd be up shit street right now otherwise. As Tom Joad said I'd also be more than happy with £300 per week flat rate, despite the 80% / maximum being way down on what I was getting. I'll probably get jack all, but even if that's the case I won't be blaming the Government for it.

They say that if you have only filed 1 tax return, they will base it on that. Fingers crossed for you.
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#14
(03-26-2020, 08:54 PM)MassDebater Wrote: Oh well, selfish post alert (as virtually all of this nature are):

I've only got a 2019 tax file,and it was only for January to March 2019, although it was the same amount each month. As I only started being self employed in Jan 2019. I lost my main contract in January this year, then got no more, and the company still owe me 2 invoices... and with the way things are I had started applying for regular work again, which obviously isn't going to happen anytime soon.

Thankfully I saved money whilst I was earning in case of a few rainy months, which seems to make me a very rare case with the self employed, as I'm not clamouring for loads of Government money. So you have to wait til June and then they check your last 3 years files, I'll have 16 months filed...but in effect the virus was the tin hat on forcing me to apply for regular work, how the Hell could I prove that? No idea.

Thank fuck I was sensible and didn't spunk all my earnings as I think I'd be up shit street right now otherwise. As Tom Joad said I'd also be more than happy with £300 per week flat rate, despite the 80% / maximum being way down on what I was getting. I'll probably get jack all, but even if that's the case I won't be blaming the Government for it.

You should be ok they will accept 1 years
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#15
(03-26-2020, 08:55 PM)Tom Joad Wrote:
(03-26-2020, 08:39 PM)The liquidator Wrote:
(03-26-2020, 07:59 PM)Tom Joad Wrote:
(03-26-2020, 06:07 PM)Supamart Wrote: I bet a number of them (though not all of course) wish they had put their true earnings through the system now, and not just below the tax threshold.

80% of £20 profit, is not very much !

I'm self employed and it's the first time any government has ever even given us so much as a nod. I also think it seems fair. I believe 80% of your earnings based on the last 3 years. I would have preferred every worker ( both employed and self employed), to have been given a straight £250 to £300 a week for 3 months. I haven't done any maths but it might work out cheaper than the admin associated with the self employed payments, the furloughing and so on. Either way, it ain't perfect but it's something.
 I used to employ a small workforce, each getting 5 weeks holiday a year (with me both paying for it plus covering the work), sort out the tax (including the headache of having to explain why and calculate any 2nd income they may have had) and these days I would have to set up  pensions as well. It became a job on it's own and it's a headache I never want again.
I'm back to being just me and a van now and it's the best thing I did.
I just thought I'd put the other side over Smile

Wtf is 300 quid going to get you no thanks the 2500 will do

It's not meant to make you rich. It's simply to put some food on the table and pay the gas/elec until we can all get earning again.

My main concern would be food on the table the Bill's can wait .
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#16
If this is being done via the tax system I’ll believe it when I see it work.

True though that it’ll hit those whom have been under declaring, well meh.
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#17
(03-26-2020, 10:36 PM)The liquidator Wrote:
(03-26-2020, 08:55 PM)Tom Joad Wrote:
(03-26-2020, 08:39 PM)The liquidator Wrote:
(03-26-2020, 07:59 PM)Tom Joad Wrote:
(03-26-2020, 06:07 PM)Supamart Wrote: I bet a number of them (though not all of course) wish they had put their true earnings through the system now, and not just below the tax threshold.

80% of £20 profit, is not very much !

I'm self employed and it's the first time any government has ever even given us so much as a nod. I also think it seems fair. I believe 80% of your earnings based on the last 3 years. I would have preferred every worker ( both employed and self employed), to have been given a straight £250 to £300 a week for 3 months. I haven't done any maths but it might work out cheaper than the admin associated with the self employed payments, the furloughing and so on. Either way, it ain't perfect but it's something.
 I used to employ a small workforce, each getting 5 weeks holiday a year (with me both paying for it plus covering the work), sort out the tax (including the headache of having to explain why and calculate any 2nd income they may have had) and these days I would have to set up  pensions as well. It became a job on it's own and it's a headache I never want again.
I'm back to being just me and a van now and it's the best thing I did.
I just thought I'd put the other side over Smile

Wtf is 300 quid going to get you no thanks the 2500 will do

It's not meant to make you rich. It's simply to put some food on the table and pay the gas/elec until we can all get earning again.

My main concern would be food on the table the Bill's can wait .

If you can’t live on £300 per week excluding bills in times like this then you’re not very good at cooking or budgeting
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#18
(03-26-2020, 10:36 PM)The liquidator Wrote:
(03-26-2020, 08:55 PM)Tom Joad Wrote:
(03-26-2020, 08:39 PM)The liquidator Wrote:
(03-26-2020, 07:59 PM)Tom Joad Wrote:
(03-26-2020, 06:07 PM)Supamart Wrote: I bet a number of them (though not all of course) wish they had put their true earnings through the system now, and not just below the tax threshold.

80% of £20 profit, is not very much !

I'm self employed and it's the first time any government has ever even given us so much as a nod. I also think it seems fair. I believe 80% of your earnings based on the last 3 years. I would have preferred every worker ( both employed and self employed), to have been given a straight £250 to £300 a week for 3 months. I haven't done any maths but it might work out cheaper than the admin associated with the self employed payments, the furloughing and so on. Either way, it ain't perfect but it's something.
 I used to employ a small workforce, each getting 5 weeks holiday a year (with me both paying for it plus covering the work), sort out the tax (including the headache of having to explain why and calculate any 2nd income they may have had) and these days I would have to set up  pensions as well. It became a job on it's own and it's a headache I never want again.
I'm back to being just me and a van now and it's the best thing I did.
I just thought I'd put the other side over Smile

Wtf is 300 quid going to get you no thanks the 2500 will do

It's not meant to make you rich. It's simply to put some food on the table and pay the gas/elec until we can all get earning again.

My main concern would be food on the table the Bill's can wait .

Yeah £300 a week for food, you'll have to put the Krug and caviar back lad.... Jeesh!
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#19
(03-26-2020, 08:39 PM)The liquidator Wrote:
(03-26-2020, 07:59 PM)Tom Joad Wrote:
(03-26-2020, 06:07 PM)Supamart Wrote: I bet a number of them (though not all of course) wish they had put their true earnings through the system now, and not just below the tax threshold.

80% of £20 profit, is not very much !

I'm self employed and it's the first time any government has ever even given us so much as a nod. I also think it seems fair. I believe 80% of your earnings based on the last 3 years. I would have preferred every worker ( both employed and self employed), to have been given a straight £250 to £300 a week for 3 months. I haven't done any maths but it might work out cheaper than the admin associated with the self employed payments, the furloughing and so on. Either way, it ain't perfect but it's something.
 I used to employ a small workforce, each getting 5 weeks holiday a year (with me both paying for it plus covering the work), sort out the tax (including the headache of having to explain why and calculate any 2nd income they may have had) and these days I would have to set up  pensions as well. It became a job on it's own and it's a headache I never want again.
I'm back to being just me and a van now and it's the best thing I did.
I just thought I'd put the other side over Smile

Wtf is 300 quid going to get you no thanks the 2500 will do

Fuck me! Are you for real? You would be the last person I would pick if I need help in such circumstances.

Why the fuck can you not make do with £300 per week? Greedy feckers like you are the least deserving. 

Lay off the pink gins and wild salmon. It's about food essentials, not grandeur living.
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#20
I dont agree that someone who has earned £150,000 for the past 3 years will get £2500 per month and yet someone who has earned £51,000 for the same period will get nothing.
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