monkeyman
Well-known member
- Messages
- 395
- Location
- Market Harborough
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With civid it will be easy to justify a lot of things in the future.
Limited Companies pay higher corporation tax and dividends over £2k a year are taxable. Any wages over around £8k a year, nor sure on the exact figure, the company has to pay employers NI contributions.If they address national insurance payment differences then they must address the benefits of the system like sick pay, maternity pay, paternity pay to name but a few.
If they change national insurance then every self employed person will start a Limited Company so they can pay themselves minimum wage then dividends.
There are a of of things they need to change if they want things equal.
Very true, they are closing the Ltd company loopholes as well.Limited Companies pay higher corporation tax and dividends over £2k a year are taxable. Any wages over around £8k a year, nor sure on the exact figure, the company has to pay employers NI contributions.
Ltd Companies aren't as beneficial as they were.