Mussels wrote: ↑Thu Mar 16, 2023 7:56 pm
He says he's going to make it so only doctors can exceed the pension cap. Aside from the weird ethics its rules like this that make taxes such a minefield, intruduce a benefit for doctors only and the number of doctors will increase tenfold but there won't be any more working in the NHS. There will follow several years of HMRC trying to prove these new doctors aren't the doctors meant to benefit, then they will introduce IR36 which will only catch out NHS doctors
I'll believe it when i see it.
They always put these policies in place and try and cover up what they are doing by directing the media to promote something that you think will be beneficial for all, but in reality, it wont be as cut and dry as that, it will be for all rich to take advantage of, eventually.
Also, for those that think this is just for doctors, from what i have read it is only for the higher paid consultants, and if they need more money to keep them in the job that is already very well paid i propose they look up the words Ethics and Morals.
Is the 5% coming from the tax payer? If so, during a cost of living crisis and inflation rise, is that a good idea? Won't that extra burden onto the tax payer cause inflation to rise again? Whilst the private sector who fund it get.....nothing, again.
Ant wrote: ↑Sat Mar 18, 2023 12:04 pm
Is the 5% coming from the tax payer? If so, during a cost of living crisis and inflation rise, is that a good idea? Won't that extra burden onto the tax payer cause inflation to rise again? Whilst the private sector who fund it get.....nothing, again.
Ant wrote: ↑Fri Mar 17, 2023 8:29 am
I can't have it, so I don't want anyone else to have it.
Ant wrote: ↑Sat Mar 18, 2023 12:04 pm
Is the 5% coming from the tax payer? If so, during a cost of living crisis and inflation rise, is that a good idea? Won't that extra burden onto the tax payer cause inflation to rise again? Whilst the private sector who fund it get.....nothing, again.
Ant wrote: ↑Fri Mar 17, 2023 8:29 am
I can't have it, so I don't want anyone else to have it.
Not the same thought process, when it's the tax payer who is funding it.....why should the tax payer fund it, when there's supposed to be a cost of living crisis and higher inflation? Won't they kick off again that inflation has risen (to pay for the pay rise) and then demand another, whilst again those who fund it aren't getting anything?
When I made the "I can't have it, so I don't want anyone else to have it comment", it was in response to someone moaning that those who earned their money are going to have access to their money - taking money off someone else is entirely different.
Anyway, I thought you said you'd put me on ignore?
Ant wrote: ↑Sat Mar 18, 2023 1:20 pm
Anyway, I thought you said you'd put me on ignore?
Nope. I don't have anyone on ignore. Which doesn't mean that I don't choose to ignore most of the stuff you post.
Oh, ok
mangocrazy wrote: ↑Mon Feb 27, 2023 8:06 pm
So why are you even bothering to engage with me then? Tell you what - you put me on ignore and I'll do the same to you. Job jobbed.
mangocrazy wrote: ↑Thu Mar 16, 2023 8:58 pm
The UK tax code contains 10 million words and 21,000 pages. To put that number in some kind of perspective, the Complete Works of Shakespeare is about 880,000 words. So our tax code is about 12 times the length of the Complete Works of Shakespeare. It's about 12.5 times the number of words in the Bible (800,000 words).
And it is growing. In my last job we bought an update service from a specialist accountancy firm, each year we had a 600 page book on the changes for that year. As ever, the devil is in the detail.
mangocrazy wrote: ↑Thu Mar 16, 2023 8:58 pm
The UK tax code contains 10 million words and 21,000 pages. To put that number in some kind of perspective, the Complete Works of Shakespeare is about 880,000 words. So our tax code is about 12 times the length of the Complete Works of Shakespeare. It's about 12.5 times the number of words in the Bible (800,000 words).
And it is growing. In my last job we bought an update service from a specialist accountancy firm, each year we had a 600 page book on the changes for that year. As ever, the devil is in the detail.
There was talk of them simplifying it in line with the high tax regime to 'How much have you got? Thanks we'll have it '.
Doubt is not a pleasant condition.
But certainty is an absurd one.
Voltaire
This was company taxation. You may think you know what capital expenditure is, but trust me, HMRC has managed to make it VERY complicated, with exceptional treatment for some industries, and then exceptions to the exceptions.
Ant wrote: ↑Sat Mar 18, 2023 12:04 pm
Is the 5% coming from the tax payer? If so, during a cost of living crisis and inflation rise, is that a good idea? Won't that extra burden onto the tax payer cause inflation to rise again? Whilst the private sector who fund it get.....nothing, again.
You appreciate that NHS staff pay tax, too?
Also, Agenda for Change ( the terms and conditions that frame all non-medic pay) have effectively seen a pay cut in the last five years. Doctors have it worse. Private sector have gone up 16% on average.
Workforce is the biggest cost for the NHS.
This increase will only be for part of my earnings. The other part ( 60%) is now against a different pay framework, which hasn’t gone up (but is higher than this one if that makes sense).
Ant wrote: ↑Sat Mar 18, 2023 12:04 pm
Is the 5% coming from the tax payer? If so, during a cost of living crisis and inflation rise, is that a good idea? Won't that extra burden onto the tax payer cause inflation to rise again? Whilst the private sector who fund it get.....nothing, again.
You appreciate that NHS staff pay tax, too?
Also, Agenda for Change ( the terms and conditions that frame all non-medic pay) have effectively seen a pay cut in the last five years. Doctors have it worse. Private sector have gone up 16% on average.
Workforce is the biggest cost for the NHS.
This increase will only be for part of my earnings. The other part ( 60%) is now against a different pay framework, which hasn’t gone up (but is higher than this one if that makes sense).
I don’t pretend to understand it.
Maybe an idea is, instead of giving them a pay rise, just let them not pay income tax.
Ant wrote: ↑Sat Mar 18, 2023 12:04 pm
Is the 5% coming from the tax payer? If so, during a cost of living crisis and inflation rise, is that a good idea? Won't that extra burden onto the tax payer cause inflation to rise again? Whilst the private sector who fund it get.....nothing, again.
You appreciate that NHS staff pay tax, too?
Also, Agenda for Change ( the terms and conditions that frame all non-medic pay) have effectively seen a pay cut in the last five years. Doctors have it worse. Private sector have gone up 16% on average.
Workforce is the biggest cost for the NHS.
This increase will only be for part of my earnings. The other part ( 60%) is now against a different pay framework, which hasn’t gone up (but is higher than this one if that makes sense).
I don’t pretend to understand it.
You've got over £1,000,000 in your pension pot and you still appear to feel that you're hard done by, get a grip.
Ant wrote: ↑Sat Mar 18, 2023 12:04 pm
Is the 5% coming from the tax payer? If so, during a cost of living crisis and inflation rise, is that a good idea? Won't that extra burden onto the tax payer cause inflation to rise again? Whilst the private sector who fund it get.....nothing, again.
You appreciate that NHS staff pay tax, too?
Also, Agenda for Change ( the terms and conditions that frame all non-medic pay) have effectively seen a pay cut in the last five years. Doctors have it worse. Private sector have gone up 16% on average.
Workforce is the biggest cost for the NHS.
This increase will only be for part of my earnings. The other part ( 60%) is now against a different pay framework, which hasn’t gone up (but is higher than this one if that makes sense).
I don’t pretend to understand it.
Yes I understand you pay tax too, but look at the bigger picture. The pay disputes started over a cost of living crisis, which apparently we're all in and an inflation rise. Inflation rises due to burden on the tax payer - the NHS is now going to cost the tax payer more. Will it be a surprise if inflation rises again?
What we need, but are unlikely to get any time soon, is a simplified, rational tax structure, with no complications to give rise to unexpected consequences. Yes, it should be progressive (the rich pay more) but it should alxso be simple, to understand and to administer. No loopholes, no traps.
Cousin Jack wrote: ↑Sat Mar 18, 2023 8:33 pm
What we need, but are unlikely to get any time soon, is a simplified, rational tax structure, with no complications to give rise to unexpected consequences. Yes, it should be progressive (the rich pay more) but it should alxso be simple, to understand and to administer. No loopholes, no traps.
You do realise that you'd be putting vast numbers of highly-paid tax lawyers out of business, don't you?
'. 
