07 Apr '14 19:22>
Originally posted by robbie carrobieit is in the uk anyone I work for keeps 20% of any profit and sends it to the tax man
Income tax for self employed persons is not deductible at source.
Originally posted by redbaronsthen perhaps you are on a PAYE (pay as you earn) scheme I dunno, but I am not and its not deducted at source and I have been self employed since 1994. Any interest on accounts that accrues is also not deductible at source although you need to write to your bank and state that its the case.
it is in the uk anyone I work for keeps 20% of any profit and sends it to the tax man
Originally posted by EladarIn a democracy the people vote for a government to represent them. And generally people are fairly clear that they want various public works, roads, nice infrastructure, etc. And people understand that it takes taxes to pay for all those nice things they want. This is the quid pro quo stuff of little kids. You never grew out of your nappies.
You are a Socialist who believes the government is correct in collecting money on others' labor. You are a hypocrite if you believe it is wrong to collect on other peoples' labor but think the government in right in doing so.
Originally posted by SoothfastMost people want the STUFF, and don't associate the costs, especially if they fall predominantly on others.
In a democracy the people vote for a government to represent them. And generally people are fairly clear that they want various public works, roads, nice infrastructure, etc. And people understand that it takes taxes to pay for all those nice things they want. This is the quid pro quo stuff of little kids. You never grew out of your nappies.
Originally posted by normbenignWell, really, what I think doesn't occur to most employees is that they have control over how much of their paycheck is withheld in taxes by the federal government.
How many times have you heard people bragging about their tax refund, as if the tooth fairy gave them free money. It doesn't occur to them that the refund is money they overpaid the government, and the government is returning it without interest.
Originally posted by SoothfastWell that is true also. But my point was that most people will vote for politicians that promise them STUFF, and give little or no consideration that the STUFF is being paid for with their money.
Well, really, what I think doesn't occur to most employees is that they have control over how much of their paycheck is withheld in taxes by the federal government.
Originally posted by normbenignbuy a 4X4 NoRm it will change your whole perspective of Bumpy roads!
Most people want the STUFF, and don't associate the costs, especially if they fall predominantly on others.
How many times have you heard people bragging about their tax refund, as if the tooth fairy gave them free money. It doesn't occur to them that the refund is money they overpaid the government, and the government is returning it without interest ...[text shortened]... at repair contracts go to the lowest bidder, with no performance bond or guarantee for the work.
Originally posted by SoothfastI like the way you try to mean income tax and tax are the same thing.
In a democracy the people vote for a government to represent them. And generally people are fairly clear that they want various public works, roads, nice infrastructure, etc. And people understand that it takes taxes to pay for all those nice things they want. This is the quid pro quo stuff of little kids. You never grew out of your nappies.
Originally posted by robbie carrobieI run a limited company in the construction industry and anyone that sub_ contracts out to a main contractor has the tax deducted at source if I work as a main contractor to a client I get to keep the 20% my accountant is sent a tax voucher for any tax paid at source and sorts it out every April I get the feeling you like blowing smoke up peoples asses in other words you don't know your onions mate.
then perhaps you are on a PAYE (pay as you earn) scheme I dunno, but I am not and its not deducted at source and I have been self employed since 1994. Any interest on accounts that accrues is also not deductible at source although you need to write to your bank and state that its the case.
Dude that will be £350 please for the accounting consultation or you can make a donation to the Scottish socialist party.