1st Labour Tory blow up

carmanmemoranda said:
He must think he's clever.

The more holes he digs the further he falls in.

And some believe what he says too
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You do understand it was you who claimed that an off-payroll “employee” is a non-standard employee. Then you are stupid enough to think that me correcting you is some sort of confession to being an off-payroll worker.
 
JohnD said:
so the calculation is 300 cars at £50k each and 1% commission

300x£50000x0.01 = £150,000

Plus basic

Minus pension contributions (possibly limited in his case to £60,000) which would greatly reduce his tax due, and possibly his NI.
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Placing him in the top 1% of income tax payers.

See how fun maths can be.
 
From the IFS looks to br from ~2013
To be in the top 1% of income tax payers in the UK (i.e. to be among the 310,000 individuals with the highest income), a taxable income of at least £160,000 is required. £236,000 is required to be in the top 0.5% and nearly £650,000 to be in the top 0.1%.

Bit more inside
To be in the top 1% of income tax payers in the UK (i.e. to be among the 310,000 individuals with the highest income), a taxable income of at least £160,000 is required. £236,000 is required to be in the top 0.5% and nearly £650,000 to be in the top 0.1%.

43% of adults pay no income tax and to be in the top 1% of all adults (or the top 540,000 people), a pre-tax income of at least £120,000 is required
 
They don’t understand.

Apparently it’s impossible to be a PAYE earner on that sort of money.
 
motorbiking said:
You do understand it was you who claimed that an off-payroll “employee” is a non-standard employee. Then you are stupid enough to think that me correcting you is some sort of confession to being an off-payroll worker.
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An off payroll employee is NOT a standard employee, no matter how you try to swerve around.

An employee, yes maybe, or not, depending. But not standard.
 
read the words carefully

Off payroll workers are not employees.

I am not an off payroll worker (note the term worker not employee) if you are an off payroll worker or self employed service provider.

You are not an employee. Not a non-standard employee not a special employee.

The clue is in the word self as in self employed. The people you work for are your customers not your employers.
 
I used the wrong term.

But you clearly said. .....

You assume that off-payroll workers are non-standard employees - its wrong.


They are not standard employees !
 
carmanmemoranda said:
I used the wrong term.

But you clearly said. .....

You assume that off-payroll workers are non-standard employees - its wrong.


They are not standard employees !
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Yes. I was correct you.

I was not confessing to be one “catching myself out”.
 
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