Clean It Up

UK Window Cleaning Forum => Window Cleaning Forum => Topic started by: edward1 on March 26, 2020, 10:49:27 pm

Title: what if over 50k
Post by: edward1 on March 26, 2020, 10:49:27 pm

so if u earnt over 50k you get no help?
is that correct

Title: Re: what if over 50k
Post by: ֍Winp®oClean֍ on March 26, 2020, 10:50:24 pm

Looks like it, not good if you're LTD either by all accounts.

Title: Re: what if over 50k
Post by: edward1 on March 26, 2020, 10:55:32 pm

bloody hell .
19k tax last yre and no help
health is the most important thing but shopping and stuff is needed also

Title: Re: what if over 50k
Post by: G Griffin on March 26, 2020, 10:56:51 pm

Quote from: edward1 on March 26, 2020, 10:49:27 pm

so if u earnt over 50k you get no help?
is that correct

50k average profit over three years?

Title: Re: what if over 50k
Post by: Crystal-clear on March 26, 2020, 11:34:02 pm

Quote from: Peavey Wolfgang on March 26, 2020, 10:50:24 pm

Looks like it, not good if you're LTD either by all accounts.

lol thats the next thing thats going to be announced when they realize how many technically self employed LTD guys are out there
but perhaps they can chuck it in biased on the last 3 years average self assessments and allow the section that's "any dividends from uk company's  " if you are a director because you cant make your self redundant for 80% of your 12,5k a year even!
I'm surprised a journalist didn't question that!

Title: Re: what if over 50k
Post by: deeege on March 27, 2020, 06:46:52 am

Big fat 0 if you have averaged over £50k per year, over the 3 years.

Chancellor stated that for those that earn over £50k, the average was £200k. So basically those that earn between £50k and £200k are punished because of the extremely high earners.

NWH will be in the same position I’m sure.

Title: Re: what if over 50k
Post by: jk999 on March 27, 2020, 07:54:48 am

Nope check Martin lewis show last night tells you everything you need to know