[Crystal-clear]

It's not set in stone yet but Perhaps we're going to be a great country once again after all 

If the dividends also remain 7.5 percent up to £80k and with corporation tax going down to 18% effective tax on that income would be little less then 20% even including Corp!
Dare I say we may even be inline to compete with the USA on take home pay!

[Ooooooog]

Where will that money come from though?

[Pete Thompson]

Where will that money come from though?

The benefits bill hopefully.

It’s about time the hard work and guts it takes to start and run a business is rewarded instead of laziness.

[Bungle]

What he said ^^^ 👏

[Ooooooog]

Where will that money come from though?

The benefits bill hopefully.

It’s about time the hard work and guts it takes to start and run a business is rewarded instead of laziness.

Which benefits would you cut first?

[Soupy]

Aye, it's definitely the folk with the least that are to blame. For sure.

[Shrek]

Where will that money come from though?

The benefits bill hopefully.

It’s about time the hard work and guts it takes to start and run a business is rewarded instead of laziness.

Which benefits would you cut first?

Benefits for the alcohol dependable people , my sisters ex used to get paid £300 a week in benefits because he couldn’t work as he was an alcoholic. You’ll never guess what he spends his benefits money on???
Benefits for single parents- especially the kind that turns upto school in the latest Nike trainers and latest gear, smoking at the school gates , goes out boozing every weekend, massive flat screen tv in their council house and then says they’ve no money. I think that’s where boris should start anyway

[Crystal-clear]

Works out to £3,000 more currently if you make that amount only on paye bit more on self-employment too.

Not sure if they'll keep the same structure for the dividends because it would be a huge loss for them if they keep the personal dividend tax at 7.5% up to the new threshold I think it could be £10,000 better off!.
But then many directors who can afford to pay themselves more will ..so technically it can generate more tax which is the idea as well as rewarding hard work.

[nathankaye]

Where will that money come from though?

The benefits bill hopefully.

It’s about time the hard work and guts it takes to start and run a business is rewarded instead of laziness.

Which benefits would you cut first?

Benefits for the alcohol dependable people , my sisters ex used to get paid £300 a week in benefits because he couldn’t work as he was an alcoholic. You’ll never guess what he spends his benefits money on???
Benefits for single parents- especially the kind that turns upto school in the latest Nike trainers and latest gear, smoking at the school gates , goes out boozing every weekend, massive flat screen tv in their council house and then says they’ve no money. I think that’s where boris should start anyway

It's always a hard one to call though, as there are always people who legit need it and those who take advantage of the system and its always the latter who spoil a great thing which initially was set up to help

[poleman]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

[Shrek]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

Only poor people think like that 

[davids3511]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

Works great for Ireland at 12.5%, multinationals everywhere. 1 in 7 employed by a multinational.

[KS Cleaning]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

I like your avatar poleman....we share the same business name😉 Is Smart your surname too? We could be long lost relatives..😜

[davids3511]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

World average is about 23%, Europe is about 18% so UK is about average, not one of the lowest in western world. Tories got in just after a worldwide economic crash, there was always going to have to be cuts. Its sameold sameold, when times are good Labour get in when times are poop Tories are in and get the blame for the poop. Pensions should have been sorted years ago, its only recently workplace pensions were introduced. They should have came in 20 years ago.

Amazon, PayPal, Statbucks etc need to be sorted. Its criminal they pay whatever they like. Ed Sheeran paid more than Amazon last year.

[Crystal-clear]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

The problem with all socialiam is everything's hunky dory until you run out of other people's money...

no system is perfect but our current has proven most consistent over a long period of time.
Rewarding hard work will keep the money coming in proven in some of the most powerful economic areas of the world.

[poleman]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

Only poor people think like that 

And that makes you a very selfish person 

[poleman]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

The problem with all socialiam is everything's hunky dory until you run out of other people's money...

no system is perfect but our current has proven most consistent over a long period of time.
Rewarding hard work will keep the money coming in proven in some of the most powerful economic areas of the world.

Tell that to most of Scandinavian socialist countries there happiest best place in the world but you but you won't hear that from our state Media controlled country, like I said trickle down economics doesn't work that's why we're in this mess FFS

[poleman]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

Works great for Ireland at 12.5%, multinationals everywhere. 1 in 7 employed by a multinational.

We dont live in ireland  and most multinational  avoid paying tax anyway 

[davids3511]

WOW what a load of b******s so people speak on here 

Firstly UK has one of the lowest corporation taxes in Western world down from 28% in 2010

And what do your define a great country? because the past 10 years under this Tory loving you talk about government has killed over 120'000 austerity cuts to the welfare system , we have a homeless crisis, houses crisis,  and NHS crisis BUT  hey that's not going to be resolved by cutting taxes trickle down economics does not work the rich get richer and the poor get poorer......

Works great for Ireland at 12.5%, multinationals everywhere. 1 in 7 employed by a multinational.

We dont live in ireland  and most multinational  avoid paying tax anyway 

Was my point that hard to understand? Ireland operates a low corp tax regime and does very well from it. The multis do pay "some"tax but they pay it in Ireland. I don't think Johnson has any intention of lowering corporation tax, its a Bluff to get the EU's attention. They don't want the UK as a low corp tax haven next door, especially Ireland who are insisting on the backstop. Oh and just cause you seem to like them so much 

[Stoots]

I don't really have a clue about politics or the economy to be honest.

All I really care about is how it affects me.