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Government: 'We recognise it's a very challenging time for hospitality'


Barlow

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4 minutes ago, Anthony Ingham said:

Well.  We contribute less than most other places in the world and get free healthcare, education, benefits for those who need them, decent roads etc etc.

Not anymore we don't!

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4 minutes ago, finlo said:

Well we don't exactly get much for our contributions!

Seriously?

For what government actually has to do we are paying a very small amount. And the IOM is doing fairly well IMO.

Personally I would be happy to pay at closer to Scandinavian levels in return for Scandinavian services and infrastructure. The worst thing about the IOM is how tight some people are.

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11 minutes ago, genericUserName said:

For what government actually has to do we are paying a very small amount. And the IOM is doing fairly well IMO.

maybe that's the problem???

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3 minutes ago, finlo said:

Higher personal tax rates plus higher Ni contributions.

For a very few. And mostly only on a very small part of what they earn.

Offset by significantly reduced taxation in other areas - capital gains and inheritance being the most obvious examples.

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1 minute ago, genericUserName said:

For a very few. And mostly only on a very small part of what they earn.

Offset by significantly reduced taxation in other areas - capital gains and inheritance being the most obvious examples.

The two examples you've cited only apply to a very small section of society.

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Just now, finlo said:

The two examples you've cited only apply to a very small section of society.

I don’t understand the point you trying to make.

Are you suggesting a small Increase recently makes us worse off than other places?  It’s barely noticeable to most people.

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7 minutes ago, finlo said:

The two examples you've cited only apply to a very small section of society.

That's not true. In the UK the inheritance tax threshold is £325k. That's the price of many more or less entry level houses.

ETA: I am not arguing for or against inheritance tax here btw. Only with your facts.

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1 minute ago, Anthony Ingham said:

I don’t understand the point you trying to make.

Are you suggesting a small Increase recently makes us worse off than other places?  It’s barely noticeable to most people.

The point I'm making is you're much better off in the UK from a financial point of view.

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Just now, finlo said:

The point I'm making is you're much better off in the UK from a financial point of view.

I wouldn't bother finlo, more fucking notwell shite arguing black is white, it'll just annoy you.

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2 minutes ago, finlo said:

The point I'm making is you're much better off in the UK from a financial point of view.

I don’t think so.

I was speaking to someone only this afternoon who had made a few quid on some shares.  Not a lot, but he mentioned he would have to pay capital gains tax.

He nearly fell off his chair when I told him we didn’t have any.

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