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DanH SW2 30 Sep 21 5.09pm | |
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A stopped clock etc etc. There does seem to be a fundamental misunderstanding of how businesses work with some on here though. Even though companies on the surface and to the layman make huge profits it’s usually due to volume rather than profit margin. Amazon for example take a tiny cut of every transaction; there’s just millions of them. Larger businesses have cash reserves, market share, and brand domination to cope with shocks to the market such as an increase in the minimum wage. Smaller businesses are far more like a hand to mouth household and a sudden increase in costs can be the difference between being sustainable or not.
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Rudi Hedman Caterham 30 Sep 21 5.48pm | |
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Originally posted by DanH
A stopped clock etc etc. There does seem to be a fundamental misunderstanding of how businesses work with some on here though. Even though companies on the surface and to the layman make huge profits it’s usually due to volume rather than profit margin. Amazon for example take a tiny cut of every transaction; there’s just millions of them. Larger businesses have cash reserves, market share, and brand domination to cope with shocks to the market such as an increase in the minimum wage. Smaller businesses are far more like a hand to mouth household and a sudden increase in costs can be the difference between being sustainable or not. So, higher wages?
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cryrst The garden of England 30 Sep 21 8.07pm | |
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Originally posted by DanH
A stopped clock etc etc. There does seem to be a fundamental misunderstanding of how businesses work with some on here though. Even though companies on the surface and to the layman make huge profits it’s usually due to volume rather than profit margin. Amazon for example take a tiny cut of every transaction; there’s just millions of them. Larger businesses have cash reserves, market share, and brand domination to cope with shocks to the market such as an increase in the minimum wage. Smaller businesses are far more like a hand to mouth household and a sudden increase in costs can be the difference between being sustainable or not. Did you check out the tax changes for foreign drivers yet?
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DanH SW2 01 Oct 21 12.44am | |
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Originally posted by Rudi Hedman
So, higher wages? Yes! Ideally! Across the board! But that’s not how it works is it because you have no idea how businesses operate do you .
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DanH SW2 01 Oct 21 12.45am | |
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Originally posted by cryrst
Did you check out the tax changes for foreign drivers yet? I literally work in tax and you have literally no idea.
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Rudi Hedman Caterham 01 Oct 21 12.57am | |
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Originally posted by DanH
Yes! Ideally! Across the board! But that’s not how it works is it because you have no idea how businesses operate do you . Another post to laugh at. You have all the complaints and the comments but have no courage or conviction to see anything through. There should be a party called The Ex Students Objection Party so everyone knows the score.
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DanH SW2 01 Oct 21 1.18am | |
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Originally posted by Rudi Hedman
Another post to laugh at. You have all the complaints and the comments but have no courage or conviction to see anything through. There should be a party called The Ex Students Objection Party so everyone knows the score. Point out the complaint.
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cryrst The garden of England 01 Oct 21 5.47am | |
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Originally posted by DanH
I literally work in tax and you have literally no idea. Can you explain the changes then and I will have an idea. Educating other people is a gift we all have and sharing is a lovely gesture, ideally without patronising the other person!
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DanH SW2 01 Oct 21 11.39am | |
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Originally posted by cryrst
Can you explain the changes then and I will have an idea. Educating other people is a gift we all have and sharing is a lovely gesture, ideally without patronising the other person! Are you talking about IR35?
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cryrst The garden of England 01 Oct 21 1.45pm | |
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Originally posted by DanH
Are you talking about IR35? Yes please danh. I beleive it affected how contract staff are paid. Since April I think. Maybe this could be why eu citizens went home. They couldn't earn as much after tax. This could also be a reason for labour shortages could it not?
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Stirlingsays 01 Oct 21 2.31pm | |
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Remainers seem to want to focus upon Brexit yet we have just gone through multiple lockdowns,.....probably most of whom were supporters of which....like I said it would, has crippled the economy (even no lockdown would have because of fear mongering) where we are now risking rising prices and falling growth, not seen since the seventies. This isn't quickly fixable like some appear to think...we have trebled our debt in the last ten years. Yet so many can't get out of their Brexit bubble.....Well, I'll tell the EU lovers something....delivery drivers are temporary and fixable just like all the supply chain....having a fecked economy is longer term. Edited by Stirlingsays (01 Oct 2021 2.38pm)
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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DanH SW2 01 Oct 21 3.16pm | |
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Originally posted by cryrst
Yes please danh. I beleive it affected how contract staff are paid. Since April I think. Maybe this could be why eu citizens went home. They couldn't earn as much after tax. This could also be a reason for labour shortages could it not? It affected how non-payroll staff are paid. The rules weren't new, just actually being enforced. It obliges businesses to undertake a proper assessment on whether staff are actually self-employed or not. It won't be a reason why EU citizens went home. There's different rules for frontier workers anyway which typically result in them paying tax and social security in their home country.
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