zirk.us is one of the many independent Mastodon servers you can use to participate in the fediverse.
Literature, philosophy, film, music, culture, politics, history, architecture: join the circus of the arts and humanities! For readers, writers, academics or anyone wanting to follow the conversation.

Administered by:

Server stats:

765
active users

Emeritus Prof Christopher May

Once again financial services find they can avoid taxation.... this time highly paid professionals (at partner level) as self-employed, will not find them (or their 'employers') subject to the rise in employers' National Insurance.

Hmmm.... I wonder whether Reeves noticed that he erstwhile chums in the city would miss out on the tax rise.

As so often, somehow financial services seem to get preferential treatment, its odd that, isn't it?

theguardian.com/law/2024/nov/2

The Guardian · Well-paid partners in City firms escape paying national insurance risesBy Joanna Partridge

@ChrisMayLA6 I might phrase it as noting City regulation is always set out in familiar terms that are trivial to avoid.
As compared to the screaming 😱 that starts when something unfamiliar and hard to avoid is even cautiously discussed.

@ChrisMayLA6 it's so odd others might think it was deliberate, but as the consensus is the CoE is incompetent, I fear it is simply that the treasury could not organise a piss up in a brewery. Perhaps the PM needs to get a competent Chancellor, his deputy might be a good choice.