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How Has Nulab Helped Small Businesses?


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HOLA441

Can I just add that in 1998, in my last job, I got £7 per hour plus commission. That was a good wage for the time.

Now the minimum wage is here, I can, 10 years later, pay £7 per hour plus commission for the same job and it's a good wage now, because it is 25% higher than the MW?

MW advocates should be ashamed that the MW is not £12-13ph as that, in today's money, was effectively what I was paid in 1998. Shame on you for not letting the market set its own rate and the consequences that have come about because of it.

PS. I support, in principle, the idea of a living MW. However, as expected, ZaNuLiebour frigged it up.

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HOLA442

The trouble with all public sector agencies is that they have no-one onboard who understands business - they are full of PC useless people who have never and will never do anything meaningful. In our area they've just kicked off a multi-million pound scheme to make Yorkshire the second financial centre after London. Thing is it already is!!!!!

Full of useless to**ers!

Sleep tight

SB

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HOLA443
Can I just add that in 1998, in my last job, I got £7 per hour plus commission. That was a good wage for the time.

Now the minimum wage is here, I can, 10 years later, pay £7 per hour plus commission for the same job and it's a good wage now, because it is 25% higher than the MW?

MW advocates should be ashamed that the MW is not £12-13ph as that, in today's money, was effectively what I was paid in 1998. Shame on you for not letting the market set its own rate and the consequences that have come about because of it.

PS. I support, in principle, the idea of a living MW. However, as expected, ZaNuLiebour frigged it up.

You're right about the minimum wage - I could have earned £5 and hour when I was at university in 1994 in a call centre. Allowing for inflation, this effectively means that todays minimum wage would have been equivalent to about £2 per hour back in 1994.

Pretty disgusting and a real eye opener to cut through the ******** from politicians. NuLabour, NuSlavery.

Edited by BarrelShifter
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HOLA444

20 years of being self-employed. Started out repairing TVs. That particular occupation died, due to cheap imports and increasingly mind boggling technology. I moved into the aerial trade. Everyone (apart from Sky/Cable customers) needs an aerial. Well, I thought so. It appears that very few people want an aerial, and even if they do, I require scaffolding, a parachute, a safety landing net and built-in airbags to attempt the job (all for less than £100, if I am to compete with my competitors).

Stacking shelves, or the dole seems more lucrative.

Is it too late to learn talking bullsh*t ? That seems like a good career choice.

(Yes, I`m p*ssed off).

Edited by Prof
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HOLA445
Guest Mr Parry
Brown's beneficiaries? May I add bookmakers, lap dancing club owners, casino operators, night club owners.

Real contributors to society...

Yes. It's been 'Opposite Day' for the last 10 years. Everything bad became good and vice versa.

It's a though the government had been infiltrated by the mafia . . . . now there's a thought.

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HOLA446
Thank you Sarah.

I've not suggested it to anyone who could do anything about it. The reason being is that they'd take my suggestion, formulate a "multi-agency" approach to it, spend millions promoting it only to find that, by the time it reached the stressed and hard-pressed businessman or woman, it bore no resemblence to my original ideas.

Oh ye of little insight. The minimum wage has been a boon to low-paying employers.

Your neo-socialist impulses to force a minimum wage on employers has made it even easier for employers like me to exploit workers. I now live no longer in fear of being undercut by my competitors, knowing that minimum wage employers now no longer effectively pay taxes and society as a whole subsidises them and my company.

The minimum wage has pushed everything up, including house prices in the credit-fuelled boom. On a 5x minimum wage in the North East, the average MW employee could "afford" a house of £65-70K.

Sorry you can't stop ideology get in the way of economic practicality.

The minimum wage only benefits two strata in society - the employer and the person/couple already on the housing ladder.

Another one with sh** for brains. I'm saying the minimum wage is good for the likes of paper boys, car washers and strawberry pickers and should be

enforced. Whereas, I don't agree with the millions of cheap migrants suppressing wages for all those in the building trade, car trade and most other

manual working areas. Seeing as 15-20 years ago the Government was encouraging people to take apprenticeships in the building trade, where lots did,

when they were advising them to take this route, they forgot to mention that once they were fully qualified, bought a house, had a family, that they would

then flood the country with cheap migrants cutting their pay by 30% leaving them unable to pay their mortgage and bills.

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HOLA447
Go out and get a job. Fed up with paying for the likes of you.

Go out and get a job. Yeah, that's a laugh. I don't know what line of business you're in, but judging by the whinging post on page 1 you're not

up to much. I can assure you, I don't need a job. I could buy you your business and your house and still have more money in the bank than

you'll ever earn. twit.

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HOLA448
The best thing the Government could do to help small business are the following -

a) establish a heavily-subsidised scheme where experienced and knowledgable non-exec directors could come into a business to help it grow

B) waive corporation tax on profits of less than £250,000 a year

c) make every business VAT registered but allow companies with a £150,000 turnover or less to "keep" the VAT to help them grow

I've got loads of ideas, but they'd never listen to me. Why? Because I know what I'm talking about and they couldn't take credit for it.

Bunch of bastards.

I have run a small business for almost 10 years and I certainly like your style.

the Non exec idea is a very good one - perhaps they could offer tax breaks if you employ a non exec. using someone who has good experience can seriously help a small business in the start up phase from making mistakes and jumping the first few hurdles. I imagine it would be difficult to structure but not impossible.

Waive Corp tax below £250k - Fantastic - I suppose if you dont ask you dont get, you might as well go to this level but I seriously doubt the goverment would do this. Think of the volume of businesses that fall within this level, including contractrors, small family businesses, corner shops etc, the government would lose so much tax. But it would be easy for a well structured company to pay fantastic dividends - your personal tax bill would be tiny.

the VAT idea I think is great - this would help small businesses grow quickly. Additionally they could perhaps increase the VAT level where you have to register as I believe that the VAT level can really restrict the growth of small businesses e.g. small building contractors. Who would use a company that has to add an additional 17.5% - this is a big increase for a household to add to any project.

To be honest the only saving that I can think of is small business rate relief - not much really which is quickly swallowed up by other increases elsewhere.

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HOLA449

A word of advice to al you greater than great small business entrepeneurs, how about doing us all a favour and start paying your employees a

decent pay rise i.e. one that's above inflation instead of below. That way they may have some money left at the end of the week to spend in

the shops which may help pull us out of this recession, instead of paying them a pittance which is only burying them deeper in debt.

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HOLA4410
A word of advice to al you greater than great small business entrepeneurs, how about doing us all a favour and start paying your employees a

decent pay rise i.e. one that's above inflation instead of below. That way they may have some money left at the end of the week to spend in

the shops which may help pull us out of this recession, instead of paying them a pittance which is only burying them deeper in debt.

Great idea. I'll email payroll post-haste.

Recession averted.

Get back to work people, nothing to see here.

Edited by Breck
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HOLA4411
11
HOLA4412
Great idea. I'll email payroll post-haste.

Recession averted.

Get back to work people, nothing to see here.

No, a recession won't be averted but a depression may. Fact is, if people's pay had of risen in line with inflation over the last few years as it did

under the Consservatives people would be in a better position now to weather the storm. Trouble is, Labour buried their heads in the sand and

instead of pay rises they chose to let everyone remortgage themselves to death. Perverse I know but it helped keep them in power and fool

the workers how great life was as their house prices were rising by £20,000 a year. I mean who wants a pay rise when your house is going up

20k a year.

It's a shame it was all funded by banks borrowing money they never had and lending it out to people who never had a chance of repaying it.

And just to put the icing on the cake, the people that were happy to remortgage instead of getting a decent pay rise have now got to pay to bail

out the banks with their tax money. goood here, init.

Edited by time 2 raise interest rates
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HOLA4413
I have run a small business for almost 10 years and I certainly like your style.

the Non exec idea is a very good one - perhaps they could offer tax breaks if you employ a non exec. using someone who has good experience can seriously help a small business in the start up phase from making mistakes and jumping the first few hurdles. I imagine it would be difficult to structure but not impossible.

Waive Corp tax below £250k - Fantastic - I suppose if you dont ask you dont get, you might as well go to this level but I seriously doubt the goverment would do this. Think of the volume of businesses that fall within this level, including contractrors, small family businesses, corner shops etc, the government would lose so much tax. But it would be easy for a well structured company to pay fantastic dividends - your personal tax bill would be tiny.

the VAT idea I think is great - this would help small businesses grow quickly. Additionally they could perhaps increase the VAT level where you have to register as I believe that the VAT level can really restrict the growth of small businesses e.g. small building contractors. Who would use a company that has to add an additional 17.5% - this is a big increase for a household to add to any project.

To be honest the only saving that I can think of is small business rate relief - not much really which is quickly swallowed up by other increases elsewhere.

Regarding the non-exec consulting is good. I would take that a step forward. I know it's utopistic, but the reformed banks should do exactly this. Support the business they lend money to.

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