Monday, 6 April 2009

MPs enjoy generous tax breaks

It seems that for tax purposes MPs are better than us. They are allowed to have 2 homes and have it set off against tax.

Telsgraph link

IMHO, all MPs expenses should be got rid of, they should be paid a salary, and out of that fund all their second homes, and so on - just like the rest of us. If they require staff, they should be paid for by parliament, not by the MP.

Wednesday, 1 April 2009

Our illustrious Home Secretary, Jacqui Smith, has been caught. Her husband, in her second home, for which she claims a second house allowance, all of a few miles away from her primary residence (a flat she shares with her sister in London, go figure), has been downloading porn from the internet service provider (Virgin), and billing it to the account of the right honourable. About time we changed these disgusting expense and second home rules. Funnily enough the rest of the bunch are staying surprisingly quiet.

Now, what were the films he was watching?

Tuesday, 16 December 2008

Pensions overpaid

Possibly about 10,000 government employees overpaid pensions possibly since 1970. Its ok though, they can keep them (possibly)

Friday, 24 October 2008

Olympic Crunch

So the Olympic Development Association, and the company engaged to build it, Lendlease, has been unable to raise any private money for the olympic villages and venues from private investors, because of the credit crunch. An extra £850m is still yet to be found for the olympic village, and the budget has been cut back, with fears that athletes may have to share rooms (shock horror!)

Which means that the likelihood is that then entire bill will nedd to footed once again by the taxpayers, so that the gov will then own the land and buildings, so they can sell them of afterwards.

No doubt to foot the mp's pensions bills.

Monday, 20 October 2008

A random thought on minimum wage.

Minimum wage is probably a good thing for employees, but not such a great thing for employers.

It is definitely a good thing for gov. It increases the amount an employee is paid, therefore increasing the amount of tax and NI they pay to the gov.

This in turn goes to pay for the repayment of the loans to the banks, and the public employee pensions (for which there is no pot).

As minimum wages increases, so fees for services and products will rise, and so will unemployment as there becomes less and less point in an employer keeping someone employed, at a rate for which there is no competition for jobs.

There will be a larger and larger drain on umemployment services, paid for by the gov, and fewer and fewer poeple to pay the taxes. More and more businesses will go out of business, because of unsustainable work levels, and the feeling that it would be better to be employed, rather than struggle all the hours god sends to keep up with the gov imposed rules, regulations, and health and safetly laws.

Oh, hang on, minimum wage is a bad thing for gov too.

Crunch crunches family freindliness

The credit crunch is not good for business (its official, the gov says so). Some suggestions are reducing red tape (by applying for red tape reduction with more forms no doubt), to reducing NI payments for small companies for 6 months (could save them £600 - whoopee, less than a weeks wages for a minimum wage employee), and by pitting on hold the 'family friendly' measures proposed by lilly livered bleeding heart lefty liberals.

Now, far be it for me for the cynic in me to raise its ugly head again, but increasing paid maternity leave, and creating virtually compulsory paid paternity leave, has always seemed like a strain to small businesses to me - whether the government pays for it or not.

But, it raises to questions - doesn't it show that perhaps it wasn't a good idea in the first place, and are the gove realising now that it might actually cost them a teensy weensy bit more than they thought?

Of course, the next thing would be just to make the businesses pay for it.

Phone database

Ok, this is getting silly - now we're going to need a passport, or some other form of identity, to purchase a moblie phone, so that our details can be held on yet another database - again supposedly to combat terrorism and crime.

The gove wants the phone companies to foot the bill (or part of it) - in other words, guess who's going to be really footing the bill - or is this just yet another tax?

http://security.itproportal.com/articles/2008/10/20/buying-mobile-phone-you-will-need-passport-yes-another-database-coming/