Corporation Tax NI

D.A.

That's correct (I'm assuming she doesn't work in the same company as myself) - there are nowhere near enough local graduates with the correct skills, so in many cases, the skilled employees actually have to be imported from India.

Our universities are teaching completely the wrong subjects for the jobs available unfortunately.

Mistral001

donnac2558 wrote: »

I can see it all going bad very quickly.

A reporter in the Republic made a statement about the big companies come take it, and then shift their money back home to the US,Japan or China. They don't spend the money where they are(down South in his case), so its not the all singing and dance its made out to be.

This reminds me of the old phrase "what did the Romans do for us"


There's the employment
and the money spent by employees in local businesses
and the training
and the spin-off small businesses started by ex-employees
and the buildings they built with there own money
and the employment given to local builders during the construction of these buildings
and the sponsorship of sport and other events.
and the income tax and VAT raised by all of the above to pay for the public services such as health and education

guiriman

Mistral001 wrote: »

This reminds me of the old phrase "what did the Romans do for us"


There's the employment
and the money spent by employees in local businesses
and the training
and the spin-off small businesses started by ex-employees
and the buildings they built with there own money
and the employment given to local builders during the construction of these buildings
and the sponsorship of sport and other events.
and the income tax and VAT raised by all of the above to pay for the public services such as health and education

I would agree with most of the above, however a lot of these are benefits in the medium to long-term so will take a while to get established. Managing through the period where we have the cut to the block grant but not yet a compensatory increase from the benefits above will take vision and leadership, something which is sadly lacking in the local political scene.

qwert_yuiop

So who thinks we'd be better to collapse now and get it over with? Then we can start again with a clean slate. The way Greece is always about to, but never does (yet).

qwert_yuiop

guiriman wrote: »

I would agree with most of the above, however a lot of these are benefits in the medium to long-term so will take a while to get established. Managing through the period where we have the cut to the block grant but not yet a compensatory increase from the benefits above will take vision and leadership, something which is sadly lacking in the local political scene.

Construction spending on premises is from day one. Wages are from the opening week.

It's interesting that Irish owned industry actually shrank in the boom years down south.

saverbuyer

qwert_yuiop wrote: »

So who thinks we'd be better to collapse now and get it over with? Then we can start again with a clean slate. The way Greece is always about to, but never does (yet).

Sounds like we are going to get our collapse, SF have put forward a POC on welfare reform. Looks like corporation tax could be kicked into the long grass again.

qwert_yuiop

saverbuyer wrote: »

Sounds like we are going to get our collapse, SF have put forward a POC on welfare reform. Looks like corporation tax could be kicked into the long grass again.

Yes indeed. It seems Sinn Fein couldn't spin themselves as the anti austerity party to the southern voters any longer, while implementing welfare cuts here. Might as well blame Peter Robinson while they're at it. They must have come up with this wheeze in Derry at the weekend. Speaking of wheeze, did Sir Gerry sound more breathless than usual? Could have been the beard rubbing against the mike?

guiriman

But what does collapse mean in our case? If they don't cut welfare they have to cut something else, so what's it going to be?

qwert_yuiop

Stormont, possibly? Otherwise, take your pick - health care, roads, schools, police, schools. Prescription charges, univ fees in line with England. I'd say the welfare cap will be forced through by Westminster.

warmhands.coldheart

Get ready for the massive cuts to health care, infrastructure, schools, policing, schools. re-introduction of prescription charges, higher university fees on top of the welfare cap as qwert yuiop says, it will be forced through by Westminster in some way or other......