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Tax Credits
Comments
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And what do those whose labour isn't worth that do?I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I would also suspect that a large number are on part time contracts.
Probably because Whitbread, like plenty of other large companies in the retail sector, want to avoid having to pay national insurance. When can we expect that to change? It should be paid by employers on the first pound earned each week, not just when the pay gets over £156 a week. If the government then want to rebate the employee's contribution for low paid employees, let them do it through the tax system, as a rebate.0 -
gadgetmind wrote: »And what do those whose labour isn't worth that do?
All labour is worth a living wage. The current NMW certainly isn't it. £9.50 an hour seems a reasonable starting point to me. Someone who works full time should be earning enough from his employer not to need to depend on being bailed out by the welfare system.0 -
All labour is worth a living wage.
That may be an opinion but it's not a fact. There are many who have close to zero skills coupled with not much ability/attitude to acquire them. If employing this person won't increase revenue enough to pay them, then they won't be employed.
I maintain that the solution is education rather than legislation. If people have valuable skills, then they'll find earning many multiples of living wage easy, if they don't ...I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I'll just legislate everyone richer.
While you've got your magic wand out, can I have a pony?I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
When I'm in charge I'll increase it to £20 and make every Friday a public holiday.
I'll just legislate everyone richer.
You've got my vote. All you need to do now is promise to legislate to cap house prices at 3.5 times the average wage and graham will vote for you too. This politics lark is a piece of cake.0 -
Probably because Whitbread, like plenty of other large companies in the retail sector, want to avoid having to pay national insurance. When can we expect that to change? It should be paid by employers on the first pound earned each week, not just when the pay gets over £156 a week. If the government then want to rebate the employee's contribution for low paid employees, let them do it through the tax system, as a rebate.I think....0
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All labour is worth a living wage. The current NMW certainly isn't it. £9.50 an hour seems a reasonable starting point to me. Someone who works full time should be earning enough from his employer not to need to depend on being bailed out by the welfare system.
a lot of people agree with you
it's a shame that most of them don't start businesses that pay these rates to people without skills.0 -
Thrugelmir wrote: »Do you know how many employees Tesco's has?
Around 507,000
That equates to a profit per head of £698.
Based on a 37.5 hour week. Each employee contributes 37 pence per hour.
Best to understand what numbers mean before spouting off.
Osborne may have made a fatal error with his minimum wage plans.......
Why talk about Tesco's worldwide headcount? I couldn't care less what they pay their employees in Thailand, Malaysia, The USA, Turkey, Poland and wherever else they have their stores these days. Their UK head count is just over 300,000 people.
Furthermore, if Tesco choose to run some of their overseas operations at a loss, that's between them and their long suffering shareholders. Here in the UK they make a profit. Give me one good reason why the taxpayer should bolster that profit via tax credits so they can pay their staff poverty wages?
And even in the UK, all we are talking about is their lowest paid workers.
Do you think campaigns like this help their cause?
https://you.38degrees.org.uk/petitions/tesco-pay-your-workers-a-wage-they-can-live-on
More likely drives their would be shoppers into the arms of Lidl, Aldi and Waitrose.
http://www.ibtimes.co.uk/lidl-living-wage-will-tesco-aldi-others-increase-pay-new-frontier-supermarket-war-1520294
Our local Morrisons is empty. Minimum hourly rate at Lidl? - £8.20. Minimum hourly rate at Morrisons? A pathetic £6.83.
Morrisons are so greedy they're prepared to pay their staff peanuts (Tesco are no better) knowing that some other taxpayers are paying ridiculous rates of income tax so they can top those poverty wages up? Well, hail to Scrooge, which seems to be what you want to do, defending their greed, but they can both do without my hard earned dosh.0
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