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Rachel Reeves says higher taxes on wealthy ‘part of the story’ for November budget

You can’t state that as being 100% correct

A director of a Ltd company could pay themselves the minimum wage and the rest as dividends
I did. As did every Ltd company director I knew. Even my accountant was on 'minimum wage'.
 
The chicken biker is pretending not to know the difference between a dividend and an interest payment.

HMRC knows.

So do I.
The cock on a moped seems unaware that you can invest in bonds that pay dividends. Its odd because he has in the past discussed such investments.

Here is a High Yield Bond that pays a dividend.


Perhaps our expert in finance retired plumber might need to do some research before spouting his usual nonsense.
 
I wonder if the chicken really thinks that an ETF is a bond.

His ignorance knows no bounds.
 
You can’t state that as being 100% correct

A director of a Ltd company could pay themselves the minimum wage and the rest as dividends
They aren’t on minimum wage then are they

They are a director of a company
 
You are welcome to compare the income tax rates with the dividend rates. You will see that those on the basic rate have the most to lose and those on the top rate of tax, have the least to lose.

Less than 1% for me makes no difference. For a retired person on the basic rate it is significant.
Retired people relying on investments aren’t low earners

Low earners get state pension and pension credits.
 
I wonder if the chicken really thinks that an ETF is a bond.

His ignorance knows no bounds.
PGHY is an ETF invested in bonds. So that’s an investment in Bonds which pays dividends.

Poor Johnyboy, the clueless
 
Seems like the Gov have listened to me lets see all the people on here who was attacking my ideas to now change their minds.

Reeves to ban luxury cars for benefit claimants​

You don’t seem to understand how motability scheme works

Here’s a little insight for you: the government does not give people free cars, in fact the govt doesn’t fund the motability scheme at all directly (apart from 0 rated VAT)
 
Retired people relying on investments aren’t low earners

Low earners get state pension and pension credits.
Whatever your definition, you cannot argue that the impact of the change affected those on lower incomes more than those on higher incomes.
 
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