UK chancellor raises national insurance payments for self employed in new budget

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UK chancellor raises national insurance payments for self employed in new budget

Friday, March 10, 2017

UK chancellor Philip Hammond announced his 2017 budget on Wednesday, which included a £2 billion pledge to social care and a tax hike on the self-employed. It was accused of breaking Conservative Party manifesto promises.

It was announced there will be a 2% increase in national insurance contributions for the self-employed, with chancellor Philip Hammond citing worries that people were choosing to become self-employed in order to pay lower taxes and his perception of unfairness in the different rates paid by employees and self-employees. There were accusations this change in policy goes against the manifesto promises the Conservative Party ran on in 2015, which promised four times that there would be no increase in national insurance rates. Conservative MP Anna Soubry tweeted saying she believed these new measures would be unpopular as many would see them as unfair. The leader of the opposition, Jeremy Corbyn, claimed the new measures will not clamp down on people whose self-employment is just for tax benefits, instead causing problems for those legitimately self-employed, arguing that if they are to start paying similar tax rates to the employed then they should get rights such as statutory maternity pay. The think tank Resolution claimed, however, this increase is outweighed by other government policies and is, therefore, a good move.

In addition to this, the chancellor announced a £2 billion pledge to social care over the next three years, saying he was aware of the stress the ageing population is having on the NHS and social care. Liberal Democrat Norman Lamb described the amount as “wholly inadequate”, saying much more is needed to pay for an increase in care demands due to the ageing population. The lowest threshold at which shareholders pay dividend taxes is to be lowered from £5,000 to £2,000 claiming that the taxes for dividends provided “an extremely generous tax break for investors with substantial share portfolios”. Other budget announcements include an additional £325 million for the NHS, £90 million transport spending for the North of England, £20 million to support campaigning against violence against girls and women and a slight increase in funding for the devolved governments.

Creativity And Innovation Large Firms Versus Small Firms

By Kal Bishop

There is a pervasive assumption that small firms are more creative and innovative than larger firms. That is, they identify problems and generate ideas (creativity) and idea select, develop and commercialise (innovate) those ideas to a greater degree than larger firms. However, there is a large degree of untruth to this assumption:

a) Small firms suffer from a different set of problems than larger firms. Small firms, for example, tend to lack resources whereas larger firms tend to have more resources but may be less ready for wholesale adaptation in times of radical change. But these limitations do not mean that one is more innovative than the other. The sheer availability of resources means larger firms should be able to innovate along product, process, positioning and paradigm lines more often.

b) Large firms register more patents than small firms.

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c) Relatively little data is available about innovation in small firms.

d) Most research of small firms has been conducted in the technology sector – a very small sample with it’s own idiosyncrasies – the very large investments that some tech firms get skews the data.

e) There is little data analysing whether the innovations produced by small firms has any significance at all.

f) Small firms will inevitably tend to suffer a lack of intellectual cross-pollination and frame breaking and higher degrees of path dependency and parochialism.

g) There is confusion between organisational size and team size. Small teams working with direct access to decision makers in large organisations can be just, if not more (with larger resources), effective than small firms.

These and other topics are covered in depth in the MBA dissertation on Managing Creativity & Innovation, which can be purchased (along with a Creativity and Innovation DIY Audit, Good Idea Generator Software and Power Point Presentation) from http://www.managing-creativity.com/

You can also receive a regular, free newsletter by entering your email address at this site.

Kal Bishop, MBA

About the Author: Kal Bishop is a management consultant based in London, UK. He has consulted in the visual media and software industries and for clients such as Toshiba and Transport for London. He has led Improv, creativity and innovation workshops, exhibited artwork in San Francisco, Los Angeles and London and written a number of screenplays. He is a passionate traveller. He can be reached on

managing-creativity.com/

Source:

isnare.com

Permanent Link:

isnare.com/?aid=3906&ca=Business+Management

Category:August 2, 2010

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Skeletons found under home in Hertfordshire

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Skeletons found under home in Hertfordshire

Wednesday, April 23, 2008

Catherine McGuigan, a resident in South Mimms, Hertfordshire, UK, found skeletons from over a century ago buried under her dining room.

She had hired builders for an extension for her cottage, where she has lived for eleven years, and at the beginning of April they found human bones in the ground.

Her cottage was built over a burial ground; from 1697 to 1820 the land was owned by the Religious Society of Friends. In the 1600s, members of the society, better known as Quakers, were persecuted for their beliefs and so were not allowed to be buried in consecrated church grounds. Instead burials, which were also sometimes for others not recognised as parishioners – such as homeless people, often took place in the countryside.

The Daily Mail states in its April article that the Religious Society of Friends have advised McGuigan that she “must cremate” the bodies, however Quakers have written an open letter to the Daily Mail, informing that for Quakers, there is “no specific advice on the disposal of bodies”, and that they had never expressed an opinion on how the discovered skeletons should be buried.

The cremation was rumoured to cost up to £32,000 – an £800 quote for cremation of a single body multiplied by 40, however as yet only ten bodies have been discovered.

The builders originally thought the bones were pieces of pipe, and McGuigan has now ordered coffins and is looking to holding a mass cremation or a burial in a nearby field.

Evangelist Hovind found guilty for tax fraud

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Evangelist Hovind found guilty for tax fraud

Saturday, November 4, 2006

Evangelist Kent Hovind and his wife, Jo, was found guilty on all counts of tax fraud concerning merchandise and amusement park admission sales. The trial began at United States District Court for the Northern District of Florida on Tuesday October 18, 2006, and prosecutors rested their case against Hovind on November 1. Defense lawyers rested their case on the same day without presenting evidence or calling witnesses; Hovind claims that he runs a church, and thus should not have to pay taxes, while prosecutors claimed that he was actually running a business.

nJCuYQdn | Uncategorized | 07 10th, 2018 | No Comments »

Police in Britain uncover suspected terrorist plot

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Police in Britain uncover suspected terrorist plot

Friday, August 11, 2006

The Metropolitan Police’s anti-terrorist branch and security service in London have claimed that a terrorist plot to detonate bombs on nine planes travelling mid-air from the United Kingdom to the United States has been thwarted.

Contents

  • 1 Details of plot emerge
  • 2 Flights disrupted
  • 3 Security restrictions
  • 4 Bank accounts frozen
  • 5 Sources

nJCuYQdn | Uncategorized | 07 8th, 2018 | No Comments »

Parents arrested after putting baby on Craigslist

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Parents arrested after putting baby on Craigslist

Sunday, June 1, 2008

A couple from Vancouver, British Columbia, Canada has been arrested on charges of public mischief after listing their seven day old baby girl on the popular Internet classified ads website Craigslist.

The listing claimed that the baby was unexpected, “healthy and very cute”. It asked CAN 10 000 for the baby. It also listed a phone number belonging to a stolen cellphone, which was used to find the couple.

It was first noticed by a 62-year old grandmother browsing the website for furniture, who said “I was shaking, and I thought, ‘Come on, how did this even get through?'” The couple claimed that the listing, which has since been removed, was a hoax.

The father, Jeremy Pete, had a history of car thefts and evasion of police, while the mother, 23-year-old Bethany Granholm, had convictions of property theft, fraud and impersonation. The parents have now been released, but charges are still being considered. The baby has been placed in provincial care.

A suspected copycat incident occurred just four days later, also offering a seven-day-old baby girl for CAN 10 000 on Craigslist. This incident turned out to be a hoax, and no child was in danger.

Last week saw a similar incident in Germany, where a couple listed a seven month old baby on eBay. In this case the police have launched a child trafficking investigation, despite the parents’ assertion that the listing was a joke.

nJCuYQdn | Uncategorized | 07 8th, 2018 | No Comments »

Apple announces Mac OS X Lion, iOS 5, and iCloud

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Apple announces Mac OS X Lion, iOS 5, and iCloud

Tuesday, June 7, 2011

At the company’s own Worldwide Developers Conference (WWDC) keynote at the Moscone West center in San Francisco, Apple CEO Steve Jobs introduced the next generation of software products from Apple. Apple unveiled Lion, the new version of their Mac OS X operating system for desktop and laptop computers that brings new features to the software. They also demonstrated iOS 5, a new version of the operating system that powers iPhones, iPod Touches, and iPads. Alongside both announcements, Jobs also announced a new iCloud service to sync data among all devices. All 5,200 participating developers will spend the rest of the week in workshops with Apple employees; developer releases of each product were made available today.

Mac OS X Lion will be shipped in July through the online Mac App Store available on Mac computers for US$29. According to Apple, the update adds over 250 new features to the OS. Employee Phil Schiller discussed new multitouch gestures along with a dynamic task manager named Mission Control that shows open applications. During the keynote, Schiller said, “The Mac has outpaced the PC industry every quarter for five years running and with OS X Lion we plan to keep extending our lead.” It also adds full support for the Mac port of the popular App Store, full screen applications, iOS-style app icon lists called Launchpad, and other iOS-like features including a revamped Mail and Auto Save among others. Mac OS X Lion was announced at a different Apple event several months ago and will replace Mac OS X Snow Leopard, which was released in 2009.

Soon after, the company also introduced the latest installment in its popular mobile operating system iOS. The fifth version (iOS 5) introduces around 200 new features, including a revamped notification system, which combines messages and notifications from all applications installed on the user’s device. Scott Forestall, an Apple employee, also revealed that iOS devices would no longer require a computer for setup, allowing users to ‘cut the cord’ between their devices and PCs. Magazines and newspapers also have a new folder interface; the Twitter social network is now integrated significantly into iOS devices. Improvements to the mobile Safari browser were also announced; tabbed browsing and a Reader feature introduce desktop-like functionality. Finally, new camera features are built in, including the ability to take snapshots from the lock screen, as well as iMessages, a new messaging platform for iPhones and iPads.

We are going to demote the PC to just be a device. We are going to move the digital hub, the center of your digital life, into the cloud.

CEO Steve Jobs returned to the stage to reveal Apple’s new cloud services offering, iCloud. The service integrates with Lion and iOS applications and syncs data between a user’s iOS devices. For example, calendar events created on a user’s laptop would be sent to their iPhone through iCloud. Apps, books, documents, photos, and more purchased or created on one device will be shared with others. The service is intended to launch in the fall of 2011 alongside iOS 5 and will be available with 5 gigabytes (GB) of storage for 10 devices for free. Earlier this year, Apple opened a 500,000 square foot data center in North Carolina intended to facilitate this new service. Jobs rounded the services off by unveiling a new iTunes feature that mirrors a user’s library in the cloud, allowing them to listen and download music to authorized devices. “We are going to demote the PC to just be a device. We are going to move the digital hub, the center of your digital life, into the cloud,” said Steve Jobs during the keynote. iCloud and iOS 5 will be released in the fall of 2011; Apple announced no new hardware products.

nJCuYQdn | Uncategorized | 07 3rd, 2018 | No Comments »

Skeletons found under home in Hertfordshire

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Skeletons found under home in Hertfordshire

Wednesday, April 23, 2008

Catherine McGuigan, a resident in South Mimms, Hertfordshire, UK, found skeletons from over a century ago buried under her dining room.

She had hired builders for an extension for her cottage, where she has lived for eleven years, and at the beginning of April they found human bones in the ground.

Her cottage was built over a burial ground; from 1697 to 1820 the land was owned by the Religious Society of Friends. In the 1600s, members of the society, better known as Quakers, were persecuted for their beliefs and so were not allowed to be buried in consecrated church grounds. Instead burials, which were also sometimes for others not recognised as parishioners – such as homeless people, often took place in the countryside.

The Daily Mail states in its April article that the Religious Society of Friends have advised McGuigan that she “must cremate” the bodies, however Quakers have written an open letter to the Daily Mail, informing that for Quakers, there is “no specific advice on the disposal of bodies”, and that they had never expressed an opinion on how the discovered skeletons should be buried.

The cremation was rumoured to cost up to £32,000 – an £800 quote for cremation of a single body multiplied by 40, however as yet only ten bodies have been discovered.

The builders originally thought the bones were pieces of pipe, and McGuigan has now ordered coffins and is looking to holding a mass cremation or a burial in a nearby field.

nJCuYQdn | Uncategorized | 07 3rd, 2018 | No Comments »

Afghanistan: Suicide attackers kill several people in Kabul

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Afghanistan: Suicide attackers kill several people in Kabul

Tuesday, May 18, 2010

A car bomb attack this morning, which targeted a NATO (North Atlantic Treaty Organization) convoy in Kabul, the capital of Afghanistan, has killed or wounded dozens of people. The death toll was not confirmed, and estimates range from ten to twenty deaths. 47 people were injured in the attack.

The incident occurred at the Darulaman crossroads, near a US-Afghan military base and the parliament. Six NATO troops died in the attack alongside several civilians. The NATO said they had sealed off the region. The bomber had been driving a car filled with explosives, which they detonated at around 0815 local time [0415 GMT].

Iain Baxter, a spokesman for Isaf (International Security Assistance Force), stated: “An Isaf convoy was hit. At the moment we’re trying to confirm the number of Isaf casualties.” He could not confirm the number of Isaf personnel killed in the attack.

Zemarai Bashary, an Interior Ministry spokesperson, confirmed the attack, noting that “[t]here are a number of casualties, civilians killed and wounded.” The death toll is unclear, and we’re checking all the hospitals,” he added.

Hamid Karzai, President of Afghanistan, said it was a “heartbreaking” attack. “We are condemning the attack in the strongest terms. I hope Afghanistan will soon get out of this suffering, God willing,” he commented on national television.

General Ahmad Zia Yaftali, the chief military doctor of the Afghan army, claimed twenty people had been killed. “We have five bodies brought to our hospital so far […] the number of the dead is more than 20,” Yaftali told Agence France-Presse news agency.

Later, the Taliban claimed responsibility for the attack, saying a resident of Kabul, Nizamuddin, had been sent to “destroy five foreign vehicles and damage one more.” “Today’s attack was part of the Al Fatah operation and we will continue attacking foreigners and government security forces and their associates,” Zabihullah Mujahid, a Taliban spokesperson said. The latter had 1,500 pounds of explosives in his Toyota van. NATO officials said five US military convoys were destroyed along with a further thirteen public vehicles. One of the vehicles to be destroyed was a bus filled with people.

nJCuYQdn | Uncategorized | 07 3rd, 2018 | No Comments »