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Sunak has decided to help out certain industries - at last.

(86 Posts)
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Dinahmo Tue 21-Dec-21 14:41:16

The hospitality industry is suffering badly once again through no fault of its own. Restaurant and pub bookings are being cancelled at a rate of knots because people are worried about socialising in the present circumstances. Not knowing exactly what will happen with Omicron. This industry will share £1bn financial support.

It's not just hospitality, it's also theatres and cinemas who are seeing a smaller footfall plus nightclubs and the travel industry. There are many tour guides who have had very little work since 2019. These businesses are not being helped at the moment.

Unfortunately there was a lot of fraud during the period of the first handouts. Many businesses applied for the bounce back loans and used them to fund personal spending, knowing full well that these were being backed by the govt. This of course, is in addition to the billions wasted in handouts to cronies for tests and tracing etc.

At the same time, as we have seen from GNers, many self employed did not qualify for any financial help. Come April, the employed will be facing increased NI contributions whilst the wealthy unemployed are not facing any tax increases at the moment.

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Germanshepherdsmum Thu 23-Dec-21 12:00:39

You’re welcome Dinahmo.?

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GillT57 Thu 23-Dec-21 12:09:21

Oh FFS, why are so many people deliberately misunderstanding the original post? Stop wittering on about how hard you have worked, how it is your business what you leave your children, and just have a reality check. The simple facts are that my adult children, like most of yours, will be paying additional taxes from April and many will not. The example given by BBC when this tax was first introduced was that a tenant earning £25,000 will pay additional tax while his landlord who may own multiple properties and have an income in excess of £500,000 from said properties will not pay any additional NIC. Simple to understand and hard to defend

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Germanshepherdsmum Thu 23-Dec-21 12:11:49

Did we draft, vote on or pass the legislation? It is what it is.

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Greta Thu 23-Dec-21 12:34:56

Dinahmo, I always enjoy reading your posts because I find them very informative and interesting. They are also well written. Thank you.

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Ilovecheese Thu 23-Dec-21 12:45:44

GillT57 very good post.

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JaneJudge Thu 23-Dec-21 12:48:15

Not to mention Sunak is a landlord himself

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GillT57 Thu 23-Dec-21 13:24:41

JaneJudge

Not to mention Sunak is a landlord himself

as are many of the cabinet.

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GillT57 Thu 23-Dec-21 13:27:23

Germanshepherdsmum

Did we draft, vote on or pass the legislation? It is what it is.

The Tory government voted on this and passed it, as they do other controversial bills, because they are a majority, surely you know this? I wrote to my MP, expressing my concerns, stating that I thought it unfair, and that I considered a rise in income tax which would mean that everyone earning over a certain level would contribute, not just the employed and self employed under state pension age.

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Germanshepherdsmum Thu 23-Dec-21 13:28:21

And that had a big effect obviously.

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GillT57 Thu 23-Dec-21 13:43:04

Germanshepherdsmum

And that had a big effect obviously.

Of course it didn't, but at least I tried because I think it is unfair. Am I to assume you are happy with this unfairness then? Or just feeling like being sarcastic? Neither is a good look

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