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

(86 Posts)
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.

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

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

And that had a big effect obviously.

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.

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

JaneJudge

Not to mention Sunak is a landlord himself

as are many of the cabinet.

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

Not to mention Sunak is a landlord himself

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

GillT57 very good post.

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.

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

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

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

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

You’re welcome Dinahmo.?

Dinahmo Thu 23-Dec-21 11:38:15

Thanks Germanshepherdsmum

Germanshepherdsmum Thu 23-Dec-21 11:27:05

What a disgusting post Mummer. You owe Dinahmo an apology. I’d like one as well for being a conservative voter who has worked all her life and has a rather better grip on reality than you seem to have.

Dinahmo Thu 23-Dec-21 10:33:19

Mummer I've just reread your comments. How dare you?

I will respond just to show you how wrong your are.

I am an accountant whose clients are mainly self employed artists and artisans. They do not earn a lot of money and I do not charge them exhorbitant fees.

I have voted Labour all my adult life, apart from the occasional tactical vote for the SDP/LibDems.

I have no inherited wealth

The information mentioned has been obtained from the financial press, accountants fora and HMRC.

Your apology will be gracefully accepted.

Dinahmo Thu 23-Dec-21 10:25:39

Mummer I'm sorry but I do not understand your response to my OP. Perhaps you could clarify it and I will then respond.

Barrygirl Thu 23-Dec-21 08:44:36

Unfortunately, most of the technicians and back stage staff in the theatre and arts industry are freelance workers and won't see a penny piece (again) from the government as it is the venues who are receiving grants, not the workers. I work in the industry but because I have a pension I survived but close friends of mine have used up all their savings (put aside for old age) and at least two have lost their houses ...

Lincslass Wed 22-Dec-21 19:36:54

Should No more money for devolved Gov, really?

Lincslass Wed 22-Dec-21 19:35:57

paddyann54

tens of thousands of self empoyed got no help.We are lucky we didn't need it but many who were newly self emplyed did.

No new money for the devolved nations its already factored into the Barnet formula ,so included in the budget we ae required to live within.How I wish Weatminster had to live within a budget ,then we woud't be responsible for around 10% of the debts they accrue .Why should we need to pay for London 's sewers or crossrail or HS2 or Big Ben or ANYTHING that has nothing to do with Scotland or our taxpayers? Devolution= power "given means power retained by WM . Usually for the benefit of England and the detriment of the other nations !!

More money for devolved Governmants , really

www.government-world.com/uk-government-to-confirm-extra-funding-for-devolved-administrations-to-tackle-covid-2/?print=pdf

Caro57 Wed 22-Dec-21 19:19:58

I would also be classed as ‘wealthy (almost) unemployed’ and I have worked blooming hard, single parent too, all my adult life to get to this point

growstuff Wed 22-Dec-21 18:31:36

4allweknow

Okay to take me out of the category of those you seem to frown upon, ie have property and don't work I forfeit my home giving it away for nothing to say the local authority or housing association where do you suggest I live whilst waiting to be assigned a haven. What about those who have contributed to a pension whilst working and still pay tax on the meagre monthly amount received. Take it you don't own any assets or accept any payments from government sources funded in part by the asset holders eg property tax, income tax, inheritance tax.

If you only have the home where you live, you're not using it for income.

Laurmurf Wed 22-Dec-21 17:23:30

Here here. Scotland has been working much harder to restrict the impact of Omicron which has- of course- had an impact on the hospitality industry. But until Westminster opens its purse, devolved nations get nowt extra

4allweknow Wed 22-Dec-21 17:13:12

Okay to take me out of the category of those you seem to frown upon, ie have property and don't work I forfeit my home giving it away for nothing to say the local authority or housing association where do you suggest I live whilst waiting to be assigned a haven. What about those who have contributed to a pension whilst working and still pay tax on the meagre monthly amount received. Take it you don't own any assets or accept any payments from government sources funded in part by the asset holders eg property tax, income tax, inheritance tax.

Mummer Wed 22-Dec-21 16:49:09

Dinahmo

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.

Let me guess?........your a conservative voter! Ya?! Typical kept in dark , fed on you know what and haven't a clue about the real world , you sound like the matrons at a gym I went to ONCE! all directors' wife's never had a real job , smug....I can't go on I'll get banned..... Open your eyes and try to get your little head around the real world u employed? You mean the likes that sponge off ancestors or those that squirm out of paying any tax at all!? And the fraud you speak of? Wher ARE you getting your information from? Oh ya , hubby tells you what to think..........

Kalu Wed 22-Dec-21 15:43:26

£6,000 is a paltry sum for any business trying to stay afloat. Many businesses who struggled financially have gone under.

growstuff Wed 22-Dec-21 15:08:09

philoheart

There has been financial help for almost everyone from the chancellor since the pandemic began. BUT no help at all for pensioners who have had to shoulder increasing costs on essentials like food and energy.

Almost everyone maybe, but approximately 3 million people, including many self-employed, received no help at all.

In any case, the support now being offered to hospitality, etc. is woefully inadequate. It's £6,000 per business, which for many won't cover rent and the wage bill for very long.

Lizy Wed 22-Dec-21 15:03:50

Grow stuff, 'Many people work bloody hard, but don't have the opportunity to acquire assets.'. .. I was about to post much the same, so thank you.