The self-employed underclass
February 28th, 2007 at 10:52 am by David FarrarFran O’Sullivan highlights how ill treated the self -employed are, and that they represent a business underclass. Some extracts:
* The self-employed are not eligible for the implicit tax break wage and salary earners from making employer’s contributions free from SSWCT (specified superannuation contribution withholding tax)
* Tax credits that are available to families which are explicitly not available to the self-employed unless one parent is a wage or salary earner.
* Lowering the top corporate rate to 30c will not help the self-employed
No tag for this post.
February 28th, 2007 at 11:41 am
Of course Cullen and all the other Socialists and their supporters just laugh at the self employed and think they are a bunch of muggins to be exploited and gouged.These mindless bunch of dog turds who leach onto the hard working class will get their just deserts when the revolution comes.
Vote:February 28th, 2007 at 11:52 am
There are of course certain perks to being self employed.
Whilst at university a lot of my friends had parents who were self employed so were able to get the Student Allowance through interesting representation of what their parents earned.
This is but one of a few.
Besides, NZ is rated as one of the best places in the world to conduct business.
Vote:February 28th, 2007 at 11:55 am
And also GD, what the hell revolution are you talking about? You keep saying it. I’m not seeing it.
Will there be flags waved as the progression of brownshirts marches down Lambton Quay?
A picture of John Stuart Mill fluttering in the breeze?
Brilliantly catchy rhyming chants?
Or will it just be guns a’blazin?
Vote:February 28th, 2007 at 12:06 pm
Im all for guns a’blazin!
(Hi Sonic)
Vote:February 28th, 2007 at 12:12 pm
I’ve got a chant for you:
“We’re here, we’re right, and we don’t know how to rhyme”
Vote:February 28th, 2007 at 12:33 pm
DavidC Visions of the French Revolution, Custers Last Stand, The Alamo, Charge of the Light Brigade pass thorough my mind from time to time. A wonderful kalidescope of noise and colour. Heads of the Socialists on spikes. Executioners hold ing their severed heads high.
That sort of stuff.
Vote:February 28th, 2007 at 12:37 pm
Underclass – buzzword for 2007.
Of course Cullen and all the other Socialists and their supporters just laugh at the self employed and think they are a bunch of muggins to be exploited
Yes gd, that is exactly what they (we) think. Well observed.
Vote:February 28th, 2007 at 12:54 pm
Simple answer really. The sole trader/self employed, should incorporate and trade as a limited liability company.
Vote:February 28th, 2007 at 12:54 pm
Simple answer really. The sole trader/self employed, should incorporate and trade as a limited liability company.
Vote:February 28th, 2007 at 12:55 pm
It will be interesting to see if the Govt has any plans to roll out some of the initiatives they have put in place to the self-employed, as they have with Paid Parental Leave. It took a while to work out how they could do that in a manner that was effective, and who knows, maybe there are similar plans for other tax credit arrangements?
Vote:February 28th, 2007 at 1:01 pm
“And also GD, what the hell revolution are you talking about? ”
The one that turns the land into deserts, apparently.
Vote:February 28th, 2007 at 1:15 pm
“The one that turns the land into deserts, apparently”.
I’ve been meaning to say something about that. I’m all for more desert. This fertile ground business is all growing a bit passé don’t you think?
Vote:February 28th, 2007 at 1:25 pm
Apologies.Still find it difficult to spell using one of these new fangled keyboards. Quill pen and paper was so much easier when I was a lad.
Vote:February 28th, 2007 at 1:26 pm
Tekapo or Rangipo?
Vote:February 28th, 2007 at 1:33 pm
“Visions of the French Revolution, Custers Last Stand, The Alamo, Charge of the Light Brigade pass thorough my mind from time to time.”
Vote:- I note that all GD’s visions of martial glory where in fact disasterious fukk-ups, and those he presumably considers the good guys lost. Of course as a typical pseudo-fascist contributor to this blog, odds are he’s a pasty overwight middle age dude or an angry young lonely wimp – so any revolution he’s behind would probably end in similiar fashion.
February 28th, 2007 at 1:35 pm
Hey hey hey Sean
let us all keep in good humour.
Not all fascists are pasty overweight and middle aged.
Che Guevara
Tanned, slim and died quite young.
GD are you the new Che? Do you have university students wearing your face on Tshirts?
Vote:February 28th, 2007 at 1:54 pm
DavidC in my mind I am the new Che.Sadly the reality is more akin to Sean Ds first descriptor.And SeanD please dont make the mistake of trying to pidgeon hole me into some self selecting box.I pride myself on being multi faceted and have indeed surprised some posters here and elsewhere who wrongly categorised me.I prefer to describe myself as a voice of common sense and reason seeking justice and fairness for those who I believe deserve it.
Vote:February 28th, 2007 at 2:26 pm
So say we all, gd, so say we all.
Vote:February 28th, 2007 at 2:28 pm
We could have a spartacus moment
but with Che
“I’m Che”
“No I’m Che”
Vote:February 28th, 2007 at 2:35 pm
I prefer to describe myself as a voice of common sense and reason
and
These mindless bunch of dog turds who leach onto the hard working class will get their just deserts when the revolution comes.
That is just too funny to let go.
Vote:February 28th, 2007 at 2:53 pm
Yes, being self-employed is terrible. All of a sudden you get 100% of the fruits of your labour (pre-tax, obviously) rather than a small fraction, you still pay tax at an individual rate rather than the company rate AND you can claim all manner of stuff that comes out of your income post-tax as a salary earner as pre-tax. Really sucks.
And as for why the self-employed don’t start trading as an LLC, surely that’d be because up to a certain point you pay a lot LESS tax as a self-employed sole trader than an LLC does… Until you start earning enough to make LLC status worthwhile being a sole trader is actually not that bad a deal, to be honest.
Underclass my arse. Strikes me the worst deal is having a job and being on PAYE, given that you get taxed most aggressively there.
Vote:February 28th, 2007 at 2:53 pm
Well Andrew I did confess to being multi faceted so there you have it.
Vote:February 28th, 2007 at 3:02 pm
gd, very true.
Vote:February 28th, 2007 at 3:06 pm
..These mindless bunch of dog turds who leach onto the hard working class will get their just deserts when the revolution comes.
Posted by gd | February 28, 2007 11:41 AM
Posted on February 28, 2007 11:41
David C:
Im with you gd. What do you suggest us revolutionaries should bare as the weapon-of-choice? Pooper-scoopers?.
Vote:February 28th, 2007 at 3:11 pm
I don’t understand? Is Paul with GD? or Did I say that?
If that’s the case,
I think I may have been misquoted.
Vote:February 28th, 2007 at 3:28 pm
err,
You have hit it right on the button.
Get a self employed tradesman to do a job for you. For cash one price, by cheque another, you get the materials even better. (no GST to deal with)
Absolutely right about the poor old PAYE Taxpayer. They have no say in how much tax they pay. It is whipped away before they ever see it.
The actual numkber of self employed is staggering. Why? Best way to arrange the tax affairs.
Vote:February 28th, 2007 at 4:05 pm
Which is all OK until the concept of unlimited liability becomes a reality at which time a company looks waaay more attractive with the same deductables and ability to pay a wage that keeps the tax down. Combine that with a Trust as the shareholders and you have all the flexibility in the world. Pity the Gummint (and Dunne) are determined to stop us having that sort of fun.
Vote:Still that doesn’t get you the “cashie” rate and GST rort but that would be illegal and must not in all conscience be advocated publicly.
February 28th, 2007 at 4:07 pm
Of course if you don’t mind declaring bankruptcy and starting again, sole trader has it’s advantages.
Vote:February 28th, 2007 at 5:29 pm
NZ has always been a bugger of a place for the self employed no matter who the govt is.
I remember when i started my first biz, paying 7.5% tax, it was hard enough then.
A warning to self emloyed, if you get an injury be prepared for a lenghty and costly court battle to gain any cover from ACC, very experienced in this matter.
Vote:February 28th, 2007 at 7:38 pm
“NZ has always been a bugger of a place for the self employed no matter who the govt is.
I remember when i started my first biz, paying 7.5% tax, it was hard enough then.
A warning to self emloyed, if you get an injury be prepared for a lenghty and costly court battle to gain any cover from ACC, very experienced in this matter.”
I would second that, took 10 months of scrapping with ACC over a shoulder injury, and having 6 Wellington bureaucrats involved, it would have paid for the ACC & the op 10 times over. The key is to dispute and get your case to a hearing, I did this, they capitulated the day before the hearing and coughed up. They just try you out see how much intestinal fortitude you have
Soldier on Lads, bit of cold steel for the faceless bureaucrat eh Capt Mannering.
Vote:February 28th, 2007 at 7:50 pm
I have a few mates that are self employed but are not married and do not have children. They don’t seem to be getting much of a suck on the sav. In fact the poor buggers are seen a bit like blood donors to this government, Cullen lets them keep enough just to keep living.
Totally agree with you Hard Worker, ACC is the biggest have these socialists bastards have imposed on the self employed. I pay around $3000 to 4000 a year in levies ( TAXES ), two years ago I stabed myself while killing a pig. The quack gave me four sitches and ten days off work, which didn’t please the wife. A fucking CC gave me eighty dollars, I ask you, is this right?.
Vote:February 28th, 2007 at 8:11 pm
Side show bob , just tell ACC that the pig sexually abused you and you’ll get a instant $10K !!
Vote:February 28th, 2007 at 8:22 pm
Thanks dad4justice but if I were to tell ACC that a pig had sexually abused me I would have had to prove I was in parliament at the time of the incident, luckily I was some 300k’s away.
Vote:February 28th, 2007 at 8:33 pm
Yeah, being self-employed sucks. You can’t even steal from the beer fridge. Well, I guess you can, but you’d only be cheating yourself.
And oh, the daily struggle with management:
http://www.wondermark.com/d/235.html
Vote:February 28th, 2007 at 8:42 pm
Considering you have dozens of people a day on your blog telling you who the real underclass is its surprising it comes as a revelation just becuase MMe MSM run with the foxes and hunt with the hounds prints it.
Now on another matter if d4j has a pig with a thick skin could I borrow one? Oh no wait, I only have to SAY I was sexually abused…
But what if I was kidnapped and mentally abused…ZILCH!
Vote:February 28th, 2007 at 9:56 pm
Labour hate the small businesses as they are hard to unionise. All the ERA ideology is largely irrelevant in small workplaces where employees are often family members and union representation is unnecessary.
Vote:February 28th, 2007 at 11:28 pm
Attention PETER BURNS aka DAD4JUSTICE:
just tell ACC that the pig sexually abused you and you’ll get a instant $10K !!
Who would ever have thought we’d need a bestiality filter on Kiwiblog. And you call yourself a child advocate???
Vote:March 1st, 2007 at 12:56 am
Yeah Thanks for the advice Simo and Bob,
Acc are toads and scabs, and ruined many a family.
If you want a real hoot on ACC go to this site
Vote:http://www.accforum.org/forums/
March 1st, 2007 at 8:45 am
Mrs Disgusted I am a child advocate – the proof is in the pudding you acid tongued viper , you only have to ask the dozens of happy kids I have wrestled back from the callous authorities like cyfs and de family court.Give me a email ( without another virus) and I will put you onto the relieved children .
As for my comment about the sexually abused pig, well I thought it better to use a harmless pseudonym rather than name my ex who got the $10K, so she could go on a nice holiday and work on her sun tan. As the falsely accused perpetrator – off course this was a futile attempt at trying to clear my name that resulted in me trying to litigate in a corrupt judicial system , which is much like walking up the ramp in the sticking pen at the local slaughterhouse.
Mrs Disgusted, I have no doubts you are a horrible twisted bias feminist, without a sense of humour, who fears all real men , as you try to undermine anybody who is threat to your delirious matriarch utopian regime.
Vote:March 1st, 2007 at 8:55 am
Ms Disgusted,
All you need to do is say you were sexually abuse and you get a handout. The Peter Ellis case families all wolked away with large sums. But if you are menatally abusesd by criminal scum you go away with nothing. This is verifiable FACT. Pity you cant get ACC when the government screws you.
As KC says labour hates freedom (of enterprise). Thats why they love big business/big government – you can control everything by controlling a few managers. Controlling all those enterprising folks is too much like hard work.
There’s no inefficiency in labour’s control policies – pity about the inefficiency everywhere else.
Vote:March 1st, 2007 at 9:33 am
Response to Dad4Justice:
Oh spare me the anti-feminist claptrap and go save the whales. This has nothing to do with ACC’s lump sum payouts. Don’t you see the hypocrisy in being a child advocate and, judging by your rantings here, coming across as a nutjob??? Good advocacy is about delivery. If you toned down your rhetoric and made sensible points, I might actually take you seriously, but all you ever come up with is bile. Good advocacy, indeed.
Vote:March 1st, 2007 at 10:04 am
Ms Disgusting spews out ; ” Oh spare me the anti-feminist claptrap and go save the whales. This has nothing to do with ACC’s lump sum payouts.”
So if self employed man went to ACC claiming he was sexually violated by a group of women, he would receive the instant payout and would not have to disclose to the authorities the culpable parties?
Vote:March 1st, 2007 at 10:12 am
Come on level 9 -bit slow today with your answers ?
Watch out for those flying pigs eh !!! -lol
Vote:March 1st, 2007 at 10:37 am
Dad4Justice: let me speak s-l-o-w-l-y for you. I’m not talking about ACC. I’m talking about your advocacy style. Instead of being bitter and twisted about your life, which makes you come across as a raving nutjob, how about advocating your cause more effectively??? So, deep breath now, and tell us how you propose to make the world a better place???
Vote:March 1st, 2007 at 10:59 am
To see if level 9 is awake you have to spray the roaches in the cupboard on the ground floor.
Vote:March 1st, 2007 at 11:03 am
One minute you are saying this has nothing to do with the ACC – underclass and self employed thread, the next thing you are asking how I intend on making society a better place, twisted logic and your typical wishy-washy level 9 stuff. You creeps are so easy to expose- to much socialist champagne – cut it back tonight darling .
I meet with Rajan Prasad and Sir Roy last week, and they don’t think I was a nut job, quite the contrary infact,a man of integrity I think they said – look that word up that word in your dictionary( if you own one ) , however I am far too busy to argue with such a pestilent person, who hides behind the clock of anonymity.I like to talk to people who have backbones !!!
Vote:March 1st, 2007 at 11:07 am
Hey Dad4Justice – hanging tough? McGillicuddy Serious went out of business a few years back. Why don’t you set up a Puff Daddy political party to replace them? We need more humour in our boring political lives.
Vote:March 1st, 2007 at 11:14 am
Puff Daddy – cut back on the joints mate, as your clouded judgement could trigger more psychosis .
Vote:March 2nd, 2007 at 4:20 pm
Fran O’Sullivan’s article was very well written. I have spent the past 30 years as a chartered accountant specialising in the affairs of the self employed. I have seen the underclass that O’Sullivan writes about emerge. It is a pity that many of the self employed do not get competent accountancy advice.
Vote:There has been a tendency for the self employed to suppress their incomes for tax purposes that has become apparent over the past few years. I believe that the lack of forthright honesty by our leaders contributes to that state of affairs. Notice how our leaders always respond to questions. BUT, and this is a big BUT, they never ever answer the question put to them. We can expect our self employed, under the self assessment income tax scheme, to be as honest as our leaders. And that state of affairs is not good for our country’s revenue.
It is interesting to note that John Delamere got off scot free, but when a self employed person ordered his affairs in a way to maximise his wife’s Working For Families money, the Taxation Review Authority stamped down upon him from a great height.
June 12th, 2007 at 2:12 pm
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Vote: