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Post by herbiedumplings on Sept 9, 2024 13:30:02 GMT
Charlie Mullins. Another of these “entrepreneurs” who wants to make money off other people’s efforts without all the hassle of giving them employment rights. www.supremecourt.uk/cases/docs/uksc-2017-0053-judgment.pdfIf this government makes the UK a “hostile environment” for that kind of person, I’m all for it.
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Post by Count de Stockport on Sept 9, 2024 13:32:59 GMT
Charlie Mullins. Another of these “entrepreneurs” who wants to make money off other people’s efforts without all the hassle of giving them employment rights. www.supremecourt.uk/cases/docs/uksc-2017-0053-judgment.pdfIf this government makes the UK a “hostile environment” for that kind of person, I’m all for it. but but if he does go, who will exploit us?!
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Post by scfc73 on Sept 9, 2024 13:46:37 GMT
I'm no lefty or Labour lover but I totally agree with 'got more, pay more' Isn't that how a fair society should work? No sympathy with this fella whatsoever, granted he's worked his way up from nothing but he's now got enough money to probably last 2 or 3 lifetimes at his age. Saying his poor family would only have a measly 6 million left in inheritance tax from his 12 million pound home sounds like he's forgotten his roots to me. Nobody likes inheritance tax but I'd rather be in his shoes than mine where my daughter is likely to get the square root of f%$k all! Taxes have got to come from somewhere, pretty much everything apart from the air we breath is taxed, doesn't matter which party is in control taxes will always be unpopular with certain sections of society & if it's the super rich who probably make up less than 5% of the population that are upset because their millions or billions are taking a bit of a dent then so be it, off you pop to your tax havens. Someone else will eventually fill that very small void.
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Post by palmersears on Sept 9, 2024 14:25:12 GMT
Last attempt before I give up: What's your main issue with a man who makes lots of money and owns a '12 million pound penthouse' paying a fairer percentage of tax on his substantial wealth?
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Post by Stranded Hatter on Sept 9, 2024 14:47:56 GMT
A £12 million pound home should attract inheritance tax. That’s not a modest family home that’s suddenly become a tax burden because of the gross hyperinflation of property (and assets in general) over the last 30 years - it’s a mansion.
Pimlico plumbers have skirted the edge of what’s allowed since he set them up. Mostly around exploiting his workers. People like him are why IR35 became the responsibility of the employer and not the worker. Something which employers didn’t want to deal with and which subsequently harmed real genuine freelancers. There were venues I ended up refusing to work because they wouldn’t let me invoice citing IR35 - even though the work I was doing met all of the requirements.
See also people, and their firms, who would go “on contract” for 2 years and be working 40 hours a week for the same company, in their office, but were somehow being classed as self employed. These people screw over the legitimate ones.
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Post by Stranded Hatter on Sept 9, 2024 14:54:23 GMT
A £12 million pound home should attract inheritance tax. That’s not a modest family home that’s suddenly become a tax burden because of the gross hyperinflation of property (and assets in general) over the last 30 years - it’s a mansion. Pimlico plumbers have skirted the edge of what’s allowed since he set them up. Mostly around exploiting his workers. People like him are why IR35 became the responsibility of the employer and not the worker. Something which employers didn’t want to deal with and which subsequently harmed real genuine freelancers. There were venues I ended up refusing to work because they wouldn’t let me invoice citing IR35 - even though the work I was doing met all of the requirements. See also people, and their firms, who would go “on contract” for 2 years and be working 40 hours a week for the same company, in their office, but were somehow being classed as self employed. These people screw over the legitimate ones. Also on this - under the current inheritance tax rules a £12million property would attract £4.8million in inheritance tax (assuming all thresholds are met elsewhere in the estate). If that was the entire estate, and assuming all the thresholds were in the ideal scenario (nil rate band on passing property to descendants and passing allowances on or receiving from spouse) then a £12 million estate would attract £4.4million. Which suggests to me that it’s the closing of loopholes that’s going to harm him. Or he’s just another person who doesn’t understand how allowances, thresholds, and progressive rate taxes work. Which is plausible. I don’t believe the current intention of the Labour Government is to raise any percentages on IHT. My understanding is they’re going after loopholes.
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Post by suedehead on Sept 9, 2024 15:00:52 GMT
Which part of this do you take issue with? Because it seems perfectly fair to me. Shall we break it down a bit, because this isn't the gotcha you think it is. Just in the first two paragraphs. Charlie Mullins, Britain’s wealthiest plumber and founder of Pimlico Plumbers, is selling his £12 million London penthouse as he prepares to leave the UK, citing concerns over potential tax hikes under Labour. Britain's wealthiest plumber lives in a £12m house. Does anyone need a £12m house? But putting that aside, why is he leaving? Tax hikes? Because, as Britain's Wealthiest Plumber ™️, he's being asked to contribute more to society. Mullins, who sold his business for £145 million in 2021...So he has a £12m house c£145m in the bank. That's a lot of money. A fraction of that, collected via taxes, would do an awful lot of good. ...plans to divest all his UK assets, redirecting his investments to Spain and Dubai.Ah, of course. Why should his money do any good when it can just be used to further his already extraordinary wealth. I see where this is going. Mullins has hired an agent to sell the luxury apartment, which boasts a bar and is located next to Sir Tom Jones’s property. A bar! Located next to Tom Jones's property! That's good, is it? Is that supposed to be impressive? F*ck me. He expressed his intent to sever financial ties with the UK, stating, “I’ll have no investments here, no bank account here. It’s all in the process now. I think my last tax bill is January and that’s me done.”Expressed his intent to sever financial ties. Intent, or action? Be interesting to see if he actually goes. Fingers crossed. The move comes amid speculation of increased taxes for the wealthy, with Chancellor Rachel Reeves hinting at tough financial measures in her upcoming Budget. Labour leader Sir Keir Starmer has indicated that the richest will bear the brunt of these changes, sparking fears of a tax crackdown among high-net-worth individuals. And you have an issue with that because...? The richest, and we're not talking about you, or me or probably anybody on this board, should pay more. We've established he's already got £145m, plus probably a load of assets. And you're using him saying he's going to spit his dummy and leave the country as an example that Labour has got this wrong? So you don't think he should be taxed more? Is that right? I'm struggling here. Why wouldn't you tax somebody worth £150m a bit more? Mullins specifically cited concerns over inheritance tax, saying, “I’m selling my property because of the inheritance tax. It’s a £12m property – if I lose £6m, I’m brown bread. Family would go mad.”And there we have it. It's purely about protecting his own wealth. Which I get. If you work and do well, you should be able to enjoy it. But we're not talking about taking £60k out of a £120k pot, money which would be life changing for most. He's already got an obscene amount of money. Not doubting he's done well and he should have the opportunity to enjoy it. But come on, recognise when you're just being a prick. He lives in a £12m house. He has the money to buy another 12 of those. And you're on here using him as a poster boy for not taxing the rich? Every time you post it just gets better and better. Tremendous work. I wasn't going to keep going but have just read a bit further on that article. Mullins, a former Business Matters columnist, known for his outspoken views against working from home, also voiced concerns over Labour’s proposed reforms to workers’ rights, which could include full employment rights from day one and default flexible working arrangements. He warned these changes could deter businesses from hiring, stating, “You can’t have an employee running the business. If I have to go down the working from home route then we’ll close the business down.”So he used to get paid to write on that website! And imagine my surprise when I saw he was against workers rights. Imagine being against workers having rights? What's wrong with you? Reflecting his no-nonsense approach to employment, Mullins said WeFix will not consider candidates who advocate for unions, remote working, or a four-day work week. Instead, staff will be incentivised with a share of the profits after one year of service.WeFix, the new firm that he's setting up in London, the city he's happy to make millions in but not the city he'll live because he has to pay tax in? What a miserable car crash of a person. I'll let you decide who I'm talking about.
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tvor
Frequenter
Posts: 185
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Post by tvor on Sept 9, 2024 15:12:16 GMT
Charlie Mullins. Another of these “entrepreneurs” who wants to make money off other people’s efforts without all the hassle of giving them employment rights. www.supremecourt.uk/cases/docs/uksc-2017-0053-judgment.pdfIf this government makes the UK a “hostile environment” for that kind of person, I’m all for it. I'm not saying whether I like him or not or the way how he conducts his business affairs. At the end of the day if customers asked him to do work they must have been happy. Similarly, the people who decided that they wanted to work for him did so of their own volition. I don't think their are any laws in the UK that force people to work for others. However the main point for the original post was that he will be one of many taking their money out of the country at a huge cost to the Government. Maybe a smarter move would have been to see if there was any common ground for these mega rich people to stay in the UK and put millions each year into our system rather than ridiculing them and sending them on their way.
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Post by herbiedumplings on Sept 9, 2024 15:13:30 GMT
A £12 million pound home should attract inheritance tax. That’s not a modest family home that’s suddenly become a tax burden because of the gross hyperinflation of property (and assets in general) over the last 30 years - it’s a mansion. Pimlico plumbers have skirted the edge of what’s allowed since he set them up. Mostly around exploiting his workers. People like him are why IR35 became the responsibility of the employer and not the worker. Something which employers didn’t want to deal with and which subsequently harmed real genuine freelancers. There were venues I ended up refusing to work because they wouldn’t let me invoice citing IR35 - even though the work I was doing met all of the requirements. See also people, and their firms, who would go “on contract” for 2 years and be working 40 hours a week for the same company, in their office, but were somehow being classed as self employed. These people screw over the legitimate ones. As one (of a pitifully small number) of freelancers who went down to the Treasury in 2015 before the 2016 reforms came in to try and get HMRC to address the causes not the symptoms, I feel you…
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Post by herbiedumplings on Sept 9, 2024 15:20:16 GMT
Charlie Mullins. Another of these “entrepreneurs” who wants to make money off other people’s efforts without all the hassle of giving them employment rights. www.supremecourt.uk/cases/docs/uksc-2017-0053-judgment.pdfIf this government makes the UK a “hostile environment” for that kind of person, I’m all for it. I'm not saying whether I like him or not or the way how he conducts his business affairs. At the end of the day if customers asked him to do work they must have been happy. Similarly, the people who decided that they wanted to work for him did so of their own volition. I don't think their are any laws in the UK that force people to work for others. However the main point for the original post was that he will be one of many taking their money out of the country at a huge cost to the Government. Maybe a smarter move would have been to see if there was any common ground for these mega rich people to stay in the UK and put millions each year into our system rather than ridiculing them and sending them on their way. View AttachmentIt’s as if Charles Dickens never lived.
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Post by nelly on Sept 9, 2024 15:24:24 GMT
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Mozzer
Contributor
Posts: 1,298
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Post by Mozzer on Sept 9, 2024 15:30:57 GMT
Charlie Mullins. Another of these “entrepreneurs” who wants to make money off other people’s efforts without all the hassle of giving them employment rights. www.supremecourt.uk/cases/docs/uksc-2017-0053-judgment.pdfIf this government makes the UK a “hostile environment” for that kind of person, I’m all for it. I'm not saying whether I like him or not or the way how he conducts his business affairs. At the end of the day if customers asked him to do work they must have been happy. Similarly, the people who decided that they wanted to work for him did so of their own volition. I don't think their are any laws in the UK that force people to work for others. However the main point for the original post was that he will be one of many taking their money out of the country at a huge cost to the Government. Maybe a smarter move would have been to see if there was any common ground for these mega rich people to stay in the UK and put millions each year into our system rather than ridiculing them and sending them on their way. View AttachmentAnother false assumption that it's the politics of envy. It's the politics of justice. We're just not all in awe of rich people, thinking they deserve special treatment from government because they have more money than most of us. Don't judge the rest of us by the standards of the servile. But still, I await your figures on how much this person leaving the country will cost us all. Sadly, we're unlikely to be spared his self-serving whining if he actually goes, as I know they have the internet in Spain.
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Post by hedleyverity on Sept 9, 2024 15:54:27 GMT
Charlie Mullins. Another of these “entrepreneurs” who wants to make money off other people’s efforts without all the hassle of giving them employment rights. www.supremecourt.uk/cases/docs/uksc-2017-0053-judgment.pdfIf this government makes the UK a “hostile environment” for that kind of person, I’m all for it. I'm not saying whether I like him or not or the way how he conducts his business affairs. At the end of the day if customers asked him to do work they must have been happy. Similarly, the people who decided that they wanted to work for him did so of their own volition. I don't think their are any laws in the UK that force people to work for others. However the main point for the original post was that he will be one of many taking their money out of the country at a huge cost to the Government. Maybe a smarter move would have been to see if there was any common ground for these mega rich people to stay in the UK and put millions each year into our system rather than ridiculing them and sending them on their way. View AttachmentThere’s no negotiation with me over how much tax I might like to pay, there shouldn’t be with him either.
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Post by nelly on Sept 9, 2024 16:13:52 GMT
I'm not saying whether I like him or not or the way how he conducts his business affairs. At the end of the day if customers asked him to do work they must have been happy. Similarly, the people who decided that they wanted to work for him did so of their own volition. I don't think their are any laws in the UK that force people to work for others. However the main point for the original post was that he will be one of many taking their money out of the country at a huge cost to the Government. Maybe a smarter move would have been to see if there was any common ground for these mega rich people to stay in the UK and put millions each year into our system rather than ridiculing them and sending them on their way. View AttachmentThere’s no negotiation with me over how much tax I might like to pay, there shouldn’t be with him either. Good riddance to him I say. Greedy exploiting tw*t.
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Fez
Contributor
Posts: 567
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Post by Fez on Sept 9, 2024 16:16:22 GMT
Charlie Mullins. Another of these “entrepreneurs” who wants to make money off other people’s efforts without all the hassle of giving them employment rights. www.supremecourt.uk/cases/docs/uksc-2017-0053-judgment.pdfIf this government makes the UK a “hostile environment” for that kind of person, I’m all for it. I'm not saying whether I like him or not or the way how he conducts his business affairs. At the end of the day if customers asked him to do work they must have been happy. Similarly, the people who decided that they wanted to work for him did so of their own volition. I don't think their are any laws in the UK that force people to work for others. However the main point for the original post was that he will be one of many taking their money out of the country at a huge cost to the Government. Maybe a smarter move would have been to see if there was any common ground for these mega rich people to stay in the UK and put millions each year into our system rather than ridiculing them and sending them on their way. View Attachment"...see if there was any common ground for these mega rich people to stay in the UK and put millions each year into our system." There already is such a system. Taxes. Which the ultra-wealthy try to avoid paying as much as possible. Why would they voluntarily start "donating" their money to "the system" by some other means?
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