Category Archives: Self-employment

Plaudits for Naga Munchetty after she demolishes Zahawi over help for the self-employed

A few facts about Nadhim Zahawi, the current UK business minister: these are from 2016 so it’s a few years since he voted to cut disability benefits but that cut is still in force. I wonder how warm his stables are today?

Naga Munchetty is carving herself a niche as the hard woman of BBC Breakfast.

This morning she made mincemeat out of Tory business minister and twit Nadhim Zahawi over the government’s lack of interest in supporting people who are self-employed:

The performance raised a huge amount of support for Ms Munchetty on the social media:

At this rate, the Tories won’t be able to use the BBC as a mouthpiece for their daft policies any more. Then where will they go?

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Sunak announces furlough scheme replacement. Is it any good?

After he served up this little howler – and pushed up Covid-19 infections massively, Rishi Sunak needs to make a good impression with his plan to replace the furlough scheme for jobs affected by Covid-19. Has he managed it?

Tory Chancellor Rishi Sunak has announced a new “job support scheme” to replace the “furlough” programme he has been running since lockdown began in March.

This new scheme will run for another six months until the end of April 2021.

What is it?

A six-month scheme starting on November 1.

To be eligible, employees must work a minimum of 33 per cent of their normal hours.

For the remaining hours not worked, the government and employer pay one-third of the wages each.

So employees working 33 per cent of their hours will receive at least 77 per cent of their pay.

Where will employers get the extra money?

According to BBC News:

Sunak announced a “pay as you grow” scheme for businesses which took government guaranteed loans during the crisis.

“Loans can now be extended from six to ten years nearly halving the average monthly repayment,” he said.

They can also move to interest only payments or suspend payments if they are “in real trouble” for up to six months.

He said no credit rating will be affected.

Coronavirus Business Interruption Loans will also be extended for up to 10 years.

There will also be a new loan scheme in January, the chancellor says.

He is also extending the scheme for self-employment on “similar terms” to the existing job support scheme.

The scheme is mainly for small and medium-sized firms. Only large firms that can prove they have been harmed by Covid will be eligible for the Job Support Scheme.

What about VAT?

Sunak is also cancelling the planned increase of VAT from five per cent to 20 per cent, which was due to come into effect in January.

Instead, the lower rate of five per cent will remain until 31 March next year.

Viable jobs?

Sunak said the new scheme is intended to support “viable” jobs only – and that should ring alarm bells:

Of course – Tories being Tories – certain extremely rich people are enjoying the continuation of their own subsidies at the same level:

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

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Chancellor’s ‘jam tomorrow’ package for the self-employed is worse than useless now

Rishi Sunak: still discriminating against the self-employed? Why not just bring in Universal Basic Income? Then we can all relax.

How kind of Rishi Sunak to announce aid for self-employed workers who are likely to lose money because of the coronavirus crisis – except he didn’t did he?

He made a vague promise that we (This Writer is self-employed) might be able to get a grant of up to 80 per cent of our profits, which is taxable, up to a maximum of £2,500 per month – but not until at least the beginning of June, more than two months from now.

Oh, but we can claim Universal Credit in the meantime – except we can’t, because thousands upon thousands of people are queuing online and on the phone and the Department for Work and Pensions simply can’t cope with the deluge. We will lose valuable time just trying to announce that we want to claim, and even more in the processing of that claim.

Employees of companies who signed up to the government’s scheme for them can get their money straight away. Why not the self-employed?

Is this some back-handed attack on people who actually contribute to the economy on their own initiative?

Here’s a visual representation of the way Sunak and the Tories expect us to live:

It has already attracted flack.

Shadow Chancellor John McDonnell said the delay was unacceptable: “If people cannot get access to the scheme until June it will simply be too late for millions. People need support in the coming days and fortnight. Asking people to rely on Universal Credit when more than 130,000 people are queuing online will be worrying to many people, so there is a real risk that without support until June the self-employed will feel they have to keep working, putting their own and others’ health at risk.”

Stephen Timms, chair of the Commons Work and Pensions Committee, pointed out that a wait until June simply isn’t practical: “Few will have enough in the bank to tide them over until then, so they’ll have to rely on Universal Credit in the meantime. The Committee heard yesterday that that system is already buckling under the pressure of half a million new claims. The Government must now do all it can to shore it up, so people get the money they need, and quickly. And the Advance, payable up-front to those who need it, should be made non-repayable.”

Sunak said devising a scheme had been “difficult” and it would be “operationally complicated” – but this has attracted no sympathy from anybody who knows anything at all about it.

It’s the biggest advert for implementing a Universal Basic Income scheme – in which everybody will receive enough money to support them, regardless of their circumstances – that the public could be shown.

Sunak and the other Tories have squirmed and dissembled and eventually brought forward scheme after scheme that is incredibly complicated – which means they are likely to go wrong, to the detriment of the people they are supposed to be helping.

UBI is simplicity itself – and has a lot of support:

UBI – it’s simple, it’s popular, and it’s immediate. But Sunak wants to bring in something complicated, slow (if it actually happens at all) and discriminatory. Why not get in touch with him and tell him which you would prefer?

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

https://www.crowdjustice.com/case/mike-sivier-libel-fight/


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