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"As a company 8 years, started just before COVID started, wasn't the best timing, as a sideline to primary job 30 years." Congratulations on the 8 years! That in itself is an achievement many don't manage.  | |||
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"After a Military career I'm now a sole trader and MD of my own company. I've always had at least one job from age 14 and never claimed a benefit all my life. But now it's like wading through treacle, everywhere I turn there's just more bureauocracy, tax and bullshit. It's getting impossible to earn a living unless you are on benefits. I seem to be constantly angry and literally every day I hear of more drains on my time and money which makes me feel worse. I'm sure I can't be the only one. I don't see it getting better in the future. Please, someone, tell me I've got it wrong." I'd love to tell you that you're wrong, and point out what you need to do to make things better. But sadly, you're right. | |||
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"I started a thread a few ago titled "why work?" I dont think these issues are just for self employed everyone who works and is honest is getting shafted!" Self employed here, but yes I’d agree. | |||
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"depends what sector you operate in in fairness. business is booming for me currently. i can't remember a more lucrative time other than when i spent a few years in Berlin post-reunification." Business is doing well for me too, and thanks to Trump it's getting even better. But the amount of paperwork and fees and tax increases means that I'm spending more time on admin, and seeing less money at the end of it all. | |||
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"depends what sector you operate in in fairness. business is booming for me currently. i can't remember a more lucrative time other than when i spent a few years in Berlin post-reunification. Business is doing well for me too, and thanks to Trump it's getting even better. But the amount of paperwork and fees and tax increases means that I'm spending more time on admin, and seeing less money at the end of it all." boohoo | |||
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"After a Military career I'm now a sole trader and MD of my own company. I've always had at least one job from age 14 and never claimed a benefit all my life. But now it's like wading through treacle, everywhere I turn there's just more bureauocracy, tax and bullshit. It's getting impossible to earn a living unless you are on benefits. I seem to be constantly angry and literally every day I hear of more drains on my time and money which makes me feel worse. I'm sure I can't be the only one. I don't see it getting better in the future. Please, someone, tell me I've got it wrong." No you right and if turning over £50k or more you now need to digital tax | |||
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"Business is doing well for me too, and thanks to Trump it's getting even better. But the amount of paperwork and fees and tax increases means that I'm spending more time on admin, and seeing less money at the end of it all." "boohoo " How caring of you. | |||
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"OP have you looked in to limited company instead of sole trader. " As stated I'm doing both. | |||
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"After a Military career I'm now a sole trader and MD of my own company. I've always had at least one job from age 14 and never claimed a benefit all my life. But now it's like wading through treacle, everywhere I turn there's just more bureauocracy, tax and bullshit. It's getting impossible to earn a living unless you are on benefits. I seem to be constantly angry and literally every day I hear of more drains on my time and money which makes me feel worse. I'm sure I can't be the only one. I don't see it getting better in the future. Please, someone, tell me I've got it wrong. No you right and if turning over £50k or more you now need to digital tax " I don't have a problem with that, do it with the LTD company anyway, that's just progression and modification of the system. It's the pointless legislation etc to meet a political ideal, or more to the point a "sound bite" without any thought or consideration for short or long term effect. | |||
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"depends what sector you operate in in fairness. business is booming for me currently. i can't remember a more lucrative time other than when i spent a few years in Berlin post-reunification. Business is doing well for me too, and thanks to Trump it's getting even better. But the amount of paperwork and fees and tax increases means that I'm spending more time on admin, and seeing less money at the end of it all." This is my whole point, it's as if you are being punished for trying to make a success of yourself. | |||
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"After a Military career I'm now a sole trader and MD of my own company. I've always had at least one job from age 14 and never claimed a benefit all my life. But now it's like wading through treacle, everywhere I turn there's just more bureauocracy, tax and bullshit. It's getting impossible to earn a living unless you are on benefits. I seem to be constantly angry and literally every day I hear of more drains on my time and money which makes me feel worse. I'm sure I can't be the only one. I don't see it getting better in the future. Please, someone, tell me I've got it wrong." no mate you haven’t gii on t I t wrong I’ve been self employed since 1986 and I’m 65 now approaching retirement but can’t as I’ll end up on the street although I don’t follow politics I do feel we are all heading for something bad and big to happen soon like why did fuel jump over night the fuel which is being sold the next day is already paid for so why the hike it’s all about greed and power | |||
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"After a Military career I'm now a sole trader and MD of my own company. I've always had at least one job from age 14 and never claimed a benefit all my life. But now it's like wading through treacle, everywhere I turn there's just more bureauocracy, tax and bullshit. It's getting impossible to earn a living unless you are on benefits. I seem to be constantly angry and literally every day I hear of more drains on my time and money which makes me feel worse. I'm sure I can't be the only one. I don't see it getting better in the future. Please, someone, tell me I've got it wrong." Better off leaving this shithole nation in a better EU place if you are able to . Better tax breaks / society in many places etc there is a reason why so many millionaires / business owners are jumping off this wreck. 6 of my wealthy family / friends already moved / process moving stuff out of here. With labour wrecking it up and the odds of them imbeciles reform making a bigger mess in a few years if they win it’s gonna be grim times for sure for at least a decade  | |||
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"Just to clarify a point. A few people said "don't read social media,etc". I rarely do and I pretty much take everything on there with a pinch of salt. I'm not talking about opinions and blogs. I'm talking about changes to laws, tax, legislation etc from official sources (Gov.uk, HMRC etc) and thinking about the future from this data and my own observations. " Life is tough at times and feels unfair. I was angry at the world for the last few weeks then I caught a clip of stand up 2 cancer bake off. Money troubles and unfairness is absolutely nothing compared to what I saw on there. I have absolutely nothing to cry about, just get on with my life the best I can and wish I never have to experience what those families have to go through. | |||
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"After a Military career I'm now a sole trader and MD of my own company. I've always had at least one job from age 14 and never claimed a benefit all my life. But now it's like wading through treacle, everywhere I turn there's just more bureauocracy, tax and bullshit. It's getting impossible to earn a living unless you are on benefits. I seem to be constantly angry and literally every day I hear of more drains on my time and money which makes me feel worse. I'm sure I can't be the only one. I don't see it getting better in the future. Please, someone, tell me I've got it wrong." Just before covid the government were saying it's the best time to start a business, I said no it's not. When you hear any government say that don't believe them. The fact is there isn't or ever will be a good time. It's a gamble you're more likely to profit on the 3.20 at Kempton. I bet it's harder to get business insurance ie loss due to finacial difficulties cover more than ever. Or the premiums are stupendous. I wouldn't advise anyone to start a business not even an Internet type social media one. 3 yrs tops then it's downhill. | |||
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