Monday, 17 May 2010

Bled Almost Dry

There's nothing like submitting year end returns, as I have done today, for focussing one's mind.

Last year, my small business paid over £130,000 in tax and national insurance contributions to HMRC. And the reward for working hard and winning sizeable enough contracts to keep a substantial number of people in employment (on generous salaries, I might add) is ...

... a further tax bill, reflecting my partnership share, for having the temerity to actually make a living, of £22,000. And they want it, err, immediately.

Now, if in the future, as has been mooted, the NHS begin to ration healthcare for those who enjoy a pint and a Castella, the person who is ever tasked with explaining the policy to me - by hinting that I am a cost burden on the country - may well experience the most difficult day of their entire working life.