Recent content by MikeUpNorth

Whoever can convince a bank to lend them a few billion and execute a new leveraged buy out.

Still not convinced he’s worth a big fee. Would be a massive gamble.

May as well try something different!

Presumably the ruling that drivers are classed as working "from the time they log on to the app, until they log off" has big implications. As the BBC article hints at, I guess Uber will have to limit the number of drivers that can be working at any one time to keep its wage costs manageable? I...

The right decision. How much more am I going to have to pay for my rides now?

Are we talking about SSAS? I thought you could hold commercial property in a SIPP, but not 100% sure.

Wow, really? What are they invested in?! The market is up nearly 200% over the last 10 years.

There's still the big benefit of tax relief on your contributions!

NI is a mess. I don't get the arguments for why it is charged only on certain types of income, and at different rates between employees and self-employed. There must be reasons why merging it with income tax is a bad idea, but I can't think of them (I guess you could make the argument that...

Mate, you're just reading the page wrong. "There is now a single set of contribution rates across Civil Service Pensions, regardless of whether members are in classic, classic plus, premium, nuvos or alpha. The rates are set out in the tables below." You can read full details here...

Yes, it’s defined benefit, with the employer taking the investment risk rather than the individual. The employer obviously still has to pay in a massive contribution to make the sums add up, and you can see the contribution on your payslip. And that link is for all civil service schemes...

Looks correct to me: https://www.civilservicepensionscheme.org.uk/members/contribution-rates/ @esmufc07 wouldn't lie to us.

Well said.

There isn't really an immediate problem. The government can borrow at historically low rates. It can borrow for 10 years at 0.62%, and 30 years at 1.22%.