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🚨“British workers will be earning LESS than Indian workers because British workers are forced to pay tax. This is two tier!” National insurance break for Indian workers makes it CHEAPER to hire foreigners than Brits. Kevin O'Sullivan | Alex Phillips

93,971 просмотров • 1 год назад •via X (Twitter)

Комментарии: 11

Фото профиля Clainy
Clainy1 год назад

@TVKev @ThatAlexWoman Labour gets a 4 billion trade deal signed in under a year of being in office. The CON-PARTY had 14-years to get one. Guess who the right wing media & the uneducated on international trade blames ?? And we wonder why this country is Fucked. GOD HELP US.

Фото профиля Martin Cymbal💚
Martin Cymbal💚1 год назад

@TVKev @ThatAlexWoman Absolute bullshit. You're some journalists. We have similar arrangements with over 50 countries to avoid 'double tax'. Like I say, Absolute bullshit.

Фото профиля Anne
Anne1 год назад

@TVKev @ThatAlexWoman Nope wrong. Reciprocal arrangement that already exists for Japan, Korea etc - only applies to Indian workers from Indian companies being sent over here temporarily who pay NI in their own country. You are being dishonest

Фото профиля @johnmchugh1878.bsky.social
@johnmchugh1878.bsky.social1 год назад

@TVKev @ThatAlexWoman Alex Phillips lying again. Imagine going through life only ever being employed on the back of you being as thick as pigshit.

Фото профиля Eddie Mann 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🇺🇦 🇪🇺🇮🇪🇬🇪🇬🇱
Eddie Mann 🏴󠁧󠁢󠁳󠁣󠁴󠁿 🇺🇦 🇪🇺🇮🇪🇬🇪🇬🇱1 год назад

@TVKev @ThatAlexWoman Why are you lying?

Фото профиля The Liberation Project
The Liberation Project1 год назад

𝐖𝐞𝐚𝐥𝐭𝐡𝐲 𝐄𝐥𝐢𝐭𝐞 𝐅𝐞𝐚𝐫𝐬 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 Scott Galloway, multi-millionaire professor, gives dire warning about the decline of American capitalism, expanding wealth inequality and far-right CEOs. ★ NEW ARTICLE ⬇️

Фото профиля Cherie
Cherie1 год назад

@MrsIRK @TVKev @ThatAlexWoman They are now legally importing voters. That is what this is about. This is the detail that needs to be spoken about… and must be stopped. Or come 2029 labour will be in for another term and this country will be lost forever.

Фото профиля Jim Cognito
Jim Cognito1 год назад

@TVKev @ThatAlexWoman This isn't even remotely true. Why not attempt discussing the subject with a little honesty?

Фото профиля Lyndy Mountain
Lyndy Mountain1 год назад

@TVKev @ThatAlexWoman UNTRUE COMMENTS about the brilliant deal.

Фото профиля Acid with Autism
Acid with Autism1 год назад

@TVKev @ThatAlexWoman No such outrage for other countries with the same deal... Quite telling really.

Фото профиля harriet preest
harriet preest1 год назад

@TVKev @ThatAlexWoman Or you could try and understand trade agreements

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The Government's trade deal with India will mean that it's cheaper to hire an Indian worker than a British one. Most other countries are perfectly happy to strike trade deals without forcing us to undercut our own workforce. We should have expected India to do the same. Instead, under the terms of our Free Trade Agreement with India, Indian companies will be able to transfer their workers to this country more easily. Once they're here, those workers will be able to avoid National Insurance payments for up to three years. The same is true for employers. Instead, both employee and employer will pay into the Indian social security system instead. This National Insurance exemption will make it much cheaper to hire Indian workers, in fields like IT and engineering, than to hire domestic talent. Let's imagine a British IT firm, set to hire a computer programmer for £60,000 a year. To hire them, an employer needs to spend £60,000 a year on their salary, plus £8,250 on Employer National Insurance. That's a total of £68,250. An Indian competitor with an office in London, meanwhile, can save money by transferring Indian workers to the UK, even if they pay the same headline salary. They’d still spend £60,000 on the salary - but instead of paying National Insurance, they pay into the Indian Employee Provident Fund instead. Mandatory contributions to the fund are capped at 15,000 rupees a month, or about £120. That means that, across a year, an employer only pays £1,470 into the social security system - for a total of £61,470. So under this Government's deal, it would be at least 10 percent cheaper to hire an Indian worker over a British one for this job. This is absurd. Over three years, it would be more than £20,000 cheaper for an Indian firm to bring over an Indian worker to London than to hire locally. The reason for this absurd arrangement is that the India deal includes a Double Contribution Convention. DCCs make it easier for international companies to transfer their workforce. They're designed to stop highly-skilled workers from paying into two different social security systems. We already have Double Contribution Conventions with other countries. However, these other countries tend to be either: (1) roughly as developed as the UK - in the case of countries like Canada or Japan, or (2) very small - in the case of countries like Jamaica. India is by far the poorest country on the list, and by far the largest. The net result of this deal will be more Indian workers in fields like IT and engineering, undercutting British workers. Given the relative markets in the UK and in India, we shouldn't expect this to automatically be a like-for-like swap in terms of talent. We've seen this happen in the US already, with Indian consultancies leasing their workers to American companies, who are then able to pay an Indian worker far less than they'd need to pay an American. The result has been a massive expansion in the number of lower-cost Indian workers, at the expense of American workers. We should not be allowing other countries to dictate the terms of our migration system, in exchange for some trade benefits at the margins. If India wants to trade, then we should trade. Migration shouldn't even come into the equation.

Katie Lam

167,433 просмотров • 3 месяцев назад