COVID-19 — Coronavirus

[mexico1970]

Even if we get it under control if we still allow people to move as freely as they did then one quick outbreak and we're here again.

 

[BosnianBlue]

tragic news as always. But looking like they won’t reach 800+ in a day now.

it's 6100 cases, not 4500 though. Bit more than last 2-3 days. But still not the record for 5th or 6th straight day. That's good, they are stabilizing. and not rising anymore.

 

[kaz7]

Italy up 662

 

[Chippy_boy]

So the Govt are giving you 80p in the £1 but then taxing you on that? So they’re not really giving you 80%?

Yes, people will get 80% of their usual net pay. Actually slightly more, due to their personal allowance.

If we paid them 80% of their pay gross, then they'd be earning more than before, which would be somewhat paradoxical.

 

[domalino]

Even if we get it under control if we still allow people to move as freely as they did then one quick outbreak and we're here again.

No, that's not true.

We will have tests that take only 15 minutes to isolate people who get ill, we will have drugs that are tested to help treat them more effectively and stockpiled to treat people better, we will have ventilators piling up, we will have medical professionals who are ready for it and have learned how to treat patients.

And most importantly we'll have a public who are ready to stay at home if they get ill, and will wear masks and avoid unnecessary social contact.

COVID-19 will never be this bad again. With a good track and trace program thanks to immediate testing, we should be able to smother out any new outbreaks as they pop up.

 

[Chippy_boy]

It really is (thank God) starting to look like Italy may be past the peak. Fingers crossed.



It may depend on whether the 800 on March 21st was an outlier or not.

 

[mexico1970]

No, that's not true.

We will have tests that take only 15 minutes to isolate people who get ill, we will have drugs that are tested to help treat them more effectively and stockpiled to treat people better, we will have ventilators piling up, we will have medical professionals who are ready for it and have learned how to treat patients.

And most importantly we'll have a public who are ready to stay at home if they get ill, and will wear masks and avoid unnecessary social contact.

You've got way more faith than I have, people have short memories and globalism and the travel that comes with it will continue unabated after this crisis is over.

 

[SWP's back]

Yes, people will get 80% of their usual net pay. Actually slightly more, due to their personal allowance.

If we paid them 80% of their pay gross, then they'd be earning more than before, which would be somewhat paradoxical.

No they wouldn’t.

(people earning up to £2.5k per month pay less than 20% tax on the income as the basic is 20% and they have their personal allowance)

 

[jimharri]

Not sure if it's already been posted (nearly 2k pages now, so it's a possibility it has been. But anyway, take heed fellas (and lasses).....

 

[Ban-jani]

Dont need to really see how many people are dying in countries
Its depressing enough

We need to discuss what’s working mate, I know it’s horrible but the fact it’s levelling off of a good sign.

 

[Gareth Barry Conlon]

Isn't that all irrelevant though because it's only test numbers.

Yes but we will never have 100% accurate numbers.

The vertical line needs to be per 500,000 population to get comparative totals. It looks like the UK is doing very well to be honest.

Yes agree with that - there are some huge variations in population.

Absolutely agreed. China demonstrated an immediate drop in cases and deaths *immediately* after lock down, but that was not reflected in the recorded stats until 2 weeks later. Hopefully we will see some slowing over the coming days, as a result of the measures many firms and individuals were taking a while ago, in the absence of sensible guidance from the government. The country went into partial lock down because - for example - the Premier League deemed carrying on unsafe, even if the government didn't. Many people (myself being one) started working from home weeks ago. All of this will have helped.

But the impact of the government's announcements on Monday will not be seen for a couple of weeks.

Yes another unknown. My firm started taking measures about 4 weeks ago. People acting way before the government who waited to the last day they could get away with it and still allow enough grey area to let many just crack on. The data on this will always be full of assumptions and issues.

 

[BosnianBlue]

It really is (thank God) starting to look like Italy may be past the peak. Fingers crossed.



It may depend on whether the 800 on March 21st was an outlier or not.

I kinda shamefully looked at it as financial chart and it would be great if 23rd March level would be broken. That would definitely mean it's peaked.

 

[Chippy_boy]

No they wouldn’t.

I think you may be mistaken mate. For example, take someone on £25,000 a year gross. Pay them 80% of gross and they get £20,000 a year. £1,667 per month.

There normal pay previously was:



£1,503 per month.

 

[bluethrunthru]

Think I have found how all this started

 

[MillionMilesAway]

It really is (thank God) starting to look like Italy may be past the peak. Fingers crossed.



It may depend on whether the 800 on March 21st was an outlier or not.

It does look promising - knock 10% off and there's what might be a plateau.
I can't imagine what it must be like in Italy.

 

[Claytop]

Game Changer must be the in word of this Pandemic.

 

[SWP's back]

I think you may be mistaken mate. For example, take someone on £25,000 a year gross. Pay them 80% of gross and they get £20,000 a year. £1,667 per month.

There normal pay previously was:



£1,503 per month.

Whatever site you’ve just used, it’s wrong.

You don’t pay £5,000 in basic tax plus national insurance on a £25k annual wage.

That means that person has no personal allowance.

Earn £25,000 gross in 2019/2020 and you'll take home £20,538. This means £1,711 in your pocket a month.

Over the year you'll pay £2,498 income tax and £1,964 in National Insurance.

ie your total tax would be circa 20% (if we call NI a tax, which it isn’t, in terms of basic income taxation, it’s contribution towards your state pension qualification and the NHS)

That’s why I’m asking if this 80% thing is then taxed. Because if it’s not, it’s basically the same net pay people would have received before.

 

[marco]

500,000 infected worlwide

 

[Proy]

Snappy slogan but do you understand how commerce works?

What if they can’t otherwise survive because revenue is decimated and/or cash flow bolloxed? Would you prefer them to fold? Then what happens to your precious jobs?

Some people lump every company together as evil, exploitative organisations when in actual fact they range across the spectrum.

Completely.

The business in question that I’m talking about have different arms to their chasflow so they can stand situations like this.

I’m not grouping companies, I’m looking at their revenue vs could they pay that 20%? Is a choice of we don’t want to, vs protecting what they have?

 

[Chippy_boy]

Whatever site you’ve just used, it’s wrong.

You don’t pay £5,000 in basic tax plus national insurance on a £25k annual wage.

That means that person has no personal allowance.

Agreed. My bad. I don't know why but for some reason the calculator didn't include the personal allowance when I ran it. I ran it again and it did. Your take home would be £20,538, so close to £20,000 but not more.

That said, if you were on £30,000 a year then you'd get £24,000 with 80% of gross, or £23,938 if on full pay, taxed. So in that case, I would be right (just!) ;-)