Making the news today....

[eggsarascal]

1 minute ago, trigger_andy said:

but but but but what if-isim 

Classic, coming from Mr Whataboutery.

[trigger_andy]

1 minute ago, eggsarascal said:

Classic, coming from Mr Whataboutery.

Ive learned from the best.  

[donnk]

On 26/09/2021 at 12:19, Mike Hill said:

Another way to show the gap between rich and poor is wider than you think.

 

Coffee Barron buys a £300K Bentley as a company car.

 

Gets pretty much £100K in Vat straight back

 

Claims 15% per annum depreciation for four years and the rest in the fifth.

 

Free Car

 

But wait, there is more!

 

Sells five year old Bentley for £200k,( no vat on used cars) pays that out as a divident to himself taxed at 28% 

 

£142K right in the back burner. Whilst his cleaners are taxed at 36% and cant claim their bus pass as an expense.

 

 

 

not quite

 

cannot claim all the VAT back if any private element, i.e. getting picked up to goto work

 

Will pay £60k pa in BIK tax.

 

Cannot claim 15% pa as its a planet killer, HMRC will only allow 6%

 

If VAT is claimed on purchase it must be charged on sale.

 

 

The rich really aren't that stupid as they pay people to do it properly.

[openspaceman]

1 hour ago, donnk said:

 

not quite

 

cannot claim all the VAT back if any private element, i.e. getting picked up to goto work

 

Will pay £60k pa in BIK tax.

 

Cannot claim 15% pa as its a planet killer, HMRC will only allow 6%

 

If VAT is claimed on purchase it must be charged on sale.

 

 

The rich really aren't that stupid as they pay people to do it properly.

There are ways around that for a big company. At my work there was a pool of cars in which a top of the range Volvo featured, only the boss ever had access to the keys. Remember VAT is not the only element of tax. A pool car is an expense to a company and deductible from the turnover.

 

There are many other benefits a company owner can enjoy at the company's expense, remember Tiny Rowlands, he drew no income in UK yet lived in a large house here, not owned by himself.

Edited September 28, 2021 by openspaceman
typo

[kevinjohnsonmbe]

10 hours ago, Mark J said:

Labour conference: Angela Rayner stands by calling Boris Johnson 'scum'

WWW.BBC.CO.UK

---

Labour's deputy leader says she will say sorry when the PM apologises for past "racist" comments.

 

And that is (just 1 reason) why Labour are unelectable. 
 

That sort of language / belief ‘might’ be understandable in the student Union bar or the working man’s club, but it is not for a supposedly grown up politician and it simply shows that Corbynism is alive and well in Labour. 

[Toad]

2 hours ago, kevinjohnsonmbe said:

And that is (just 1 reason) why Labour are unelectable. 
 

That sort of language / belief ‘might’ be understandable in the student Union bar or the working man’s club, but it is not for a supposedly grown up politician and it simply shows that Corbynism is alive and well in Labour. 

Except that many of us realise that people who use racist, homophobic and sexist language and who set policies that discriminate against the poorest and most vulnerable while giving their mates piles of cash and taking no responsibility for their failures are in fact scum. 

 

Bojo's comments about single mothers for example are derogatory towards most of the mothers of his children. (Not sure if it's potentially 5,6 or 34 women). Imagine how you'd feel about the most powerful man in the country deciding your own mother, when he is your dad. Scum is a very polite term for people of his character.

[donnk]

2 hours ago, openspaceman said:

There are ways around that for a big company. At my work there was a pool of cars in which a top of the range Volvo featured, only the boss ever had access to the keys. Remember VAT is not the only element of tax. A pool car is an expense to a company and deductible from the turnover.

 

There are many other benefits a company owner can enjoy at the company's expense, remember Tiny Rowlands, he drew no income in UK yet lived in a large house here, not owned by himself.

try fiddling the pool car at your peril!

 

All sounds great until the HMRC audit and they bend you over.

[Stere]

 

 

[kevinjohnsonmbe]

Only just seen this and it's undoubtedly in the wrong thread but what the hell, this one's for you @Big J  👍🏻😆👍🏻

 

 

[kevinjohnsonmbe]

5 minutes ago, Toad said:

Except that many of us realise that people who use racist, homophobic and sexist language and who set policies that discriminate against the poorest and most vulnerable while giving their mates piles of cash and taking no responsibility for their failures are in fact scum. 

 

Bojo's comments about single mothers for example are derogatory towards most of the mothers of his children. (Not sure if it's potentially 5,6 or 34 women). Imagine how you'd feel about the most powerful man in the country deciding your own mother, when he is your dad. Scum is a very polite term for people of his character.

Are you saying Labour are electable?  Not in your personal opinion, but as a viable political party ready for government?

 

If yes, thank goodness you are in a national minority.