VAT

67 days ago

Caption contest: kickstarting GDP Growth by scrapping VAT at Legoland for August Edition

Rachel from Customer Services has announced a package of measures to kickstart economic growth.  Cutting the cost of employing workers? Nope.  Scrapping VAT on Legoland in August. Of course. Ms Reeves is pictured below doing her sums. Please supply a suitable caption on the comments section.

87 days ago

Tom Winnifrith Bonus Bearcast: Minoan final wipeout confirmed as the Egleton VAT switcheroo and valuation scam exposed

I fear it is now official, Minoan (MIN) shareholders will get nowt. I explian why. T then expose a VAT swizz employed by Christopher Egelton and how it has come back to bite shareholders on the bum but also look at why the whole asset valuation at Cave Sidero  was a con.

139 days ago

BREAKING: Winnileaks Special: Nick Leeson’s invoice for his work on a criminal conspiracy and harassment for a fraudster – I wonder if the Irish taxman is interested?

There are some out there who appear to doubt the veracity of the WhatsApp group “TWProject” which detailed how thugs Nick Leeson of Barings infamy and Harvey Weinstein’spaid goon Seth Freedman were each paid fifteen grand to harass, intimidate and, c/o Bloomberg reporters Will Shaw and Meg Short, to smear me on behalf of the Amazing AI fraud which I was exposing. Thanks to Winnileaks I can put your minds to rest as you can see below.

321 days ago

Heroic Tim Martin of JD Wetherspoon explains how to save the Nation’s pubs

Both the Tories and Labour yak on about saving the nation’s pubs. I am not sure that against a backdrop of changing demographics and also changing behaviour in terms of drink that this sector can ever boom and grow again. However both parties have had the power to slow the rate of decline, both have done nothing. It is thus doubly dishonest for either to claim they will reverse the decline.

1426 days ago

Tom Winnifrith Bearcast: Liz Truss's dim VAT idea, more Cineworld goes bust news and back to Naked Wines

I start by responding to some of your comments on yesterday’s Naked Wines (WINE) podcast HERE. Then onto Liz Truss and why her VAT plan shows she is either dim or bonkers.In stating that inflation can be tackled with handouts rather than, as Maggie knew, with pain all round and, in this case, peace in Ukraine not an endless war, Ms Truss is lying to us all. Then onto the strange death of Cineworld (CINE).

1747 days ago

Tom Winnifrith Bearcast: maybe the FCA might deal with Rob Terry

I ponder yesterday’s news which is terrible for Britain and which I find terribly disappointing at a personal level regarding the fraudster Rob Terry. I have a suggestion for the woke dullards at the FCA. I comment on the arrests of Umuthi fraudsters in Zim South and who in the UK now has massive questions to answer. I consider the Domino’s (DOM) trading statement and the issue Rishi Sunak faces on VAT.  This was a short working day for Jaya reasons, I’ll be back with a longer podcast on what should be a full day on Friday.

3290 days ago

Abi Wilkinson - 100% Inheritance Tax moral and makes sense. Bollocks. Peak big state stupidity in the Guardian

Abi Wilkinson is a freelance journalist based in London writing about politics, inequality, gender, popular culture, and anything else that takes her fancy. She normally writes in the Guardian which likes articles about gender ( fluid, natch) and politics as long as they involve money tree worshipping and or/smashing the even half rich. Abi's latest piece really is peak stupidity in thus summer of left wing madness. Abi reckons that what we need is a 100% inheritance tax. 

5115 days ago

Gauke, Cameron, Morals and Tax – scrap VAT and National Insurance

I see there is a bit of a stir back in blighty about folks paying tradesmen in cash. No questions answered. Nudge, nudge wink, wink. We have all done it. I admit to it. The bill is £100 + VAT. I get my cheque book out and the chap says “tell you what, let’s call it £100 in cash.” Since I cannot personally reclaim VAT I am £20 better off. The chap can of course reclaim VAT but if he is generating more VAT-able revenues than he has VAT-able costs all he is doing is acting as an unpaid tax collector for the Government.

Of course there is the suspicion that he may not declare all of that £100 for tax purposes and so we who play the game are perhaps abetting him in that matter.

The controversy came about after David Gauke MP, a junior Treasury minister, said that paying in this way was “morally” wrong. This echoes Call Me Dave saying that Jimmy Carr’s 100% legal tax reduction schemes were “morally wrong.” As I noted at the time Cameron was a fool for trying to bring morality into politics. I do not like his moral code when it comes to telling barefaced lies (we are tackling the deficit, bringing peace to Afghanistan, etc, etc) but it is not for me, him or anyone to impose my moral values on anyone else via legislation. That is a very slippery slope.