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Archive for the ‘Adding up’ Category

Morally wrong and unfair #London #unfair #taxation #takingadvantage #commonsense #taxpayer #TFL


Here’s another list that I should have started years ago but hey ho….

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1. June 2014 London Congestion charge to rise by 15%. Ever heard of inflation Boris? Just in case you haven’t, it’s currently about 2%, so where’s the justification in a 15% rise in this TAX?

2. July 2013 Diplomats owe over £60m in unpaid congestion charge fines. Just beggars belief in this day and age!

 

 

 

Watch this space for more hypocrisy…

Due to a larger than normal volume of requests…#customerservice #unemployment #corporate #greed


To be honest I should have started this thread a long time ago but better late than never I suppose. I intend to add on an ‘as necessary basis’

So basically my thoughts are that any company that responds with the expression

“Due to a larger than normal volume of requests”

or similar type statement, actually knows that they are not providing an efficient customer service. (Note, customers are the people that keep your business alive)

So the solution is to put your corporate hand in your pocket, pay the CEO a few million less and take on some more staff, thus helping reduce unemployment, improving the nations self worth, giving back to society, give your government a bigger tax take and above all, reduce customer annoyance.

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1. 29th May 2014 Your feedback is important to us. Due to a larger than normal volume of requests, you should expect to receive a personal response from a Starbucks customer service representative in 4-5 business days. (In fairness I received a satisfactory response within 24 hours)

just wondered if any of this sounded familiar? #London #BOE #houseprices #inflation

February 26, 2014 Leave a comment

So here we are again, the Bank of England isn’t worried by the rise in house prices, the FTSE is at a 14 year high, Taylor Wimpey are about to become part of the elite FTSE 100 index and this 5 bed flat will cost you £45,000 a MONTH to rent.

No need for a rise in interest rates then?
flat200K

honourable effort from Pingit but isn’t maths taught at school any more? #education

October 1, 2013 Leave a comment

Jersey Français : Jersey

Jersey Français : Jersey (Photo credit: Wikipedia)

‘Split the bill with Barclays Pingit

We’ve all been there – out for a team lunch or a birthday dinner with a large group of people and, when the bill arrives, you’re left to figure out what everyone owes.

Now you can use the Barclays Pingit in-app calculator to quickly work out how to split the cost, add individual tips and request payments from your friends. So you won’t be left out of pocket’

COMMONSENSE

HM Revenue & Customs: Tackling tax avoidance: Spotlights #QE #BOE #HMRC #tax #taxpayer #saver #pension #hypocrisy

September 9, 2013 Leave a comment

HM Revenue and Customs seen from Parliament Sq...

HM Revenue & Customs: Tackling tax avoidance: Spotlights.

Interesting article from HMRC on tax avoidance.

Go towards the bottom of the page…

Further information, tax planning to be wary of:

Tax planning to be wary of

  • It sounds too good to be true.
  • Artificial or contrived arrangements are involved.
  • It seems very complex given what you want to do.
  • There are guaranteed returns with apparently no risk.
  • There are secrecy or confidentiality agreements.
  • Upfront fees are payable or the arrangement is on a no win/no fee basis.
  • The scheme is said to be vetted by a top lawyer or accountant but no details of their opinion are provided.
  • The scheme is said to be approved by HMRC (it does not follow that this is true).
  • Taxation of income is delayed or tax deductions accelerated.
  • Tax benefits are disproportionate to the commercial activity.
  • Offshore companies or trusts are involved for no sound commercial reason.
  • The involvement of professional trustees is claimed to guarantee that the arrangements succeed.
  • A tax haven or banking secrecy country is involved without any sound commercial reason.
  • Tax exempt entities, such as pension funds, are involved inappropriately.
  • It contains exit arrangements designed to sidestep tax consequences.
  • It involves money going in a circle back to where it started.
  • Low risk loans to be paid off by future earnings are involved.
  • The scheme promoter lends the funding needed.
  • There is a requirement to take out insurance against the failure of the tax planning to deliver the tax benefits.

is it just me, or do some of these sound like the definition of QE?

Common sense?

Carney Cripples Savers for Years With Rates Pledge: U.K. – Bloomberg #savers #pension

September 9, 2013 Leave a comment

cropped-tomb-commonsense.jpgCarney Cripples Savers for Years With Rates Pledge: U.K. – Bloomberg.

Seems a bit harsh to kick Mr Carney in the ‘painfuls’ when his predecessor Mr King failed to even spot the financial crisis. Either way neither will go hungry.

Common sense and fairness, not really!

Legal & General, just wondering how this works? #pension #saver #savers #prudence #savings

August 7, 2013 Leave a comment

no wonder the younger generation don't bother saving!

no wonder the younger generation don’t bother saving!

Despite announcing a profit after tax up 15% to £464m yesterday, I was shocked to receive my pension statement this morning showing the following.

According to my statement my fund value has increased by 17% over the past 6 months. Not bad at all to be honest. So why has my projected pension  actually decreased in value?

Something not right here surely?

Common sense, don’t save, just spend spend spend!