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On general tax principles, you will pay tax on 10% of the face value of the tickets concerned if obtained for free. That will be a trivial amount if you are not a heavy user. If the Rosco concerned charges you 10% or more the tax point disappears.
The above is a rule of thumb for BIK where...
I have had multiple problems with Xmas for a very long time.
The over consumption aspect is something I find abhorrent. All that fatuous present purchasing, much of it soon to be landfill. An unnecessary and thus objectionable misuse of resources.
And then we get to food. Peeps getting...
JT above has it right.
There are no circumstances whatsoever that justifiy a 200% (of base salary) bonus for public company execs. Private companies are and should be excepted.
To take a current example, should the CEO of, for example, BP be rewarded with a vast bonus for returning enormous...
London housing is vastly expensive but that doesn’t really matter for those that invested many years ago. Car ownership is low cos many people have figured out that public transport works. I am one of them and it’s “free to me” Except that it’s not. London has an efficient public transport...
Surely the exceedingly dangerous incident at Hayes (West London variant) demonstrated the point that a hand placed into closing doors on most/all non LU trains will not cause the doors to reopen. If a substantial person placed a horizontal fist into the closing doors it might work. A small and...
The numbers bod above has it right.
He is an obvious charlatan and proven liar. Any competent psych would diagnose his personality as “obsessive compulsive narcissist disordered”. Just like Trump. And yet the foolish UK electorate voted him into power. Or more accurately, failed to vote against...
So what are these people employed to do?
A gaggle of three were stood around the entrance of Finchley Road station this pm. I initially thought that they were doing mask enforcement work. They were not. Given that they were far away from the gate line they could not have been doing revenue...
And yet vast numbers of people vote Tory at election after election. Or, to put it more accurately, even vaster numbers fail to vote against the Conservatives.
Its completely beyond me. Why do people who live in miserable economic circumstances, people who have little or no prospect of...
And neither do I trust the police.
A bunch of largely useless idiots in my view.
An attitude derived from having to avoid these fools at countless football matches.
I’m a London taxpayer partially paying for these twerps. I have long taken the view that the clown in charge of them should be...
I think the underlying problem is that the current management of Post Office Counters Ltd are tasked with the job of reducing their annual subsidy from HM Treasury. The preferred methodology is to sell off off Post Office sites and, after reporting substantial profits on sale, they relocate the...
Tis all wondrous legalistic argument above but the whole of it somewhat misses the point.
TfL staff do not, or very rarely enforce the current rules. Thus any changes to the current conditions of carriage are utterly irrelevant to the vast majority of pax.
The point that Bletchleyite seems to be not entirely aware of is that there have been many changes to the tax laws covering the point we are discussing. All have failed to stop the tax leakage. Future attempts are equally likely to fail. And that is because orthodox Treasury thinking is that...
Perhaps Bletchleyite above would explain how small limited companies which pay their proprietors nominal salaries and the balance via dividends can access HMG support. I have operated such an enterprise for many years. There are no other
employees other than myself (paid annually, hence not on...