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Horrors of their first budget.

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  • Paddy
    replied
    Originally posted by vetran View Post

    hmm not a figure I have heard manufacture is normally a cost. You may see a 5% markup on cost to pay for manufacturing developments.

    Trick is to do the coffee beans trick with landing price. You make coffee beans in Kenya for £2 a pound and sell them via a tax haven to the UK at £9, the cost of selling the coffee is 99p per pound so you pay UK tax on 1p. The other £7 is in a tax haven.

    Or just charge Royalties and admin.

    https://www.theguardian.com/business...nses-royalties


    Interesting to see a link to that.
    That's exactly how the petroleum companies work and then claim they only make 1p per litre.

    Leave a comment:


  • WTFH
    replied
    Surprised that none of the xenophobes have been posting that clip from GBeebies about how many migrants have been deported in the last few months, and how the figures must be wrong.

    Leave a comment:


  • jamesbrown
    replied
    Originally posted by Andy2022 View Post

    Analysis by TalkTV 🤪
    It's Gricer, nurse had to explain it with pictures.

    Leave a comment:


  • Andy2022
    replied
    Originally posted by Tinkerbell3 View Post
    Interesting video analysis on budget impact.

    https://youtu.be/PcjwFH4pYXc?si=lXB1sBUp8BljCtHF

    Analysis starts at 4.27 mins.

    Brief mention about HMRC compliance officers at 10.47 mins.
    Analysis by TalkTV 🤪

    Leave a comment:


  • Tinkerbell3
    replied
    Originally posted by Tinkerbell3 View Post
    Interesting video analysis on budget impact.

    https://youtu.be/PcjwFH4pYXc?si=lXB1sBUp8BljCtHF

    Analysis starts at 4.27 mins.

    Brief mention about HMRC compliance officers at 10.47 mins.
    Some of the youtube comments are also worth reading to give a general feel of things.

    Leave a comment:


  • Tinkerbell3
    replied
    Interesting video analysis on budget impact.

    https://youtu.be/PcjwFH4pYXc?si=lXB1sBUp8BljCtHF

    Analysis starts at 4.27 mins.

    Brief mention about HMRC compliance officers at 10.47 mins.

    Leave a comment:


  • vetran
    replied
    Originally posted by NigelJK View Post
    IIRC 5% of the profit for an item comes from the manufacturing of it.
    hmm not a figure I have heard manufacture is normally a cost. You may see a 5% markup on cost to pay for manufacturing developments.

    Trick is to do the coffee beans trick with landing price. You make coffee beans in Kenya for £2 a pound and sell them via a tax haven to the UK at £9, the cost of selling the coffee is 99p per pound so you pay UK tax on 1p. The other £7 is in a tax haven.

    Or just charge Royalties and admin.

    https://www.theguardian.com/business...nses-royalties


    Interesting to see a link to that.

    Leave a comment:


  • NigelJK
    replied
    IIRC 5% of the profit for an item comes from the manufacturing of it.

    Leave a comment:


  • sadkingbilly
    replied
    Originally posted by vetran View Post

    FTFY
    like i said: so - permy for two decades before current perm stint of ? 10years? to date. = 30 years ago.
    (sorry, you sound like some kind of '#manager', so technical stuff like arithmetic WILL be beyond your feeble little ganglion.

    Leave a comment:


  • willendure
    replied
    Originally posted by edison View Post

    Japan was heavily geared towards manufacturing and particularly exporting in the 70s and 80s. It seems to have finally shifted more towards services as China started to dominate a lot of manufacturing. Will be interesting to see how Japan fares in the next 10-20 years as the proportion of elderly people continues to rise.

    I spent 10 days there a few years ago and was slightly surprised how everything still looked in good shape unlike the decrepit UK. Japan is one of the most homogenous societies in the world but I wonder how long the demographics can keep immigration at very low levels?
    The can keep immigration low as long as they like - its a choice, same as it is for us. If the population has wealth and is shrinking that concentrates the wealth into fewer hands, so actually it works out pretty well for the natives to own their own country.

    Japan off-shored a lot of manufacturing, but combined that with automation and retaining ownership of the off shored industries. So they still make quite a bit, particularly high end stuff, and still profit from it.

    Leave a comment:

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