Pfi

[Clog II The Avenger]

Stop complaining and buy shares in HSBC. If you can't be part of the solution, be part of the problem.

I really think that we should run our Limited Companies by with our own PFIs. Income £80,000 Management fees to offshore company £70,000. UK tax=£300 offshore Tax = £500.

[ASB]

Schools maintenance sold to PFI so they can’t get a local builder to do a Jib for £18,000 they have to get the same builders via PFI management at £36,000

It's not that bad. It's worse

The school generally have to get the work done via country (some scools with foundation status don't). The first thing that happens is that county charge some 20 odd percent for managing the bid.

[GreenerGrass]

I really think that we should run our Limited Companies by with our own PFIs. Income £80,000 Management fees to offshore company £70,000. UK tax=£300 offshore Tax = £500.

They'll probably let you if you make big enough donations to the Labour party.

[Bagpuss]

Who would come up with such an idea?

"The PFI was introduced under the Tories in 1992 but did not take off until Labour took office."

You know what I'm going to do? I'm gonna moan!