@DanNeidle How often does Harriet Morgan find against HMRC in tax tribunals? A surprisingly large amount of the time. So this judgement should come as no surprise
@afneil Thanks for pointing out that gas now only accounts for 26.8% of electricity generation. Which is pretty incredible when you consider gas, coals and oil accounted for about 75% 20 years ago!
@DanNeidle But wouldn’t the BOE just have to reduced interest rates accordingly to reflect the impact of VAT. So no great overall change, but the gov gets more VAT?
@DanNeidle Trump has now announced that he is pulling out of the 15% global minimum tax, and saying it doesn’t apply to US companies. Can he do that and not suffer the consequences you describe above? He will be mad when someone tells him his hands are tied…
@elonmusk Don’t work Elon, most people in Britain think you are a joke now that you have bent the knee to Trump. Before that, we were just concerned about your unhealthy obsession, or fascination with Pedos
@DanNeidle If OFWAT was directed to do its job properly, and heavily penalise sewage spills where the isn’t exceptional weather, as well more heavily limit increases to just inflation, it wouldn’t be long before they are all insolvent and MV is nil. The question then becomes about debt?
@labourlewis Why not just make OFWAT enforce the rules properly around spillages only in extreme weather, not let them increase bills above inflation and issue massive fines for every breach. So let them go bankrupt, wipe out shareholder value with little left for crditors. Then gov steps in
@NateSilver538 It’s not unreasonable for people who don’t like Musk, which is probably most dems, to not use his products and further enrich him. Twitter has gone to shit since he has taken over
@CreativeDeduct@coolfoolwho@ChrisGiles_ You do realise that the individuals have pension deductions up to 12%, and sometimes a lot more, and on top of that the employer has to pay an additional 20%-30%, which the government then spends. That is why there is a great liability.
@DanNeidle@ChrisGiles_@toby_n Or bring in a cap of say £250k for everyone, and the primary home exemption only applies to any gain up to £250k. Very progressive policy
@DanNeidle@ChrisGiles_@toby_n You could say that anyone/family that owns a second home, loses the primary home tax exemption for any period where multiple homes are owned. Would also help reduce demand for second homes, buy to let’s etc.
@DanNeidle Could companies get around this by making a payment to disclosed company in country A, who then forward on the payment to undisclosed company in country B?
@RichardJMurphy The pension will go up by £260 more than inflation, which means they will only be barely worse off than last year, and those on pension credit will be £260 better off.
@CalltoActivism Isn’t it obvious why Trump has gone missing? Clearly he doesn’t want to do anything to pile more pressure on Biden. He want him to stay in the race
@SimonWDC Why you don’t see the obvious is beyond me. He wants Biden to stay as the. Nominee, so doesn’t want to add pressure. You can guarantee when it is too late for the dems to change it, all the videos of Biden will be all over airwaves