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Meat Plant "Losses now commercially confidential"


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There's surely been enough erudite, informed contributors who have posted facts, figures, links and sources (to include Boo'gayn who named the UK HMRC officials despatched here to deliver the bad news and its reasons to our esteemed Govt) for it to be beyond reasonable doubt?

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There's surely been enough erudite, informed contributors who have posted facts, figures, links and sources (to include Boo'gayn who named the UK HMRC officials despatched here to deliver the bad news and its reasons to our esteemed Govt) for it to be beyond reasonable doubt?

For what to be beyond reasonable doubt?

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You won't get a well reasoned and evidence based counter argument from Notty on any matters of Govt failings. I await his next offhand dismissive as a predictable response.

How was the VAT situation a government failing?

 

In your twisted logic surely it was a success? They extracted ( swindled as your type refer to it) significant amounts of money out of the UK government that they were not due and did so in the full knowledge they were not due it?

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How was the VAT situation a government failing?

In your twisted logic surely it was a success? They extracted ( swindled as your type refer to it) significant amounts of money out of the UK government that they were not due and did so in the full knowledge they were not due it?

 

The failure wasn't in exploiting the VAT rules to increase the Island's share of the VAT 'pot'[1]. The failure was bragging about it and getting involved in high-profile areas of tax avoidance (such as film) that the UK felt compelled to put a stop to the situation.

 

The failure was using the VAT windfall to increase the benefits to the favoured few (in the civil service, among the top tax payers, among the the favoured contractors) rather than generally or in decent investments for the future.

 

And the failure, since the UK announced that the rules would be changed nearly a decade ago, was to continue on in exactly the same way as if nothing had happened, except intermittently announcing new stealth taxes that impose mainly on ordinary people, without actually doing much to alter the situation financially.

 

 

[1] For what it's worth, I suspect there was a degree of connivance here from the UK Treasury who may have felt that some of the business involved might well have gone outside the UK/IOM VAT area altogether otherwise, so the total tax take would be even less.

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Rarely out of our comfort zone eh? Yet frequently run out of the ability to present a well reasoned response,far preferring to drop to pathetic insults.

 

To be fair to notwell, he always seems extremely comfortable in resorting to random insults and personal insinuations.

 

It's an interesting spotlight on the levels of competence in the Manx Establishment that its defenders never even see the need for reasoned debate when challenged. Indignation and assertions of power are thought to be enough - and far too often in the past have proved to be.

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Rarely out of our comfort zone eh? Yet frequently run out of the ability to present a well reasoned response,far preferring to drop to pathetic insults.

To be fair to notwell, he always seems extremely comfortable in resorting to random insults and personal insinuations.

 

It's an interesting spotlight on the levels of competence in the Manx Establishment that its defenders never even see the need for reasoned debate when challenged. Indignation and assertions of power are thought to be enough - and far too often in the past have proved to be.

It's hard to have a reasoned debate with people who have this odd perception the island committed a crime over VAT.

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Rarely out of our comfort zone eh? Yet frequently run out of the ability to present a well reasoned response,far preferring to drop to pathetic insults.

To be fair to notwell, he always seems extremely comfortable in resorting to random insults and personal insinuations.

 

It's an interesting spotlight on the levels of competence in the Manx Establishment that its defenders never even see the need for reasoned debate when challenged. Indignation and assertions of power are thought to be enough - and far too often in the past have proved to be.

It's hard to have a reasoned debate with people who have this odd perception the island committed a crime over VAT.

 

 

nothing odd about the perception

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You won't get a well reasoned and evidence based counter argument from Notty on any matters of Govt failings. I await his next offhand dismissive as a predictable response.

How was the VAT situation a government failing?

 

In your twisted logic surely it was a success? They extracted ( swindled as your type refer to it) significant amounts of money out of the UK government that they were not due and did so in the full knowledge they were not due it?

 

 

& told the UK Exchequer!

 

Hovis should have been encased in carbonite & put on top of the empty plinth in Castletown square

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Rarely out of our comfort zone eh? Yet frequently run out of the ability to present a well reasoned response,far preferring to drop to pathetic insults.

To be fair to notwell, he always seems extremely comfortable in resorting to random insults and personal insinuations.

 

It's an interesting spotlight on the levels of competence in the Manx Establishment that its defenders never even see the need for reasoned debate when challenged. Indignation and assertions of power are thought to be enough - and far too often in the past have proved to be.

It's hard to have a reasoned debate with people who have this odd perception the island committed a crime over VAT.

 

 

Not really a crime, but when you're skimming off the top, it is not a good idea to get greedy and then tell everyone about it.

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And the failure, since the UK announced that the rules would be changed nearly a decade ago, was to continue on in exactly the same way as if nothing had happened, except intermittently announcing new stealth taxes that impose mainly on ordinary people

VAT is itself a form of taxation which disproportionately impacts those on lower incomes.

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