LK Hyman
18 Mar 2017
Re: Inndulgence card JF,"Well chuffed."That's good to hear, m8. BTW, one tip in case you use your card to book a bedroom at one of Fuller's excellent hotels, where you get a 10% discount off the Best Available Rate. Don't simply go to the website and book the hotel from the rate offered there. Instead, ring the hotel, which will often give you a much better rate than that given on the website. You can then give the code which is contained in your Inndulgence Card letter (assuming you haven't thrown it away LOL) and get the 10% extra discount off that lower room rate.LKH on the flybridge the meanest man in the world
JoseFrio
18 Mar 2017
Inndulgence card Thanks to a previous post here, I learnt FST provides a discount card to shareholders. So I emailed them ([email protected]) and received a reply a few days later saying they would confirm my shareholding with my broker. 10 days later my Inndulgence card arrived.Last night I went to my local Fullers pub for fish and chips and a few drinks. The card was accepted without question. Bill for food - £33 magically reduced to £28. Round of drinks - £8 down to below £7. Well chuffed.
gamesinvestor
09 Mar 2017
Re: Spreadsheet Phil ""and you're not wrong about the tax goalposts!""well I'm not wrong yet -- and we won't know until it gets announced of course.As for Brexit it's all a scare story -- the remoaners still are pressing the fear factor long after the referendum and it's quite sad to see the weakness and level of pessimism these guys hold.What this country needs is strong leadership, not a bunch of cronies in the Libcons and the Lords trying to frustrate the hexx out of the situation.It's quite clear that non of the Lords have ever been in business, as they would appreciate you don't tie your negotiators hands behind their backs before going into a negotiation.The UK will be just fine without the lead balloon that the EU represents in terms of protectionism, artificially high prices and crass allocation and theft of funds contributed by the nation states.Unfortunately the EU will take a longer time than needed to be disbanded and that delay will be at great cost to the respective economies these are supposed to represent, and who's fiscal positions do not fit with a fixed currency.Games
LK Hyman
09 Mar 2017
Re: Spreadsheet Phil Bill,"set myself up as my own personal tax haven..."Mebbe you could try applying to the Pope for that feller Matthew Festing's job and become the 80th Prince and Grand Master of the Sovereign Military Order of Malta, m8.It comes with a cracking uniform and you'd be His Most Eminent Highness Fra' Bill1703.Even if the tax haven privileges aren't that fantastic, it would be up there with my KCB.LKH on the flybridge elite young sire
LK Hyman
09 Mar 2017
Re: Spreadsheet Phil Bill,"Maybe they are scared of upsetting Tory voters looking to top up their already-groaning pots?"Blimey, m8, if there was ever a time to upset such voters now is the time to do it, innit though? Surely not even a complete m^ppet on £350k a year would vote for the bearded loon Jezzer just because Spreadsheet Phil removed higher rate tax relief. That mad man McDonnell would hit them FAR harder.One thinks of Hillaire Belloc:"And always keep ahold of nurse For fear of finding something worse."I am not advocating the removal of higher and additional rate relief merely because my own ability to get it is limited to the manky £3600 a year that them as do not have net relevant earnings are allowed to deduct. Oooooh! No! Missus! Perish the thought!LKH on the flybridge that was your Belloc quote, I think ... a very good one too
Bill1703
09 Mar 2017
Re: Spreadsheet Phil "Are you aligned with Gracchus :- ""I don't pretend to be a man of the people. But I do try to be a man for the people. "" ... As far as the tax thingy is concerned, it seems inevitable that goal posts are ever moving."Nice Gladiator nod, Games... and you're not wrong about the tax goalposts!It's not just the NHS black hole, but they are also clearly now running scared on Brexit - a theme running through the whole Budget IMHO. So in the need to build up the war chest, and on an ongoing basis, I fear they will raid whatever they can raid without welching on their manifesto pledges, or hitting the politically-sensitive headline levers like income tax and VAT (the two areas being closely related, obviously).I do agree with Sir LK... higher rate tax relief on pension contributions does look increasingly anomalous. Maybe they are scared of upsetting Tory voters looking to top up their already-groaning pots? Though if I were them, now is exactly the time to get all the stuff out that might upset people, with no chance of old Leon Corbyn mounting any kind of credible challenge...."On business rates - it's the stupidest tax ever exposed by the modern world... Ultimately, surely the Business rate concept should be scrapped."Yes, definitely anomalous - and they do claim they are now "looking at it". But as above - they need their ill-gotten gains to keep rolling in, and only so many sources to plunder... I am not sure I am of, for or even with the people... I might have to declare myself independent (after the world's smallest and least nasty referendum) and set myself up as my own personal tax haven...
LK Hyman
09 Mar 2017
Re: Spreadsheet Phil Games,"historic tax shelters like ISAs get raided"I can't see that happening mesen, though one could imagine private pensions and Isas being elided in some way. For example, why not do away with tax relief tel quel on pensions completely and introduce a new system whereby the punters can put up to £20k a year into a Pension Isa (Pisa?) out of their after tax earnings. Punxsutawney Phil would then top up each annual contribution by [inserts finger into breeze] 25%. Even the dimmest white van man would find that simple to understand and really attractive, whereas "getting tax relief" is as dull as ditchwater to most people who, consequently, often don't bother to take out a pension or optimise their contributions into it.The beauty of such a scheme would be that "a 25% top up" sounds great, but it is in fact precisely the same thing as "getting basic tax relief" and does away with the iniquitous higher rate relief which is so unfair to the little people ... at a stroke.There would be no lifetime earnings allowance rubbish. If your Pisa multibagged, good luck to you (provided you didn't exceed the annual contribution allowance) and, if you invested it in a munter and lost the lot, well, tough titty. Divis would rack up tax free, there'd be no CGT and no income tax to pay on withdrawals.Sorted!LKH on the flybridge make mine a KCB
gamesinvestor
09 Mar 2017
Re: Spreadsheet Phil "on the flybridge the people's friend"LK -- Are you aligned with Gracchus :- ""I don't pretend to be a man of the people. But I do try to be a man for the people. ""As far as the tax thingy is concerned, it seems inevitable that goal posts are ever moving.The possible worst thing down the line is when the government gets more rapacious and historic tax shelters like ISAs get raided to pay for the NHS which will continue to suck the life out of the tax take at an ever increasing exponential rate.On business rates - it's the stupidest tax ever exposed by the modern world. If you make a profit you should pay some tax, but where is the logic in taxing you to sell from a building instead of from inside a web site?Ultimately, surely the Business rate concept should be scrapped.Games -- I'm not a man of the people - or for that matter a man for the people - I'm just one of the people.
LK Hyman
09 Mar 2017
Re: Spreadsheet Phil Bill,"but it doesn't pay me any dividends"Don't tell me a big bonobo such as yoursen is content with the old "set the salary at the sweet spot where there's no PAYE but I get NIC credits anyhoo thank 'ee very much LOL" malarky!Does that wheeze still work? It used to be a doozy no-brainer."I buy shares with post-tax money"Spreadsheet Phil still lets the plutocrats have top rate relief on pension contribs! OK the lifetime thingy makes it barely worth bothering for the playas [see what I did there?] but I suspect that the days of that boondoggle are rightly numbered.LKH on the flybridge the people's friend
Bill1703
08 Mar 2017
Re: Spreadsheet Phil "Hollo, don't tell me you're a director of your own company, m8!"Well, yes, but it doesn't pay me any dividends... unlike my wonderful portfolio of judiciously purchased equities, which do, in spades... and on which I'll now have to pay more tax..."I must say, call me a raving Lefty, but I thought that the £5,000 thingy was absolutely iniquitously over generous and I'm delighted that Spreadsheet Phil is cracking down on the plutocrats ..."And that is on top of the extra tax I will be paying already, following the introduction of the original £5,000 thingy... so forgive me if I don't join in the cries of "iniquitously over generous". It's double taxation... treble taxation, I tell you! I buy shares with post-tax money, companies then pay me dividends out of post-tax earnings... and now Phil wants an extra wedge of it on top! He's a scoundrel and a rascal...And I am hardly a plutocrat... at least I don't think I am. I haven't even been to Disneyland...
gamesinvestor
08 Mar 2017
Re: Spreadsheet Phil ""FSTA's pubs are, I suspect, mainly in the remaining 10% category."""Only pubs with a rate-able value less than £100,000 qualify.I suspect it will benefit Greene King's smaller regional pubs more - but I doubt it'll make much difference to the old share price, or the divi.As far as the £5,000 down to £2,000 issue, I'm avoiding it all together as I wrote to the tax man and decided I didn't want to be a member of the club anymore and he wrote back offering me a special dispensation.Games - If only it were true he grimaced !!
LK Hyman
08 Mar 2017
Re: Spreadsheet Phil Bill,"though he did slash the tax-free allowance for dividends from next year"Hollo, don't tell me you're a director of your own company, m8!I must say, call me a raving Lefty, but I thought that the £5,000 thingy was absolutely iniquitously over generous and I'm delighted that Spreadsheet Phil is cracking down on the plutocrats ... now that I can no longer benefit from the previous systemic generosity LOL.I don't see why the proles should have to subsidise the massive bungs that those with a bit of wedge can still whack away into our pensions and Isas not to mention all the EIS scams which I wouldn't touch with the same bargepole that I didn't touch such munters as AFPO, NEOS, HMV, AFE, ARMS yadda yadda with.Ain't life grand?LKH on the flybridge departing Bahia Naufragio en route for P
Bill1703
08 Mar 2017
Re: Spreadsheet Phil "Ah well, never mind. At least he didn't hit booze with more taxes than have already been announced."Maybe not... though he did slash the tax-free allowance for dividends from next year, on grounds which sounded entirely spurious. So we'll all have less money for booze, all the same.. .and meanwhile, he can stick his spreadsheet up his jacksie. If he doesn't already....
LK Hyman
08 Mar 2017
Spreadsheet Phil I don't suppose that the help that Phil announced in the Budget for pubs as regards the business rates hike will be of any use to FSTA. He said it would benefit 90% of pubs in the UK. FSTA's pubs are, I suspect, mainly in the remaining 10% category.Ah well, never mind. At least he didn't hit booze with more taxes than have already been announced.LKH on the flybridge
LK Hyman
07 Mar 2017
Re: Valuation Games,""How many of these properties are leasehold?""88% are freehold ... you do the math!LKH on the flybridge
