Joined: Feb 21 2002 Posts: 31779 Location: The commentary box
Andy Gilder wrote:Dally - the only way to do that is by making a gift of qualifying investments (broadly, quoted shares or land and buildings) equal to the full extent of your taxable income above the personal allowance. These investments will have been presumably been bought out of income which was taxed in the first place.
Simply handing over all your income to charity does not make that income tax exempt in your hands. If you gave every penny you had in income next year to charity, you would still be liable for any tax due on that income to the extent it exceeds your personal allowance.
Andy Gilder wrote:Dally - the only way to do that is by making a gift of qualifying investments (broadly, quoted shares or land and buildings) equal to the full extent of your taxable income above the personal allowance. These investments will have been presumably been bought out of income which was taxed in the first place.
Simply handing over all your income to charity does not make that income tax exempt in your hands. If you gave every penny you had in income next year to charity, you would still be liable for any tax due on that income to the extent it exceeds your personal allowance.
Agreed. I was trying to illustrate the extreme case. People do, as you know, give qualifying investments away in said fashion.
We are often told on here that German manufacturers liaise well with Unions / employee representatives to create a positive envirnonment. Are we to suppose they act differently here in the UK? Of, just maybe, could it be that our great Unite union has its own politically motivated, destructive agenda? They've been offered a modest pay-rise (good in current conditions) and to be paid pro-rata for working a few extra minutes per day. Quite frankly, if they are the key issues then they are non-issues. The Union alleges there are more strings attached than there are to a puppet but if that's the biggest string it would seem hardly worth closing the plant over.
If 'The Sun' is to be believed, the main reason they're going on strike at BMW is that, in exchange for an improved pay deal, BMW want the workers to cut down on the number of tea breaks they take.
Sounds like something straight out of 'Carry On At Your Convenience'
And before you all start, no I don't believe that this is anything other than an attempt to sensationalise.
"I've not come 'alfway round t'world fot watch us lose. And I've come halfway round t'world, an' av watched um lose"
Joined: Apr 03 2003 Posts: 28186 Location: A world of my own ...
Dally wrote: Of, just maybe, could it be that our great Unite union has its own politically motivated, destructive agenda? They've been offered a modest pay-rise (good in current conditions) and to be paid pro-rata for working a few extra minutes per day. Quite frankly, if they are the key issues then they are non-issues. The Union alleges there are more strings attached than there are to a puppet but if that's the biggest string it would seem hardly worth closing the plant over.
Yes Dally, Unite's agenda is to close down BMW in Oxford and for all its employees there to be made redundant, thereby losing themselves revenue from their subscriptions.
"As you travel through life don't sweat the petty things and don't pet the sweaty things" - George Carlin
ROBINSON wrote:If 'The Sun' is to be believed, the main reason they're going on strike at BMW is that, in exchange for an improved pay deal, BMW want the workers to cut down on the number of tea breaks they take.
Sounds like something straight out of 'Carry On At Your Convenience'
And before you all start, no I don't believe that this is anything other than an attempt to sensationalise.
According to the Daily Mail it's about having to put your hand up to go to the toilet (which would seem very sensible on a continuous production line).
The company I work for has clients at sites in the Midlands which are involved in motor production (I'm saying no more) and we have experienced workforce problems reminiscent of the 1970s on these sites in direct contrast to the three vehicle manufacturing sites in other regions which are generally recognised as being Japanese owned.
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