ChatterBank2 mins ago
Starbucks, Amazon, George Osborne.
// The upmarket fabric and wallpaper group (Osborne and Little), in which George Osborne has a multi-million pound interest, recorded a loss of £301,000 for the year to March 2012, and paid no corporation tax.
The loss came on turnover of £23 Million.
Despite the poor performance, the company was able to donate £4,000 to the Conservative Party. //
You couldn't make it up could you?
The loss came on turnover of £23 Million.
Despite the poor performance, the company was able to donate £4,000 to the Conservative Party. //
You couldn't make it up could you?
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No best answer has yet been selected by Gromit. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Bad management, Gromit. What was the family again? A bit of digging should reveal far more waste than £4,000.
Accountants see no virtue in having losses. The days when you could sell a company at a good price simply because it had enormous losses are long gone. All you can do with the losses is carry them over to set against profits in the following year(s) .
Accountants see no virtue in having losses. The days when you could sell a company at a good price simply because it had enormous losses are long gone. All you can do with the losses is carry them over to set against profits in the following year(s) .
// In total, directors' pay, including benefits and pensions, increased from £1.1m to £1.3m. //
Osbourne has also said:
//Of course rewards for failure are unacceptable - //
http:// www.bbc .co.uk/ news/mo bile/uk -politi cs-1693 7804
Wish I could get a 20% pay rise if my company were losing money like that!
Osbourne has also said:
//Of course rewards for failure are unacceptable - //
http://
Wish I could get a 20% pay rise if my company were losing money like that!
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