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House Price Crash Forum


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About Ascii

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  1. Appears to be a little over £23/hr. Nice work if you can get it.
  2. ^^ This You aren't going to learn much about computers using an Ipood.
  3. Sounds about right to me too. I can think of a family member in similar circumstances (3 bedroom house, not 4), and the figures are about the same.
  4. No, I'm not. That's why I said gross profit and not net profit.
  5. I wouldn't expect them to. The same example you're using can be used to argue precisely the opposite from your current position.
  6. As I said a day or two ago, lets revisit this in 18 months. I don't agree.
  7. Yes, I do (corporately), but the money ultimately comes from the consumer. If the consumer is a business, their consumption is paid for by building it into their cost of sales but eventually, if you trace the money, it all ends up with you. This affects the price they charge and is part of the price you eventually pay for the widget that you buy, or the service you avail yourself of at the doctor. My situation is a little more complex, but ultimately it's paid for by the tax payer on the street. I mainly supply companies that supply the public sector, so perversely part of the tax that I pay
  8. If you're of the opinion that companies pay corporation tax, you're very much mistaken, and beyond help. I have to say I paid little attention to the article and didn't read too much of any of it, so you may be correct on the other part of it but it's irrelevant, companies do not pay corporation tax; it's built into the price you pay.
  9. I think you're right. I don't frequent Wetherspoons as the local one looks a but scabby to me, but the prices seem very good. I do frequent Crown Carveries though; £3.99 a head (don't buy drinks there though as they push the price right up, and I am impressively tight). I presume Wetherspoon fish and chips is from frozen, which isn't necessarily a problem, but is it acceptable? I might give them a go if so. I dunno - ambivalent I guess. Having done it professionally I can conclude that it's definitely work, but I guess it's whether you see it as a chore. I don't, I enjoy feeding my famil
  10. As usual, no story here: It's really a drop in the ocean though isn't it anyway. How much does it cost to administer? In any case it doesn't matter one iota that the tax take from companies has reduced because the tax take from individuals has increased. It's an entirely normal state of affairs. Companies do not pay tax, people do (where do you think the funds to clear the CT tax bill come from). CT should be abolished completely. It raises very little money, is pain to administer both in government and in companies and ultimately is paid for by consumers anyway. Just pass that burden to
  11. This is precisely the point of the article, that the supermarkets have "an unfair subsidy", and you make their point quite nicely for them. Just as well you added that bit
  12. I would have said that was an oxymoron. I presume you're just cooking for one, and I can see some sense in your approach in that case. It would be better and cheaper though to batch off some of your own and freeze for future consumption. Gross profit for any catering operation is likely to be around 65-75% in any case. I was puzzling over the price of fish and chips the other day. I don't really buy them anymore since I can't find a reliable chippy, but I made some at home (using haddock) made my own chips, curry sauce and mushy peas. The kids had battered sausage and chips. fish - £2.39 s
  13. Very much so. The way their calculations are constructed it's darned near impossible to come up with an accurate % profit. You could make a fair guess though if you could be bothered, but I won't since I believe the point of the article is to illustrate how little they actually make compared to the government take. From the facts they give you, you could only guess at the direct cost of sales (ie the cost of the goods before their markup), but without that you're just pi55ing in the wind.
  14. Profits are calculated based on receipts less cost of sales without including VAT, so no it doesn't, but it doesn't alter the main point of the article which is that 9.09% of the price you pay at Wetherspoons over and above the cost of sales actually goes to Wetherspoons. It's more likely that most pricing in that field would reduce by around 10-15% or so in the same way that utilities pass an increase directly on but are reluctant to pass the full amount of a reduction back (though they normally pass some). Since it's never going to happen though we'll never know.
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