Originally posted by d000hg
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Business Rates Rises
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His heart is in the right place - shame we can't say the same about his brain... -
Originally posted by d000hg View PostI thought lots of pubs were closing because the increasing property prices means they can sell and make a huge return irregardless of whether the business is doing well?
I've no idea if £40k a year is a lot or not, depends a lot on the pub in question. If I pour one pint a minute from 11-11 that's 720 pints a day or ~250k pints a year. So "council sales tax" would be what 19p a pint?"You’re just a bad memory who doesn’t know when to go away" JRComment
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Just another excuse for the government to raise taxes. They are bust after all and we all need to chip in with our "fair share"
Government is targeting whoever they can - IT Contractors, Landlords, Businesses that can't fight back (i.e. not the Google or Amazon league).
As usual the mindless policy makers don't realize that jobs will be lost and full-circle round the tax intake will decrease. But they're only interested in their next 4 year term, such is their short-term mindset.
No doubt the increase in business rates will be passed on to consumers where possible, else the business will die.
I wonder when council tax will be revised to level up with the increased value of peoples' homes. After all, homeowners must be sh1t-loaded and rolling around in cash, right?
Goose. Golden Egg.
This country is f*cked.Last edited by ChimpMaster; 17 February 2017, 11:26.Comment
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Originally posted by ChimpMaster View PostJust another excuse for the government to raise taxes. They are bust after all and we all need to chip in with our "fair share"
Government is targeting whoever they can - IT Contractors, Landlords, Businesses that can't fight back (i.e. not the Google or Amazon league)."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SueEllen View PostTry fighting with a multi-national who can move their factories and send parcels from the Eire, the Netherlands or Belgium.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by Mordac View PostWhich is almost certainly more than the profit margin per pint for most pubs.
Since people like Sue seem to have inside knowledge of this area, perhaps they can share some more realistic figures than the ones I pulled out of my bum?Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by hugebrain View PostWe already have that. It's called Vat. In fact we suffer about three times more of it than our American cousins. Since we're more communist we apply it nationally so it can be redistributed to lazier areas instead of keeping it in the regions where it comes from.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostI thought lots of pubs were closing because the increasing property prices means they can sell and make a huge return irregardless of whether the business is doing well?
I've no idea if £40k a year is a lot or not, depends a lot on the pub in question. If I pour one pint a minute from 11-11 that's 720 pints a day or ~250k pints a year. So "council sales tax" would be what 19p a pint?
Most rural pubs would be delighted to be pouring that much beer for two hours a day, let alone 12.Comment
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Originally posted by Chuck View PostMost rural pubs would be delighted to be pouring that much beer for two hours a day, let alone 12.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by d000hg View PostYes but they make that profit margin after paying the 19p currently (if my figures are even close). Rates aren't going up by 19p a pint, if the rate is 19p a pint and goes up 30% then it goes up by 5-6p a pint. I haven't the foggiest what their margin is but when they're already charging £4/pint (and the rest), increasing the price 5p is probably achievable.
Since people like Sue seem to have inside knowledge of this area, perhaps they can share some more realistic figures than the ones I pulled out of my bum?
Anyway if you really are interested in finding out the health of the pub trade join CAMRA, go to the pubs they hang out in and talk to the people who work in them, and go to CAMRA events."You’re just a bad memory who doesn’t know when to go away" JRComment
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