21-01-2024, 16:51
(This post was last modified: 21-01-2024, 16:54 by theo_luddite.)
If it ain't some kind of tax fiddle (it almost certainly is) how does a business "lose" £60m in a tax year while paying it's boss £270m including at least £50m from a £100m payout of "dividends"?
https://www.theguardian.com/business/202...70m-payday
Exactly how much UK Tax did Ms. Coates of Bet365 fame pay on that lot? My guess is 3/4's of bugger all whilst her PAYE employees would have been taxed to the hilt.
"Bet365 collected roughly flat revenues of £3.4bn, while the business recorded a pre-tax loss of £60m in the year to March, including a £12.4m loss from its ownership of Stoke City football club. The group also made a £100m donation to The Denise Coates Foundation, a registered charity."
https://www.theguardian.com/business/202...70m-payday
Exactly how much UK Tax did Ms. Coates of Bet365 fame pay on that lot? My guess is 3/4's of bugger all whilst her PAYE employees would have been taxed to the hilt.
"Bet365 collected roughly flat revenues of £3.4bn, while the business recorded a pre-tax loss of £60m in the year to March, including a £12.4m loss from its ownership of Stoke City football club. The group also made a £100m donation to The Denise Coates Foundation, a registered charity."
A guide to cask ale.
![[Image: aO7W3pZ.png]](https://i.imgur.com/aO7W3pZ.png)
“In the best pubs, you can spend entire afternoons deep in refreshment without a care in the world.”
“In the best pubs, you can spend entire afternoons deep in refreshment without a care in the world.”