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Knudsen in Provisional Danish World Cup Squad
at 17:41:03

There's some cracking spelling of club names in those images!
Where Have Our Standards Gone?
at 19:57:30

Thought this was going to be a reasonably balanced piece and then I read “Why would you take off Mustapha Carayol at Preston”. He was sick FFS. There’s plenty to disagree with Mick about without using idiotic examples that deflect from any reasonable point you might have. Didn’t bother reading the rest!
An Uncomfortable Truth
at 16:23:18

naa, what other multi-national companies do is to run there UK subsidiaries at a loss by charging them inflated prices for access to product, materials, IPR etc so that they make a paper loss. This isn't really a loss as those products, materials etc don't really cost them anywhere near what appears on the UK accounts. They then use this "loss" to avoid paying tax in the UK, while the real profits (generated from the inflated charges to the UK business) are taxed offshore at a low rate. That is patently not what is happening at ITFC. ITFC makes a loss that could well be used to offset other tax at other UK ME businesses but it's only a percentage of a real loss, not a paper one.

As to MicksZzzTactics comments, he has a lot of fancy words but still ends up with basic loss offsets which will be no more beneficial than 21% of the loss. If you want to understand Group Relief read: http://www.tolleytaxtutor.co.uk/taxtutor/files/subscriber/business-tax/corporati
An Uncomfortable Truth
at 15:49:23

naa, So our publicly available accounts with listed income and expenditure are a work of fiction then? I suggest you contact the HMRC and let them know - I'm sure they'd be interested!
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