The government are doing well out of this,5% vat will now be charged on the new higher tariffs,so they could get around 50% more in vat payments.Please anyone correct me if this is wrong.
5% VAT on domestic fuel and power, but 20% on non-domestic.
So the Treasury coffers will be raking in even more on the bills paid by businesses that can't recover all of the VAT they incur - banking, insurance, financial services, charities, funeral directors, some educational institutions, trade unions, political parties, to name a few!
The government are doing well out of this,5% vat will now be charged on the new higher tariffs,so they could get around 50% more in vat payments.Please anyone correct me if this is wrong.
But then they are paying £200 of this back to each customer? So not doing so well?
Which we pay back,so if rates dont go down,we are doubly bollocksed next year.
The government are doing well out of this,5% vat will now be charged on the new higher tariffs,so they could get around 50% more in vat payments.Please anyone correct me if this is wrong.
But then they are paying £200 of this back to each customer? So not doing so well?
Which we pay back,so if rates dont go down,we are doubly bollocksed next year.
Exactly my thought the moment it was announced. Another totally shit idea from the totally shit idea factory.
The French know how to get there government to produce for the people if there politicians shit on them they riot and get action from there government. We got public school knob heads arguing about if they had parties or work meetings and not giving a shit about the people. They could cut the vat on energy and petrol by half and still get the same money coming in because the prices have gone up so much.
I support a riot. Get Nigel Farage in. Them Nigel’s know how to run the show
The government are doing well out of this,5% vat will now be charged on the new higher tariffs,so they could get around 50% more in vat payments.Please anyone correct me if this is wrong.
5% VAT on domestic fuel and power, but 20% on non-domestic.
So the Treasury coffers will be raking in even more on the bills paid by businesses that can't recover all of the VAT they incur - banking, insurance, financial services, charities, funeral directors, some educational institutions, trade unions, political parties, to name a few!
Mr. Treasury's coffers will certainly be full. He will be able to waste money on even bigger mansions and have servants do his cleaning.
It's a pity VAT doesn't go to the government so it can be spent on things like hospitals and transport infrastructure.
The French know how to get there government to produce for the people if there politicians shit on them they riot and get action from there government. We got public school knob heads arguing about if they had parties or work meetings and not giving a shit about the people. They could cut the vat on energy and petrol by half and still get the same money coming in because the prices have gone up so much.
I support a riot. Get Nigel Farage in. Them Nigel’s know how to run the show
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
Just had to up my monthly payment by £110 a month to £350 a month
£350 a month?
Yes, my bill for the last 2 months was £521 & £493, never get an aga!!
Blimey where do you live MIA. Just worked out my 3 month bill. 3 bed semi detached out in the country, wife at home all day pretending to be working with 3 screens on. £300 for the 3 months.
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
And today BP announced their highest profits for 8 years, $12.8billion…. Shell reported profits of $19bn last week.
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
And today BP announced their highest profits for 8 years, $12.8billion…. Shell reported profits of $19bn last week.
Disgusting.
This might be a bit Seth but even I think a windfall tax is required
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
And today BP announced their highest profits for 8 years, $12.8billion…. Shell reported profits of $19bn last week.
Disgusting.
This might be a bit Seth but even I think a windfall tax is required
Imagine a world where windfall tax existed and the NI rise wasn’t needed….
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
And today BP announced their highest profits for 8 years, $12.8billion…. Shell reported profits of $19bn last week.
Disgusting.
It is if they don't pay tax on it. Otherwise it drives an enormous contribution to the finances of the UK and other countries in which they operate. Profits are not inherently evil.
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
And today BP announced their highest profits for 8 years, $12.8billion…. Shell reported profits of $19bn last week.
Disgusting.
It is if they don't pay tax on it. Otherwise it drives an enormous contribution to the finances of the UK and other countries in which they operate. Profits are not inherently evil.
Most of their revenue comes from the north sea and the exchequer get a big chunk in taxes, and BP shares will be in the vast majority of pension funds. They also lost $6 billion in 2020, such is the nature of oil and gas price fluctuation. They are also committing to spend 30% of their net revenue on renewables/low carbon energy between now and 2030.
Just had to up my monthly payment by £110 a month to £350 a month
£350 a month?
Yes, my bill for the last 2 months was £521 & £493, never get an aga!!
Am in the same boat MIA. Did the sums last week and our annual bill would more than double to over £8,000 when our fixed-rate expires this year (half of which is our old-style 13-amp AGA). Told the Mrs, I'm turning the bloody thing off or selling the children! /
Just had to up my monthly payment by £110 a month to £350 a month
£350 a month?
Yes, my bill for the last 2 months was £521 & £493, never get an aga!!
Am in the same boat MIA. Did the sums last week and our annual bill would more than double to over £8,000 when our fixed-rate expires this year (half of which is our old-style 13-amp AGA). Told the Mrs, I'm turning the bloody thing off or selling the children! /
Are AGA's that juicy? As stated above I have a 32amp hot tub that is hard wired (not a 3 pin plug) and is on 24/7 for heating/temperature purposes. We use it at least once a week where the pumps and lights are added to the consumption yet my bills are nowhere near what's being quoted on here.
Just had to up my monthly payment by £110 a month to £350 a month
£350 a month?
Yes, my bill for the last 2 months was £521 & £493, never get an aga!!
Am in the same boat MIA. Did the sums last week and our annual bill would more than double to over £8,000 when our fixed-rate expires this year (half of which is our old-style 13-amp AGA). Told the Mrs, I'm turning the bloody thing off or selling the children! /
Are AGA's that juicy? As stated above I have a 32amp hot tub that is hard wired (not a 3 pin plug) and is on 24/7 for heating/temperature purposes. We use it at least once a week where the pumps and lights are added to the consumption yet my bills are nowhere near what's being quoted on here.
Switched from Shell to Octopus...been a decent decision so far.
Octopus have been great for me. Their referral system is a godsend too, I think i've signed 6 people up which a free £300 for me and £50 for each of the people i've referred
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
And today BP announced their highest profits for 8 years, $12.8billion…. Shell reported profits of $19bn last week.
Disgusting.
It is if they don't pay tax on it. Otherwise it drives an enormous contribution to the finances of the UK and other countries in which they operate. Profits are not inherently evil.
And the shareholders of these companies who benefit from these profits are mostly... pension funds!
As Supertramp once said.
Who are these men of lust greed and glory? blah blah blah Look there's you and there's me!
Some of the figures being bandied about on here are eye watering. We’re one of the richest nations on earth and people are actually having to decide to eat or stay warm. Something has gone horribly wrong somewhere.
We elected the wrong politicians. France 4% cap, Germany 5%. France are forcing EDF to subsidise energy out of their enormous profits, whereas in the UK I believe Shell have announced a 14 fold increase in profits...
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
And today BP announced their highest profits for 8 years, $12.8billion…. Shell reported profits of $19bn last week.
Disgusting.
It is if they don't pay tax on it. Otherwise it drives an enormous contribution to the finances of the UK and other countries in which they operate. Profits are not inherently evil.
And the shareholders of these companies who benefit from these profits are mostly... pension funds!
As Supertramp once said.
Who are these men of lust greed and glory? blah blah blah Look there's you and there's me!
I don't believe this is the case any longer.
"Analysis of official statistics shows that the proportion of UK shares directly held by UK pension funds fell from almost one in three in 1990 to less than one in 25 by 2018 – a decline of over 90 per cent. Most UK shares are now held by overseas investors. The proportion of UK shares owned by overseas investors rose from 12 per cent in 1990 to 55 per cent in 2018.
In addition to direct share ownership, some pension funds will own shares indirectly through pooled funds controlled by insurance companies and asset managers. Examining the data on this, we conclude that in total UK pension funds own directly or indirectly under six per cent of UK shares..."
The report is understandably a little biased but I fully agree that public companies should be legally obliged to consider their employees and customers more and their shareholders less.
Right now I'm trying to get to the bottom of why - just when we switched providers - our annual electricity consumption apparently rose in 2021 by 29%. There is no obvious reason for it, (e.g the central heating is gas fired). I have cranked up my British made Owl consumption reader (don't know if anyone has one, y'all got smart meters instead, I suppose). It does still seem to work fine but so far an obvious juice guzzler has not been identified.
However funny enough a couple of years ago in the office we had a similar problem with our bills and we eventually traced the culprit to the small standalone fridge. My question then is, how to see the impact of the fridge (and freezers) on the Owl reading? It looks like the fridge only sucks juice for a relatively small period at a time, rather than continuously. Does anyone have an idea how many kilowatts a medium sized fridge would register on an Owl if it is working normally? With this one, it looks like an extra 0.09Kw is added on the meter when I can hear the fridge motor running. It does not seem like a lot, but I have no clue, and on the web I have not found anything like a table which shows how much juice various appliances use. All I have learnt is general stuff, such as the 'wet' machines are the most energy consuming (washing machine, dishwasher in our case, and we just bought a new AEG washing machine during 2021 which ought to be consuming a lot less juice than the 24 year old Bosch washer/dryer it replaced).
Any advice or suggested clues would be much appreciated!
Right now I'm trying to get to the bottom of why - just when we switched providers - our annual electricity consumption apparently rose in 2021 by 29%. There is no obvious reason for it, (e.g the central heating is gas fired). I have cranked up my British made Owl consumption reader (don't know if anyone has one, y'all got smart meters instead, I suppose). It does still seem to work fine but so far an obvious juice guzzler has not been identified.
However funny enough a couple of years ago in the office we had a similar problem with our bills and we eventually traced the culprit to the small standalone fridge. My question then is, how to see the impact of the fridge (and freezers) on the Owl reading? It looks like the fridge only sucks juice for a relatively small period at a time, rather than continuously. Does anyone have an idea how many kilowatts a medium sized fridge would register on an Owl if it is working normally? With this one, it looks like an extra 0.09Kw is added on the meter when I can hear the fridge motor running. It does not seem like a lot, but I have no clue, and on the web I have not found anything like a table which shows how much juice various appliances use. All I have learnt is general stuff, such as the 'wet' machines are the most energy consuming (washing machine, dishwasher in our case, and we just bought a new AEG washing machine during 2021 which ought to be consuming a lot less juice than the 24 year old Bosch washer/dryer it replaced).
Any advice or suggested clues would be much appreciated!
Check the wife’s bedroom drawer, could be a power guzzler in there, your unaware of……
Right now I'm trying to get to the bottom of why - just when we switched providers - our annual electricity consumption apparently rose in 2021 by 29%. There is no obvious reason for it, (e.g the central heating is gas fired). I have cranked up my British made Owl consumption reader (don't know if anyone has one, y'all got smart meters instead, I suppose). It does still seem to work fine but so far an obvious juice guzzler has not been identified.
However funny enough a couple of years ago in the office we had a similar problem with our bills and we eventually traced the culprit to the small standalone fridge. My question then is, how to see the impact of the fridge (and freezers) on the Owl reading? It looks like the fridge only sucks juice for a relatively small period at a time, rather than continuously. Does anyone have an idea how many kilowatts a medium sized fridge would register on an Owl if it is working normally? With this one, it looks like an extra 0.09Kw is added on the meter when I can hear the fridge motor running. It does not seem like a lot, but I have no clue, and on the web I have not found anything like a table which shows how much juice various appliances use. All I have learnt is general stuff, such as the 'wet' machines are the most energy consuming (washing machine, dishwasher in our case, and we just bought a new AEG washing machine during 2021 which ought to be consuming a lot less juice than the 24 year old Bosch washer/dryer it replaced).
Any advice or suggested clues would be much appreciated!
Check the wife’s bedroom drawer, could be a power guzzler in there, your unaware of……
Comments
So the Treasury coffers will be raking in even more on the bills paid by businesses that can't recover all of the VAT they incur - banking, insurance, financial services, charities, funeral directors, some educational institutions, trade unions, political parties, to name a few!
It's a pity VAT doesn't go to the government so it can be spent on things like hospitals and transport infrastructure.
We must stop electing public school boys - how can they possibly understand having to choose between eating and heating. Sunak's wife is richer than the Queen for gawds sake!
If you were to add other Bill's on top
Council tax , water , internet that would be a mortgage.
Just worked out my 3 month bill.
3 bed semi detached out in the country, wife at home all day pretending to be working with 3 screens on.
£300 for the 3 months.
Shell reported profits of $19bn last week.
Profits are not inherently evil.
Two sides to every coin.
As Supertramp once said.
Who are these men of lust greed and glory?
blah blah blah
Look there's you and there's me!
"Analysis of official statistics shows that the proportion of UK shares directly held by UK pension funds fell from almost one in three in 1990 to less than one in 25 by 2018 – a decline of over 90 per cent. Most UK shares are now held by overseas investors. The proportion of UK shares owned by overseas investors rose from 12 per cent in 1990 to 55 per cent in 2018.
In addition to direct share ownership, some pension funds will own shares indirectly through pooled funds controlled by insurance companies and asset managers. Examining the data on this, we conclude that in total UK pension funds own directly or indirectly under six per cent of UK shares..."
https://www.tuc.org.uk/research-analysis/reports/do-dividends-pay-our-pensionsThe report is understandably a little biased but I fully agree that public companies should be legally obliged to consider their employees and customers more and their shareholders less.
However funny enough a couple of years ago in the office we had a similar problem with our bills and we eventually traced the culprit to the small standalone fridge. My question then is, how to see the impact of the fridge (and freezers) on the Owl reading? It looks like the fridge only sucks juice for a relatively small period at a time, rather than continuously. Does anyone have an idea how many kilowatts a medium sized fridge would register on an Owl if it is working normally? With this one, it looks like an extra 0.09Kw is added on the meter when I can hear the fridge motor running. It does not seem like a lot, but I have no clue, and on the web I have not found anything like a table which shows how much juice various appliances use. All I have learnt is general stuff, such as the 'wet' machines are the most energy consuming (washing machine, dishwasher in our case, and we just bought a new AEG washing machine during 2021 which ought to be consuming a lot less juice than the 24 year old Bosch washer/dryer it replaced).
Any advice or suggested clues would be much appreciated!