Prince Charles, Unfair Advantage Over Competition

[cookiemonsterandmerlin 145]

f*****g hell, that's 2 nil to me, anybody else want a go

I would but I am too busy dusting

[WILF 46,811]

f*****g hell, that's 2 nil to me, anybody else want a go

 

......2 nil at what you f***ing idiot?..........2 nil because its easy to see your taking the old brasso to others peoples writing? .............zzzzzzzzzzzzzz..............zzzzzzzzzzzzz

[cookiemonsterandmerlin 145]

Prince Charless burgeoning estate of land, properties and businesses, which generate £19m of personal income each year, should be investigated for tax purposes, an influential committee of MPs has claimed.
The Treasury has been urged to look at whether the Duchy of Cornwall has an unfair advantage over commercial rivals, because its royal status gives it exemption from corporation tax and capital gains tax.
In a far-reaching report on the Duchy of Cornwalls accounts, the House of Commons Public Accounts Committee (PAC) called for the Princes income tax arrangements to be opened up to scrutiny to improve transparency.
In the past financial year, the Duchy of Cornwall generated £28.8m and the Prince received an income of £19m, up 4 per cent on the year before. The money is partly used to fund his official duties and the Prince voluntarily pays income tax on the cash left after costs, about £9.2m last year.
The combined total of income tax and VAT paid by the Prince of Wales was £4.4m, the report said. This amount was not broken down into its two elements and so it is not [clear] precisely how much, and what rate of, income tax is paid by the Prince of Wales (though we acknowledge the duchy having told us that the vast majority of the £4.4m is income tax).
Labours Margaret Hodge, who chairs the committee, said: The Treasury does not do enough to properly scrutinise the duchys finances. It relies on the duchy to provide it with accurate information without carrying out its own independent checks.
The duchy enjoys an exemption from paying tax even though it engages in a range of commercial activities. This tax exemption may give it an unfair advantage over its competitors who do pay corporation and capital gains tax.
As well as accusing the Treasury of failing properly to scrutinise the duchys finances, MPs called for the duchys centuries-old charter, which gives its tax-exempt status, to be reformed, claiming it has not kept pace with constitutional change because it can only be passed to a male heir.
Prince Charless wealth is mostly derived from the duchy, which was established by charter in 1337 when Edward III made his son Duke of Cornwall. Its main function is to provide the heir to the throne with an income independent of the sovereign.

 

 

I done this all by myself using

[Suzy Ross 236]

 

 

f*****g hell, that's 2 nil to me, anybody else want a go

......2 nil at what you f*****g idiot?..........2 nil because its easy to see your taking the old brasso to others peoples writing? .............zzzzzzzzzzzzzz..............zzzzzzzzzzzzz

I knew that would put you back on the hook...... My reels screaming man, quick, throw some water on it

[Suzy Ross 236]

Prince Charless burgeoning estate of land, properties and businesses, which generate £19m of personal income each year, should be investigated for tax purposes, an influential committee of MPs has claimed.

The Treasury has been urged to look at whether the Duchy of Cornwall has an unfair advantage over commercial rivals, because its royal status gives it exemption from corporation tax and capital gains tax.

In a far-reaching report on the Duchy of Cornwalls accounts, the House of Commons Public Accounts Committee (PAC) called for the Princes income tax arrangements to be opened up to scrutiny to improve transparency.

In the past financial year, the Duchy of Cornwall generated £28.8m and the Prince received an income of £19m, up 4 per cent on the year before. The money is partly used to fund his official duties and the Prince voluntarily pays income tax on the cash left after costs, about £9.2m last year.

The combined total of income tax and VAT paid by the Prince of Wales was £4.4m, the report said. This amount was not broken down into its two elements and so it is not [clear] precisely how much, and what rate of, income tax is paid by the Prince of Wales (though we acknowledge the duchy having told us that the vast majority of the £4.4m is income tax).

Labours Margaret Hodge, who chairs the committee, said: The Treasury does not do enough to properly scrutinise the duchys finances. It relies on the duchy to provide it with accurate information without carrying out its own independent checks.

The duchy enjoys an exemption from paying tax even though it engages in a range of commercial activities. This tax exemption may give it an unfair advantage over its competitors who do pay corporation and capital gains tax.

As well as accusing the Treasury of failing properly to scrutinise the duchys finances, MPs called for the duchys centuries-old charter, which gives its tax-exempt status, to be reformed, claiming it has not kept pace with constitutional change because it can only be passed to a male heir.

Prince Charless wealth is mostly derived from the duchy, which was established by charter in 1337 when Edward III made his son Duke of Cornwall. Its main function is to provide the heir to the throne with an income independent of the sovereign.

 

 

I done this all by myself using

..........tumbleweed....tumbleweed.......tumbleweed

[WILF 46,811]

 

 

f*****g hell, that's 2 nil to me, anybody else want a go

......2 nil at what you f*****g idiot?..........2 nil because its easy to see your taking the old brasso to others peoples writing? .............zzzzzzzzzzzzzz..............zzzzzzzzzzzzz

I knew that would put you back on the hook...... My reels screaming man, quick, throw some water on it

 

 

Don't know how you find time to start all these boring topics, trawl the net for other peoples work to rip off and keep the ferret equivalent of "Delta Force" in tip top condition...........your a winner, that's for sure

[cookiemonsterandmerlin 145]

Thought it was half term last week unless scotland has diffrent term times

Edited November 6, 2013 by cookiemonsterandmerlin

[Suzy Ross 236]

 

 

 

 

f*****g hell, that's 2 nil to me, anybody else want a go

......2 nil at what you f*****g idiot?..........2 nil because its easy to see your taking the old brasso to others peoples writing? .............zzzzzzzzzzzzzz..............zzzzzzzzzzzzz

I knew that would put you back on the hook...... My reels screaming man, quick, throw some water on it

Don't know how you find time to start all these boring topics, trawl the net for other peoples work to rip off and keep the ferret equivalent of "Delta Force" in tip top condition...........your a winner, that's for sure

£100 Rodney, this time next year, you could be a millionaiiiiiiirrrreeeee

[WILF 46,811]

 

 

 

 

f*****g hell, that's 2 nil to me, anybody else want a go

......2 nil at what you f*****g idiot?..........2 nil because its easy to see your taking the old brasso to others peoples writing? .............zzzzzzzzzzzzzz..............zzzzzzzzzzzzz

I knew that would put you back on the hook...... My reels screaming man, quick, throw some water on it

Don't know how you find time to start all these boring topics, trawl the net for other peoples work to rip off and keep the ferret equivalent of "Delta Force" in tip top condition...........your a winner, that's for sure

£100 Rodney, this time next year, you could be a millionaiiiiiiirrrreeeee

 

 

You cant afford £100 ya wally, that would be most of your giro gone .............leave money talk to the grown ups theres a good lad

[cookiemonsterandmerlin 145]

 

 

 

 

 

f*****g hell, that's 2 nil to me, anybody else want a go

......2 nil at what you f*****g idiot?..........2 nil because its easy to see your taking the old brasso to others peoples writing? .............zzzzzzzzzzzzzz..............zzzzzzzzzzzzz

I knew that would put you back on the hook...... My reels screaming man, quick, throw some water on it

Don't know how you find time to start all these boring topics, trawl the net for other peoples work to rip off and keep the ferret equivalent of "Delta Force" in tip top condition...........your a winner, that's for sure

£100 Rodney, this time next year, you could be a millionaiiiiiiirrrreeeee

 

 

You cant afford £100 ya wally, that would be most of your giro gone .............leave money talk to the grown ups theres a good lad

 

Heshe is not on the Giro WILF heshe writes for the times

[kranky 507]

Ahhhhhhhh, he's back!! You fooled me, you big fanny! Good work!

[charlie caller 3,654]

Thats what we need , another bleating liberal anti royalist tosser, probably thinks we have been enriched by multiculturalism as well

[j j m 6,539]

agree with paulus on this one

[The one 8,477]

He was born with the silver spoon in the mouth and preaches grow green what what he have been if he wasn't born into the firm , his old mums no even wanting to step down and let him be crowned

[hutch6 550]

The maths is simple.

 

It costs approx £40million per year to have the royal family. The public purse makes £200million form their lands due to an agreement made by Georgie No.3 with parliament that all land profits got to the public quoffers.

 

£200million - £40million = £160millon in the public bank account.