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Jacob Rees-Mogg manages to squeeze in a week a month at his investment company for £14k+
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Nah, you have to pay tax if you make a profit.
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It made £14.5m in profit in the last accounts
https://s3-eu-west-1.amazonaws.com/document-api-images-prod/docs/bMUoNtl_Kb_bOAPUGaD6v1Ye-lhiZ3MsOclyZIpjO78/application-pdf?AWSAccessKeyId=ASIAIAMSODKXGTY7FB5A&Expires=1500973617&Signature=i5oEf5ecP26t%2BYyFuHklJxwEWo0%3D&x-amz-security-token=FQoDYXdzEP%2F%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaDG9BCzpMw4woomAimiK3AxiHyE8lD6RHFZh%2Fbynwf%2FTvPEhE5zeTDS8RRa34M8UNGn10Ota8cC0oNTGTS%2BpBAokCWViTv3cb9YVkqU5C2xo%2Bt4ebTGKKuu6xd84rIlonmXdq31iS3aKy6nhsBAnW%2BXDHDdXbQo8ibi2EsJZoMe7eMH1DgKyyl2bLLBJ%2BfFERYHTNVb30LDzeztbUAndb1zGcDqZW%2BhXqDO782dZmLCSSbLeyuag%2BR0u1XAHsFnijfgzV4Zz8m0bsXv6J8%2BK80bdWU7JJG9ikELRnUJPEEsrU5OUdp2R%2FdQgcGNmv4G7x0YrKz%2BcKaKByMUgfbSwUemnfJRGL%2BdpHADtHWJnI5eJJVQDFy8X7XJ7do6%2FyUIOV9IWvjwBmuGOuhNYI41XZKIW1hQEBqHCujFfo%2FotjnGV83SFA7aE9%2BvO7%2BtWXwK9aVdawb2NbcuQNCireNfoV5JHERooMttxcH290VZbu4fySQrCTGFzwlF2FjnUz0mxMN3IvsRzxtfdmqIqbXcHw0QzRxMRHk6Bm9mcuUPef00utiF9jsLYNYyb%2F31J1%2BJz%2Byg%2B26%2Ff%2BWOTvXFSaUl44fj7lG%2FI1lN8owb7bywU%3D
Although if you read closely you'll see that the £6m of costs were paid to a company owned by Jacob Rees Mogg and a few others, and another £4m of costs were salaries ... -
What's the matter with these people. Do they have no imagination at all? The day I earn £6m in a year will be the last day I ever work and the first I go and do something interesting.
I'm aware that this attitude precludes me from ever earning £6m in a year mind :)
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Yes, but Somerset Capital Management is an LLP which means they defer taxation to the discretion of individual members. I.e Each person gets to decide how and where they pay their tax.
Its worth noting that SCM LLP has never paid Corporation Tax or NICS to my knowledge.
The interesting bits will (or won't) be in JRM's tax returns.
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JRM did say a while ago that every MP should release their tax returns. Did he ever do it?
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I don't think that's quite what he said. From memory it was more along the lines of MPs will eventually have to release their tax returns for transparency, not that he wants that to happen.
EDIT: Yes, he doesn't want to be the only one not releasing it, he's not driving it. From the sounds of things he'll be making use of any possible mechanism to reduce tax. http://www.bbc.co.uk/news/av/uk-politics-36014438/all-mps-will-have-to-publish-tax-returns-rees-mogg
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Yes Nigel, because then they will undestand Brexit?
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ah, thanks.
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This is interesting on Brexit from Jay Rayner;
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Have we done "Rees Mogg might be the next 4Chan/Russia promoted thing" yet?
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Yeah, quite interesting. Although somewhat distressingly the phrase 'agrarian fantasy' made me think about Theresa May running through fields of wheat.
How did you feel about this line?
The same arguments extend to both urban farming and ‘grow your own’.
They are interesting educationally. Allotments are good for mental
wellbeing and general fitness. But the carbon footprint of the food
produced tends to be appalling. -
True. I'm aware that even growing veg in my garden - on a smaller scale than an allotment - is ridiculously inefficient (even if it is fun).
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Yes. As I harvested my broad bean this year, netting about six decent portions, I thought of the cost of the initial plants, the compost, the water I've used, the netting I used to protect the plants, the fertilizer, the summer savoury plants I paired with then to keep pests away all of my time spent tending to them. Not to mention the council removing my green water after disposing of the plants and excess soil.
Probably cost me about 35p per bean.
Gardening is a hobby, not an industry.
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You can't put a price or an efficiency rating on gardening.
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Long live Brexit...
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