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Yes less tax is paid but ultimately the net profit (after tax) is also less because of the loss making company. In simple terms its actually good for a company to be paying tax (after correctly taking into account all of the available allowances) because that translates into a measurement of success.
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Trouble with that is, if Batchelor gets stuck behind traffic, we all no what he does, Cooper would be late for the meeting
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My Star w / e 20th Dec arrived today, think I'm up to date now so all is well 😉. I also feel for Pinegen, always feel a bit guilty asking for replacements (copies missing after 3 days never turn up) but they are ok about it, apologise & send duplicates straight away. I've sometimes boiught another copy from likes of Asda / Tesco / TJ Jones / whoever but often there are none on the shelves, usually at the same time as my '3 days late & gon foreva' copies. Hmmm....
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You are correct. If company X makes a profit of 100 and company Z loses 50 then a person owning both companies would be worse off than if he only owned company X. He also doesn't get to offset the total loss of 50 in his tax return only the taxable value. So say he is due to pay 35% on his 100 profit i.e 35 he would be able to offset his loss of 50 x.35 = 17.50 giving a final tax calculation of 35 - 17.5 meaning he would pay only 17.5 instead of 35. So If he had one company that made 100 profit, after tax he would make 65 net. If he owned to companies, one making 100 and one losing 50 he would make 32.50 net Also worth considering that if a person owns two companies then they must be declared in the eyes of the taxman as being a part of a holding group or that a single person owns both.
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That's why I suggested him as a short term back-up option. Otherwise I would have said he would be a good signing full time. If he wanted to ride in the Champ only other option would be Scunthorpe, but would be tough to fit him in alongside Pickering. Credit to him for being brave enough to leave Champ behind & try to progress as a rider, if that's his plan, but kinda feel one season too early for that.
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May change his mind like cairns did last year 🙃 also could share a lift with batch to get to worky 😃
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Hoping there’ll be a Christmas present before Thursday, ie another rider.
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Read on here he has turned down the 2 offers, what they consisted of we don't know. I wouldn't be surprised if he didn't come back from his holiday and pick his toys back up, and find a way to get through 26.I hope so anyway.
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2026 Premiership is Go! - At least 5 teams
Garry1603 replied to RoundTheBoards's topic in SGB Premiership Speedway League
I agree, but they are finding it hard enough to sort out 2026 at this point, let alone 2027! -
Cool heads needed.
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It warrants a big build up as no one has any idea who it might be
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Welcome Cooper Rushen. Great enthusiastic young racer whom I would have loved to have seen in Worky Comets kevlars next season. Good luck for 2026 Coops. The Poole fans are indeed lucky to have two of the hottest young prospects in their team for 2026.
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Any chance you can explain to me your end game with your endless posting about how crap in your eyes one big league would be? Every time we go back and forth you agree with me that big changes are needed, you’ve even agreed with me that Ipswich don’t do everything right and that the top league isn’t sustainable as it is? We know you have disdain for the championship and the quality of it and of course Poole and Glasgow for not bowing down to Chris Louis and moving up a league. But I really don’t get your end game other than to act entitled and make on that you are cleverer than everyone else for thinking you’ve got the future of the sport sussed out?
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I'm pretty sure neither of those offers were from Blackrock... Happy Christmas Norby...
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Get what you’re saying,but that’s the state the sport in Uk.There’s no quick fix .IMO
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It’s a mouthwatering prospect isn’t it Taps. Excited already!!
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Berwick 2026
dontforgetthefueltapsbruv replied to Youhave2minutes's topic in SGB Championship League Speedway
Look forward to the One Big League in 2027 where the likes of Jack Smith will be needed to fill Second string slots...... -
SGB Championship 2026 Confirmed Signings
crescent girl replied to Paddy The Rebel's topic in SGB Championship League Speedway
Not pinned yet? Mods going to give us an Xmas present? -
It was just TTT wasn’t it Mike? A Peterborough fan..
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Birmingham closed due to development not self interest and having a pop at Oxford who have gone from three leagues to two is rich when Louis won’t even run a junior team, despite all the hype about a run of the mill, one off, end of season junior meeting being touted as the most innovative initiatives in decades. Spin at its finest.
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Birmingham closed due to development not self interest and having a pop at Oxford who have gone from three leagues to two is rich when Louis won’t even run a junior team, despite all the hype about a run of the mill, one off, end of season junior meeting being touted as the most innovative initiatives in decades. Spin at its finest.
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Normally with the rolling averages it'll take some time for big changes. But in Palovaara's case he'll be dropping his high scoring reserve rides first, so potentially gives Berwick room for manuvre. Normally I wouldn't expect a knee-jerk reaction from them if the team doesn't start well. But they made a quick change last year with Borke.