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This Tesco 'Loss' ?? (1 Viewer)

  • Thread starter Ashdown
  • Start date Apr 22, 2015
Forums New posts
A

Ashdown

Well-Known Member
  • Apr 22, 2015
  • #1
over £6 Bn !! It's just another big tax fiddle isn't it ultimately. Basically most of it is write downs on the value of property....................more high level tax avoidance !
 

chiefdave

Well-Known Member
  • Apr 22, 2015
  • #2
Oddly their share price has gone up after they announced this! Seems to be based on the idea that the worst is over and it will get better from here.
 
A

Ashdown

Well-Known Member
  • Apr 22, 2015
  • #3
It's not that odd, it's what high level accountants can do for you. I'm sure this clever little ploy will wipe out the obligation to pay tax on about two years trading profits !!
 
W

wingy

Well-Known Member
  • Apr 22, 2015
  • #4
Ashdown said:
It's not that odd, it's what high level accountants can do for you. I'm sure this clever little ploy will wipe out the obligation to pay tax on about two years trading profits !!
Click to expand...

Sounds like the Innocents IE staff will pay the price through reduced pension benefits

What a poorly run business In such dire times thinking they could maintain a premium of 10-20% over other outlets for what In reality was standard economy goods
 

Houchens Head

Fairly well known member from Malvern
  • Apr 22, 2015
  • #5
This is where it went! (my receipt from a few days ago!)

 

Attachments

  • Tesco6billsm.jpg
    69.7 KB · Views: 39
C

Cov City Daytrader 87

Well-Known Member
  • Apr 22, 2015
  • #6
chiefdave said:
Oddly their share price has gone up after they announced this! Seems to be based on the idea that the worst is over and it will get better from here.
Click to expand...

The share price was down today.

https://uk.finance.yahoo.com/q?s=TSCO.L
 
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