Will May Pay or Hope it Fades Away? £55b exit bill...

Will May Pay or Hope it Fades Away? £55b exit bill...

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Discussion

Toaster

2,939 posts

195 months

Friday 1st September 2017
quotequote all
Robertj21a said:
You jest I trust !

All we need is to get out.
Why do we need to get out? as a country we don't live in a vacuum and how valid will our and others trade agreements be if we just renage on any commitments we have as a country.

sidicks

25,218 posts

223 months

Friday 1st September 2017
quotequote all
Toaster said:
Why do we need to get out? as a country we don't live in a vacuum and how valid will our and others trade agreements be if we just renage on any commitments we have as a country.
No trade commitments are being renaged. HTH

BTW - do you have tax avoidance advice to share with us on the other thread?!
wavey

Edited by sidicks on Friday 1st September 21:27

Earthdweller

13,661 posts

128 months

Friday 1st September 2017
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johnxjsc1985 said:
Tryke3 said:
You make it sound really simple, point is that when the budget is set is for 7 years, this is not done in one payment and everything we agreed to spend on has to be paid

I agree not to pay the bill but i guess mass unemployment and rioting is not something we should look forward too.

We need the eu a lot more than they need us, this is what i think and everyone who thinks we are still a commamders of the world should have a quiet word with themselves
£60 billion trade deficit with the EU , So who needs who because we can recoup some if not all of our trade with the EU where will they recoup our losses.
I agree John, however the EU are not negotiating from a realistic economic position but from a politically ideological one

Therein lies the problem

I have a lot of family in the EU mainly Ireland .. a number of them run their own busineses

They all think that the UK will be just fine and prosper ., one is opening a new office in the U.K. As we speak to take advantage

They are very concerned about the effect on Ireland of their biggest market and supporter being taken out

I think 90% of all their agricultural exports are to the UK

My brother in law has a very large beef herd .. argentine or Aussie beef tastes just the same !

The U.K. leaving "could" have a devastating effect on the Irish economy

There are similarities across a number of EU countries and businesses are increasingly getting concerned

But for the leaders the ideological project must come first .. I feel Rome is burning

loafer123

15,468 posts

217 months

Friday 1st September 2017
quotequote all

It would appear the pragmatic approach is gaining popularity...

http://uk.reuters.com/article/uk-britain-eu-money/...

Fittster

20,120 posts

215 months

Friday 1st September 2017
quotequote all
johnxjsc1985 said:
until we get to speak with the Organ grinders all of this is pointless and the less we see of Juncker the better for all concerned
The greeks had the same idea: https://www.bloomberg.com/news/articles/2017-09-01...


Robertj21a

16,496 posts

107 months

Friday 1st September 2017
quotequote all
Toaster said:
Why do we need to get out? as a country we don't live in a vacuum and how valid will our and others trade agreements be if we just renage on any commitments we have as a country.
Who suggested reneging on commitments ?

As long as we get out of the EU asap then I'm sure many people will be happy. Whether that decision is correct we'll probably not know for decades.

sidicks

25,218 posts

223 months

Friday 1st September 2017
quotequote all
Fittster said:
johnxjsc1985 said:
until we get to speak with the Organ grinders all of this is pointless and the less we see of Juncker the better for all concerned
The greeks had the same idea: https://www.bloomberg.com/news/articles/2017-09-01...
I'm pretty sure we have a much stronger negotiating position than the Greeks!

Toaster

2,939 posts

195 months

Friday 1st September 2017
quotequote all
jsf said:
Using your analogy, you took out a 7 year rental agreement with a 2 year break clause. You gambled that the tenant would see through the full term and built your future spending commitments based on the full 7 year rental income. Now the tenant has issued their 2 year break clause and you are trying to strong arm them in to paying the remaining years beyond the 2 years you are legally entitled to.

The tenant is telling you, quite rightly to fk off.

Now you are in the st because there is no chance you can get another tenant to fill the missing years income. So what do you do, cut your outgoings to align with your new income level or instruct a bunch of gangsters to break your tenants legs?


You don't get it do you.......its a legal agreement you can't just walk away you have to pay what is in the contract, the gangsters you refer to are called bailiffs who would be called in by the courts to have the tenant settle a bill they had initially agreed to.

sidicks

25,218 posts

223 months

Friday 1st September 2017
quotequote all
Toaster said:
You don't get it do you.......its a legal agreement you can't just walk away you have to pay what is in the contract, the gangsters you refer to are called bailiffs who would be called in by the courts to have the tenant settle a bill they had initially agreed to.
You certainly don't get it (like so many things you choose to comment on!).

What is in the contract - which of our commitments have we refused to pay?

anonymous-user

56 months

Friday 1st September 2017
quotequote all
Toaster said:
jsf said:
Using your analogy, you took out a 7 year rental agreement with a 2 year break clause. You gambled that the tenant would see through the full term and built your future spending commitments based on the full 7 year rental income. Now the tenant has issued their 2 year break clause and you are trying to strong arm them in to paying the remaining years beyond the 2 years you are legally entitled to.

The tenant is telling you, quite rightly to fk off.

Now you are in the st because there is no chance you can get another tenant to fill the missing years income. So what do you do, cut your outgoings to align with your new income level or instruct a bunch of gangsters to break your tenants legs?


You don't get it do you.......its a legal agreement you can't just walk away you have to pay what is in the contract, the gangsters you refer to are called bailiffs who would be called in by the courts to have the tenant settle a bill they had initially agreed to.
Let me get this straight.

I have a rental agreement with you for a 7 year period with a 2 year break clause.

I decide to issue the break clause at the start of year 3.

This means I am obliged to pay the rent up to the start of year 5, something I am doing and will do until I hand the keys back at the start of year 5.

Yet you want me to pay my rent until the end of year 7, ignoring the 2 year break I enacted under the agreement.

It's clearly you that doesn't get it.

CaptainSlow

13,179 posts

214 months

Friday 1st September 2017
quotequote all
sidicks said:
Toaster said:
Why do we need to get out? as a country we don't live in a vacuum and how valid will our and others trade agreements be if we just renage on any commitments we have as a country.
No trade commitments are being renaged. HTH

BTW - do you have tax avoidance advice to share with us on the other thread?!
wavey

Edited by sidicks on Friday 1st September 21:27
Has he/she shared their impressive tax knowledge yet or are we still waiting? Seems Toaster talks out his/her backside.

sidicks

25,218 posts

223 months

Friday 1st September 2017
quotequote all
CaptainSlow said:
Has he/she shared their impressive tax knowledge yet or are we still waiting? Seems Toaster talks out his/her backside.
Still waiting - lots of nonsense posted, nothing to support that nonsense!

Murph7355

37,848 posts

258 months

Friday 1st September 2017
quotequote all
Toaster said:
You don't get it do you.......its a legal agreement you can't just walk away you have to pay what is in the contract, the gangsters you refer to are called bailiffs who would be called in by the courts to have the tenant settle a bill they had initially agreed to.
If there was a "contract" or cast iron "commitment" they would have produced the itemised list and stuck to it. Not cast out bullst figure after bullst figure or ask us what we think we "owe".

EU budgets are one more reason why we need to get out. They are a shambles, and how on Earth Cameron's "deal" could ever be workable in that context I do not know.

powerstroke

10,283 posts

162 months

Friday 1st September 2017
quotequote all
Well what a surprise the gravy train is in oh dear what do we do next mode ,hopefully common sense will prevail
but judgeing by the way they act in the face of financial problems like southern europe they will do anything but something
sensible , best to walk away and wait for national Governments to take the place of the circus that we know as the EU..
I remember now why I voted leave ,, shower of tts or is that unfair to tts???

JagLover

42,600 posts

237 months

Saturday 2nd September 2017
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loafer123 said:
It would appear the pragmatic approach is gaining popularity...

http://uk.reuters.com/article/uk-britain-eu-money/...
That has always been the pragmatic solution. A transition agreement up until the end of 2020 where we continue to pay our contributions.

Reaches the end of the budget cycle and gives a nearly two year transition period.

Mrr T

12,357 posts

267 months

Saturday 2nd September 2017
quotequote all
loafer123 said:
Mrr T said:
jsf said:
Whatever system is implemented will take time to put into place, because it takes time does not mean it isn't the right approach.
The offer the UK has made to EU citizens in the UK is not contentious, it gives EU citizens a stable rights package, I don't see any EU migrants who wish to live here upset by the offer.
Did you think about this before posting.

According to our brexit buffoons post March 2019 the UK will have control on immigration from the EU.

So how is this going to work.

At the moment we control immigration from outside the EU with a visa system and legal penalties for employers who employ some one with no right to work.

So as of March 2019 the UK will have 3m EU citizens which a right to work but no evidence they have a right to work. Does that mean they cannot move jobs, how about if they are made redundant? These people also have rights to benefits, how do you decide who can access benefits when they have no paper work.

How about travel. Can they leave the UK on holidays and return. What happens at the Uk border, they will have the rights to enter as tourists (I assume we will not require EU citizens to have tourist visas), but no evidence they can work.

I also like the idea the UK can control immigration on this basis. Until the new documentation is fully completed any one from the EU can wander in apply for a job and just tell the employer they have been in the UK since before the date the Government will not tell us about.

Let’s say with a lot of investment the Border Agency will be lucky to process a 200/300k applications a year. Even with a lot of investment in staff and systems (this will also a new status so the rules need to be agreed) they might get to process 500k applications a year, That’s 6 years if they start now. It’s a mess,
They manage it in most countries. I'm sure we can cope.

Apply for a work permit online, providing evidence of length of stay, signed by your employer.
I am always amused by a post such as this. I have to assume the poster has little ability to think through problems and has never dealt with state bureaucracy.

So a few questions. What happens if you have not worked for the employer for five years, what happens if for all or some of the five years you where, self employed, house wife/husband, retired, a student.

The UK permanent residency application form is 65 pages long. I helped some one fill one in a while ago they had to also send 30 other documents as supporting evidence.

The application was refused because in processing the application the Border Agency managed to lose some of the documents.

Currently the Border Agency is only processing about 100k applications a year.

confused_buyer

6,660 posts

183 months

Saturday 2nd September 2017
quotequote all
Fittster said:
It is exactly what happened with the Greeks. After months of talks with Finance Ministers going nowhere the final deal was done at a special Heads of Government meeting and hammered out between basically Tsipras and Merkel in a locked room.

Now, the Greeks might not have got the deal they liked but the fact remains in the end it took the Adults (HoG) to hammer it out in a Summit after weeks of squabbling by the Children (Ministers).

Burwood

18,709 posts

248 months

Saturday 2nd September 2017
quotequote all
JagLover said:
loafer123 said:
It would appear the pragmatic approach is gaining popularity...

http://uk.reuters.com/article/uk-britain-eu-money/...
That has always been the pragmatic solution. A transition agreement up until the end of 2020 where we continue to pay our contributions.

Reaches the end of the budget cycle and gives a nearly two year transition period.
Continue to pay 6-8b per annum indefinitely. I have no problem with that.

sidicks

25,218 posts

223 months

Saturday 2nd September 2017
quotequote all
Burwood said:
Continue to pay 6-8b per annum indefinitely. I have no problem with that.
On what possible grounds?

Robertj21a

16,496 posts

107 months

Saturday 2nd September 2017
quotequote all
Burwood said:
Continue to pay 6-8b per annum indefinitely. I have no problem with that.
Sarcastic ?