RE: In depth: new Range Rover
Discussion
audidoody said:
greggy50 said:
My boss turned up in a 62 plate 5.0 supercharged full fat today he clearly does not give a flying f
k about depreciation and said he will just get the new one when it comes out 
£1,000-plus a month business lease/contract hire (I'd guess) deductible from corporation tax. His own cash stays in the business/personal account (or wherever). Not his car though!k about depreciation and said he will just get the new one when it comes out whoami said:
audidoody said:
greggy50 said:
My boss turned up in a 62 plate 5.0 supercharged full fat today he clearly does not give a flying fk about depreciation and said he will just get the new one when it comes out
£1,000-plus a month business lease/contract hire (I'd guess) deductible from corporation tax. His own cash stays in the business/personal account (or wherever). Not his car though!k about depreciation and said he will just get the new one when it comes out "Exporters are generally good for the economy. However, consider that LR is effectively just an "offshore" (for them) manufacturing plant for an Indian owned parent. We benefit from the employment but the cash will all flow back to India. That's not to say that the UK do not benefit from these things but lets not fool ourselves that this is the same as a UK manufacturer and exporter in terms of benefit.
[/quote]"
I'm certainly no fool (hopefully that's not too big headed!) But I will challenge you to argue that an Indian owned UK motor manufacturer is ALMOST (lets say 95%) as good as a UK owned and based manufacturer. Indeed there is an equally compelling argument that having an Indian owner benefits the UK MORE than a UK owner. (I can spell out the potential reasons if you are not sure why).
"Cash will all flow back to India". I'll assume that's a typo.
One final point, why are the world's government's in a 'race to the bottom' in terms of corporation tax rates. Its not the CT take they are after, its the employment taxes and the other benefits arising from increased employment.
Anyone for the IFS conference next weekend!
PS. Congrats to Mr Loudly re new factory. Its about time someone stood up and explained, with a simple bit of O level maths, why the UK private sector is NOT in recession.
[/quote]"
I'm certainly no fool (hopefully that's not too big headed!) But I will challenge you to argue that an Indian owned UK motor manufacturer is ALMOST (lets say 95%) as good as a UK owned and based manufacturer. Indeed there is an equally compelling argument that having an Indian owner benefits the UK MORE than a UK owner. (I can spell out the potential reasons if you are not sure why).
"Cash will all flow back to India". I'll assume that's a typo.
One final point, why are the world's government's in a 'race to the bottom' in terms of corporation tax rates. Its not the CT take they are after, its the employment taxes and the other benefits arising from increased employment.
Anyone for the IFS conference next weekend!
PS. Congrats to Mr Loudly re new factory. Its about time someone stood up and explained, with a simple bit of O level maths, why the UK private sector is NOT in recession.
Edited by CRB1 on Saturday 8th September 13:26
Edited by CRB1 on Saturday 8th September 13:29
I'm not suggesting that JLR's presence in the UK is anything other than a good thing. My point was simply that a) the revenue will flow out of the country as/when the parent wishes it to (there are lots and lots of ways of achieving that other than a dividend). b) the lack of "nationalistic allegiance" to the UK makes the company much less sticky in the long term. c) JLR pay little/no UK corporation tax (to March 2012 JLR paid £26 million in tax on £1.5 billion of pre-tax profit).
To repeat it is great that JLR is based in the UK, but it's not the same as a UK owned and domiciled company.
To repeat it is great that JLR is based in the UK, but it's not the same as a UK owned and domiciled company.
Rocksteadyeddie said:
I'm not suggesting that JLR's presence in the UK is anything other than a good thing. My point was simply that a) the revenue will flow out of the country as/when the parent wishes it to (there are lots and lots of ways of achieving that other than a dividend). b) the lack of "nationalistic allegiance" to the UK makes the company much less sticky in the long term. c) JLR pay little/no UK corporation tax (to March 2012 JLR paid £26 million in tax on £1.5 billion of pre-tax profit).
To repeat it is great that JLR is based in the UK, but it's not the same as a UK owned and domiciled company.
My understanding of Tata is that they are a fantastic parent who have invested heavily in JLR and who are allowing JLR to re-invest in the future. That is why we have the new RR, new Defender coming, new Sport on the horizon, new F Type, AWD XJ and XF and other new products in the pipeline. Tata play the long game and although they have purchased many companies they have never sold one. They are probably the best thing to happen to JLR and in turn are great for Britain. Without Tata who knows where JLR would be now.To repeat it is great that JLR is based in the UK, but it's not the same as a UK owned and domiciled company.
whoami said:
How do you know this?
Well his last car was a merc cl 500 when he got rid of this for the ranger over it was only 18 months old and before that he ran a DB9 so doubt he is leasing them to be honest he seems to keep cars for a year at best and then gets bored according to people in the office. This range sounds fantastic however with the 5.0 supercharged shame they are not more of them around and to be ho nest I think he has the money and is enjoying himself got to go on his 53 foot fairline on Thursday
Rocksteadyeddie said:
I'm not suggesting that JLR's presence in the UK is anything other than a good thing. My point was simply that a) the revenue will flow out of the country as/when the parent wishes it to (there are lots and lots of ways of achieving that other than a dividend). b) the lack of "nationalistic allegiance" to the UK makes the company much less sticky in the long term. c) JLR pay little/no UK corporation tax (to March 2012 JLR paid £26 million in tax on £1.5 billion of pre-tax profit).
To repeat it is great that JLR is based in the UK, but it's not the same as a UK owned and domiciled company.
No it isn't the same but it isn't bad either, ownership of global corporations is a complex thing anyway, I own shares directly or indirectly in all sorts of companies around the world, many of us - if only through pension schemes and the like - do as well. Equally many companies in other countries are owned by British partent companies, it's the way of the modern world.To repeat it is great that JLR is based in the UK, but it's not the same as a UK owned and domiciled company.
WhereamI said:
sorry! Theres some 'interesting' colours, Madagascar orange and Spectoral lime both catch the eye! Then there's the question of what roof colour... Lots of scope to make it look really weird.
unrepentant said:
8vFTW said:
I hope those tossers at the LR design studio drown in their frothy cappuccino, they've successfully turned RR's into a blinged up tt wagon.
Going to trade in your 22 year old Golf for one were you?t wagon.I think the "tossers at the LR design studio" can probaly sleep well without worrying what you think.
Ever so sorry, I must have missed the part in the article that states only people who can afford to buy one are allowed to make a comment.
whoami said:
WhereamI said:
Anyway, I've just been and placed a deposit for a new 4.4 Autobiography.
What are they quoting as a delivery date?M Powered said:
WhereamI said:
Anyway, I've just been and placed a deposit for a new 4.4 Autobiography.
Excellent work, good choice of spec. It's going to be interesting to see the mix between 3.0 and 4.4.MSTRBKR said:
WhereamI said:
Anyway, I've just been and placed a deposit for a new 4.4 Autobiography.
Grats! Most of the critics won't be in a position to buy, so LR have got it right.Gassing Station | General Gassing | Top of Page | What's New | My Stuff