Submitted by giteam t3_yj2h09 in dataisbeautiful
knowknowknow t1_iulwkw0 wrote
They received £34m in tax credits? Why?
ExHax t1_ium1uyz wrote
Government paid them to pay player to swim in a pool of cash
[deleted] t1_iunce08 wrote
Likely against the loan interest they pay every year.
Mkwdr t1_iumatnm wrote
You can get a future tax break if you lose money this year? One might think that they find ways to make it look like it’s loss making which gives then credits for others years in which they slip up and look like they made a profit so they don’t have to pay tax then either? Or the owners make sure that they get paid plenty but the thing they own doesn’t officially make any money…. Nah, I’m sure that can’t happen.
Edit: I feel like I might need to add a /s to my last sentence?
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