If that £28 billion was spent on, I don't know, Guinness in the EDT, it would raise cash through VAT and alcohol duty.
If it was invested, say in Diageo (the parent company of Guinness), those dividends would be subject to CGT.
I have no wish to pay more tax, but it seems like a significant loophole, and one that wouldn't affect me, so I'm in favour of it.
I have now had a reply from the leisure centre about why I am not entitled to a refund for my children's swimming lessons:
To qualify for a refund, members must meet all of the following criteria:
Have only ever used the swimming pool at Dulwich Leisure Centre, and not any other facilities such as the gym or fitness classes.
Have not used any other Southwark Leisure Centres while the Dulwich pool has been closed.
Have joined after the pool closure.
This makes sense for a refund on a gym membership but makes absolutely no sense for a refund on swimming lessons for my children that they cancelled. Has anyone else had this
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