It’s seems quite ridiculous that there is a formula for the calculation of this tax which takes into account the black market economy which by its very nature is largely unknown.

Exactly. Spurious bullshit. Are they going to try & tax the Mafia too??? Lets see how far they get with that. Moving on from that – exactly how has illegal activity benefited the UK economy? Wheres the tax paid on hookers & coke?

Pile of steaming shite is what it is!

Moving on from that – exactly how has illegal activity benefited the UK economy?

I suspect it’s benefitted a few eastern European gangsters more than us.

exactly how has illegal activity benefited the UK economy?

Well it’s helped lift Italy out of recession.

Italy out of recession thanks to black market

Adding illegal revenue from prostitutes, drugs and black market cigarettes and alcohol to the euro zone’s third-biggest economy boosted gross domestic product figures.

Black, or undeclared, market revenues are also expected to help reduce Italy’s debt to GDP ratio, which stands at a 132%, more than twice the EU ceiling of 60%.

Pile of steaming shite is what it is!

Or alternatively, merely the application of international accounting standards.

http://www.economist.com/news/finance-and-economics/21603073-italys-inclusion-illicit-activities-its-figures-excites-much-interest-sex

Races bunch these accountants with some “interesting” audits 😉

Anyone still labouring under the misapprehension that the EU is somehow socialist, and sees Angela Merkal as some modern day Che Guevara should have a look at the detail of the latest US – EU Trade agreement they’re presently cooking up

It’s a Milton Friedman corporatist wet dream

The fact that the EU is not considered right wing enough is a reflection of our own present political parties, in the wake of Nu Labour, not Europe

Folks can say what they like about how its legal & above board, you can’t escape they fact that its a bill for over a billion £ & we’ve been given shag all time to pay it – & it’s been issued at a time when we need the money here in the UK!

it’s been issued at a time when we need the money here in the UK!

Yes, we have a war and lots of new nuclear weapons to pay for.

I thought you wanted independence?

I did, and an independent Scotland would have wanted to stay in the EU. Instead we face being dragged out of the EU against our wishes.

It’s a Milton Friedman corporatist wet dream

Is just as inaccurate, in fact more so.

Mrlebowski – don’t confuse the Treasury not (allegedly) telling Cameron with shag all time to pay it. We may also “need” to be in the EU and therefore pay our share of the budget. Some would argue that the UK “needs” that too.

At least the FT brings a sense of proportion to the issue

But the £1.7bn figure is a one-off payment which accounts for less than 0.1 per cent of UK gross national income. Since it is a top-up to UK contributions covering 11 years, Britain is being asked to pay an extra £150m a year over the period. A sum like this would barely deserve a footnote in the UK’s annual accounts.

Quite.

If it had been £150m a year over 10 years thats fine – but £1.7B when the money is sorely needed here??

It’s seems quite ridiculous that there is a formula for the calculation of this tax which takes into account the black market economy which by its very nature is largely unknown.

Not really, you can estimate most things – and if you use the same formula across other countries while you may not reach the ‘right’ number you’ll be fairly consistent.

I still find it comical that as a part of the Govt’s Statistical Dept they haven’t a model for this.

UK Statistics Authority

£200m pa running costs.

Once we’ve pulled out of the EU, and closed the borders, who will we blame for everything then? Will we turn in on each other, starting with minorities and anyone who does a job that the mob don’t understand the value of? Just idly wondering…

Sorry, back on topic… if it was only Italy that was having to account for all its dodgy off the books commerce, people would be saying “quite right”, and there would be no uproar over here at all.

Well UK officials were involved in these changes – if the PM is (really?) shocked and surprised he should look internally first. Unlike Farage he claims to want to stay in Europe. In which case he needs to understand how it works.

But telling it straight leaves you hostage to Farage and Boris and their interpretations of reality!!!! Folk don’t like or vote for reality as Salmond knew only too well.

I did, and an independent Scotland would have wanted to stay in the EU. Instead we face being dragged out of the EU against our wishes.

Really? as I recall it the polling on whether the people of Scotland wanted EU membership was at best mixed at worst strongly opposed, but it’s not like Alex was ever going to give them a referendum on the issue….

It’s seems quite ridiculous that there is a formula for the calculation of this tax which takes into account the black market economy which by its very nature is largely unknown.

It only seems ridiculous if you don’t know anything about economics or accounting.

Is this why they are introducing new pound coins…..are we going to pay with all the old ones

Seems to me that ire is being pointed in the wrong direction. If these are agreements we signed up to and we knew that a bill was coming, why didn’t the government/relevant civil servants have this in hand? Is it that different to domestic economics?

No, they did, they were actively involved – it’s just that this (facts) doesn’t make good headlines.

Perhaps we should state that we’ll only pay when the auditors sign off the EU accounts as being without material levels of fraud and error?

Once we’ve pulled out of the EU, and closed the borders, who will we blame for everything then? Will we turn in on each other, starting with minorities and anyone who does a job that the mob don’t understand the value of?

Nice knee-jerk reaction there….you should be a headline writer for the Mail!

Nice knee-jerk reaction there….you should be a headline writer for the Mail!

Well he seems to be facing stiff competition from you, in the emotive knee-jerk category.

http://singletrackworld.com/forum/topic/weve-recalculated-your-bill-thatll-be-an-extra-21-billion-please/page/3#post-6414814

I know exactly what I said & stand by it: A bill of nearly £2b when that money is sorely needed here is not going to help the EU make friends…

Perhaps we should state that we’ll only pay when the auditors sign off the EU accounts as being without material levels of fraud and error

God not this again
The reason they cannot sign them off [ its not true that bit is it] is because the fraud happens at the member level who receive the money and distribute it

If i give you 3 million and you commit fraud with it it is not my fault.

you may also like to look at our own house and MOD in particular before throwing stones.

I want to say something about camerons fake indignation or the BBCs toadying coverage of his fake indignation but I simply cannot find the strength to do it.

Classic British farce normally leaves me happy and amused, but this leaves me feeling weak and helpless:

Am I really here ?
Am I really alive ?

I know exactly what I said & stand by it: A bill of nearly £2b when that money is sorely needed here is not going to help the EU make friends…

I was thinking more of your emotive knee-jerk comment which I linked to.

This one :

http://singletrackworld.com/forum/topic/weve-recalculated-your-bill-thatll-be-an-extra-21-billion-please/page/3#post-6414814

I got your point Ernie & ?

you may also like to look at our own house and MOD in particular before throwing stones.

The whole minimum wage/top up with tax credits act performed by the big corporates/government is blatant corruption.

So Cameron is happy enough to change tax laws and demand retrospective payment and happy enough with the recalculation of these payments when it’s benefited the UK, but now is kicking up a fuss when we have to pay? **** ridiculous. He should just get on with it and pay it instead of helping UKIP with his faux outrage.

Really? as I recall it the polling on whether the people of Scotland wanted EU membership was at best mixed at worst strongly opposed,

A quick look here suggests not.

Oh, and another Indyref point – we were told that Scotland refusing to share the UK debt would be a Very Very Bad Thing for our credit rating.

So how’s this going to affect the UK’s credit rating?

I was just about to ask the same question Bencooper.

By “this” do you mean the budget adjustment? If so, why would it?

Refusing to pay a debt.

Well it’s not about bond holders is it? It’s about our budget payment to the EU.

CMD will pay it – it’s just an act. You know bluff and bluster and all that stuff…. 😉

I did not think this payment referred to any kind of debt. Is this incorrect?

There’s a few things I don’t understand about this, but the main thing is, ‘Why isn’t Ernie a politician’?