If he wanted to make a case that VAT was evil, it would have been better made in 1972 before VAT was even introduced. Back then, chess clocks and probably chess sets and boards were classed as luxury items and had a high rate of Purchase Tax, something like 30% or more. VAT changed that, even if it did mean that "large" chess organisations had to account and pay VAT on memberships and entry fees.
Quite so. Also he could have tried making the case before he got made bankrupt, just to allay the suspicion that previously he was just trying to get away with it on the quiet.
If he wanted to make a case that VAT was evil, it would have been better made in 1972 before VAT was even introduced. Back then, chess clocks and probably chess sets and boards were classed as luxury items and had a high rate of Purchase Tax, something like 30% or more. VAT changed that, even if it did mean that "large" chess organisations had to account and pay VAT on memberships and entry fees.
ReplyDeleteRdC
Quite so. Also he could have tried making the case before he got made bankrupt, just to allay the suspicion that previously he was just trying to get away with it on the quiet.
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