Government incentive to change old cars

1984ReturnsForReal_2

Lemonade_Pockets wrote: »

Ditto

I don't suppose you would care to explain what the 850,000 ppl that work in the motor trade in this country get paid in then? I suppose they all shop abroad and pay their taxes to foreign governments too!!! :rolleyes:

Who is on about tax other than you? but while you are at it!

Tell me... What exactly is the % of wage, paye & NI in regards to turnover?

How much does it actually cost Jaguar to build a car thats on sale for £50k when they are at 99.5% efficiency? & what is the labour, material & production cost ratios?

How much above the national average are people in the Automotive Industry paid compared to the same positions in other manufacturing industries? & as a tax payer would you like to continue to subsidise them at a considerably higher pay rate than 95% of the equivelent rate outside of Automotive (yes they are OVERPAID)?

Personally I dont care if a wheel nut or steering rack is sourced from the EU or Far East.

& while you at it tell me why a simple reduction in VAT would not achieve everything you claim would be acheived by getting paid for trading in an old car?

Using your own logic: VAT would be far simplier, cost less to administer & would apply to 100% of purchasers....


Like I said NEXT!!

AHAR

1984ReturnsForReal wrote: »

...a simple reduction in VAT...

15% is the lowest standard rate allowed in the EU.

Pew_Pew_Pew_Lasers!

1984ReturnsForReal wrote: »

One born every day.

Tell me, did Labour get back the millions they pumped into Rover just before the election?

NEXT!

So you think it's cheaper to let an industry die and to pay all its former employees benefits, than to temporarily subsidise that business so it may eventually survive? How many third-party companies that supplied Rover then had the opportunity to change their business model so that they wouldn't be affected by its closure?

Lemonade_Pockets

1984ReturnsForReal wrote: »

Who is on about tax other than you? but while you are at it!

Tell me... What exactly is the % of wage, paye & NI in regards to turnover?

How much does it actually cost Jaguar to build a car thats on sale for £50k when they are at 99.5% efficiency? & what is the labour, material & production cost ratios?

How much above the national average are people in the Automotive Industry paid compared to the same positions in other manufacturing industries? & as a tax payer would you like to continue to subsidise them at a considerably higher pay rate than 95% of the equivelent rate outside of Automotive (yes they are OVERPAID)?

Personally I dont care if a wheel nut or steering rack is sourced from the EU or Far East.

& while you at it tell me why a simple reduction in VAT would not achieve everything you claim would be acheived by getting paid for trading in an old car?

Using your own logic: VAT would be far simplier, cost less to administer & would apply to 100% of purchasers....


Like I said NEXT!!

Ah i knew you could construct a proper answer.

I can't see why the first few points you raise are relevant, perhaps you could expand. I can't answer your questions quantitatively regarding turnover etc but it is obviously pretty low.

I'm not convinced about your statements regarding that they are over paid are completely true either. Some roles maybe but equally others are paid vastly less.

But i am still failing to see why this really matters.

With regards to the VAT. In principle i agree, however cutting it to 15% certainly did !!!!!! all. Also how would you cut VAT on just cars? Or would you cut VAT on everything "wasting" goverment money on commodities that have enough demand at current prices (these would be the ones that just up their profit margins as the demand is already fine).

I still come back to the multiplier effect, a relatively small amount of money puts a lot more back into economic growth. (We are talking a few billion here tops, nothing compared to the amounts shelled out in other sectors)
The reason the government's across the world are so keen to bailout the motor industry is because letting them fail would cost the economy far more. Which in turn would cost the taxpayer a lot more.

Lemonade_Pockets

AHAR wrote: »

15% is the lowest standard rate allowed in the EU.

Well thats that one out then!!!

1984ReturnsForReal_2

AHAR wrote: »

15% is the lowest standard rate allowed in the EU.

See Lemonade...


Now I have just learnt something.. Thanks AHAR..

1984ReturnsForReal_2

Lemonade_Pockets wrote: »

Ah i knew you could construct a proper answer.

I can't see why the first few points you raise are relevant, perhaps you could expand. I can't answer your questions quantitatively regarding turnover etc but it is obviously pretty low.

I'm not convinced about your statements regarding that they are over paid are completely true either. Some roles maybe but equally others are paid vastly less.

But i am still failing to see why this really matters.

With regards to the VAT. In principle i agree, however cutting it to 15% certainly did !!!!!! all. Also how would you cut VAT on just cars? Or would you cut VAT on everything "wasting" goverment money on commodities that have enough demand at current prices (these would be the ones that just up their profit margins as the demand is already fine).

I still come back to the multiplier effect, a relatively small amount of money puts a lot more back into economic growth. (We are talking a few billion here tops, nothing compared to the amounts shelled out in other sectors)
The reason the government's across the world are so keen to bailout the motor industry is because letting them fail would cost the economy far more. Which in turn would cost the taxpayer a lot more.

If you fail to see the relevance of the points it shows you have no understanding of how the process works & how tax payers money would be wasted, squandered & buried.

As regards pay rates in the Automotive Manufacturing Sector I suggest you do a little research, I am quite satisfied they are.

goldspanners

1984ReturnsForReal wrote: »

As regards pay rates in the Automotive Manufacturing Sector I suggest you do a little research, I am quite satisfied they are.

i would agree with this, a very close family member of mine already gets an extremely good wage for what they do for one of the "big 2" automotive companies that are really struggling,and today they got an increase on one of thier bonus' hardly the sign of a really struggling company now is it?

the money they earn they would never get working for another company doing a similar job,infact they would need to toally re train to do something else to get any where near what they earn. and the best thing about it is and it really amuses me is they are always looking for more money,better conditions,less hours,more benefits. these are the real reasons these companies are in trouble, troublesome unions.

1984ReturnsForReal_2

goldspanners wrote: »

i would agree with this, a very close family member of mine already gets an extremely good wage for what they do for one of the "big 2" automotive companies that are really struggling,and today they got an increase on one of thier bonus' hardly the sign of a really struggling company now is it?

the money they earn they would never get working for another company doing a similar job,infact they would need to toally re train to do something else to get any where near what they earn. and the best thing about it is and it really amuses me is they are always looking for more money,better conditions,less hours,more benefits. these are the real reasons these companies are in trouble, troublesome unions.

Goldspanners

I have spent the last 14 years in recruitment & know that pretty much all people involved with car manufacture are paid way above the average.

There are still people made redundant from Rover looking for the same money years on....

1984ReturnsForReal_2

Pew_Pew_Pew_Lasers! wrote: »

How many third-party companies that supplied Rover then had the opportunity to change their business model so that they wouldn't be affected by its closure?

How quickly you forget..

Rovers' suppliers had years of notice.