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British Gas price breakdown

Premier_2
Premier_2 Posts: 15,141 Forumite
10,000 Posts Combo Breaker
edited 27 May 2009 at 3:45PM in Energy
My mate just asked me to check his residential British Gas bill and I noticed on the reverse the following:

bgbreakdown.jpg

Now I might be wrong, but isn't the "2% Government obligation to help the environment" the Climate Change Levy that is only levied on business accounts? :confused:

What I do know is that corporation tax (28% for large companies, possibly 30% for certain oil & gas operations) is only paid on profit not turnover! :rolleyes:

So if BG are paying 20% corporation tax on turnover, it shows just how huge a profit they are actually making ... and a lot more than the 2% they suggest.

Nice try British Gas, but no coconut this time
"Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010

Comments

  • Cardew
    Cardew Posts: 29,056 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Rampant Recycler
    The smoke and mirrors is achieved by mixing up Centrica's profits's and BG's profits.
  • 1carminestocky
    1carminestocky Posts: 5,256 Forumite
    Cashback Cashier
    Would something like this come under the auspices of the ASA? Would a reputable company consider this OK to print? :p
    Call me Carmine....

    HAVE YOU SEEN QUENTIN'S CASHBACK CARD??
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