Generali's 12 days of Christmas Quiz.

sss555s

Generali wrote: »

1. Which of the following are 'zero rated' or exempted for the purposes of VAT?
a. Children's car seats
b. Tampons ...................... (no vat)
c. Chocolate body paint
d. Pornographic magazines .. (no vat)
e. Gambling ...................... (no vat)
f. Crisps .......................... (no vat)
g. Frozen Chips ................. (no vat)
h. New Helicopters
i. New Cars

Some i know and some i guess :beer:

Generali

sss555s wrote: »

Some i know and some i guess :beer:

Some you guess right, some you guess wrong.

michaels

I believe the EC are involved with how many VAT rates are allowable and that food has to be zero rated rather than exempt because 'exempt' is not allowed so they are not entirely blameless...

One I don't like is reduced VAT on domestic fuel - an anti-green measure if ever I saw one.

ILW

Generali wrote: »

Nope. This one is all British or at least mostly. I think the only bit from Brussels is that you can't use zero rating as a form of protectionism.

I seem to remember that prior to entry into the Common Market, there was no VAT but a purchase tax.

Generali

Ok, it's Christmas for me so here's question 2.

According to Bloomberg, how many 'bankers' lost their jobs worldwide in 2011?
a. <100,000
b. 100,000-200,000
c. 200,000-300,000
d. 300,000-400,000
e. >400,000

Happy Christmas, especially to all unemployed bankers everywhere.

ILW

Generali wrote: »

Ok, it's Christmas for me so here's question 2.

According to Bloomberg, how many 'bankers' lost their jobs worldwide in 2011?
a. <100,000
b. 100,000-200,000
c. 200,000-300,000
d. 300,000-400,000
e. >400,000

Happy Christmas, especially to all unemployed bankers everywhere.

What is their definition of banker?

Generali

ILW wrote: »

What is their definition of banker?

No idea. I would guess a bank employee.

Anyway, at the risk of sounding like a character from a bad 1980s cop movie, I ask the questions round here wise guy.

ILW

Generali wrote: »

No idea. I would guess a bank employee.

Anyway, at the risk of sounding like a character from a bad 1980s cop movie, I ask the questions round here wise guy.

So it could include, cleaners, cooks, van drivers, maintenance workers, counter staff etc etc. If that is the case it has very little meaning.

Generali

ILW wrote: »

So it could include, cleaners, cooks, van drivers, maintenance workers, counter staff etc etc. If that is the case it has very little meaning.

Generally those jobs are contracted out so it's unlikely to include them.

sss555s

Sh*t or bust! e.