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Seiss

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  • Jeremy535897
    Jeremy535897 Posts: 10,745 Forumite
    10,000 Posts Fifth Anniversary Photogenic Name Dropper
    edited 28 November 2020 at 12:30AM
    most people are hopelessly confused about this issue

    I think the government was stung by criticism that people who had spent a few pounds on face masks,
    Including even the Martin Lewis show this week.  Though, there are some other areas he has also been incorrect.

    There definitely need to be guidance on "significant", though the aim here is correct.
    Yes,  think Martin was trying to be helpful by saying "look at the same period last year as a guide" (not a hard and fast rule), but it is only a guide, and only to the reduction, not the significance.

    In probability, "significant" is 5%, and in tax legislation, "substantial" can mean 10% (if you get to the end of one of the world's least thrilling reads at 
    https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/246081/ots_review_of_definitions_in_tax_legislation.pdf

    So maybe "significant" isn't that big an ask after all. Who knows?
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