Caravan Club Non Insurance Policy
757 replies
Oneputt replied on 28/03/2020 17:13
Cornersteady replied on 28/03/2020 17:58
Posted on 28/03/2020 16:57 by obbernockleI must be alone in my opinion that the club is simply exploiting a loophole to avoid paying the tax, and its competetors do pay the tax.
The club must make a massive profit from this dodge
Posted on 28/03/2020 17:58
But the club, or any insurance company, doesn't pay any tax at all, the person buying insurance does, the club or whoever would simply collect the tax from someone buying insurance and passes it on to the government so how can it make any profit like you suggest?
Also regarding your loophole it was stated that an official audit had been carried out and HMRC were fully aware of how the club operates, and anyway it is available to competitors if they so wish to do the same thing.
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Cornersteady replied on 28/03/2020 18:02
replied on 28/03/2020 18:45
Posted on 28/03/2020 17:58 by CornersteadyBut the club, or any insurance company, doesn't pay any tax at all, the person buying insurance does, the club or whoever would simply collect the tax from someone buying insurance and passes it on to the government so how can it make any profit like you suggest?
Also regarding your loophole it was stated that an official audit had been carried out and HMRC were fully aware of how the club operates, and anyway it is available to competitors if they so wish to do the same thing.
Rufs replied on 29/03/2020 08:02
Posted on 28/03/2020 17:13 by Oneputt75 pages of non expert opinion and I’m still happy with my choice of using the club. Don’t believe the club is doing anything against the law