i thought Mr Dyson only made vacuum cleaners

[Lincsman]

If you saw the money he is investing in infrastructure you will see how he is not making any money but in years to come it will pay dividends for him. I know of one farm he has bought and has drained the whole lot within 18 months put new roads in and updated the building and now that farm looks a treat

Thats Capital outlay, not profit. I have just done drainage it will be written off over 20 years not this years profit.

 

[bovrill]

Not what it says here

Quote from article “

he had been forced to shift production to Malaysia because of soaring manufacturing costs in Britain, with direct labour costs doubling in 10 years, partly because of the need to pay high wages in an area around Swindon of zero unemployment.


Full article...


https://amp-theguardian-com.cdn.ampproject.org/v/s/amp.theguardian.com/business/2003/nov/08/4?amp_js_v=0.1&usqp=mq331AQECAEoAQ==#origin=https://www.google.co.uk&prerenderSize=1&visibilityState=prerender&paddingTop=54&p2r=0&horizontalScrolling=0&csi=1&aoh=15293156930654&viewerUrl=https://www.google.co.uk/amp/s/amp.theguardian.com/business/2003/nov/08/4&history=1&storage=1&cid=1&cap=swipe,navigateTo,cid,fragment,replaceUrl

 

[joe soapy]

just had a thought, our area according to defra mapping varies 1/2 % at times.
For dyson, that would be like misslaying a small/medium farm or 150 acres

could easily be £1,500000 , fancy talking to hmrc explaining that

 

[7610 super q]

Well, there you go. He's trying to do the job properly, but with 21st Century costs, and 16th Century prices for his produce.
I REST MY CASE.

 

[turbo]

Thats Capital outlay, not profit. I have just done drainage it will be written off over 20 years not this years profit.

But surely the capital outlay has to come from profits in the first place

 

[ollie989898]

If you saw the money he is investing in infrastructure you will see how he is not making any money but in years to come it will pay dividends for him. I know of one farm he has bought and has drained the whole lot within 18 months put new roads in and updated the building and now that farm looks a treat

Yeah thats great but food is in oversupply and as a tax payer why should I care what his 30000 acre backyard looks like?

 

[Still Farming]

Yeah thats great but food is in oversupply and as a tax payer why should I care what his 30000 acre backyard looks like?

Maybe over supply here but state of world it ant .
Just they don't like paying for it.

 

[turbo]

Yeah thats great but food is in oversupply and as a tax payer why should I care what his 30000 acre backyard looks like?

Food is not in oversupply,we’re just lucky we can afford it

 

[ollie989898]

Maybe over supply here but state of world it ant .
Just they don't like paying for it.

Again, so whats the point in chucking out more feed grains?

 

[Lincsman]

But surely the capital outlay has to come from profits in the first place

Mine does, Mr dysons is from his latest cordless as he does not make any profit farming at the moment to do this work and puts him in the hobby farmer class on a large scale... but its his money to do what he likes with.

 

[Still Farming]

Again, so whats the point in chucking out more feed grains?

Food is food abroad !

 

[thesilentone]

Let's face it, land is a strong asset, is not going anywhere or getting bigger. In the UK land is cheap, and for the moment the super rich like buying land.

Another British Entrepreneur employing over 20,000 and buying farms and land like they are going out of fashion.https://www.thefamouspeople.com/profiles/philip-day-34807.php

It just needs Mr Zuckerburg to take a likeing to our ' quaint ' Country, and we're all in the money.....

 

[Princess Pooper]

Thats Capital outlay, not profit. I have just done drainage it will be written off over 20 years not this years profit.

not from a tax perspective it probably won't. Difference from how you write it off in the accounts and its tax allowance.

 

[thesilentone]

Food is not in oversupply,we’re just lucky we can afford it

UK food availability is way over supplied, if not, we would not waste 50% of our produciton..........

 

[primmiemoo]

We're all subsidy junkies that can only afford a Henry hoover in the sub 150 acre category

My dyson hoover is a DC02. Museum piece. That's how old it is.

Can't afford a new one.

New carpet beater this year if lamb prices hold up ... ... maybe [wry smiley]

 

[turbo]

UK food availability is way over supplied, if not, we would not waste 50% of our produciton..........

Not oversupplied just too cheap

 

[joe soapy]

Not oversupplied just too cheap

Townies can afford to pay somebody the other side of the world to grow their food, transport it 1000's of miles, then chuck it into landfill

 

[neilo]

Thats Capital outlay, not profit. I have just done drainage it will be written off over 20 years not this years profit.

Is it still ‘capital’ if he’s repairing/replacing the existing drainage?

 

[Ball acre]

We're all subsidy junkies that can only afford a Henry hoover in the sub 150 acre category

Better machine anyway. Made in Somerset.

 

[thesilentone]

Not oversupplied just too cheap

If it were not WAY over supplied, we would not leave 15% on-farm and throw 35% in the bin.

https://www.tristramstuart.co.uk/

see bottom of page 2 and top of page 3: http://www.wrap.org.uk/sites/files/wrap/Household_food_waste_in_the_UK_2015_Report.pdf