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A comment on HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat.

Re:HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat by wooptoo on Wednesday August 02, 2023 @06:21AM (#36969011)
Guys, I think we have finally found the NHS money. [1]

[1] https://www.lbc.co.uk/news/350m-brexit-bus-nhs-social-care-p...

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Re:HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat by ssabev on Wednesday August 02, 2023 @06:50AM (#36969190)
Would this be annual revenue for HMRC though?
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Re:HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat by sph on Wednesday August 02, 2023 @07:44AM (#36969532)
Who they gonna sue next week?
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Re:HMRC (UK Tax Authority) Persuing Uber for £386M (~$487M) Vat by neilwilson on Wednesday August 02, 2023 @10:22AM (#36971309)
Except, of course, you haven't. That's not how sovereign currencies work. Especially Sterling.

There is no direct connection between UK government spending (Supply) and taxation (Ways and Means). They are completely separate asynchronous processes from start to finish.

[1]: https://gimms.org.uk/2021/02/21/an-accounting-model-of-the-u...

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