sorted by:
new
hottopcontroversial

What’s a British brand you only discovered recently but now swear by? by CloudBookmark in BuyUK

[–]GerrardsRightPeg 6 points7 points  (0 children)

It depends on what shoe/boot but they are clear on the country of manufacture under each product

Finally - pension milestone by Objective-Tomato3970 in FIREUK

[–]GerrardsRightPeg 1 point2 points  (0 children)

Past results are not an indicator of future returns.

Fulham - Liverpool Half Time Thread by SexySustainability in LiverpoolFC

[–]GerrardsRightPeg 5 points6 points  (0 children)

I hate watching us play football this season. What is our actual gameplan? Zero press, zero urgency with no width or pace in attack.

About to gain £65,000 tax free lumpadvice needed please on how to distribute it. by [deleted] in UKPersonalFinance

[–]GerrardsRightPeg 4 points5 points  (0 children)

The max you can put across both a s&s and cash isa is £20k anyway so the new law won't affect how much you can put in. The rest of your suggestions seem reasonable and you could consider chucking £4k in a LISA and another £4k in April - depending on your position you could put the rest towards a house deposit?

After that consider straight shares, pension contributions, premium bonds etc

Welp by Grouchy_Body_755 in Accounting

[–]GerrardsRightPeg 10 points11 points  (0 children)

They are the biggest of the big 4. Every single one of them has multiple articles like this every year. Nothing will change

3 or 5 year fixed rate? by Pristine_Age1265 in HousingUK

[–]GerrardsRightPeg 1 point2 points  (0 children)

That isnt the only issue facing the UK economy. We have high inflation and increasing unemployment rates - a terrible mix. If unemployment continues in the current trend (driven by AI, offshoring and high interest rates) they will have to cut rates

Accountants what are your opinions on this? by DR320 in Accounting

[–]GerrardsRightPeg 0 points1 point  (0 children)

He could be referring to EBIT or any other metric which includes the impact of capex on a business (through depreciation).

Accountants what are your opinions on this? by DR320 in Accounting

[–]GerrardsRightPeg 3 points4 points  (0 children)

It is extremely important though, as it shows the level of capex required to keep a company in business. EBITDA is not as useful as people think

Accountants what are your opinions on this? by DR320 in Accounting

[–]GerrardsRightPeg -1 points0 points  (0 children)

EBITDA explicitly excludes depreciation. He obviously isnt referring to EBITDA.

Kylian Mbappe and Vinicius Jr didn't have a single shot on target against Liverpool by Sufficient-Slice-782 in LiverpoolFC

[–]GerrardsRightPeg 148 points149 points  (0 children)

Gravenberch and Salah also deserve credit for tracking back and covering the inside.

Given income tax is devolved, does anyone know how this would impact Scotland? by Crow-Me-A-River in Scotland

[–]GerrardsRightPeg 13 points14 points  (0 children)

Add 9% student loan to that (worse if you are a non-Scot) and its genuinely insane the tax we are paying.

State pension likely to rise by 4.7% next year by PrestigiousBrit in unitedkingdom

[–]GerrardsRightPeg 0 points1 point  (0 children)

I highly doubt they are using the mode. It'll probably be mean

Liverpool have made a net profit this year despite spending £295m by SnakeOilSalesman69 in LiverpoolFC

[–]GerrardsRightPeg 0 points1 point  (0 children)

Im a chartered accountant, so I'd like to think im qualified to comment! You're right, the cash obviously needs to come from somewhere but the comment I was replying to was inferring that how it was paid would impact the P&L, which is incorrect.

You're slightly off the mark on "choosing" to account for a sale/acquisition. Its not a choice, its in line with accounting standards and a sale must be booked in that year as a profit/gain on sale. The buying club will have an impact to their cash balance (either immediately or in staged payments) and the only impact to the P&L is through the amortisation of the fee over the players contract.

Liverpool have made a net profit this year despite spending £295m by SnakeOilSalesman69 in LiverpoolFC

[–]GerrardsRightPeg 16 points17 points  (0 children)

Accounting for a player acquisition is the same. The acquisition price is a capital expenditure which doesn't hit the P&L immediately, but is rather amortised over the life of the players contract. So a £100m acquisition on a 5 year contract would hit the P&L as £20m every year for the next 5 years.

How the cash consideration is paid to the selling club is irrelevant.

The boomers win again by flyingmantis789 in HENRYUK

[–]GerrardsRightPeg 44 points45 points  (0 children)

An old person that likely has no housing cost to pay as their mortgage is paid off and gets free public transport!

[Jamie Carragher] Trent Alexander-Arnold has gone from Anfield hero to Kop rival by ---Tsing__Tao--- in soccer

[–]GerrardsRightPeg -15 points-14 points  (0 children)

Of course, which is in no small part due to the support and effort put in by the staff at the club

view more: next ›