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The 10A Allocation

Discussion in 'Steam Traction' started by GWR4707, Apr 8, 2019.

  1. simon

    simon Resident of Nat Pres

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    Writing it off reduces your tax bill, but you still need to spend the money. If an overhaul costs £1m and your tax rate is 20% you are still going to end up £800k down, albeit plus an overhauled loco
     
  2. 26D_M

    26D_M Part of the furniture

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    Looking at this another way though, the business in question is effectively custodian of a large part of UK railway preservation, the thing that this forum is about.
    Drawing a parallel, it is akin to being a fan of a football team where the club has owners who have little regard for fan input to how the club is run.
    So I would say there is a 'community interest' in how the steam charter industry is run and by extension each of the 'players'.
     
    misspentyouth62 likes this.
  3. 26D_M

    26D_M Part of the furniture

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    All good ideas, however I'm not sure RTC necessarily has the agency to use other TOCs or rolling stock suppliers.
    Lets face it, if RTC had a free hand and more power they wouldn't choose to operate as they have been the last few years.
     

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