Bp Share Discussion Threads

[younasm] 13/2/2024 20:21

Ex-dividend on Thursday; approx 5.75p

[action] 13/2/2024 14:27

Wow no change in price after cpi out today

[marktime1231] 11/2/2024 19:06

Here is an accessible and illuminating analysis of BPs pension scheme, and the change in UK taxation which would lead to the accounting windfall reported by the FT ...



Apparently BPs scheme is in surplus by about £6B. A review by trustees last year concluded that the cost of insurance in order to wind up the scheme would absorb much of that surplus. Whereas the UKs intention to reduce future tax due on the surplus, in an attempt to somehow boost inward investment, shifts the strategy in favour of letting schemes run on rather than wind them up.

This all reads like accounting treatments on paper rather than real profit or cash flow, so I don't get if it means much in reality to BP shareholders or UK plc.

[zac0_4] 11/2/2024 18:59

Pigeons - if you're married and own a home you'll have to be leaving in excess of £1m, excluding pensions, to be liable to inheritance tax. Doesn't mean I agree with it!

[johnwise] 11/2/2024 18:57

Barclays to end direct financing of new oil and gas fields:


VIDEO

Heat Pump Bill a Third Higher Than Gas Boiler!

[johnwise] 11/2/2024 18:55

This is a fight that the people of the world have to win.


VIDEO

FARMER PROTESTS SPREAD: Desperate Farmers Protest Against New Laws That Will Bankrupt Them.. UN AGENDA 30

Lena Petrova,



Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

[pigeons] 11/2/2024 18:54

WORK LONG HOURS ,INVESTED.VERY FEW HOLIDAYS .TO GIVE MY CHILDREN A GOOD START IN LIFE.MY PERENTS REALLY STRUGGLED TO RAISE US ALL,




FOR WHAT TO SEE THIS GOVERMENT TAX ME ON MY DEATH AND GIVE IT TO ALL THE ????????????

[zac0_4] 11/2/2024 18:41

tuffymatt - I know. It doesn't alter the figures in my earlier post.

[tuftymatt] 11/2/2024 18:27

Zac0_4, Higher Rate: 40% tax on earnings between £50,271 and £125,139.

[gwatson56] 11/2/2024 18:24

Looks like Shell is in reverse gear re Hydrogen refuelling. Murray please note...

[k mon] 11/2/2024 18:05

zac..
.. Why is Tax necessary ... when 'money'.. is just 'Invented'..

Not a spurious question..
Simply a statement of Fact ..
The treasury & Boe .. 'Create 'money'..
--- But if they are the Only source of 'money' .. (Pounds)

.. then where do the additional 'pounds'.. come from .. in order to pay the Tax ... The 'Inflation'.. and the 'Interest'.. on the Government Loans (National Debt')

.. Surly it's Just a Ponsi / Pyramid scheme .. that is (and always has been)

Impossible to ever solve..
(Ie .. The Treasury .. will ALWAYS .. Be in a negative position
.. and only has the ability to pass on the repayment obligations
.. to the people (Via 'Tax')
.. (who in turn .. end up in the same 'negative position'..)


.. That's called money laundering & Fraud .. no matter how 'Fair'
.. you think it is..

It's just a Myth.. Isn't it.. ?

[gwatson56] 11/2/2024 16:57

BP to book $700mn windfall due to pension tax changes....




Bit of good news for Murray.

[zac0_4] 11/2/2024 15:53

" . . . You cannot expect a working man or woman to pay 40% tax on circa £50k . . . "

We don't. If I earn £30k pa my annual tax bill is around 11.6%. £50k pa and it's about 14.9%, whilst £100k pa has a tax take of 27.4%.

The more earned, the more % tax paid. In principle that seems fair to me.

[tuftymatt] 11/2/2024 12:17

I agree there has to be a tax efficient system in place for most people on these boards but there needs to be an increase in "tax" paid by the elite. You cannot expect a working man or woman to pay 40% tax on circa £50k but allow multi millionaires to keep growing at the rate they have done in recent years.

The middle class, which I guess most on these boards would describe themselves as, is being eroded at a rapid rate while those in the lower / working class bracket struggle more and more. This is happening while the elite gather pace and buy up the property for example that was once achievable for so many "normal" people.

We have to have a society where it's possible through hard work to climb up to being a homeowner, raise kids etc and maybe have a holiday too. That is becoming more and more difficult and if it gets to a stage where working in what previously would have been a decent job only enables you to pay rent, eat and heat then we are in big trouble as a country.

[watfordhornet] 11/2/2024 09:31

To be fair the 2m was not all income. There is a difference between capital gains tax, dividend tax and income tax. We all know that so struggling why it is ab issue500k of tax is considerable and was in line with current tax rules. Last thing anyone in these boards should want is a 40% tax on capital gains or dividends

[tuftymatt] 11/2/2024 08:29

Yeah and paid 23% tax on the £2.2m but expects more an more people each year to pay 40% on just over £50k!!

No wonder with leaders like him and his mob we are rapidly going down the pan 😩

[hellscream] 11/2/2024 06:04

funny shanuk made £2.2m on a US fund, so he got no confidence on the UK market than?

i am so sure pension freedoms were just a tool to funnal money into the housing market.

[action] 10/2/2024 14:57

Better be in casino market than graveyard UK.

[gwatson56] 10/2/2024 11:35

The oil company Shell considered moving its headquarters and listing from London to the US before opting to ditch a second share listing in the Netherlands in favour of remaining in the UK, the Financial Times reported this in March 23. For Shell I believe that this is on the back burner but might be dusted down if push comes to shove. I have read nothing from BP about relocating. I would only expect this if BP split and say kept the renewables (BP Consumer Green) in the UK and (BP Oil & Gas) in the US. Some way off though. Looking at ARM it seems that they made the right call to list in the US.

[hellscream] 09/2/2024 17:22

hope labour push BP and shell to delist, we will only win from it.

FTSE is a dead index, its got nothing going for it.

[johnwise] 08/2/2024 19:51

Great to see Labour finally admitted what everyone else knows - that global warming is a fiction and there is no evidence for it...


Keir Starmer as £28bn green investment plan is ditched just DAYS after he said it was 'desperately needed'




Video: Mark Levin sussed the government scam
The truth about global warming


If Zero CO2 was ever achieved every tree on the planet would die
VIDEO: A Dearth of Carbon Dr. Patrick Moore

[scruff1] 08/2/2024 19:28

I see labour are promising to increase windfall taxes. They sure know how to attract businesses. I wonder how the socialists will redefine a 'windfall'?. Looks like our divis will have to be ploughed into buybacks for the forseeable. ARM must be ruing leaving London!! Sooner BP follow the better - there cant be a future for it in the woke dominated UK - O+G, the North Sea and profits are a pariah. Starmer's the sheeps coat, Miliband and co are the wolves - 470p could be the good old days by next year.

[marktime1231] 08/2/2024 17:57

Mulling things over and inviting folks to say what they see ahead. BRENT might dwell in the $70-90 range and that would be enough to keep BP on its current positive trajectory. If you are happy with that all good. And if it makes you any happier some of the proceeds of my divestment went on UKW in the mid 140's which in hindsight was perhaps a bit too hot.

[hellscream] 08/2/2024 17:49

well its cheaper than all the tech stocks trading at 100 p/e marktime. dotcom much?