Created Thu 10th Apr 4:39am PDT by 
lesley![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
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What will the outcome be in the Marks and Spencer Tea Cake tax blunder?
Current forecast: Tax fully repaid to M&S, they donate it to charity (40% chance
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Combining all predictions, the current most likely outcome is Tax fully repaid to M&S, they donate it to charity with a probability of 40% (unchanged in last 1 day)
For 20 years, customers have paid tax on Marks and Spencers tea cakes, but the European Court of Justice has now ruled that it is officially a cake (really?!) rather than a biscuit and therefore not subject to tax. So the UK treasury is facing the prospect of repaying £3.5m in wrongfully collected tax. The decision will lie with the House of Lords.
http://news.bbc.co.uk/2/hi/europe/7340101.stm
http://news.bbc.co.uk/2/hi/europe/7340101.stm
Make your prediction!
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Tax fully repaid to M&S, they keep money |
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Tax fully repaid to M&S, they donate it to charity |
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No refund is given |
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Partial refund is given |
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Activity: H$12,013
Question suspends in 17 weeks
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details:
As reported by a major mainstream news source. Not yet known when the House of Lords will debate this question so suspend date may change.
Suspend date: Wed 31st Dec 2:59pm PST (17 weeks to go)
Initial likelihoods:
Tax fully repaid to M&S, they keep money: 35%, Tax fully repaid to M&S, they donate it to charity: 30%, No refund is given: 5%, Partial refund is given: 30%
Action history:
Created Thu 10th Apr 4:39am PDT by lesley
lesley
Suspended Thu 1st May 12:59am PDT : Suspend date reached
Unsuspended Thu 1st May 3:15pm PDT by lesley
lesley
Suspended Tue 1st Jul 12:59am PDT : Suspend date reached
Suspended Tue 1st Jul 12:59am PDT : Suspend date reached
Unsuspended Tue 1st Jul 1:42am PDT by lesley: Suspend date has been extended, as per settlement details
lesley: Suspend date has been extended, as per settlement details
Unsuspended Tue 1st Jul 7:32am PDT by lesley
lesley
Suspended Wed 30th Jul 4:59pm PDT : Suspend date reached
Unsuspended Fri 15th Aug 5:44pm PDT by 
infernalmachine: No ruling from House of Lords yet. Question re-opened with suspend date 1 minute to New Year's Day (BST)
infernalmachine: No ruling from House of Lords yet. Question re-opened with suspend date 1 minute to New Year's Day (BST)
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details: As reported by a major mainstream news source. Not yet known when the House of Lords will debate this question so suspend date may change.... read all
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100 predictions
jarrod
mraleigh
swilson![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted No refund is given (H$200 at 8%)
staffman
jhouseholder
pitchedoutsideleg
1derkind
bout3fitty
htlsalesComments (16)
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score: 10
2456.com 1 day ago
Industry Portal when used. Or you can contact the Editorial Department for permission. Track this keyword for me Marks and Spencer
score: 10
Guardian Unlimited 4 days ago
terms of something other than quantity. There has already been a shift. Phil Patterson, once textiles manager at Marks and Spencer, has set up www.ecotextile.com to allow consumers to assess their wardrobe in terms of environmental damage units (EDUs)
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chris, tom I know your feelings
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