[MoF] Mid December '14
Day 2,596, 22:19
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Published in United Kingdom 
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by
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by Bank of England
Country Assets - as of day 2,596 of the New World
Country Accounts - 
148,428.97cc 
235.46 Gold Country Organisations - 2,893.73cc 303.23 GoldItemized Income and Expenses - December
Note about Work Tax as requested by Congress
Below is a simple representation of the proportions our taxation generates daily
As you can see in the representation, Work Tax has the largest effect on tax revenue generated. A 2% Work Tax generates the United Kingdom an estimated 4-5k a day (130-150k over a month) with 100% (or 12 out of 12) of our core regions. Whilst simplistic to say a 1% Work Tax has the effect of halving our revenue to 2-3k a day (60-90k over a month) and a 4% (the current Work Tax rate) doubling our income to 9-10k a day (270k-300k over a month).
Additional revenue via Import Tax and VAT is mostly minimum especially considering the current rate of 1% VAT across the board however VAT has been known to add upwards of 20-30k a month rate dependent, during tournaments or significant periods of consumer spend during significant conflicts.
As a reminder the number of our core regions we hold affects our Country's Income. There is a Base Income of 20% meaning we'd get 20% of our revenue if we held none of our original regions. The remaining 80% of our revenue is dependent on the number of our original regions currently under our control divided the number of our original regions times 80%. So if we hold all our regions we get the base 20% plus 80% giving us all our daily revenue if we held half our regions we'd get the base 20% plus 40% with the final 40% going to our occupiers giving us 60% of our daily revenue.
Finally as a reverse of the paragraph above we'd get a proportion of any other Country's Daily Tax Revenue if we were to occupy their core regions as an additional source of revenue.
What is an appropriate level is largely dependent on the number of MPPs we'd like to hold as a Country and spend on COs or other initiatives, which Congress and the CP constantly review.
Training Ground Loans
Past Government have provided Training Ground Loans to many citizens. The repayment of these loans are now all overdue. This list will be kept up to date as repayments are paid for Government transparency
The citizens who benefited with loans since June 2014;
Mr Pitbull
dBigMac
Gego Gugula
Mar Xist
NT Games
dougal4chaos
Pugg
Rob the Bruce
Maniau
Sarah Morgan
New Loans
This Government has given an additional Training Ground Loan The repayment of this loan is due in February
The citizen who benefited with the loan since December 2014;
Baron Chris
Future Training Ground Loans
As has become routine the Ministry of Finance offer loans to citizens during promotional periods to help them upgrade their strength buildings.
Upgrading your strength buildings is the best way to earn income as it allows you to receive Super Solider medals much quicker. A Q4 Weights Room & Q4 Climbing Center (without any contract training) earns the most money of any training/contract combination. Together they will earn you 13.38g/month (0.446g/day) after you pay the daily training.
Please note the Ministry of Finance will only approve new loan applications during promotional periods so make sure you subscribe to the Bank of England News so you can use the banner link above to apply for a loan when the next promotional period starts. You may apply speculatively if you desire however the best advice is to stay active, informed and put an application during a promotional period
Our Country's Organisations
As part of a more transparent Government - Our Organisations and their current use.
Changes to our Organisations
HMS Fezoj now used for the eUK Ministry of Innuendo
Full Listings
Unused Governmental Organisation
British Health Clinic
Department for Munitions
eUK Exchequer
eUK Royal Mint
Forex Reserve
HM Treasury
Reflex Blue Graphics
South West Clinic
Start Companies
Arab Development
Sirius HQ
Knights of St Andrew
Rocket Team
Unused Former Military Organisations
41 Commando
43 Commando
HMS Defiant
HMS Hassan Pessaran
Legion Org
RAF Mobile Command
Royal Artillery Supply Org
Royal Guard QM
Royal Navy Advertee Unit
RN Charlie Platoon
Special Forces Russia
The Imperial Guards
UK Army VI
UK Army VII
UK Army VIII
UK Army X
The Royal Guards
HMS Cardiff
HMS Aurora
HMS Belfast
Ulster's Own
The British Army
Loaned Organisations
MWC needs pants - mwcerberus
HMS Accalia - Sven Goran Duran-Duran
Government Organisations used for Newspapers/Ministerial use
Department for Work (Minister of Education Org)
Ministry of Defence (MoD News Org)
Foreign Office (Foreign Office News)
Bank of England (BoE's News Org)
eUK Home Office (MoHA's Org)
10 Downing Street (CP's Org)
Speaker of the House (Speaker's Org)
Ministry of Entertainment (MoEnt's Org)
Ministry of Glorious Praise
Internal Defense Bureau
eUK Ministry of Innuendo formally known as HMS Fezoj
Charitable Organisations
Comintern - Sir Rex Fleddington
Ministry of Health (NHS Org) - Alan Warwickshire/FightAndProduce
The Equitable Pioneers - Huey George (WRP)
eBrit University - Madelina de Melrose
Others including Organisations for community use
eUK Rock Paper Scissors - iAdrastos
Organisation loaned to Military Units
bYr Corp (TUP Familiy)
Endless Pleasure (Liberty)
Funky Militia
Peoples Army Commune
The Irregulars
The Royal Navy
Squad B Royal Navy
The Vagabonds (Royal Army Dental Corps)
Robbing Bastard Scumbags formally UK Army VI (Royal Army Dental Corps)
The RosenQueen Company (Prinny Squad)
Please get in touch if you'd like to rent an Organisation. We are looking for 2,500cc a month however will consider reduced rates for newer/younger citizens depending on demand.
Close
For any further information don't hesitate to contact your MoF team.
Huey George - Governor of the Bank of England and Co-Minister of Finance
Paulus G - Co-Minister of Finance
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Comments
Nice report.
Thank you, SerF o/
You have Rob the Bruce twice in your debt ledger
probably because he took another loan out.
This is a whole lot of article to get only 2 comments and 10 votes in 2 days :/
It lacks lies and slander, so no one in eUK gives a shit
I was looking through the articles and I saw that this one still has 10 votes after 2 days, shame that people give useless articles more votes :/
This article is hard evidence of ppl doing actual work for the community.
Efficiently and effectively.
And nobody cares ;_;
http://www.erepublik.com/en/article/mod-wasting-your-money-on-pointless-co-s-2482837/1/20
would also stop this kind of nonsense if people took few minutes to check the entire media module!
Yes, thanks for letting me know in case it was a mistake however Rob the Bruce has repaid one loan and has a 2nd loan outstanding at the moment, which I admit isn't too clear in the article.
Admit to nothing but doing some quality work there bro
Good article, needs more votes so more people see it!
Also, are Croatia and Macedonia giving us back the taxes from the regions they're occupying? I thought someone said they were, in Macedonia's case especially this would seem fair since as far as I know the only reason for them being there is to ensure they have congress.
Yes.
Thank you Jiminy o/