It seems there are still issues at the ICA despite people being generally supportive of the new boss, Gregor Muir.
Apparently the VAT bill for hires is huge and the VAT wasn’t charged back to the clients leaving the ICA’s finances in a very poor state, though not that this is anything new. Apparently it’s a little like groundhog day in the accounts department.
Staff are being culled but those at the top are not taking any cuts to their substantial salaries, which is great news for Karen Turner who after working as a consultant for the ICA and being responsible for the first wave of redundancies, is now the MD and responsible for a second wave.
Soon there will be no one left to sack and the ICA will be a nice building on The Mall that you can hire for weddings and Conservative Party events, without any VAT to pay at all.
And so it goes…