I Discovered a Maths Loophole in UK Tax
524,009
Published 2023-04-20
Yet to be sponsored by Hubbard's Foodstore Spaghetti Rings in Tomato Sauce. Click here for 0% off your order! www.sainsburys.co.uk/gol-ui/product/sainsburys-bak…
National Insurance rates and categories (by Hey Mate, Right Cash) www.gov.uk/national-insurance-rates-letters
Huge thanks to my Patreon supporters. You're all tariffic. www.patreon.com/standupmaths
CORRECTIONS
- At 05:56 I say “standard leap year” when I mean “standard year”. Sorry! First noticed and reported by Blueboy5678 and Hari Krishnan.
- User “Go Away” corrected a typo in the above correction.
- Let me know if you spot anything else!
Filming and editing by Alex Genn-Bash
Graphics by William Marler
Written, performed and embezzled by Matt Parker
Produced by Nicole Jacobus
Music by Howard Carter
Design by Simon Wright and Adam Robinson
MATT PARKER: Stand-up Mathematician
Website: standupmaths.com/
US book: www.penguinrandomhouse.com/books/610964/humble-pi-…
UK book: mathsgear.co.uk/collections/books/products/humble-…
All Comments (21)
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Expectation: how the government is ripping you off Reality: how Sainsbury is ripping you off
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It feels like the Sainsbury pricing loophole discovered by Matt's team may be a bigger problem than the tax loophole here.
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Charging £1.05 for a can of minimum quality spaghetti hoops listed at 16p is absolutely insane. Now I'm paranoid that I've been massively overpaying for my shopping without even noticing.
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So how is no one talking about the fact, that he says: "I'm going to fix my own tax problems" and in the next shot he is standing in zurich, switzerland😂
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I think the more dramatic reveal of this video is that apparently Sainsbury's is running a false pricing scheme
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This video has taught me to double check prices in stores. The shelf saying 0.16 for something 1.05 is outrageous!
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I like to imagine Matt spent a solid 17 minutes explaining this to his accountant while their eyes glazed over.
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As a minor who doesn't live in the UK or pay taxes, this feels very relevant to me
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If we learned anything today, it is to always document the shelf price of anything you pick up at sainsburys, and check the price after scanning.
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As a non-resident of the UK, living in the USA, I now know less about UK tax law than before I started watching. Thank you, Matt, for freeing up space in my brain.
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That joke at the end got me, you're 100% in the UK and absolutely not in Zurich avoiding your taxes 🤣
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I think Stand Up Maths now needs to do a follow up video where we teach some of the team members how to interpret Sainsbury's pricing signs.
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Reminder to always check your receipts before leaving the store when making pedantic maths videos
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I love this "anti-clickbait" way of answering the title of the video immediately after video starts playing! (or telling you where to jump) First I saw Tom Scott doing this, now Matt Parker, I really hope that more people will follow and change the clickbait mentality! ♥
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In Québec, Canada, there's a law to protect consumers from incorrect pricing in stores. For one, if any item of $10 or less scans at the wrong price at the cash, the store has to give it to you for free. For higher prices there's some kind of discount ratio.
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The 4 1/3 comes from 52/12 because even though there aren't 52 weeks in a year, there are always 52 weekly paydays in a year. The first payday of a year is usually for more than one week (covers the tail end of the previous year). Unfortunately, this means there no loophole unless you switch between weekly and monthly midyear.
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I think this says more about Sainsbury's and their price discipline/comprehensibility than the minor small tax quirk !
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You came to fix the tax system, you ended up exposing false advertising. I think the issue is the price they are showing below the products is a "price match" and you have to go through some sort of stupid hoop to get that price.
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A shop near me does the same pricing shenanigans and have made multiple "We're committed to blah blah blah" PR statements when they get called on it. For the individual it's less than pennies, but if you scale it to hundreds - sometimes thousands - of customers a day, all year, it becomes a mad big number.
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Can't wait for part 2: showing the footage to Sainsbury's manager and demanding a refund :)
