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by kbob 5066 days ago
There is some financial trickery going on here. It's buried in Section 6.1.3 of the business plan (pp 23-24).

Any resident who invests £1500 or more can nominate a property for free connection and one year's free service. The tax authority gives a tax credit of 30% of that £1500, and the investment can be sold back in year 4 (2016?) at full value.

So, pay £1500 (or more) in 2012, get £450 in 2012 tax credit, then sell for £1500 in 2016. That's a 9.2% ROI plus free Gigabit Internet service. Of course, there's risk involved, just like any startup investment.