FabSwingers.com > Forums > The Lounge > I hate big corporations that dont pay UK tax
I hate big corporations that dont pay UK tax
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By (user no longer on site) OP
over a year ago
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I hate big businesses that make their money in the UK and are allowed by the UK government to funnel it through a porta cabin in Luxumberg depriving the UK of the tax on profits raised from UK consumers !!!!!
Any one else feel that way or are we still beating the poor with a big stick !!!!!!
Yes I am employed and do pay my taxes !!!! |
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This wont get nearly as many posts as the I hate benefit scroungers thread or the benefits cheats thread, as its not as controversial and unfortunitly people seem to thrive on drama here.
completly agree with your post though sir  |
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By (user no longer on site)
over a year ago
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Totally agree with your post. Why should huge companies like Vodafone and amazon get away with paying no tax. Amazing what bunging the government lets you get away with isn't it. Only the Tories would put someone in charge of money that failed Maths at school |
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By (user no longer on site) OP
over a year ago
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"This wont get nearly as many posts as the I hate benefit scroungers thread or the benefits cheats thread, as its not as controversial and unfortunitly people seem to thrive on drama here.
completly agree with your post though sir "
Thank you that is exactly what I thought !!!!!! |
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By (user no longer on site)
over a year ago
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"This wont get nearly as many posts as the I hate benefit scroungers thread or the benefits cheats thread, as its not as controversial and unfortunitly people seem to thrive on drama here.
completly agree with your post though sir
Thank you that is exactly what I thought !!!!!! "
The law was passed by the EEC as far as I know. |
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By (user no longer on site) OP
over a year ago
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"This wont get nearly as many posts as the I hate benefit scroungers thread or the benefits cheats thread, as its not as controversial and unfortunitly people seem to thrive on drama here.
completly agree with your post though sir
Thank you that is exactly what I thought !!!!!!
The law was passed by the EEC as far as I know."
Ok ..... that is good we can go back to beating the poor then !!!!! |
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By (user no longer on site)
over a year ago
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"This wont get nearly as many posts as the I hate benefit scroungers thread or the benefits cheats thread, as its not as controversial and unfortunitly people seem to thrive on drama here.
completly agree with your post though sir
Thank you that is exactly what I thought !!!!!!
The law was passed by the EEC as far as I know."
That cant possibly be the reason for the govt's determination to stay in europe can it? brown envelopes all round! |
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"This wont get nearly as many posts as the I hate benefit scroungers thread or the benefits cheats thread, as its not as controversial and unfortunitly people seem to thrive on drama here.
completly agree with your post though sir "
Soo true . Its easy to beat on the benefit thread because the govenment and media tell people to but they do that to take the attention away from the corporations because the politicians need a job with these companies when they get kick out of power for fiddling there expenses but im not cynical  |
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I make a point of boycotting those companies that don't pay their fair share of tax here in the UK, like Starbucks, Google and Amazon just to name a few. I refuse to use their services on principle, and will always choose to use other companies who pay their fair share of tax here in the UK instead. If eveyone did the same over the whole of the UK then the companies might have a change in attitude. Lets face it the government don't seem to be doing much about it. |
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I tend to agree when the 'UK Company' like Amazon doesn't employ a significant number of people in the UK. Most UK businesses contribute significantly in Income Tax, National Insurance, Pension Contributions, etc - so Corporation Tax is generally a smaller component based on what's left. If no-one is employed and sales are routed through Ireland like Google do, then the Corporation Tax component should be much higher. It would be better to compare tax contribution to the UK economy as anything else doesn't tell the whole story. A bit dull I know, but its hard to be provocative if you use the facts - just look at the Scottish Independence arguments! |
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I agree with much of what has been said but wonder sometimes if same individuals,who are up in arms about tax evasion/avoidance etc,if they had the opportunity to pay less tax,would they refuse on principle??
Isnt it true that most people want more!!! which is why we are here...  |
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"I hate big businesses that make their money in the UK and are allowed by the UK government to funnel it through a porta cabin in Luxumberg depriving the UK of the tax on profits raised from UK consumers !!!!!
Any one else feel that way or are we still beating the poor with a big stick !!!!!!
Yes I am employed and do pay my taxes !!!!"
I hate them as much as you do, but sadly you are blaming the wrong people.
It is very easy to say that the British government should do something about it, but in most cases its hands are well and truly tied.
It way well be a portacabin in Luxembourg but the truth is that Luxembourg and the portacabin are in the EU.
All EU company's pay their corporation tax in the country where they are registered, and if a company decides to locate itself in Luxembourg or anywhere else in the EU it is perfectly legal under EU law.
The British government whether it be Labour, Conservative, or coalition can do sod all about it.
Maybe if the UK reduced its tax rates to Luxembourg levels they would be happy to pay them in Britain. Now there's a novel idea. |
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By (user no longer on site)
over a year ago
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Yea lets go beat on the poor people give me a stick so i can beat my self lmao any way while you are all watching the news 0.1% of truth that it tells none of this will be relevant when the eu and American economy falls completely and the whole working class becomes poor so lets all go vote in a corrupt election we are nearly pawns in a corporate game of chess |
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By *r-UniqueMan
over a year ago
Carmarthenshire |
Any person or company should pay whatever the tax rate that the area they are in asks for. That way it's far as everyone is paying the same tax.
It's not right celebrities and big companies can get caught and still whatever they get as a punishment. It still doesn't affect them. |
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"I agree with much of what has been said but wonder sometimes if same individuals,who are up in arms about tax evasion/avoidance etc,if they had the opportunity to pay less tax,would they refuse on principle??
Isnt it true that most people want more!!! which is why we are here... "
I think it sticks in the throat a bit when the Inland revenue and the taxman goes relentlessly after the little people, if you owe them one or two pounds they will send you nasty letters and threaten to take you to court over it.
Then the same Inland revenue seems to just let these big companies get away with avoiding paying thousands upon thousands in tax, its all a question of fairness and people can see blatant inequality happening. |
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By (user no longer on site)
over a year ago
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Good on em. Everyone here would pay less tax if they could. God bless the tories, long may they rule. Done nothing but good for this country and are leading the way forward to prosperity. |
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By *r-UniqueMan
over a year ago
Carmarthenshire |
If it was legal and above board. Would I go out of my way to pay less tax. I probably would. Don't earn enough. So need all the pennies I can get. If I was earning millions or my life was extremely comfortable financially. Would I do it then. No I wouldn't. Wouldn't feel the need to either and I wouldn't want to and I would like to do what I can to get the country back on it's feet. |
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"Cafe Nero .... My Hero
Don't forget Vodafone, love the way they got out of billions. Got to admire tax planning like that.
Starbucks
Jimmy Carr
Harry Rednapp"
Now you are getting closer to the bigger issue.
Vodafone, Starbucks, Amazon, are regular targets for abuse, but the amount of money that disappears from premiership footballers into their own offshore company's would be astounding.
Not many people get wound up about that one though, as long as my/his/her team pick up a silver pot or two.  |
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"I agree with much of what has been said but wonder sometimes if same individuals,who are up in arms about tax evasion/avoidance etc,if they had the opportunity to pay less tax,would they refuse on principle??
Isnt it true that most people want more!!! which is why we are here...
I think it sticks in the throat a bit when the Inland revenue and the taxman goes relentlessly after the little people, if you owe them one or two pounds they will send you nasty letters and threaten to take you to court over it.
Then the same Inland revenue seems to just let these big companies get away with avoiding paying thousands upon thousands in tax, its all a question of fairness and people can see blatant inequality happening. "
I know, but blatant inequality has gone on as long as I can remember...fairness is just an ideal alas,life is never fair...greedy fuckers!! |
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By (user no longer on site) OP
over a year ago
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Too many companies are telling our government what they are willing to pay !!!! The HMRC has come to an "arrangement " with Café Nero so they dont pay certain taxes !!!!
These are the things that should be changed by government legislation.
Café Nero state that they pay Vat and other taxes !!!! so basicly they get to choose what they are willing to pay.
Dear director of the HRMC can I please stop paying National Insurance as I don't like it and after all I do pay income tax !!!!
Not gonna happen !!!!!!! as I am not a big corporation !!!!! |
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There was a graphic in the Guardian last year. It was the governments own statistics translated into circles. The bigger the number, the bigger the circle. On a sheet of A4, the money lost in benefit fraud can hardly be seen. It's £1.2 billion (which is *smaller* than the £1.4 billion the government estimates it overpays in error). The amount lost in tax (again, governments own estimate) is £120 billion.
As the posters that have used this graphic ask:
"Where would you start ?"
But then, as Stewart Lee points out, "you can prove anything, with facts". |
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"Too many companies are telling our government what they are willing to pay !!!! The HMRC has come to an "arrangement " with Café Nero so they dont pay certain taxes !!!!
These are the things that should be changed by government legislation.
Café Nero state that they pay Vat and other taxes !!!! so basicly they get to choose what they are willing to pay.
Dear director of the HRMC can I please stop paying National Insurance as I don't like it and after all I do pay income tax !!!!
Not gonna happen !!!!!!! as I am not a big corporation !!!!!"
If it was only so simple.
The myth is that the British government can do anything about it.
International company's are exactly that, International, and pay corporation tax in the country of registration. While international company's with a physical presence in Britain are required to set up a UK subsidiary they can quite easily (and legally) channel the profits back to the parent company. Quite often by way of licencing copyright material such as trading names Etc. but there are many other ways such as re invoicing goods to name just one.
Modern technology and communications also make it quite easy for a company to trade in Britain without any physical presence which negates the need for a UK subsidiary.
For most company's the system works well for them and the taxman but there will always be one or two that take the piss.
The difficulty for the British (or any other) government is that many of the rules are set either in Brussels, or as part of various international trade agreements, so changing them isn't just as easy as an act of parliament. Even if it was, changing the rules to clamp down on some of the abuse could also have a negative effect on inward investment.
That is why HMRC are forced into the "sweetheart deals" with some of the big international players. The rules are there and cannot easily be changed so HMRC has no alternative to negotiate to get some money in, which is a lot better than nothing.
I would add that this isn't anything new, much of it went on during the last Labour government. I'm pretty certain that Gordon Brown would have been the first to act if he could.
It just seems that these days it has become a convenient stick to beat the Tory boys over the head with. But hey, lets not let facts get in the way of a good bit of Tory bashing hey folks. |
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By *bi HaiveMan
over a year ago
Forum Mod Cheeseville, Somerset |
"Too many companies are telling our government what they are willing to pay !!!! The HMRC has come to an "arrangement " with Café Nero so they dont pay certain taxes !!!!
These are the things that should be changed by government legislation.
Café Nero state that they pay Vat and other taxes !!!! so basicly they get to choose what they are willing to pay.
Dear director of the HRMC can I please stop paying National Insurance as I don't like it and after all I do pay income tax !!!!
Not gonna happen !!!!!!! as I am not a big corporation !!!!!
If it was only so simple.
The myth is that the British government can do anything about it.
International company's are exactly that, International, and pay corporation tax in the country of registration. While international company's with a physical presence in Britain are required to set up a UK subsidiary they can quite easily (and legally) channel the profits back to the parent company. Quite often by way of licencing copyright material such as trading names Etc. but there are many other ways such as re invoicing goods to name just one.
Modern technology and communications also make it quite easy for a company to trade in Britain without any physical presence which negates the need for a UK subsidiary.
For most company's the system works well for them and the taxman but there will always be one or two that take the piss.
The difficulty for the British (or any other) government is that many of the rules are set either in Brussels, or as part of various international trade agreements, so changing them isn't just as easy as an act of parliament. Even if it was, changing the rules to clamp down on some of the abuse could also have a negative effect on inward investment.
That is why HMRC are forced into the "sweetheart deals" with some of the big international players. The rules are there and cannot easily be changed so HMRC has no alternative to negotiate to get some money in, which is a lot better than nothing.
I would add that this isn't anything new, much of it went on during the last Labour government. I'm pretty certain that Gordon Brown would have been the first to act if he could.
It just seems that these days it has become a convenient stick to beat the Tory boys over the head with. But hey, lets not let facts get in the way of a good bit of Tory bashing hey folks."
If laws are being broken then that's one thing.
If companies and businesses are operating within the law then I have no issue.
Likewise with benefit claims - if no laws are being broken, figures being fiddled and fraudulent claims being made - no problem.
Operating within the law is not a crime. Any business - small local firm or multinational is entitled to do what it can in the interests of its owners/shareholders to maximise revenues and profits so long as they abide by relevant legislation and law - including laws relating to tax - that's what being in business is all about.
A |
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"............. But hey, lets not let facts get in the way of a good bit of Tory bashing hey folks.
Not often we agree but 100% behind you on this."
Of course you would agree. Since when have socialists let cold hard facts get in the way of using emotive statements to muddy the waters?   |
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By (user no longer on site)
over a year ago
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I've never really understood tax, why is it the more you earn the higher percentage you pay? It's like punishing people for doing well, I think if tax was set at a set level for everyone there'd be less people trying to avoid it,
Also could our government not ban the non saying companies from trading in our country if they don't pay tax here? If they were to lose a billion dollar part of there company I'm sure they'd cough up then, or let another company take there place that will pay tax? |
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By *bi HaiveMan
over a year ago
Forum Mod Cheeseville, Somerset |
"I've never really understood tax, why is it the more you earn the higher percentage you pay? It's like punishing people for doing well, I think if tax was set at a set level for everyone there'd be less people trying to avoid it,
Also could our government not ban the non saying companies from trading in our country if they don't pay tax here? If they were to lose a billion dollar part of there company I'm sure they'd cough up then, or let another company take there place that will pay tax?"
I'm sure the thousands of people who work for these companies would be hugely grateful as they join the unemployed! 
A |
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"This wont get nearly as many posts as the I hate benefit scroungers thread or the benefits cheats thread, as its not as controversial and unfortunitly people seem to thrive on drama here.
completly agree with your post though sir
Thank you that is exactly what I thought !!!!!!
The law was passed by the EEC as far as I know."
No it was not, some sort of ukip propaganda ? |
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"I've never really understood tax, why is it the more you earn the higher percentage you pay? It's like punishing people for doing well, I think if tax was set at a set level for everyone there'd be less people trying to avoid it,
Also could our government not ban the non saying companies from trading in our country if they don't pay tax here? If they were to lose a billion dollar part of there company I'm sure they'd cough up then, or let another company take there place that will pay tax?
I'm sure the thousands of people who work for these companies would be hugely grateful as they join the unemployed!
A"
Oh please ! that age old bollox argument, tax the banks people say, banks say if you do we will leave. So simple question to you, who should the uk be governed in favour of, the people or banks and business ? Besides as a tax payer i resent companys holding a gun to the head of the uk population and on that principle alone i would tax the fuck out of them, if they tried to leave i would seize their assets. A bit like argentina threatened to do. Its a call my bluff scenario in which greedy politicians who benefit directly and indirectly from allowing these wankers to avoid tax favour. If they truly represented the people then they would call their bluff. |
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"I've never really understood tax, why is it the more you earn the higher percentage you pay? It's like punishing people for doing well, I think if tax was set at a set level for everyone there'd be less people trying to avoid it,
Also could our government not ban the non saying companies from trading in our country if they don't pay tax here? If they were to lose a billion dollar part of there company I'm sure they'd cough up then, or let another company take there place that will pay tax?
I'm sure the thousands of people who work for these companies would be hugely grateful as they join the unemployed!
A Oh please ! that age old bollox argument, tax the banks people say, banks say if you do we will leave. So simple question to you, who should the uk be governed in favour of, the people or banks and business ? Besides as a tax payer i resent companys holding a gun to the head of the uk population and on that principle alone i would tax the fuck out of them, if they tried to leave i would seize their assets. A bit like argentina threatened to do. Its a call my bluff scenario in which greedy politicians who benefit directly and indirectly from allowing these wankers to avoid tax favour. If they truly represented the people then they would call their bluff."
Of course it's call my bluff, but probably the most dangerous version imaginable.
Should the financial services sector pull out of, or even significantly reduce its presence in London it would be disaster for Britain of biblical proportions. The taxes that they do pay, and it is in tens of billions, is in a large part what keeps the country going. Only the oil and gas industry contributes more to government coffers and that figure is distorted by fuel excise duty that we all pay.
Should the square mile upsticks and leg it to Zurich or Frankfurt, or Luxembourg, or Singapore (the list of suitors is a large one)there would be no more arguments about the welfare state or the NHS because neither would exist in their current form. At the moment the international bankers stay in London (and pay higher taxes than they would elsewhere) because of the stability and prestige of London. It wouldn't take many comments like "tax the fuck out of them" or "seize their assets" to make many of them seriously think twice.
But enough of bankers. Like any other major economy Britain needs inward investment from abroad. It is a governments job to make a country a good place to do business and create jobs. Even the slightest whiff that a future government would "tax the fuck out of them" or "seize their assets" would have them running for the hills en mass. Yes the bloody stupid woman that is in charge of Argentina threatened it, but the damage caused by just the threat was enough to make her back pedal faster than Bradley Wiggins.
As I've said before on other threads. If you want a glimpse into the future of what a Socialist high taxation government would do to Britain. You only have to look across the channel at the slow motion train wreck that is the French economy. Hollande tried to "tax the fuck out of them" and look where it got him. |
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