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Osborne & Google SHOCKER

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DanH Flag SW2 15 Feb 16 11.04am Send a Private Message to DanH Add DanH as a friend

Originally posted by Hoof Hearted

Booooooo

We were all hoping the Messiah of Tax Reform was going to enlighten us!


Unfortunately I'm no Messiah. Just a very naughty boy.

 

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Eustace H. Plimsoll Flag Aldershot 15 Feb 16 6.54pm Send a Private Message to Eustace H. Plimsoll Add Eustace H. Plimsoll as a friend

Originally posted by The Sash


Who probably aren't in the loop as much as I am to be honest. Know that from some transaction work of last year

What's worse - someone gloating "I told you so" or someone displaying remarkable grace and restraint when you know, however they're internally high-fiving themselves and saying "Nerr ner, ner ner nerr!"?

[Link]

Come on, Sash, you big prescient bugger, give us a big showboating gloat - you've earnt it.

(Oh, the various quote-references-links probably need to be clicked for this post to make any sense. (I regret I cannot offer any advice as to how to make this post interesting, however.))


Edited by Eustace H. Plimsoll (15 Feb 2016 7.01pm)

 


As a woman, I can step aside, or step up my game...

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Sportyteacher Flag London 15 Feb 16 6.57pm Send a Private Message to Sportyteacher Add Sportyteacher as a friend

Originally posted by DanH


Unfortunately I'm no Messiah. Just a very naughty boy.

Oh dear! Profoundly disappointed. I cast you to medical supervision under the so-called expert watchful support of George's Osborne's private practioning brother, Dr.Adam! Such a paragon of supreme healthcare...NOT!
Watch yer back!


[Link]

 

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Sportyteacher Flag London 15 Feb 16 7.05pm Send a Private Message to Sportyteacher Add Sportyteacher as a friend

Originally posted by Sportyteacher

Oh dear! Profoundly disappointed. I cast you to medical supervision under the so-called expert watchful support of George's Osborne's private practioning brother, Dr.Adam! Such a paragon of supreme healthcare...NOT!
Watch yer back!


[Link]

Umm...make that 'practising'. If you have a 'practitioner' on your hands, then be prepared for indecipherable behaviour!!!?!

 

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jamiemartin721 Flag Reading 16 Feb 16 10.31am

Originally posted by 20 Spaces Isnt Enoug


I assume that they paid a legally correct amount under both administrations.

Well yes, and no it seems. Obviously if they came to an agreement with HMRC and the government, they paid a legal amount of tax, but that doesn't necessitate that it was the 'correct amount'.

The problem is that this kind of situation affects British Businesses, and their capacity to compete with a company like Google, because they're UK based (and thus pay a far more significant amount of corporation tax, meaning greater operating overheads).

As such, Global transnationals have a very significant advantage in national markets, against national based competition, due to their far lower overheads.

Its a issue that nationalists curiously fail to embrace, the US franchisement of the UK.

 


"One Nation Under God, has turned into One Nation Under the Influence of One Drug"
[Link]

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jamiemartin721 Flag Reading 16 Feb 16 10.36am

Originally posted by DanH

Well I work in tax and I'm chartered qualified so have an inkling of how it all works.

Tax laws are all political. The industry knows it, big business knows it, the government knows it. Every sector in tax has a forum between the government and industry which is effectively for the industry to lobby the government on behalf of their major clients. HMRC stand no chance.

The existing corporate tax rules are are still largely based around the time when the UK was a manufacturing economy producing actual phyiscal goods. It's never really moved on to cope with the big boys selling IP and intangibles.

It has however been very willing to bring in ambigious tax legislation for small individual businesses on an almost continual basis of restricting expenses, dividends etc. i.e. people who have made a decent living for themselves (the self employed, who have tax laws that are so poorly defined, its almost impossible to determine if they affect you).

As always, the government serves the interests of big business, rather than its own citizens. The notion that its Labour or Conservative misses the point, its every UK government.

 


"One Nation Under God, has turned into One Nation Under the Influence of One Drug"
[Link]

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Only 10 a year!! Flag 17 Feb 16 9.08am Send a Private Message to Only 10 a year!! Add Only 10 a year!! as a friend

Originally posted by The Sash


Who probably aren't in the loop as much as I am to be honest. Know that from some transaction work of last year


Well she is off my Christmas Card list!!

 

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