topic The UK Government, Google & Tax in The Round Table

The UK Government, Google & Tax

al**bear — Thu, 13 Jun 2013 04:42:29 GMT

So our MPs is crying foul over Google & OTHERS , trading in the UK, but not paying full UK Taxes ( estimatedthey pay a lot less than 1% ), they get fantastic Tax breaks in Southern Ireland so stick Registered Offices over there..

Quite right, We all say, Make them pay the Taxes due on their UK operations.

Have we heard from Osborne ?

Of course we haven't,

because He has been filling the City of London with registered Offices of German & French companies, doing the exact same thing to their respective countries.

😉

Re: The UK Government, Google & Tax

spawnjohnuk — Thu, 13 Jun 2013 08:58:30 GMT

hypocrites describes our politicians perfectly ,add slimey to the tory ,lying to labour ,creepy to liberals and two faced to ukip and bobs your mp 🙂

Re: The UK Government, Google & Tax

not-another-one — Thu, 13 Jun 2013 14:37:44 GMT

Alas the perils of being in the EU. As one big market place a company can chose which country it wishes to be based in regardless of were it trades within the EU. One main clincher is taxation. As mentioned Ireland is a favorite as is Luxembourg both because of tax rates.

Ebay and PayPal UK did the same thing a number of years ago which is why your Ebay invoice at the end of the month includes tax/VAT at Luxembourg rates.

None are breaking any laws and many have been doing it for many many years. What can be done, best ask UKIP.

Some will as stated above prefer the UK, taxation in France has shot up since the new government took over and like with our now gone 50% higher rate income tax this will cost their treasury a lot of income that will have to be made up by the poorer of their society that can't get around such things.

Re: The UK Government, Google & Tax

Anonymous — Thu, 13 Jun 2013 17:30:34 GMT

Osborne, ha he's as much use as a used squib.

Re: The UK Government, Google & Tax

upthecreekyetagain — Thu, 13 Jun 2013 18:03:10 GMT

Corporation tax wherever it is paid is a taxation on the employed.

Broadly speaking company profit can only be used for one of two things - dividends for shareholders or expansion of the company.

If paid as dividend then the shareholders are taxed, normally at higher rate than corporation tax - if invested in company expansion then in general this results in greater employment opportunities.