What is your actual question ? Are you asking something like, if they can do it can I do it ? If so, nope, perish the thought.
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How do they get away with it?
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Originally posted by original PM View PostLook PG a non boomer who has managed to make his way in the world by working hard and not bitching about everyone else taking his opportunities.....
bet he can afford a houseComment
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Tax avoidance by large corporations is kind of an industry in its own right. The corps are the customers, the big 4 consultancies the suppliers, and the government provides the legal framework, and occasionally legal havens (guernsey, cayman islands etc) to make it all work. The government also ensures that HMRC keep the focus on the little people while turning a blind eye to the corps.Comment
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Originally posted by FatLazyContractor View PostThey paid employees instead. These employees pay tax on their earnings, bonuses and dividends.
I dont quite see what's wrongLet us not forget EU open doors immigration benefits IT contractors more than anyoneComment
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Originally posted by unixman View PostTax avoidance by large corporations is kind of an industry in its own right. The corps are the customers, the big 4 consultancies the suppliers, and the government provides the legal framework, and occasionally legal havens (guernsey, cayman islands etc) to make it all work. The government also ensures that HMRC keep the focus on the little people while turning a blind eye to the corps.
However if they did not and they are another huge corp engaging in government facilitated massive tax avoidance that the likes of us are expected to subsidise then yes this needs to be addressed - by my mate Jezza in PMQs.
No more Facebook advertising for me!"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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Originally posted by Jog On View PostThis is where I have a problem with this. If Facebook did only make so small a profit on their UK earnings that their tax bill is this small then fine.
However if they did not and they are another huge corp engaging in government facilitated massive tax avoidance that the likes of us are expected to subsidise then yes this needs to be addressed - by my mate Jezza in PMQs.
No more Facebook advertising for me!Will work inside IR35. Or for food.Comment
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Originally posted by VectraMan View PostArticle says they made a £28m loss, so why are they paying any CT?"Is someone you don't like allowed to say something you don't like? If that is the case then we have free speech."- Elon MuskComment
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It's a rubbish article. The reason they paid so little was that they paid the vast majority of UK profit out as salary and bonus. Hector will have taken more tax from that than from any corporation tax due.Comment
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