Corporate Tax Clampdown

[Bob Dalek]

what's interesting is they seem to put as much effort pursuing an IT Contractor for a shortfall of £10K under IR35 as they do on a FTSE company turning over ££ billions and paying zero corp tax through complex avoidance techniques.

Madness.

Not mad. Once they have sewn-up all of the wrinkles (i.e. introduced new laws to make us pay), then Bingo! contractors are the new cash cow. Trebles all round at HMRC.

Going in for the kill with £billion businesses... threats of "We'll f--k off to South Asia and employ a few lady boys to build our whatevers." would hardly spread cheer in Westminster. No. Always go for the minnows, and the more the better.

[ratewhore]

Considering the article says about 200 large corporates are avoiding about 7 billion...

Woohoo, they only need to find another 493 billion now to pay for the banking fiasco...

[PM-Junkie]

what's interesting is they seem to put as much effort pursuing an IT Contractor for a shortfall of £10K under IR35 as they do on a FTSE company turning over ££ billions and paying zero corp tax through complex avoidance techniques.

Madness.

Might have something to do with said FTSE companies giving the government backhanders. Maybe. Perhaps.

[Sysman]

Woohoo, they only need to find another 493 billion now to pay for the banking fiasco...

Aye, that 500 billion figure was a bit of a shock. Convert it to USD and it's more than the USA's $700 billion, a country with 5 times the population of the UK.

Doomed.

[DimPrawn]

Aye, that 500 billion figure was a bit of a shock. Convert it to USD and it's more than the USA's $700 billion, a country with 5 times the population of the UK.

Doomed.

We just need (a lot) more immigrants.

Boomed!

[KentPhilip]

Might have something to do with said FTSE companies giving the government backhanders. Maybe. Perhaps.

Why don't we give the government some backhanders? A fiver from each of us stuck up Dim Prawn's thong and we'd all be seen alright.

But there again the idea of sticking anything up Dawn Primarollo is enought to make me want to pay the tax instead!

[DimPrawn]

Why don't we give the government some backhanders? A fiver from each of us stuck up Dim Prawn's thong and we'd all be seen alright.

But there again the idea of sticking anything up Dawn Primarollo is enought to make me want to pay the tax instead!

Had me worried for a moment.