Budget 2012

[Sysman]

37p on fags - glad I gave up!

I can remember when it was 3p on fags and a penny on beer.

Inflation eh?

[BrilloPad]

12.5% in Ireland, maybe Chancellor should have mentioned that his rate will still be almost double of next door English speaking country.

With nicer people and better beer.

[NickFitz]

If Irish corp tax rates are so attractive, and it is so paramount, why doesn't every company in the world operate out of Ireland??

Their economy went to hell in a handbasket. Doesn't say much for the argument that lower taxation of business is good for the overall economy

[BrilloPad]

Their economy went to hell in a handbasket. Doesn't say much for the argument that lower taxation of business is good for the overall economy

Only because they joined the Euro. When they leave the Euro they will be fine.

[eek]

With nicer people and better beer.

A rather more limited choice on the beer front tho.

[BrilloPad]

George announces tax on internet trolls - £1 per post.

[AtW]

Their economy went to hell in a handbasket. Doesn't say much for the argument that lower taxation of business is good for the overall economy

Low tax was good for business, they just wrongly used the money to get into debt.

[Sysman]

Because there are even lower rates elsewhere, but a lot of big US companies setup there - say when you pay Google UK money to advertise they actuall go to Google Ireland, where as in UK Google paid £400k corp tax few years ago, yes that little despite sales of like £2 bln per year.

Facebook are in Ireland too (which is why EU privacy laws apply to them for European users).

Dell and Compaq used to have large assembly plants there as well. Dunno about now.

[d000hg]

If Irish corp tax rates are so attractive, and it is so paramount, why doesn't every company in the world operate out of Ireland??

That's what WAS happening until...

Their economy went to hell in a handbasket.

[Jog On]

I hope he doesn't mess with spread betting tax rates...