Starbucks

[IR35FanClub]

It's easy to sort this out. Get rid of corporation tax, and PAYE and NI while you are at it. And make VAT on everything except raw unprocessed food 50%. Tax all imported products at the same rate (leave the EU if we have to) and then voila. No avoidance. Just retrain all the tax inspectors who look at company accounts to rifle through suitcases and shipping containers looking for playstations and camera equipment. Doesn't matter then if they make a profit here or not - they sold something so tax has to be paid. Copnsumptoipn taxes are the way to go. As they won't have to pay employers NI or PAYE taxes, or corporation tax, any profits they do make - can stay in the country and be invested - instead of going overseas.

[doodab]

Copnsumptoipn taxes are the way to go

**** yeah. Well tax those Copnsumptoipnists out of existence.

[IR35FanClub]

**** yeah. Well tax those Copnsumptoipnists out of existence.

Some cheeky monkey must have conbe into my ofrice and reargnmeged all my keyds.

[Robinho]

Problem then is suddenly my business would have a very large office that it operated out of which also had a convenient bed, shower and living room. All VAT free of course.

[vetran]

the comparison is between people using artificial overseas construct to avoid tax and people paying tax in the UK.

[d000hg]

OK. Your deliberate use of emotive biased phrasing that makes one sound fake and evil, and the other normal and natural, has convinced me. It's an outrage that these companies are screwing the UK out of tax that is desperately needed to pay us the state pensions we haven't contributed to.

[hyperD]

OK. Your deliberate use of emotive biased phrasing that makes one sound fake and evil, and the other normal and natural, has convinced me. It's an outrage that these companies are screwing the UK out of tax that is desperately needed to pay us the state pensions we haven't contributed to.

What state pension, old boy?

Gonna be none left when we retire at 80.

[Old Hack]

Quite funny you should say that as I work with a few Americans here and there is no escaping the IRS even here in Switzerland so much so even the Swiss government has caved in to US demands so that they can reclaim any taxes that have been avoided and this is just for individuals.

Can't the government just legislate to say income generated in the UK will fall under UK tax law, no exceptions? isn't that what they do with with individuals who legally come to the UK to work from other countries?

France does this. But I think they too would suffer what we do, which is the point is, they do have a taxable presence here, and it is liable for tax. However, they don't actually generate any profit, for they have micky mouse charges elsewhere to use their brand name for marketing, etc, etc.

So, effectively, they aren't paying tax, as they don't generate any profit. It's genious really. I think people should create a company in Vanuatua, and then charge the english affiliate an amount, variable year on year, which effectively removes profit from the UK ltd, pay the tax in Vanuatua (5%) and then ship the money home.

Could do it from Ireland too, but pay more or a percentage.

It's actually brilliant, and obviously not illegal. I can imagine a few shiny suited accountants currently thinking about the same thing as a wheeze...

[BrilloPad]

Gonna be none left when we retire at 80.

What makes you think you can retire that young?

[The Spartan]

France does this. But I think they too would suffer what we do, which is the point is, they do have a taxable presence here, and it is liable for tax. However, they don't actually generate any profit, for they have micky mouse charges elsewhere to use their brand name for marketing, etc, etc.

So, effectively, they aren't paying tax, as they don't generate any profit. It's genious really. I think people should create a company in Vanuatua, and then charge the english affiliate an amount, variable year on year, which effectively removes profit from the UK ltd, pay the tax in Vanuatua (5%) and then ship the money home.

Could do it from Ireland too, but pay more or a percentage.

It's actually brilliant, and obviously not illegal. I can imagine a few shiny suited accountants currently thinking about the same thing as a wheeze...

Whilst I can see what you're saying is indeed true and it is an ingenious idea, it's ludicrous that they can claim that they don't make any profit in the UK.

There is a Starbucks everywhere Cardiff city centre has 5 and they're always busy.