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Previously on "We're all in this together"

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  • Clippy
    replied
    Originally posted by Spacecadet View Post
    You mean Guardian.

    I knew I had read a similar article recently - the PE article was very good.

    Kudos for posting it a month ago.

    Leave a comment:


  • Spacecadet
    replied
    Nice of the telegraph to catch up

    http://forums.contractoruk.com/gener...avoidance.html

    Leave a comment:


  • HairyArsedBloke
    replied
    Originally posted by AtW View Post
    It's not surprising when corporation tax is so high in this country.

    IMHO corp tax should be varied depending on whether particular company provides local employment - there is extra tax gains on that, so it can be entirely justifiable for Vodafone to pay 10% corp tax (but in full without any cheats), on the basis that they provide substantial service and employment in this country.

    Leave a comment:


  • AtW
    replied
    Originally posted by VectraMan View Post
    Why do we have corporation tax? Better to tax shareholders in full on dividends, and not tax companies on profits.
    Vodafone still employs a lot of people, in my model though such reduction would have resulted in higher corp tax to be paid.

    Trouble with universal zero corp tax is that shareholders might reside outside of country where they pay 0% tax, or just be here but try to do the same (re BN66).

    If company provides big employment, big service then in my view it should have smaller corp tax, where as if its a dirty spekulant then corp tax should be highest, and if not registered here for tax purposes then no operation on markets allowed (punishable by SAS in the event of non compliance).

    Leave a comment:


  • VectraMan
    replied
    Originally posted by AtW View Post
    IMHO corp tax should be varied depending on whether particular company provides local employment - there is extra tax gains on that, so it can be entirely justifiable for Vodafone to pay 10% corp tax (but in full without any cheats), on the basis that they provide substantial service and employment in this country.
    Vodafone are making 400 people redundant in Banbury.

    Why do we have corporation tax? Better to tax shareholders in full on dividends, and not tax companies on profits.

    Leave a comment:


  • Alf W
    replied
    Thought this was going to refere to the Vodafone potentially owing India £2.5bn in unpaid taxes story.

    Please do the needful and revert.

    Leave a comment:


  • AtW
    replied
    It's not surprising when corporation tax is so high in this country.

    IMHO corp tax should be varied depending on whether particular company provides local employment - there is extra tax gains on that, so it can be entirely justifiable for Vodafone to pay 10% corp tax (but in full without any cheats), on the basis that they provide substantial service and employment in this country.

    Leave a comment:


  • Clippy
    started a topic We're all in this together

    We're all in this together

    Vodafone's tax case leaves a sour taste.

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