Reply to post: Re: "It isn’t just the innumerati - Richard Murphy, Prem Sikka, Russell Brand, the Corbynite Left"

Five reasons why the Google tax deal is imploding

Boris the Cockroach Silver badge
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Re: "It isn’t just the innumerati - Richard Murphy, Prem Sikka, Russell Brand, the Corbynite Left"

Chatting to my boss today (and hes the sole owner of the business) he utterly hates this google tax deal, and hes the sort of right wing nutter who'd vote tory no matter what insane policies they had.

Why does he hate it? and the small/medium businesses we supply hate it?

BECAUSE THEY HAVE TO PAY FULL CORP TAX ON THEIR PROFITS BECAUSE THEY ARE UK BASED.

They cant avoid it, if they try delaying paying it, inland revenue tends to turn up with menaces.

And then the tories let google off by paying a pittance on what they really owe.

Perhaps I should go self employed and base myself in the Cayman islands.. and see if the government will cut me a nice deal that means I only pay 10% tax on my income instead of the 35% or so that gets demanded....

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