Reply to post: Re: @Ledswinger "Its an excellent idea......"

Hi Amazon, Google, Apple we might tax you on revenue rather than profit – love, Europe

Mark Dempster

Re: @Ledswinger "Its an excellent idea......"

>My business has 2 revenue streams - software reselling and consultancy. On software, I make between 10% and 15%. Consulting is 100% (it's only my time). A turnover tax would hit the software side disproportionately - I'd just stop reselling software.

Net result - less tax for government, less profit for me, more software sales going direct, customers get poorer advice. Everyone loses.<

Not true. The customers would still need that software, so would buy it from somewhere else & the tax would still be paid. You might just find that advising people on what software to buy becomes part of your consultancy, if you're not prepared to resell it yourself.

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