Budget

[Notch7]

tax avoidance is back on the boardroom agenda

Oh so businesses haven’t been avoiding tax upto now

Oh wait a minute…….

UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners​

This article is more than 1 year old
TaxWatch analysis estimates British arms of seven major tech firms paid £750m in corporation tax instead of possible £2.8bn

UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners

TaxWatch analysis estimates British arms of seven major tech firms paid £750m in corporation tax instead of possible £2.8bn

www.theguardian.com

 

[motorbiking]

Breaking news - right wingers don't like the Labour Government. You heard it here first...

Right wingers. You are funny. have you seen the polls? Starmer unpopular, government unpopular, budget unpopular.

The only thing they seem good at is growing taxes, unemployment, debt and illegal immigration.

 

[motorbiking]

Oh so businesses haven’t been avoiding tax upto now

Oh wait a minute…….

UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners​

This article is more than 1 year old
TaxWatch analysis estimates British arms of seven major tech firms paid £750m in corporation tax instead of possible £2.8bn

UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners

TaxWatch analysis estimates British arms of seven major tech firms paid £750m in corporation tax instead of possible £2.8bn

www.theguardian.com

You made my point perfectly.

It took 30 mins to get around Reeves’ tax grab. One teams call and everyone said - yes.

 

[Murdochcat]

Oh so businesses haven’t been avoiding tax upto now

Oh wait a minute…….

UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners​

This article is more than 1 year old
TaxWatch analysis estimates British arms of seven major tech firms paid £750m in corporation tax instead of possible £2.8bn

UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners

TaxWatch analysis estimates British arms of seven major tech firms paid £750m in corporation tax instead of possible £2.8bn

www.theguardian.com

They haven’t been avoiding taxes. They are paying them in countries where the taxes are lower

Expect more of this in the future

 

[transam]

Well 75 million quid has been thrown at this boat caper coming from France

Sorted

Problem solved

 

[ReganAndCarter]

The only thing they seem good at is growing taxes, unemployment, debt and illegal immigration.

Just like 50 years ago. Some things never change.

 

[Brigadier]

while gouging what they can.

That was the last lot; good to see that you still hold them accountable

 

[Notch7]

have you seen the polls? Starmer unpopular, government unpopular, budget unpopular

Im glad to see the back of right wing populism

sorting out 14 years of right wing BS means tough and unpopular decisions

I notice you dont have any better solutions

 

[Notch7]

The only thing they seem good at is growing taxes, unemployment, debt and illegal immigration

Motorbiking has a very short memory:

debt under Tories
In May 2010, when the Conservative-led coalition came to power, the national debt was £1.03 trillion. As of March 2024 it had risen to £2.6trillion

taxes under Tories
in the 2022/23 financial year the tax burden—which refers to tax revenues as a percentage of gross domestic product (GDP)—was at the highest level in over 70 years.

illegal migration under Tories
2022 saw record-breaking numbers of illegal migration to the UK, including:
Channel crossings
45,774 people crossed the English Channel in small boats in 2022, the highest number since data collection began in 2018

 

[motorbiking]

Do you really think reaves will collect the taxes she expects from her policies? She will be back next year wanting more when the tax take is down due to her growth stifling budget.

And debts going up, taxes are going up and illegal immigration is going up.

Funny you talk about 2022 when the numbers under the last government in 2023 were much lower. Not so much now under Starmer.

 

[Brigadier]

when the numbers under the last government in 2023 were much lower

Pre-election bull, to try to snatch another five years at the trough.

Are you honestly that wet behind the ears?

 

[denso13]

The only thing they seem good at is growing taxes, unemployment, debt and illegal immigration.

Vote them out in four and a half years then, that's how it works. Until then, you're stuffed...

 

[denso13]

Quite a few lefties I know aren't overly keen on them, I'd go as far as to say some regret voting for them, it's really not what they were expecting nor led to expect by way of their manifesto.

It's tough at the top, with tough decisions needed to sort the mess out. They are doing fine for now.

 

[Notch7]

growth stifling budget

growth under Tories = 0%
OBR forecast based on Labour budget = 2%

how embarrassing for you

 

[Notch7]

Funny you talk about 2022

Who was in power in 2022 when channel crossing were the highest

Not so much now under Starmer.

figures based on the months of July, August September, a period when weather is good and the crossing numbers are the highest