seems quite unfair a 2.5% pension increase??

[big-all]

now roughly £550 per 4 weeks comes from my state pension with 444 from my railway pension and about £9-12 off that will be paid in tax so around £13'800 before tax or perhaps around 13'500 after tax a year
now with covid we have had the bank off england printing money [fiscal easement] off perhaps 4- 8% taking money out all our pockets now heres the rub i am not complaining about being short changed iff anything it should be a zero increase in pension and perhaps a tax code reduction from £1260 to perhaps £1100[ so we all pay an extra £1or two a week towards covid

 

[JohnD]

The odd pound or two out of your pocket will not make much difference.

We need billions from tax-dodging billionaires and multinationals.

The new US government is proposing a Corporation Tax increase from 21 per cent to 28 per cent. UK is currently 19%.

France is bringing in a tax on Internet sales to French customers in France, ordered, paid for and delivered in France, by vendors that are nominally outside the country.

Here's a joke:

If Starbucks makes a profit of a billion before tax, what is their profit after tax?

A billion.

 

[Vinty]

The odd pound or two out of your pocket will not make much difference.

We need billions from tax-dodging billionaires and multinationals.

The new US government is proposing a Corporation Tax increase from 21 per cent to 28 per cent. UK is currently 19%.

France is bringing in a tax on Internet sales to French customers in France, ordered, paid for and delivered in France, by vendors that are nominally outside the country.

Here's a joke:

If Starbucks makes a profit of a billion before tax, what is their profit after tax?

A billion.

What is the point of countries like America raising Corporation tax rates when EU countries like Ireland allow multi nationals to launder their profits through the Irish tax system.

 

[big-all]

i agree the odd pound wont make any difference but at least it will be loaded fairly on the broadest shoulders unlike the past 10 or so years where the poorest have been hammered more than the better off

 

[SirGalahad]

What is the point of countries like America raising Corporation tax rates when EU countries like Ireland allow multi nationals to launder their profits through the Irish tax system.

Learn a bit about accounting and stop focusing on nominal tax rates which Corps hardly pay unless they have you as an accountant.

 

[Vinty]

Learn a bit about accounting and stop focusing on nominal tax rates which Corps hardly pay unless they have you as an accountant.

I was referring to Ireland as a tax haven for multinationals.

https://en.m.wikipedia.org/wiki/Double_Irish_arrangement

 

[ellal]

What is the point of countries like America raising Corporation tax rates when EU countries like Ireland allow multi nationals to launder their profits through the Irish tax system.

Indeed...

Hasn't Rees Mogg (amongst many others) moved his 'interests' there ahead of the brexit he craved for?

 

[JP_]

Indeed...

Hasn't Rees Mogg (amongst many others) moved his 'interests' there ahead of the brexit he craved for?

Of course - you'd be insane to keep your business in the UK after Brexit!

 

[motorbiking]

Learn a bit about accounting and stop focusing on nominal tax rates which Corps hardly pay unless they have you as an accountant.

Its a perfectly valid statement. Dublin does feed off the rest of Europe due to business taxes. I can't remember the last time I looked at a software or cloud contract that wasn't being "electronically" delivered from an EU tax haven.

 

[ellal]

Its a perfectly valid statement. Dublin does feed off the rest of Europe due to business taxes. I can't remember the last time I looked at a software or cloud contract that wasn't being "electronically" delivered from an EU tax haven.

Well technically until 31.12.2020 the UK was part of the EU...

But not thereafter...

Thus the following makes interesting reading!

 

[EddieM]

Well technically until 31.12.2020 the UK was part of the EU...

But not thereafter...

Thus the following makes interesting reading!

View attachment 224366

Which all set their own tax laws independently from the UK as you have been informed of many times before.

 

[ellal]

Which all set their own tax laws independently from the UK as you have been informed of many times before.

Blah Blah Blah...

Does the word 'territory' have any meaning for you?

Ireland sets it's tax laws independently of the EU, and yet it's treated differently by those who really do not have a clue!

Anyway, I thought independent Nations in the EU weren't Sovereign States and couldn't pass their own laws according to brexiteers?

Edit: Do you support corporate/individual tax evasion/avoidance?

Yes or no.

 

[EddieM]

Blah Blah Blah...

Does the word 'territory' have any meaning for you?

Ireland sets it's tax laws independently of the EU, and yet it's treated differently by those who really do not have a clue!

Anyway, I thought independent Nations in the EU weren't Sovereign States and couldn't pass their own laws according to brexiteers?

Edit: Do you support corporate/individual tax evasion/avoidance?

Yes or no.

Yes it means they are under the sovereignty of the UK, but are not part of the UK itself. Moreover they all have their own government's and localised laws of which you have been informed of before.

 

[SirGalahad]

Yes it means they are under the sovereignty of the UK, but are not part of the UK itself. Moreover they all have their own government's and localised laws of which you have been informed of before.

If they are attacked who will defend them and who pays for that?

 

[EddieM]

If they are attacked who will defend them and who pays for that?

Same as in 1982 I'd imagine.