UK social security payments 'at lowest level since launch of welfare state'

Sponsored Links
Sponsored Links
https://www.ft.com/content/00de4f00-b754-11e7-8c12-5661783e5589


Multinationals avoided paying as much as £5.8bn in UK corporate taxes last year by booking profits in overseas entities, a 50 per cent increase over previous government forecasts, according to newly published estimates from British tax authorities.

The sharp increase in HMRC’s estimates reflects a more aggressive interpretation of corporate tax laws since 2015, when new legislation was introduced to crack down on “transfer pricing” arrangements — transactions between different corporate entities belonging to the same multinational group.

Attorneys at Pinsent Masons, the law firm that obtained the new figures under a freedom of information request, said there had been a jump in HMRC inquiries at multinationals since the so-called Google tax was introduced by then-chancellor George Osborne.
 
So benefit fraud is a little over 25% of our net contribution to the EU budget (of which we're the 2nd or 3rd largest contributor) and you say it's "not a lot".

Words fail me.

Clearly numbers fail you too.

A bit like your hero Johnson, he somehow believes refurbing 6 hospitals is the same as building 40 new ones.
 
OK, OK, OK,

I took my figures simply from a few figures being bandied about on the previous page, Notch will only throw up percentages saying they're 'not a lot', although he fails to say what they're a percentage of, Govt spending, govt spending on benefits, gdp or all the money in the word.
Gal, throw up that pie chart you used to post at every opportunity showing how 'little' our eu contribution is and we can all use that as a reference point.
 
Multinationals avoided paying as much as £5.8bn in UK corporate taxes last year by booking profits in overseas entities, a 50 per cent increase over previous government forecasts, according to newly published estimates from British tax authorities.

Gal, I've just had a word with Notch, he confirms that's 'not a lot'. :D
 
net contribution to the EU budget (of which we're the 2nd or 3rd largest contributor)

Ryler doesnt understand that our EU contribution is not a zero sum game.

It isnt surprising, Brexiteers know nothing about regulatory alignment, they havent heard of NTBs let alone understand the cost implications.
 
OK, OK, OK,

I took my figures simply from a few figures being bandied about on the previous page, Notch will only throw up percentages saying they're 'not a lot', although he fails to say what they're a percentage of, Govt spending, govt spending on benefits, gdp or all the money in the word.
Gal, throw up that pie chart you used to post at every opportunity showing how 'little' our eu contribution is and we can all use that as a reference point.

Did you read the report? Which is why I asked how did you work out your figures which I think we can conclude you used either Kwasi Calculus or Bojo Boolean Logic :mrgreen:
 
OK, OK, OK,

I took my figures simply from a few figures being bandied about on the previous page, Notch will only throw up percentages saying they're 'not a lot', although he fails to say what they're a percentage of, Govt spending, govt spending on benefits, gdp or all the money in the word.
Gal, throw up that pie chart you used to post at every opportunity showing how 'little' our eu contribution is and we can all use that as a reference point.

I attached the government website, its all there.
 
Sponsored Links
Back
Top