Quote:
Originally Posted by mertle
Ignitionnet not ignoring you sorry that link maybe they did get figures wrong but net result is they still had to chase them for money owed.
Its about time business paid there way how many small firms go to the wall because big business fail to pay. Those who dont go bust they end up trying to goto small claims courts. Big businesses have horrendious atitudes when it comes to paying up its debt. They also know governments/businesses can be reluctant to take them to court and end up settling out of it. Again it still dont make it morally right.
The other example on Green not good one just because he used clever accountants to negate his tax obligations abusing loopholes dont make it right.
There too many loopholes to cheat and many if not all need shutting.
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They didn't chase them for money owed, there was a dispute about how much was owed.
Vodafone set aside 2bln in the event they had to pay the full amount. They were doing what a company is supposed to do, legally maximising shareholder returns. In this instance there was a legal ambiguity which HMRC didn't want resolved as it will likely cost them a lot of money if it's resolved against them.
Why are small businesses going to the wall because of larger ones? The entire country doesn't run on the proceeds of taxation and we, from the biggest company to most individuals, pay far too much tax. Small companies have their own tax wheezes just as large ones do though obviously at lower scales.
The economy isn't based around government, or shouldn't be anyway, that the previous government decided to make it that way and the fallout shows just how utterly broken that model is.
You've gone back to the old 'fallback'. About how it's 'morally right' for them to pay more tax. It might be, but given your complaints about costs and the noting that at least 70% of that extra tax will be born directly by these companies' customers and employees I would suggest the only morally right thing to do is for government to stop troughing, get out of the way, let those who want to work and become wealthy get wealthy, get those who don't want to work into work whether they like it or not by ensuring that welfare doesn't reward laziness (
Welfare To Work) and use the wealth generated to take care of those who cannot work while minimising the tax burden and ensuring people have more money to spend and invest.
TLDR: It's not my fault some stupid girl decided that becoming a baby factory was a viable career, or that some illiterate numb nuts didn't pay attention at school, I shouldn't be footing the bill either directly or indirectly via a 3rd party for their Sky TV.
---------- Post added at 13:03 ---------- Previous post was at 13:00 ----------
Quote:
Originally Posted by mertle
I think its all been driven by few who shown by buying and selling property they become millionaires. I read somewhere a couple had done 26 moves to go up the ladder to make the million tag but its rare.
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One big driver was Gordon Brown's raid on pensions making investment in property, rather than traditional pensions, an apparently viable way of saving for retirement.
http://www.thisismoney.co.uk/pension...5&in_page_id=6
Taxation once again screwing things up.