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Originally Posted by Pierre
It wont happen, it’s just the EU ratcheting up the pressure, a hard border would be political suicide for the Irish PM, if the EU were seen to “Force” the Irish to build it you would immediately see legal challenges a plenty.
It won’t happen.
---------- Post added at 09:17 ---------- Previous post was at 09:11 ----------
Always pays to know more before a rant. Dysons manufacturing went offshore years ago. All the R&D is on the UK. This move relocated a massive Two people to Singapore that’s it. No other UK positions are affected.
https://www.google.co.uk/amp/s/www.b...iness-46962093 |
Yet - you don't move your HQ to another country and only move two people.
I am sure that the Singapore Development Board have offered him some tax incentives to be registered there, as they have in the past to other companies, such as reducing the Corporate Tax Rate for 5 years, or allowing tax write-offs for development projects, and the move will lessen his tax bills in the UK.
https://www.thetimes.co.uk/edition/n...pore-fldzsbxvc
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Britain is set to lose tens of millions of pounds in tax revenues after Sir James Dyson, one of the country’s most prominent Brexit supporters, announced plans to relocate the headquarters of his company to Singapore.
The business said that Asia was now the main focus of its activities and that it should be regarded as a “global technology company”.
The move is likely to cost the government up to £60 million a year in lost corporation tax revenues.
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