You are here: Home > Message Board > News & Politics > Jeremy Hunt (Rhyming slang) same old same old
November 27 2022 2.31pm

Jeremy Hunt (Rhyming slang) same old same old

Previous Topic | Next Topic


Page 3 of 4 < 1 2 3 4 >

Play our World Cup 2022 Prediction League!

World Cup Prediction League 2022

Sponsor a forum or Advertise on the HOL!


 

View Badger11's Profile Badger11 Flag Beckenham 16 Oct 22 9.35am Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Glazier#1

That's fair do's, ME but there must be a way that we can compel mega companies to cough up more for the profits they make, surely.

Why the rule about headquarters anyway. Why not just on profits made?

Agreed. Companies like Amazon sell goods in the UK but post their profits in a lower tax country. My simplistic view is this, if you are selling goods and services in the UK you should post your revenues and therefore pay tax on them in the UK.

Perhaps a sales tax is more appropriate for some businesses.

 


One more point

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View Glazier#1's Profile Glazier#1 Flag 16 Oct 22 10.01am Send a Private Message to Glazier#1 Add Glazier#1 as a friend

Yes. It seems to me that some economic decisions are more 'difficult' for some than others.

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View cryrst's Profile cryrst Flag The garden of England 16 Oct 22 2.25pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Badger11

Agreed. Companies like Amazon sell goods in the UK but post their profits in a lower tax country. My simplistic view is this, if you are selling goods and services in the UK you should post your revenues and therefore pay tax on them in the UK.

Perhaps a sales tax is more appropriate for some businesses.

Most companies sell worldwide so it would be hard to split the % for each country.

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View ASCPFC's Profile ASCPFC Flag Pro-Cathedral/caravan park 16 Oct 22 2.39pm Send a Private Message to ASCPFC Add ASCPFC as a friend

Originally posted by Badger11

Agreed. Companies like Amazon sell goods in the UK but post their profits in a lower tax country. My simplistic view is this, if you are selling goods and services in the UK you should post your revenues and therefore pay tax on them in the UK.

Perhaps a sales tax is more appropriate for some businesses.

The most interesting thing you'll find on this is Ireland. A load of international companies base their headquarters here - particularly US tech companies - to avoid tax. After the Apple saga, the EU has ruled these companies have to pay their tax. After the ruling, Ireland was forced to put the tax these companies hadn't paid into an account pending the final arbitrations. Ireland has used some of it (they're calling it a windfall) to ease the cost of living crisis. However, conversely, and rather obviously, the companies are starting to leave. It's not an easy situation to balance.
I guess the UK should have the freedom to entice these companies but they seem unable to. Again, they could undercut tax if they wanted - but they can't stop the way it's an unattractive base for the EU market due to import charges/ customs and taxes. There has been talk of a worldwide corporation tax but obviously that will never happen.

 


Patrick Vieira's
Red and Blue Army!

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View Badger11's Profile Badger11 Flag Beckenham 16 Oct 22 2.44pm Send a Private Message to Badger11 Add Badger11 as a friend

As long as companies are allowed to do business in one country and post their revenues in another they will get away with it.

The UK is the 6th largest economy so if we told Amazon stop dodging your taxes or close up I suspect they will obey they cannot afford to lose such a big market. Some of the smaller countries in the EU they could walk away from.

 


One more point

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View Forest Hillbilly's Profile Forest Hillbilly Flag in a hidey-hole 17 Oct 22 11.22am Send a Private Message to Forest Hillbilly Add Forest Hillbilly as a friend

It quite amused me near the end of his talk this morning, that he used the phrase "going for Broke" I thought we'd passed that point ages ago

 


,.,.,..,

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View Nicholas91's Profile Nicholas91 Flag The Democratic Republic of Kent 17 Oct 22 1.51pm Send a Private Message to Nicholas91 Add Nicholas91 as a friend

Originally posted by Forest Hillbilly

It quite amused me near the end of his talk this morning, that he used the phrase "going for Broke" I thought we'd passed that point ages ago

 


Now Zaha's got a bit of green grass ahead of him here... and finds Ambrose... not a bad effort!!!!

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View Badger11's Profile Badger11 Flag Beckenham 17 Oct 22 2.09pm Send a Private Message to Badger11 Add Badger11 as a friend

So Hunt has now cancelled or rowed back most of the tax cuts and energy benefits that so many people thought was dreadful.

Cue "complaints about the cost of living crisis".

 


One more point

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View Forest Hillbilly's Profile Forest Hillbilly Flag in a hidey-hole 17 Oct 22 2.27pm Send a Private Message to Forest Hillbilly Add Forest Hillbilly as a friend

If Hunt can at least put some brakes on this car crash, it would make Hunt the prime mover for PM. We have the full details of his U-turn to hear yet, and we'll have to wait some months to see any difference in numbers. If he can steady the ship a bit, then it puts the Tories in a much better position for a Summer GE.
On the Truss side of things, she'll be gone way before Hunt's policies kick in.

 


,.,.,..,

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View steeleye20's Profile steeleye20 Flag Croydon 17 Oct 22 3.15pm Send a Private Message to steeleye20 Add steeleye20 as a friend

So where were we before Truss, not in a good place at all.

Reversing-out will stem the panic I think Its more or less dictated to Hunt what's required.

The brexit idea that we can be sovereign i.e. decide just what we want to do, is really dead in the water.

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View martin2412's Profile martin2412 Flag The Big Wide World 17 Oct 22 4.45pm Send a Private Message to martin2412 Add martin2412 as a friend

Well I'm moving house in the next couple of weeks and am saving thousands in stamp duty

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply
View steeleye20's Profile steeleye20 Flag Croydon 17 Oct 22 5.33pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Originally posted by martin2412

Well I'm moving house in the next couple of weeks and am saving thousands in stamp duty

This crisis has done lasting damage to mortgage payers and housing hopefuls.

And all for nothing.

It is by no means reversible.

 

Alert Alert a moderator to this post Edit this post Quote this post in a reply

 

Page 3 of 4 < 1 2 3 4 >

Previous Topic | Next Topic

You are here: Home > Message Board > News & Politics > Jeremy Hunt (Rhyming slang) same old same old