| £193 per second on 12:00 - Jul 20 with 953 views | krunchykarrot |
I agree we should start taxing them now we have left EU. The only good thing is the low skilled jobs they bring to an area. |  | |  |
| £193 per second on 12:02 - Jul 20 with 949 views | gadgetuk |
This is a non-story in my mind. They are opening up new distribution centres that will create 10k new jobs.
Companies have always been able to offset investment costs against profits to minimise tax liabilities.
I'd bet Aston Martin has done similar with its new plant as would most companies. |  | | |
| £193 per second on 16:41 - Jul 20 with 871 views | krunchykarrot |
| £193 per second on 12:02 - Jul 20 by gadgetuk |
This is a non-story in my mind. They are opening up new distribution centres that will create 10k new jobs.
Companies have always been able to offset investment costs against profits to minimise tax liabilities.
I'd bet Aston Martin has done similar with its new plant as would most companies. |
Agree completely gadget, they provide a high percentage of low skilled jobs with fantastic benefits. They also employ large numbers of apprentices in both Engineering and Business taking them to degree level in most instances.
However i still feel that the UK should tax the profit like any other company based here now we have left the EU. Paying 0% corporation tax in Luxemburg is not on IMHO. | | | |
| £193 per second on 17:16 - Jul 20 with 848 views | Joesus_Of_Narbereth |
| £193 per second on 16:41 - Jul 20 by krunchykarrot |
Agree completely gadget, they provide a high percentage of low skilled jobs with fantastic benefits. They also employ large numbers of apprentices in both Engineering and Business taking them to degree level in most instances.
However i still feel that the UK should tax the profit like any other company based here now we have left the EU. Paying 0% corporation tax in Luxemburg is not on IMHO. |
The issue is also one of fairness though. Of course they create a lot of jobs because they’re a massive company but then a mile down the road you could have a small or medium business who has it’s growth stifled because they’re being clobbered with extortionate business rates and other taxes that Amazon can easily afford but is exempt from. |  |
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| £193 per second on 19:09 - Jul 20 with 791 views | Catullus |
| £193 per second on 17:16 - Jul 20 by Joesus_Of_Narbereth |
The issue is also one of fairness though. Of course they create a lot of jobs because they’re a massive company but then a mile down the road you could have a small or medium business who has it’s growth stifled because they’re being clobbered with extortionate business rates and other taxes that Amazon can easily afford but is exempt from. |
It should be simple, every pound earned in the Uk should be laible for UK tax. The EU, for all its claims, has enabled corporations to massively avoid tax, a problem it hasn't yet managed to fix. When we left the EU we should have looked to fix it straight away but the tories have been looking after their rich friends.
I wonder how many UK politicians are in Bezos' pocket? Anywhere from 0 to 350? | |
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| £193 per second on 19:39 - Jul 20 with 777 views | Brynmill_Jack |
In fairness that’s a lot more than AWCO used to make. |  |
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| £193 per second on 20:29 - Jul 20 with 754 views | krunchykarrot |
| £193 per second on 17:16 - Jul 20 by Joesus_Of_Narbereth |
The issue is also one of fairness though. Of course they create a lot of jobs because they’re a massive company but then a mile down the road you could have a small or medium business who has it’s growth stifled because they’re being clobbered with extortionate business rates and other taxes that Amazon can easily afford but is exempt from. |
They are huge because they offer a fast reliable service that nearly everyone uses. We are all complicit, in the same way we all go to supermarkets and killed of all local quality Butchers Bakers and candlestick makers etc... | | | |
| £193 per second on 20:34 - Jul 20 with 751 views | JACKMANANDBOY |
| £193 per second on 19:09 - Jul 20 by Catullus |
It should be simple, every pound earned in the Uk should be laible for UK tax. The EU, for all its claims, has enabled corporations to massively avoid tax, a problem it hasn't yet managed to fix. When we left the EU we should have looked to fix it straight away but the tories have been looking after their rich friends.
I wonder how many UK politicians are in Bezos' pocket? Anywhere from 0 to 350? |
I run a business, if I want to spend money expanding my business, new equipment and another member of staff for example, such expenses should be tax deductable. There's a big difference between earnings and profit. |  |
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| £193 per second on 20:47 - Jul 20 with 743 views | majorraglan |
| £193 per second on 20:34 - Jul 20 by JACKMANANDBOY |
I run a business, if I want to spend money expanding my business, new equipment and another member of staff for example, such expenses should be tax deductable. There's a big difference between earnings and profit. |
I wouldn’t argue with your comments re deductible, but I do believe that any profits generated in the UK should be subject of U.K. tax and not funnelled through a tax haven. Encourage investment, but I’d hammer the tax dodgers. | | | |
| £193 per second on 10:21 - Jul 21 with 649 views | Catullus |
| £193 per second on 20:34 - Jul 20 by JACKMANANDBOY |
I run a business, if I want to spend money expanding my business, new equipment and another member of staff for example, such expenses should be tax deductable. There's a big difference between earnings and profit. |
Being liable for UK tax includes the deductibles. These big companies are much different to small businesses, they are very good at creative accounting, at hiding profits.
The tax laws in this currently were adjusted, under this tory government I think, and the people who helped write them? Four of the biggest accountancy firms in the UK, no wonder big business is getting away with murder while small businesses suffer. Here it is, the story from 2013,
https://www.theguardian.com/business/2013/apr/26/accountancy-firms-knowledge-tre | |
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| £193 per second on 11:08 - Jul 21 with 622 views | lifelong |
If you had invested a grand in Amazon when they went public in 1997 you would now be a millionaire. |  | | |
| £193 per second on 11:57 - Jul 23 with 502 views | Brynmill_Jack |
They perform so well their owner can take a jolly into outer space. | |
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