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HMRC 'lost nerve' over big tax avoiders, say MPs
http://www.x404.co.uk/forum/viewtopic.php?f=19&t=20838		 Page 1 of 1
Author:  pcernie [ Thu Dec 19, 2013 12:47 pm ]
Post subject:  HMRC 'lost nerve' over big tax avoiders, say MPs
http://www.theguardian.com/politics/201 ... oiders-mps

Quote:
The findings were rejected by HMRC, which accused the committee of "selective and misleading use of figures", particularly when calcuating the tax gap. A spokesman said MPs had highlighted the increase in money which had not been collected instead of calculating a percentage of uncollected tax, which has actually gone down.


Never mind the missing billions, what about a percentage that can be 'selective and misleading' for public consumption, eh? Eh?

Scumbags.
Author:  Spreadie [ Thu Dec 19, 2013 1:38 pm ]
Post subject:  Re: HMRC 'lost nerve' over big tax avoiders, say MPs
pcernie wrote:
http://www.theguardian.com/politics/2013/dec/19/hmrc-lost-nerve-tax-avoiders-mps

Quote:
The findings were rejected by HMRC, which accused the committee of "selective and misleading use of figures", particularly when calcuating the tax gap. A spokesman said MPs had highlighted the increase in money which had not been collected instead of calculating a percentage of uncollected tax, which has actually gone down.


Never mind the missing billions, what about a percentage that can be 'selective and misleading' for public consumption, eh? Eh?

Scumbags.

HMRC are to blame?

So they aren't given a directive when government ministers have meetings with the heads of multinational companies, offering tax incentives in exchange for them building their factories/distribution warehouses in the UK?

We can whine all we want, the likes of Amazon will keep playing the corporate non-domicile game, shifting their business base to wherever guarantees the least tax.
Author:  jonbwfc [ Thu Dec 19, 2013 2:02 pm ]
Post subject:  Re: HMRC 'lost nerve' over big tax avoiders, say MPs
Spreadie wrote:
We can whine all we want, the likes of Amazon will keep playing the corporate non-domicile game, shifting their business base to wherever guarantees the least tax.

That depends on what you mean by the word 'business', doesn't it? In Amazon UK's case, for example, the 'business' as in the legal offices of the company are in the RoI. But the 'business' as in the act of buying, selling and and delivering goods, happens very much within the UK.

The could in theory move the former to anywhere within the EU (I think) without changing very much legally. However if they want to move all of the latter out of the UK, they're going to see something of a drop in their financial performance.
Author:  Amnesia10 [ Thu Dec 19, 2013 5:04 pm ]
Post subject:  Re: HMRC 'lost nerve' over big tax avoiders, say MPs
Spreadie wrote:
HMRC are to blame?

So they aren't given a directive when government ministers have meetings with the heads of multinational companies, offering tax incentives in exchange for them building their factories/distribution warehouses in the UK?

We can whine all we want, the likes of Amazon will keep playing the corporate non-domicile game, shifting their business base to wherever guarantees the least tax.

They are also outgunned when it comes to funding to take cases to court or challenging the accountants.

I think Amazon sell e-books from Luxembourg and pay 8% VAT there yet charge 20% VAT to UK customers and pocket the difference. That needs to stop.
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