Why British small business needs to pay corporation tax and other companies which have head quarters other than the UK but do business in the UK can avoid paying corporation tax.
What is fair. What the government can do is not the question
Question is what we can do? What you will do to get UK out of recession.
Starbucks does not help the British economy to come out of recession and does not help in building Britian.
When it comes to drinking coffee I am option out from Starbucks.
Facts of Starbucks :
The real sting in the allegations about Starbucks is that it could be telling such different stories to tax officials and investors.
Investors heard that the UK business was profitable and performance was pleasing, while the tale told to HM Revenue & Customs was that profits were so low that no tax was due.
The Treasury claims that an extra £6bn was brought in last year as a result of the diligent work of the Large Business Service, the department within HMRC which monitors bigger companies.
One wonders how much more they could be collecting if they adopted a different approach to Starbucks, Google and Facebook, who have joined Vodafone and Barclays as targets of tax campaigners.
There is a view within Starbucks that the company does bring in a lot of tax by paying National Insurance for its employees and charging VAT to customers.
But other companies do that as well as paying corporation tax, including small coffee bars who are trying to compete.
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