Monday, October 22, 2012

Support British Businesses


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/Amazon/Ebay 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. 


We the people of UK can and should get UK out of recession. This model of Big Corporations does not help us in our long term goal of getting UK out of recession and ultimately people of UK out of recession.
If we want our system to work we need to support our own companies. It is really important to do so.
It is we the people of UK can stop this. 
I would let the people decide on what needs to be done then making conclusion on what I feel I am going to do.

There is nothing worst then living in poverty -M K Gandhi


Wednesday, October 17, 2012

Unfair to small coffee shops: Starbucks avoid paying Corporation tax


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.

Tuesday, October 16, 2012

Starbucks UK tax : Let us support British Businesses


The disparity in its turnover and what it pays in UK corporation tax has made Starbucks the latest US company to come under the spotlight for its negligible contribution to Her Majesty’s Revenues & Customs.
Its nearest UK rival, Costa, owned by Whitbread, had a similar amount of turnover, with £377m of sales in the year ending March 3 2011. But Costa’s tax bill came to £15m - 30.5pc of its profits.
We the people of England can and should get UK out of recession. This model of Starbucks does not help us in our long term goal of getting UK out of recession and ultimately people of UK out of recession.
If we want our system to work we need to support our own companies. It is really important to do so.
It is we the people of UK can stop this. 
I would let the people decide on what needs to be done then making conclusion on what I feel I am going to do.

There is nothing worst then living in poverty -M K Gandhi