So now we know

A board for news and views on what's happening in the world

Re: So now we know

Postby Suff » 06 Apr 2016, 19:12

Workingman wrote:
In 1980, a Sunday Times investigation revealed that in 1978, the Dewhurst chain paid £10 tax on a profit of more than £2.3m.


That is not personal taxation, that's business taxation which is something else entirely. There are totally legitimate ways of ensuring that a business pays no taxes whatsoever.

I was talking about how that money from the business is then extracted and used by the owners of it. They have to pay tax unless they leave the country. There is no other way or option.
There are 10 types of people in the world:
Those who understand Binary and those who do not.
User avatar
Suff
 
Posts: 10785
Joined: 26 Nov 2012, 08:35

Previous

Return to News and Current Affairs

Who is online

Users browsing this forum: No registered users and 66 guests