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UK should address workers forming companies to cut tax bill - Hammond
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Yes. Well let's start by checking the way that the multinationals formulate their tax affairs and avoid billions before we set our targets on small companies then Phil!!!“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain” -
Originally posted by shaunbhoy View PostYes. Well let's start by checking the way that the multinationals formulate their tax affairs and avoid billions before we set our targets on small companies then Phil!!!"You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by shaunbhoy View PostYes. Well let's start by checking the way that the multinationals formulate their tax affairs and avoid billions before we set our targets on small companies then Phil!!!UK should address workers forming companies to cut tax bill - HammondThe Chunt of Chunts.Comment
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Originally posted by SueEllen View PostYou mean by ensuring companies like Uber, Deliveroo, Amazon, AOL etc make their workers employees?“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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Originally posted by shaunbhoy View PostYes that sort of thing. Now you're getting it."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by shaunbhoy View PostYes that sort of thing. Now you're getting it.The Chunt of Chunts.Comment
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Originally posted by MrMarkyMark View PostOr..............maybe paying just a little corporation tax, providing they had enough, in the pot to hand some over, of course"You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SueEllen View PostNah cos when they pay the French more it makes our Chancellor, Treasury and HMRC look as incompetent as they are...The Chunt of Chunts.Comment
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Solution is simple:
1. Both NICs rolled into Income tax bands, so electorate knows true level of direct taxation.
2. Dividend tax at Income tax levels, but actual corp tax paid (at whatever rate it is) is used to deduct tax pound for pound (this isn't far off now).
3. This will never happen, but anyway - companies should be able to deduct from their corp tax bill full amount of income tax paid by those who are employed by them, pound for pound also.
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