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  • Richard_Nabavi
    Richard_Nabavi Posts: 30,822
    Wanderer said:

    He'll have been stung with the penalty for late submission, presumably?

    We need an independent, judge-led inquiry.
  • Scott_P
    Scott_P Posts: 51,453
    @faisalislam: PM using Panama Papers to argue the "lesson of today" is that "Labour are the enemy of aspiration"
  • dr_spyn
    dr_spyn Posts: 11,312
    Corbyn = Borini
  • Plato_Says
    Plato_Says Posts: 11,822
    :smiley:

    That was a truly dismal performance, shouty incoherent and full of accusations already answered.

    Bizarre. Corbyn had advance sight of it, not that you'd notice.

    I have a new career for Jezza....

    Have you got a PR disaster, has your oil rig blown up and leaking millions of barrels of oil into the ocean, have you been caught at the races with your girlfriend live on BBC news, while your wife watches from home and now the video is all over social media...

    Its OK Captain Jezza can stand in and distract the media with utterly useless performances, so bad and incompetent, that the media forget about the original PR disaster....

  • Pulpstar
    Pulpstar Posts: 79,813

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
  • dr_spyn
    dr_spyn Posts: 11,312
    Guido implying that Corbyn's return might blow up in his face.

    http://order-order.com/2016/04/11/corbyns-thousands-in-offshore-income/
  • Scott_P
    Scott_P Posts: 51,453
    @EdConwaySky: George Osborne paid more in tax last year than Jeremy Corbyn earnt
  • Slackbladder
    Slackbladder Posts: 9,800
    Alex Wickham ‏@WikiGuido 2 mins2 minutes ago

    Would be unfortunate if Corbyn had tens of thousands of pounds of income from offshore sources based in tax havens.. http://order-order.com/2016/04/11/corbyns-thousands-in-offshore-income/


    Ooooooooopppppsssssss
  • RobD
    RobD Posts: 60,608
    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    Having £6k in a current account is shameful :p
  • taffys
    taffys Posts: 9,753
    Scott_P said:

    @faisalislam: PM using Panama Papers to argue the "lesson of today" is that "Labour are the enemy of aspiration"

    I think the point is not really what the wealthy do with their money.

    It is what they do with your money.
  • Indigo
    Indigo Posts: 9,966
    edited April 2016
    DavidL said:

    We hear this excuse all the time but just how acceptable is a business model that puts huge numbers of other taxpaying firms out of business, builds up a dominant market position and a truly huge capital value and yet contributes nothing to the society on which it feeds?

    It is not Amazon's fault that our tax laws are so idiotic but it is only in the more arcane and remote areas of accountancy that this is not a profitable firm that should be accounting for a proportion of that profit. In the meantime I buy nothing off Amazon I can get anywhere else. I am sure they are hurting as a result.

    That is the first time I have heard a Tory complain that businesses are reinvesting in jobs and technology, driving forward some areas by leaps and bounds instead of taking fat profits for the shareholders. Are you sure you are in the right party ? Amazon might not pay any tax, but those ten of thousand of people it employs all over the world pay tax, those billions it spends with hardware companies and other suppliers, they all pay tax because of the money Amazon spends with them.
  • FrancisUrquhart
    FrancisUrquhart Posts: 85,722
    edited April 2016
    So a recap on the hapless Jahadi Jez...

    Doesn't keep his tax returns for 7 years (against the rules)
    Files late (against the rules)
    Filled in the incorrect form (idiot)
    Doesn't appear to have disclosed for a lodger (or is charging a lodger well below market rate)
    Has previous taken money from dodgy press outfits with questions about the money being "offshore"

    If the journos can be bothered that should give them a bit to work with. It is all small beer and petty, but then the PM doesn't appear to done anything wrong and Labour called for him to be imprisoned for something or other.
  • Richard_Nabavi
    Richard_Nabavi Posts: 30,822
    Mr Corbyn seems to have filed an incorrect return. He should have filed one of these:

    https://www.gov.uk/government/publications/self-assessment-parliament-sa102mp

  • Scott_P said:

    @faisalislam: It appears that @jeremycorbyn submitted tax return 5 days late https://t.co/G4EIXyYNn5

    hahaha it gets better,.....
    NO HE DIDN'T - PAPER RETURNS ARE DUE BY 31/10/15 2015 - ONLY ONLINE SUBMISSISONS HAVE UNTIL 31/1/2016....

    This is fishy....
    errr it's dated 6/2/16.
    precisely, it's months late - not a few days.
  • Casino_Royale
    Casino_Royale Posts: 63,686
    RoyalBlue said:

    Seventh like Remain

    Like :smiley: have you done any more for Vote Leave? We should get the official designation on Thursday.
    I've made another donation. I'm looking forward to the designation decision on Thursday.
  • Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    I have two Tesco current accounts, that pay 3% on the first 3 grand in each account.
  • LadyBucket
    LadyBucket Posts: 590
    Tom Watson's face was an absolute picture. He started of grinning and then he went paler and paler, finally looking as though he was going to be sick.

    There is just no-one to match the PM in the HoC.
  • Slackbladder
    Slackbladder Posts: 9,800

    Scott_P said:

    @faisalislam: It appears that @jeremycorbyn submitted tax return 5 days late https://t.co/G4EIXyYNn5

    hahaha it gets better,.....
    NO HE DIDN'T - PAPER RETURNS ARE DUE BY 31/10/15 2015 - ONLY ONLINE SUBMISSISONS HAVE UNTIL 31/1/2016....

    This is fishy....
    errr it's dated 6/2/16.
    precisely, it's months late - not a few days.
    No Apparently I read that MPs have until 31/1 even if it's paper.
  • Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    I have two Tesco current accounts, that pay 3% on the first 3 grand in each account.
    what's wrong with Santander 123 paying 3% on up to £20k???
  • Pulpstar
    Pulpstar Posts: 79,813
    RobD said:

    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    Having £6k in a current account is shameful :p
    It is only earning £3. His share dividends OTOH indicate Osborne and Little is doing very well.
  • RobD
    RobD Posts: 60,608

    Scott_P said:

    @faisalislam: It appears that @jeremycorbyn submitted tax return 5 days late https://t.co/G4EIXyYNn5

    hahaha it gets better,.....
    NO HE DIDN'T - PAPER RETURNS ARE DUE BY 31/10/15 2015 - ONLY ONLINE SUBMISSISONS HAVE UNTIL 31/1/2016....

    This is fishy....
    errr it's dated 6/2/16.
    precisely, it's months late - not a few days.
    No Apparently I read that MPs have until 31/1 even if it's paper.
    Shame he submitted the wrong one then :D
  • Scott_P said:

    @faisalislam: It appears that @jeremycorbyn submitted tax return 5 days late https://t.co/G4EIXyYNn5

    hahaha it gets better,.....
    NO HE DIDN'T - PAPER RETURNS ARE DUE BY 31/10/15 2015 - ONLY ONLINE SUBMISSISONS HAVE UNTIL 31/1/2016....

    This is fishy....
    errr it's dated 6/2/16.
    precisely, it's months late - not a few days.
    No Apparently I read that MPs have until 31/1 even if it's paper.
    Really - how is that justifiable?
  • Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    I have two Tesco current accounts, that pay 3% on the first 3 grand in each account.
    what's wrong with Santander 123 paying 3% on up to £20k???
    Too much fannying around.

    You have to put your salary in their and have so many direct debits to earn it.
  • Slackbladder
    Slackbladder Posts: 9,800
    RobD said:

    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    Having £6k in a current account is shameful :p
    Osborne could be investing in ISA's as well of course, which don't appear on tax returns.

    Or all the cash is in Mrs Osbornes account.
  • Pulpstar
    Pulpstar Posts: 79,813

    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    I have two Tesco current accounts, that pay 3% on the first 3 grand in each account.
    what's wrong with Santander 123 paying 3% on up to £20k???
    Well £60 of fees take that down to an effective 2% on £6k.

  • RobD
    RobD Posts: 60,608

    Scott_P said:

    @faisalislam: It appears that @jeremycorbyn submitted tax return 5 days late https://t.co/G4EIXyYNn5

    hahaha it gets better,.....
    NO HE DIDN'T - PAPER RETURNS ARE DUE BY 31/10/15 2015 - ONLY ONLINE SUBMISSISONS HAVE UNTIL 31/1/2016....

    This is fishy....
    errr it's dated 6/2/16.
    precisely, it's months late - not a few days.
    No Apparently I read that MPs have until 31/1 even if it's paper.
    Really - how is that justifiable?
    There's only 650 of them to deal with (let's say 1250 if we include Peers). Far fewer than the several million who have to file.
  • surbiton
    surbiton Posts: 13,549
    Bernie has put important points on to the table which Hillary would do good by not ignoring them.

    Except perhaps his flirtation with the gun lobby.
  • Richard_Nabavi
    Richard_Nabavi Posts: 30,822
    edited April 2016
    @christopherhope

    BREAKING Jeremy Corbyn paid a £100 fine for submitting his tax return a week after the Jan 31 deadline, his spokesman has confirmed.
  • Freggles
    Freggles Posts: 3,487
    Corbyn Out
  • RobD
    RobD Posts: 60,608

    RoyalBlue said:

    Seventh like Remain

    Like :smiley: have you done any more for Vote Leave? We should get the official designation on Thursday.
    I've made another donation. I'm looking forward to the designation decision on Thursday.
    I had originally though that was due on April 1st. What caused the change?
  • dr_spyn
    dr_spyn Posts: 11,312
    another Smith must score moment for Jezza.
    https://twitter.com/christopherhope/status/719543748540174337
  • Scrapheap_as_was
    Scrapheap_as_was Posts: 10,069
    edited April 2016
    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    I have two Tesco current accounts, that pay 3% on the first 3 grand in each account.
    what's wrong with Santander 123 paying 3% on up to £20k???
    Well £60 of fees take that down to an effective 2% on £6k.

    indeed - but if you've got more then it's a no-brainer - TSE can ebay a few shoes to get to the £20k no doubt. Plus of course the cashbacks can make up the £60 anyway.
  • MarkHopkins
    MarkHopkins Posts: 5,584

    Scott_P said:

    @faisalislam: It appears that @jeremycorbyn submitted tax return 5 days late https://t.co/G4EIXyYNn5

    hahaha it gets better,.....
    NO HE DIDN'T - PAPER RETURNS ARE DUE BY 31/10/15 2015 - ONLY ONLINE SUBMISSISONS HAVE UNTIL 31/1/2016....

    This is fishy....
    errr it's dated 6/2/16.
    precisely, it's months late - not a few days.
    No Apparently I read that MPs have until 31/1 even if it's paper.
    Really - how is that justifiable?

    Presumably because they don't have the internet option. So it's fair they get the extra time.

  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.
  • Casino_Royale
    Casino_Royale Posts: 63,686

    @christopherhope

    BREAKING Jeremy Corbyn paid a £100 fine for submitting his tax return a week after the Jan 31 deadline, his spokesman has confirmed.

    So much lol
  • Casino_Royale
    Casino_Royale Posts: 63,686

    @christopherhope

    BREAKING Jeremy Corbyn paid a £100 fine for submitting his tax return a week after the Jan 31 deadline, his spokesman has confirmed.

    So much lol
  • Richard_Nabavi
    Richard_Nabavi Posts: 30,822

    Presumably because they don't have the internet option. So it's fair they get the extra time.

    But is that true for others who can't file online? If so, HMRC are remarkably coy about it; there's no mention of it on their website as far as I can see.
  • Scrapheap_as_was
    Scrapheap_as_was Posts: 10,069
    edited April 2016

    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    I have two Tesco current accounts, that pay 3% on the first 3 grand in each account.
    what's wrong with Santander 123 paying 3% on up to £20k???
    Too much fannying around.

    You have to put your salary in their and have so many direct debits to earn it.
    Nope - just at least £500pm and then a min 2 direct debits - go for those which give you the most cashback if you don't want to get all the available cashback paid. Don't make it your main current a/c either is my use of it.
  • Pulpstar
    Pulpstar Posts: 79,813
    Jezza must be really unorganised to delay on such a simple tax return.

    Osborne must clearly trust his misses !!!
  • Skinner thrown out of HOC by the speaker
  • FrancisUrquhart
    FrancisUrquhart Posts: 85,722

    Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    What did he just say ...sigh...this time...
  • Scott_P said:

    @faisalislam: It appears that @jeremycorbyn submitted tax return 5 days late https://t.co/G4EIXyYNn5

    hahaha it gets better,.....
    NO HE DIDN'T - PAPER RETURNS ARE DUE BY 31/10/15 2015 - ONLY ONLINE SUBMISSISONS HAVE UNTIL 31/1/2016....

    This is fishy....
    errr it's dated 6/2/16.
    precisely, it's months late - not a few days.
    No Apparently I read that MPs have until 31/1 even if it's paper.
    Really - how is that justifiable?

    Presumably because they don't have the internet option. So it's fair they get the extra time.

    Really (again)? They'll be stuffed then if we're moving to all online filings in a few years...
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    What did he just say ...sigh...this time...
    Dodgy Dave
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    What did he just say ...sigh...this time...
    Called Dave dodgy.

    Bercow asked him to withdraw, he refused and called Dave dodgy again, so Bercow chucked him out.
  • DavidL
    DavidL Posts: 55,866
    edited April 2016
    Indigo said:

    DavidL said:

    We hear this excuse all the time but just how acceptable is a business model that puts huge numbers of other taxpaying firms out of business, builds up a dominant market position and a truly huge capital value and yet contributes nothing to the society on which it feeds?

    It is not Amazon's fault that our tax laws are so idiotic but it is only in the more arcane and remote areas of accountancy that this is not a profitable firm that should be accounting for a proportion of that profit. In the meantime I buy nothing off Amazon I can get anywhere else. I am sure they are hurting as a result.

    That is the first time I have heard a Tory complain that businesses are reinvesting in jobs and technology, driving forward some areas by leaps and bounds instead of taking fat profits for the shareholders. Are you sure you are in the right party ? Amazon might not pay any tax, but those ten of thousand of people it employs all over the world pay tax, those billions it spends with hardware companies and other suppliers, they all pay tax because of the money Amazon spends with them.
    Well, it is unfair trading and unfair competition on those that do pay their taxes. I don't see anything Conservative about that. It reduces our tax base and allows capital appreciation as a result. All perfectly legal. All perfectly ridiculous.
  • Richard_Nabavi
    Richard_Nabavi Posts: 30,822
    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).
  • Wanderer
    Wanderer Posts: 3,838

    @christopherhope

    BREAKING Jeremy Corbyn paid a £100 fine for submitting his tax return a week after the Jan 31 deadline, his spokesman has confirmed.

    So much lol
    If the £100 fine could be increased to death the Labour Party's problems would be solved.
  • Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    I have two Tesco current accounts, that pay 3% on the first 3 grand in each account.
    what's wrong with Santander 123 paying 3% on up to £20k???
    Too much fannying around.

    You have to put your salary in their and have so many direct debits to earn it.
    Nope - just at least £500pm and then a min 2 direct debits - go for those which give you the most cashback if you don't want to get all the available cashback paid. Don't make it your main current a/c either is my use of it.
    Cheers, I'll sort that out later
  • Alistair
    Alistair Posts: 23,670
    Scott_P said:

    @faisalislam: Government strategy now to use the Panama Papers fallout to attack LAbour for being "anti-aspiration" - on share ownership, Inheritance tax

    Took them a week to work out the correct line but it is still the correct line.
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
  • David Cameron is matchless and really is amazing when his back is to the wall
  • DavidL
    DavidL Posts: 55,866

    DavidL said:

    Surely there will come a point when she has a majority and that is that?

    I agree with Richard though. She is not a natural campaigner or public speaker. She needs to work at it and she has been forced to sharpen her message, improve her performances and weed out at least some of the incompetents in her team. None of this will do her any harm come November.

    Not exactly. She will have a majority at some point due to her superdelegate support but these are 'soft' votes: pledges of intent that can be reversed at the delegate's discretion. As such, they're not in the bag until they're cast at the convention itself - unlike the 'hard' votes coming from primaries and caucuses where the delegate is required to vote a certain way.

    At the moment, depending on which source you use, Hillary has a lead in pledged delegates in the range of 220-280. There are 712 unpledged superdelegates so it's highly likely that Hillary will be reliant on at least some for her overall win. Of course, she'll actually get most of the superdelegates - giving her a much more comfortable win rather than putting it at risk - but all the same, she won't technically be assured of victory without a 712 lead in the pledged column.
    Thanks for that. I hadn't appreciated that.
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
  • FrancisUrquhart
    FrancisUrquhart Posts: 85,722
    edited April 2016

    Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    What did he just say ...sigh...this time...
    Called Dave dodgy.

    Bercow asked him to withdraw, he refused and called Dave dodgy again, so Bercow chucked him out.
    I thought for a minute he might have called him [censored] and accused him of being a big fan of olive oil...
  • Pulpstar
    Pulpstar Posts: 79,813

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
  • Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    Yup -we've got some with them, protected by the FSCS for small cos. Listed on the LSE too. Good rates and online service has been smooth.

  • Richard_Nabavi
    Richard_Nabavi Posts: 30,822
    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
  • SimonStClare
    SimonStClare Posts: 7,976
    SKY – “Jeremy Corbyn was fined £100 for publishing his tax return after the deadline”

    BBC – nuffink yet.
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
  • FrancisUrquhart
    FrancisUrquhart Posts: 85,722

    SKY – “Jeremy Corbyn was fined £100 for publishing his tax return after the deadline”

    BBC – nuffink yet.

    Too busy sneering at Osborne making £200k a year....
  • Richard_Nabavi
    Richard_Nabavi Posts: 30,822

    Yup -we've got some with them, protected by the FSCS for small cos. Listed on the LSE too. Good rates and online service has been smooth.

    Thanks.
  • Pulpstar
    Pulpstar Posts: 79,813

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    Or Barclays.

    FSCS protected business rates tend to be the lowest in the business, so 1.1% is very good I think.
  • Cyclefree
    Cyclefree Posts: 25,709

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    I've had a personal account with them and they've been very efficient.

  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
  • Pulpstar said:

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    Or Barclays.

    FSCS protected business rates tend to be the lowest in the business, so 1.1% is very good I think.
    Indeed - we've got a 1 year fix and the easy access account with Aldermore.

    Interestingly rates are fairly similar these days.. more a reflection of dire personal savings rates however.
  • richardDodd
    richardDodd Posts: 5,472
    Thank heaven Cameron is PM..
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
    Thamks, only got a brief glimpse of het and thought she was quite nice.
    Still miss Julia Church nee Goldsworthy
  • Pulpstar
    Pulpstar Posts: 79,813
    edited April 2016

    Pulpstar said:

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    Or Barclays.

    FSCS protected business rates tend to be the lowest in the business, so 1.1% is very good I think.
    Indeed - we've got a 1 year fix and the easy access account with Aldermore.

    Interestingly rates are fairly similar these days.. more a reflection of dire personal savings rates however.
    You can pretty much make a personal savings rate what you want up to around £70k or so if you're prepared to have plenty of standing orders between different accounts...

    (Possibly up to about 4% blended I think)
  • Scrapheap_as_was
    Scrapheap_as_was Posts: 10,069
    edited April 2016
    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    Or Barclays.

    FSCS protected business rates tend to be the lowest in the business, so 1.1% is very good I think.
    Indeed - we've got a 1 year fix and the easy access account with Aldermore.

    Interestingly rates are fairly similar these days.. more a reflection of dire personal savings rates however.
    You can pretty much make a personal savings rate what you want up to around £70k or so if you're prepared to have plenty of standing orders between different accounts...
    More actually - it's possible for a couple to have 3x Santander accounts so that's £60k without all the others out there.... but of course no good for Cash ISAs and there is hassle.

    I'm talking 'normal' savings rates between personal and business.
  • DavidL
    DavidL Posts: 55,866

    Tom Watson's face was an absolute picture. He started of grinning and then he went paler and paler, finally looking as though he was going to be sick.

    There is just no-one to match the PM in the HoC.

    It was the look on Osborne's face when Corbyn was speaking that I found funny. Incredulity does not come close to the level of disbelief shown.
  • Scott_P
    Scott_P Posts: 51,453
    @IanDunt: Labour's only contribution to the Panama Papers scandal is to make it less damaging to the government https://t.co/UkOmVpWajU
  • RobD
    RobD Posts: 60,608
    Cyclefree said:

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    I've had a personal account with them and they've been very efficient.

    I hope you don't mean tax efficient..... :o
  • Indigo
    Indigo Posts: 9,966
    DavidL said:

    Indigo said:

    DavidL said:

    We hear this excuse all the time but just how acceptable is a business model that puts huge numbers of other taxpaying firms out of business, builds up a dominant market position and a truly huge capital value and yet contributes nothing to the society on which it feeds?

    It is not Amazon's fault that our tax laws are so idiotic but it is only in the more arcane and remote areas of accountancy that this is not a profitable firm that should be accounting for a proportion of that profit. In the meantime I buy nothing off Amazon I can get anywhere else. I am sure they are hurting as a result.

    That is the first time I have heard a Tory complain that businesses are reinvesting in jobs and technology, driving forward some areas by leaps and bounds instead of taking fat profits for the shareholders. Are you sure you are in the right party ? Amazon might not pay any tax, but those ten of thousand of people it employs all over the world pay tax, those billions it spends with hardware companies and other suppliers, they all pay tax because of the money Amazon spends with them.
    Well, it is unfair trading and unfair competition on those that do pay their taxes. I don't see anything Conservative about that. It reduces our tax base and allows capital appreciation as a result. All perfectly legal. All perfectly ridiculous.
    Well I guess it could expand a lot more slowly, employ a lot less people, we could all hand back our Kindles, we could turn off half the cloud services used by businesses, forget about all that nice digital media investment, the half a dozen other companies they bought would probably not have made it, including Blue Origin, and we could pay for a couple of thousand extra dole cheques in the UK and up to a 100,000 world wide....
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
    Thamks, only got a brief glimpse of het and thought she was quite nice.
    Still miss Julia Church nee Goldsworthy
    She would get my vote

    https://goo.gl/R5v9P7
  • AlastairMeeks
    AlastairMeeks Posts: 30,340
    Jimmy Carr ‏@jimmycarr · 15m15 minutes ago

    Whenever the Prime Minister mentions me in Parliament why is it always about tax? He never mentions the 'Best of Tour' or Netflix Special?

  • tyson
    tyson Posts: 6,122
    That is the whole problem with this transparency. By displaying their market value so publicly, using a football analogy- you'd want to buy Messi who gets paid top dollar than some useless hoofer from Doncaster Rovers whose paid pittance.

    Labour need to find someone who can present a half decent tax return which underlies their all round ability, not some old duffer who cannot even hit the simplest of deadlines or fill in the right parts of the form.
    Scott_P said:

    @EdConwaySky: George Osborne paid more in tax last year than Jeremy Corbyn earnt

  • FrancisUrquhart
    FrancisUrquhart Posts: 85,722

    Jimmy Carr ‏@jimmycarr · 15m15 minutes ago

    Whenever the Prime Minister mentions me in Parliament why is it always about tax? He never mentions the 'Best of Tour' or Netflix Special?

    Cos you ain't very funny? There is a big joker to point at across the way.
  • RobD
    RobD Posts: 60,608

    Jimmy Carr ‏@jimmycarr · 15m15 minutes ago

    Whenever the Prime Minister mentions me in Parliament why is it always about tax? He never mentions the 'Best of Tour' or Netflix Special?

    Are their tax arrangements even remotely comparable? Wasn't Carr paying single digit percent income tax effectively?
  • Cyclefree
    Cyclefree Posts: 25,709
    RobD said:

    Cyclefree said:

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    I've had a personal account with them and they've been very efficient.

    I hope you don't mean tax efficient..... :o
    :)



  • Casino_Royale
    Casino_Royale Posts: 63,686

    Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
    Thamks, only got a brief glimpse of het and thought she was quite nice.
    Still miss Julia Church nee Goldsworthy
    Are we doing MP totty again?
  • RobD
    RobD Posts: 60,608
    Cyclefree said:

    RobD said:

    Cyclefree said:

    Pulpstar said:

    Talking of interest on deposits, has anyone got experience of Aldermore for business deposits? The interest rates look very good (too good?).

    1.10 to 2.35% ?

    Excellent rates for a business acount to my eyes, don't look "too good" to me.
    Hell of a lot better than NatWest!
    I've had a personal account with them and they've been very efficient.

    I hope you don't mean tax efficient..... :o
    :)



    :o you do mean tax efficient!
  • Casino_Royale
    Casino_Royale Posts: 63,686

    Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
    Thamks, only got a brief glimpse of het and thought she was quite nice.
    Still miss Julia Church nee Goldsworthy
    She would get my vote

    https://goo.gl/R5v9P7
    Wash your mouth out with soap.

    It's the Tory ladies that have The Sex.
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
    Thamks, only got a brief glimpse of het and thought she was quite nice.
    Still miss Julia Church nee Goldsworthy
    She would get my vote

    https://goo.gl/R5v9P7
    She's been on an interesting journey.
    From Tory to SNP.
  • DavidL
    DavidL Posts: 55,866
    Indigo said:

    DavidL said:

    Indigo said:

    DavidL said:

    That is the first time I have heard a Tory complain that businesses are reinvesting in jobs and technology, driving forward some areas by leaps and bounds instead of taking fat profits for the shareholders. Are you sure you are in the right party ? Amazon might not pay any tax, but those ten of thousand of people it employs all over the world pay tax, those billions it spends with hardware companies and other suppliers, they all pay tax because of the money Amazon spends with them.
    Well, it is unfair trading and unfair competition on those that do pay their taxes. I don't see anything Conservative about that. It reduces our tax base and allows capital appreciation as a result. All perfectly legal. All perfectly ridiculous.
    Well I guess it could expand a lot more slowly, employ a lot less people, we could all hand back our Kindles, we could turn off half the cloud services used by businesses, forget about all that nice digital media investment, the half a dozen other companies they bought would probably not have made it, including Blue Origin, and we could pay for a couple of thousand extra dole cheques in the UK and up to a 100,000 world wide....
    You are assuming that the business would not otherwise exist and would not employ others. You are assuming that these services would not be provided otherwise. I think if we had a variety of companies providing internet shopping based in the UK and paying tax in the UK we would have more employment, a better choice of services and considerably more tax paid for services in the society that provided those companies with their opportunities to make money.
  • RobD
    RobD Posts: 60,608

    Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
    Thamks, only got a brief glimpse of het and thought she was quite nice.
    Still miss Julia Church nee Goldsworthy
    She would get my vote

    https://goo.gl/R5v9P7
    She's been on an interesting journey.
    From Tory to SNP.
    Sleeper agent a la Corbyn? ;)
  • Denis Skinner throws a hell of a dead cat to hide Corbyn's shite performance.

    Who was the lady sitting on the same bit of bench as Skinner?
    Behind him?

    Patricia Gibson

    I know her because a Labour MP farted in her presence a few months ago

    http://order-order.com/2015/05/27/big-feartie-which-snp-mp-gassed-the-chamber/
    No, in a white outfit next but one to him
    Tasmina Ahmed-Sheikh
    Thamks, only got a brief glimpse of het and thought she was quite nice.
    Still miss Julia Church nee Goldsworthy
    Are we doing MP totty again?
    MP totty never stops Mr Royale
  • RobD
    RobD Posts: 60,608
    Blimey! Boris has paid £1m in tax in the last four years according to the Telegraph.
  • FrancisUrquhart
    FrancisUrquhart Posts: 85,722
    RobD said:

    Blimey! Boris has paid £1m in tax in the last four years according to the Telegraph.

    The man's an idiot. He could have saved himself so much tax if he has employed some Red Ken style approaches to his earnings.
  • SandyRentool
    SandyRentool Posts: 23,156
    RobD said:

    Blimey! Boris has paid £1m in tax in the last four years according to the Telegraph.

    I wish I had.
  • Danny565
    Danny565 Posts: 8,091
    Gaby Hinsliff ‏@gabyhinsliff 28m28 minutes ago
    Most useful thing to emerge from debate so far: Alan Duncan thinks everyone who isn't rich is a low achiever.
  • RobD
    RobD Posts: 60,608

    RobD said:

    Blimey! Boris has paid £1m in tax in the last four years according to the Telegraph.

    The man's an idiot. He could have saved himself so much tax if he has employed some Red Ken style approaches to his earnings.
    What, by losing an election? :p
  • David_Evershed
    David_Evershed Posts: 6,506

    David Cameron is matchless and really is amazing when his back is to the wall

    You can't deny his masterful performance handling some technical tax issues in an understandable and convincing way .
  • Charles
    Charles Posts: 35,758
    RobD said:

    Pulpstar said:

    Pulpstar said:

    Pulpstar said:

    Wanderer said:

    It seems that Osborne's tax return is startlingly dull.

    Over the years so much has been made of his very small stake in the families wallpaper business. He could have saved himself so much bother and just sold that back to the family before getting into government.
    The divis and supposed stake size I've heard from the family business don't seem to add up. Either he's getting divis elsewhere, or the fair market value of his stake is higher than the paper value :)
    George Osborne only earned £3 in interest.

    Shameful.

    There's your big story.
    Hmm, he must be completely invested in shares and run a very tight ship in terms of cash... It suggests an average account balance of ~ £50 (6% interest) to ~ £600 (0.5% interest).

    Balanced against a fair market value of ~ £1 million on his share dividends is very interesting indeed

    Does anyone else here have such little savings interest and such whacking comparitively large Divi payments ?
    I get 0.0% interest on my cash. Barclays Bank. So do the maths with that rate ...
    Osborne must have kept an average cash balance of £6000 in a 0.05% Business premium account (That is Barclay's rate), whilst getting 0% on the remainder is the only logical explanation.

    As @thescreamingeagles says - shameful.
    Having £6k in a current account is shameful :p
    I think it's great when people leave large sums in their current accounts.
  • LadyBucket
    LadyBucket Posts: 590
    DavidL said:

    Tom Watson's face was an absolute picture. He started of grinning and then he went paler and paler, finally looking as though he was going to be sick.

    There is just no-one to match the PM in the HoC.

    It was the look on Osborne's face when Corbyn was speaking that I found funny. Incredulity does not come close to the level of disbelief shown.
    Indeed, I love the tweet I read, that if JC didn't exist, you would have to invent him.

    Not sure it's always a good idea for GO to sit next to the PM because it makes his pallor look even worse. He looks like he has been sprayed with whitewash.



  • Wanderer
    Wanderer Posts: 3,838
    DavidL said:

    Indigo said:

    DavidL said:

    Indigo said:

    DavidL said:

    That is the first time I have heard a Tory complain that businesses are reinvesting in jobs and technology, driving forward some areas by leaps and bounds instead of taking fat profits for the shareholders. Are you sure you are in the right party ? Amazon might not pay any tax, but those ten of thousand of people it employs all over the world pay tax, those billions it spends with hardware companies and other suppliers, they all pay tax because of the money Amazon spends with them.
    Well, it is unfair trading and unfair competition on those that do pay their taxes. I don't see anything Conservative about that. It reduces our tax base and allows capital appreciation as a result. All perfectly legal. All perfectly ridiculous.
    Well I guess it could expand a lot more slowly, employ a lot less people, we could all hand back our Kindles, we could turn off half the cloud services used by businesses, forget about all that nice digital media investment, the half a dozen other companies they bought would probably not have made it, including Blue Origin, and we could pay for a couple of thousand extra dole cheques in the UK and up to a 100,000 world wide....
    You are assuming that the business would not otherwise exist and would not employ others. You are assuming that these services would not be provided otherwise. I think if we had a variety of companies providing internet shopping based in the UK and paying tax in the UK we would have more employment, a better choice of services and considerably more tax paid for services in the society that provided those companies with their opportunities to make money.
    The problem (well, a problem) is that for users it is actually a lot more convenient to interact with a single, giant company than lots of smaller ones.
  • Scott_P
    Scott_P Posts: 51,453
    @Jake_Wilde: The tax return debacle is simply another scene in the film future generations will come to know as #CarryOnCorbyn https://t.co/u8MzoWYdaa
  • David Cameron is matchless and really is amazing when his back is to the wall

    You can't deny his masterful performance handling some technical tax issues in an understandable and convincing way .
    Agreed. The PM has performed superbly this afternoon.
    Labour, unsurprisingly all over the place.
  • Pulpstar
    Pulpstar Posts: 79,813
    Dennis Skinner and Alan Duncan both twitter trending !
This discussion has been closed.