The biggest search engine in the world is Google, and it is this company who are sucking the lifeblood out of the UK. They do this by taking business from here and not paying their tax. In a wonderful sweetheart deal with HMRC they only pay £130 million in backdated tax. This company should not be allowed to do business in the UK. It should be fined to the hilt for tax avoidance. By this I mean the real understanding of why tax is in place. It is clear from the financial instruments in place they are able to move money around and classify it as something else. So why is the UK government also lobbying to protect Google's tax haven in Bermuda.
In watching an interview on the Andrew Marr Show, 31.01.2016. Marr interviews Peter Barron and asked him some questions about the tax the G had paid. When watching this man be interviewed there were two things which came to mind. Firstly Marr is a crap interviewer and is afraid of asking difficult questions and pursuing them like a pit-ball. The politicians must love him because it is a chance to self publicise. Secondly there was no way this man could answer any questions and he was not the CEO who should of been fielding questions about dodgy tax deals. It was clearly very early this interview would be a white wash of excuses and so it was. Peter Barron by being interviewed was putting his head on the block, for if he did come out of this interview poorly he would be sacked from a lucrative job. He came out of it, but with only a few scratches and not a savaging which he should of had. He could not say how much profit google had made, he avoided such questions by diverting his answers to how the UK tax system works. As if we need an explanation for this. What we needed was an explanation about google. Why don't google pay their fair taxes on the actual profit they make? Why do they use financial instruments in order to dodge paying taxes? Why are they building at enormous expense 3 buildings in London. The pictures of one such building were advertised in the Telegraph. See here the luxury green velour room where employees can sit and think. A room which was obviously funded from profits, but for such profits to be spent in this way on this building certainly does mean google is avoiding paying their fair tax.
There has to be no doubt in anyone's mind this sweetheart deal google has made is costing the tax payer money. For unpaid tax means less spent on education, the NHS and the emergency services to say the least. Not even considering how tax is also distributed to local authorities so they can provide the services real people use every day in the boroughs they live in. The UK government should be utterly ashamed of how it has conducted itself, it is Tory led ministers who have pushed and accepted this deal from the HMRC, it is George Osborne who is responsible for accepting it and his fellow cabinet members who have failed to stand up for the country who voted them into power in the first place.
Shame on google and shame on this Tory government.
Some things defy belief, because of their stupidity, arrogance and evilness. Things which in another universe might be stopped before happening. It would be good to hope one day all would change, adverse human behaviour will always cross boundaries and disappoint or harm others.
Sunday, 31 January 2016
Saturday, 30 January 2016
Google is it a conniving, nasty, self-important, tax dodging company?
Conniving most certainly and a lot of people are bound to say Yes. For there cannot be a single fair tax paying person in the UK who is now spitting feathers knowing how Google has fleeced the country of paying a fair tax on it's profits. The tax paid has been estimated at a mere 3 percent. This is a company which is multinational and makes billions in GBP each year. By not paying a fair tax it is depriving this country of money which would of been paid towards, hospitals, nurses, doctors, GPs, roads, fire engines, lighting, education, welfare services, welfare funding and hundreds if not thousands of other such items tax helps to support and pay for. Google by not paying an appropriate and fair tax are shafting the British people and then doing it again and again every single year.
It was HMRC who investigated Google and it was on authority of George Osborne the deal was accepted. This company has a direct line to the law makers of this country and this is inappropriate on many levels. The G made £4.6 billion of sales which went through Ireland over the last year, in consideration this is a company which deals mostly in intellectual property as a business and advertising the amount of actual profit on this is likely to be a large proportion. Lets say at least £2 Billion. The HMRC however has asked them to pay up a mere £130 million. Now although the press say G has paid 3 percent, it seems likely even a this figure is high in estimation. The G and many other tech companies will say they pay the tax they owe. This is because they use financial witchcraft such as the double Irish and the Dutch sandwich, real money is now not real it is electronic and highly mobile, so it is transferred in an instance anywhere around the world. The notion of fairness has no play in the world of tax. Yet it is the normal indigenous populations of countries who pay fair taxes, the workers and the small to medium size businesses. But the supersize buinesses don't, they have no moral compass or compassion. They live off the money they get from those who use their services then throw that money around in a smokescreen so it never gets returned back to the original purchasers through tax. It has been suckered out of the economy like a parasite withdraws blood and never gives back to the host. This is what high tech companies like G have become.
The answer then is not to use their businesses, their services or anything to do with them. To find an alternative because out there in the world there are alternatives. When their business models begin to fail then they may start to ask why. Technology can be moved around and there is always another company who can do the same thing. Personally I am now making a point of changing my default search engine. If G is going to screw my country I am not going to participate in helping them.
It was HMRC who investigated Google and it was on authority of George Osborne the deal was accepted. This company has a direct line to the law makers of this country and this is inappropriate on many levels. The G made £4.6 billion of sales which went through Ireland over the last year, in consideration this is a company which deals mostly in intellectual property as a business and advertising the amount of actual profit on this is likely to be a large proportion. Lets say at least £2 Billion. The HMRC however has asked them to pay up a mere £130 million. Now although the press say G has paid 3 percent, it seems likely even a this figure is high in estimation. The G and many other tech companies will say they pay the tax they owe. This is because they use financial witchcraft such as the double Irish and the Dutch sandwich, real money is now not real it is electronic and highly mobile, so it is transferred in an instance anywhere around the world. The notion of fairness has no play in the world of tax. Yet it is the normal indigenous populations of countries who pay fair taxes, the workers and the small to medium size businesses. But the supersize buinesses don't, they have no moral compass or compassion. They live off the money they get from those who use their services then throw that money around in a smokescreen so it never gets returned back to the original purchasers through tax. It has been suckered out of the economy like a parasite withdraws blood and never gives back to the host. This is what high tech companies like G have become.
The answer then is not to use their businesses, their services or anything to do with them. To find an alternative because out there in the world there are alternatives. When their business models begin to fail then they may start to ask why. Technology can be moved around and there is always another company who can do the same thing. Personally I am now making a point of changing my default search engine. If G is going to screw my country I am not going to participate in helping them.
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