Not wishing to be Political particularly but as a concerned citizen I would like to draw your attention to an important tax issue.
| Related: | Personal Finance•Tax•Business & Corporation Tax |
Our tax agency is letting big businesses like Goldman Sachs off billions of pounds of tax. MPs have called for action, but the government isn't responding. Let's boost the MPs' call and get the Prime Minister to ensure full transparency and full payment. Sign now:
Click here to sign the petition
Our tax chief had secret lunches with Vodafone and Goldman Sachs and then handed them billions in tax breaks - while keeping Parliament in the dark!
MPs are outraged, claiming we are owed over 25 billion pounds in back taxes from these and similar dodgy deals. But the tax agency has blocked an inquiry into the scandal and refuses to release any documents to shed light on why these tax breaks were ordered in the first place.
By acting together now we can ensure full transparency on the Goldman Sachs and Vodafone deals, and get them to pay the tax they owe. Let's turn up the heat -- sign the tax justice petition to David Cameron -- we'll deliver it with a splash next week:
Responses (2)
In truth you are not being political but I suspect that HMRC are being political. They are hoping to placate big business by offering them huge tax breaks thus making the UK an attractive place for big business to base themselves in.
The role of the HMRC is not to play the role of the Business Development department but to apply its rules and regulations regarding tax raising without fear or favour.
I have recently beeen hounded by the HMRC and required to supply backdated accounts for the past 6 years. The findings of this investigation was that I owed them £600, which once my accounts had been assessed and an explanation given, I was happy to settle.
However, when you read that big Corporates are being let off millions in legitimate tax evasion (!), then I wonder whether the resources of the investigators could be better utilised.
Mr. Tony Blair earned £12 million and yet only paid tax of £315,000, which equates to a tax charge of 2.5%.
The taxation system is this country is not fair or just and favours large Corporates whom are more than able to pay thier rightful share of taxation on profits earned. Often it is the 'little' people who are punished unfairly and disproportionately.
Don't get me started on Bliar, Parchy!
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Thanks Parchester, this is what I class as a deep money subject and in most cases it ends up baffling me so thanks for explaining things
F****** Blair.
Yes, G-Man!!!!