As a fairly new micro business – total complement of one! – I do not know enough about the corporate world of tax efficiency/avoidance depending on which view you take to make a right/wrong judgement call.
What is clear every time I do my VAT Returns or my Annual Return and get the respective bills I would like to pay as little tax as possible! Who wouldn’t?
I don’t take the view ‘if I’m paying this huge amount (relative to my business) – every business should’. Part of my business is working in the world of getting unemployed people from all backgrounds to raise their self-esteem and be equipped to go into permanent, sustainable work. I see all the time the positive impact employment makes on them, their families and their communities.
Organisations like Google might do what we all would like and pay as little tax as possible but they are a considerable employer in the UK. They are building new offices here which has the domino effect of a positive impact on local businesses as well. Local people will secure jobs. The outsourced companies Google contract will hire more people. What is the value to UK plc of this?
Whilst the headlines are full of France’s push to secure 130bn Euros – how much will they actually secure and at what cost to France’s job market and business economy?
Instead of knee jerking at the media headlines, maybe some reflective thought before making judgements is needed?