Monday 3 December 2012

Tax is a moral issue? Bollocks! - Part 2

The BBC reported today that Margaret Hodge (Public Accounts Committee) is telling off the likes of Google, Starbucks and Amazon for not paying enough tax.  I commented on this farce before in August when Jimmy Carr was lynched by the Press for doing something entirely legal.

HMRC tax collection: Margaret Hodge and Jesse Norman
Link opens in new window

I remind Margaret Hodge and the Public Accounts Committee that tax is a legal matter.  Neither Google, Starbucks or Amazon have done anything illegal.  Please do not blame Companies who comply with the law but blame the law that allows this to happen.  Maybe Margaret Hodge and the Public Accounts Committee should aim some of their moral high handedness at the law makers.  It is Mr Cameron that does not have the moral fibre to enact a law stopping tax avoidance.  

Experts say that it is too difficult to stop the multi-nationals.  No it is not.  If a transaction occurs within UK geographic borders (purchaser or seller or both) then that transaction is subject to UK tax law.  i.e no convenient off-shore tax havens should be permitted.  If the money associated with any specific transaction goes off shore at any time, then that should be counted as tax evasion and a criminal act.

Since when has tax become voluntary?  Is the Government a charity now, trying to drum up support for donations?  It's a joke!

Put up or shut up!

Google, Starbucks and Amazon = Smart
Government = Stupid
No one, pays more tax than they have to.

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