NO TAX NO GRANT NO LOAN

Any companies or company owners/directors etc should not be allowed to obtain any financial relief in the form of grants or loans if they do not pay the correct tax in this country.

Why the contribution is important

We bailed out the Banks and they don't seem to have learnt the lessons and only started freeing up loans once the UK government underwrote a 100% of these loans. So no tax payer should be bailing out billionaire owners and companies who contribute zero to the UK tax revenues. Likes of Richard Branson who has not paid one penny in UK tax for the last 15 years!

by Boblidd on May 05, 2020 at 03:02PM

Current Rating

Average rating: 4.7
Based on: 22 votes

Comments

  • Posted by Hgrady May 07, 2020 at 05:49

    Some people don’t understand the purpose of paying taxes. If they did and we had a clearer message it would help. Now is the best time to make it clear why we ALL rightfully need to pay our taxes!

  • Posted by borisjlives May 07, 2020 at 11:12

    Richard Branson doesn't live here so why would he pay tax here ?
    His businesses pay taxes here if they are based here
    His business' employees pay taxes here
    His business' suppliers pay taxes here
    His business' customers pay taxes here

    Those business' are now shut down by government decree and economic circumstances that affect nearly everyone (wait till you see what this does to your pension). Why should those business go under just because the guy that is the majority shareholder has a lot of money tied up in investments, employing more people who pay taxes. Right now with share values around the world reduced by 60% and a recession looming Branson's net worth has also reduced by about 60%. He doesn't have 15 Billion in the bank, he has about 5 billion in shares of companies that support the economy and maybe a million or two in the bank.

    If we are going to prop up any business, we should prop up all business, isn't that fair and just?

    Richard Branson and other super rich people are able to live in tax havens because they have made good decisions and in Branson's case promoted good employment relations with the workforces that work in his business. I don't grudge him his money, he earned it.

    By the way you don't pay tax on shares income, you pay a flat fee of 2% of the value of each transaction.
    If you don't invest but gamble on the stock markets you pay no tax or fees at all on your winnings.
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