The £120bn tax gap thing. Murphy's report has been widely discredited and even if it hadn't included lots of stuff where companies avoided tax by doing exactly what the Govt wanted them to do when it introduced a tax incentive, etc.
Treasury estimates actual tax gap is about £40bn. That's a huge amount of money, so why people want to use the completely discredited £120bn figure is beyond me.
Oh--Vodaphone didn't dodge any tax, and Arcadia group pay full UK taxes. If Vodaphone owe money, Arcadida don't, and vice versa, anything else is completely contradictory.
no subject
Date: 2011-01-28 07:36 pm (UTC)Treasury estimates actual tax gap is about £40bn. That's a huge amount of money, so why people want to use the completely discredited £120bn figure is beyond me.
Oh--Vodaphone didn't dodge any tax, and Arcadia group pay full UK taxes. If Vodaphone owe money, Arcadida don't, and vice versa, anything else is completely contradictory.