Yossarian wrote:Labour have tabled an amendment: https://labour.org.uk/press/labour-tables-amendment-break-brexit-deadlock/
WorKid wrote:He says he is.
I dunno why I'm defending the twat, but he's still pouring money into the UK site.
Rowan said the decision was not made for tax reasons. The corporate tax rate in Singapore is 17%, compared with 19% in the UK.
LivDiv wrote:Yeah but if we leave the EU he can sell louder vacuum cleaners.
It's important to be balanced.
poprock wrote:Yoss, when a business of that size and reputation is shopping around for a new officially registered base, then each nation’s government will make them an offer. Tax breaks, favourable funding, guaranteed support, even favourable legislation. In this case the package from Singapore is clearly preferable to the one from the UK. It’s not just about the standard corporation tax rate.
Yossarian wrote:I know that, but the question is why were they shopping around for a new base anyway? Just to avoid tax? There are tons of ways to do that.
RedDave2 wrote:Because Britain isn't going to be a great place for the next few years, so get out and find new digs.Yossarian wrote:I know that, but the question is why were they shopping around for a new base anyway? Just to avoid tax? There are tons of ways to do that.
It looks like you're new here. If you want to get involved, click one of these buttons!