Trump

[Sundayjumper]

I'm at the nuclear factory, I'm at the drug factory, I'm at the combination drug slash nuclear factory.

[mik]

Alright mate. Have you.... erm.... have you got any.... erm.... got any of that nuclear mate?

[Jobbo]

No we work on all rigs over the world, uk people could do it but the work for them has dwindled so much we are taking up the slack. When we get paid no money comes back to the uk from the contractor.

The UK work is drying up massively so there is less point in having a UK arm of the business. Whatever way you look at it that is less UK tax money coming in.

If we decided that Lawyers earn too much and we should tax them a higher percentage, would you not be annoyed that you were paying a much higher percentage than other people for zero gain ?

What if you ran a firm with 100 employees and decided to start up again in Norway and pay less. Who benefits apart from you as the government doesn't.

Personally, if you employ people and bring in a lot of business, I think your level of tax should go down the more work and jobs you bring in. Incentivise building a business in the UK and use the people we have over here.

Dave!

I’m not sure I understand your point Dave. You want some industries to be exceptional? Why? Law firms and lawyers already pay the same rates as other businesses and individuals.

If you move your business to a different country then you pay your taxes there instead, provided you do actually move rather than pretend to. But you have then left the U.K. so shouldn’t have any say in what the U.K. chooses to do.

Compare Dyson, Ratcliffe et al to Denise Coates. She runs a business which is very easy to offshore yet she doesn’t and consequently is, I believe, the single biggest taxpayer in the U.K.