Richard Branson

[AVB]

Why would or should Branson pay UK tax when he doesn’t live in the UK. The same as any other non-res, non-Dom. 
 

that’s different to Virgin Airlines Ltd which is registered in the U.K. and pays UK Corporation Tax. 

i don’t particularly car for Branson but there is a big difference between the two. 

[grrclark]

1 minute ago, AVB said:

Why would or should Branson pay UK tax when he doesn’t live in the UK. The same as any other non-res, non-Dom. 
 

that’s different to Virgin Airlines Ltd which is registered in the U.K. and pays UK Corporation Tax. 

i don’t particularly car for Branson but there is a big difference between the two. 

You’re pushing at a closed door.

Just out of interest, although VA has made no corporation tax payments in the last 2 years as they are carrying forward debt, as our tax rules permit, the estimate is around £140m of employer taxes and £240m of air duty taxation contributed to the public purse last year by VA.

[12gauge82]

1 hour ago, grrclark said:

You’re pushing at a closed door.

Just out of interest, although VA has made no corporation tax payments in the last 2 years as they are carrying forward debt, as our tax rules permit, the estimate is around £140m of employer taxes and £240m of air duty taxation contributed to the public purse last year by VA.

The point is, just because something is legal, it doesn't necessarily make it right. Sometimes, all it means is that business is more agile than the government is at closing loop holes used by unscrupulous individuals who are in very privileged positions (often due to their total lack of morales and disregard to play fair, using hard working people around them for their own financial gain). But then I don't expect you to understand, it's like pushing at a closed door.

[AVB]

3 minutes ago, 12gauge82 said:

The point is, just because something is legal, it doesn't necessarily make it right. Sometimes, all it means is that business is more agile than the government is at closing loop holes used by unscrupulous individuals who are in very privileged positions (often due to their total lack of morales and disregard to play fair, using hard working people around them for their own financial gain). But then I don't expect you to understand, it's like pushing at a closed door.

But why do you think he should pay UK tax? He doesn’t live here. 99% of the worlds population don’t live here and, shock horror, don’t pay UK tax either. What is there to understand? 
 

do you feel the same about other non-res, non-doms such as Lewis Hamilton? 
 

I’ve been non-resident in the past due to my work and didn’t pay UK tax. What’s the difference between me and Branson (other than a few Billion)? 

[12gauge82]

18 minutes ago, AVB said:

But why do you think he should pay UK tax? He doesn’t live here. 99% of the worlds population don’t live here and, shock horror, don’t pay UK tax either. What is there to understand? 
 

do you feel the same about other non-res, non-doms such as Lewis Hamilton? 
 

I’ve been non-resident in the past due to my work and didn’t pay UK tax. What’s the difference between me and Branson (other than a few Billion)? 

Obviously if you don't use the UK services that it's taxes fund then no, you shouldn't pay UK tax.

[grrclark]

21 minutes ago, 12gauge82 said:

The point is, just because something is legal, it doesn't necessarily make it right. Sometimes, all it means is that business is more agile than the government is at closing loop holes used by unscrupulous individuals who are in very privileged positions (often due to their total lack of morales and disregard to play fair, using hard working people around them for their own financial gain). But then I don't expect you to understand, it's like pushing at a closed door.

Shhh

[Shotguneddy]

He’s a greedy 🔔 end

[12gauge82]

9 hours ago, grrclark said:

Shhh

As I thought, a locked door.

[old man]

On 26/05/2020 at 09:09, oldypigeonpopper said:

Hello, yes spends money for useless projects and want tax payers to bail out his airlines, not forgetting the millions on his rail franchise or the 1000s of people made redundant, 

Yep, that's the way of it, accumulation of wealth the easy way?

[Lloyd90]

I’m not sure why Branson (or other companies that have owners who are very rich) is/are getting bashed for using the furlough scheme. 
 

I thought the point was that it’s available to all companies to reduce the burden on them. 
 

It’s like saying it’s available to companies, unless they are too successful. We’ve pushed these companies for years to be successful, generate jobs etc, but then are we saying ‘sorry were only going to support moderately successful or borderline failing businesses during this time’ ... 🤔

 

Im not surprised big companies took advantage of Government schemes to put themselves in better positions, the people employed at those firms are paid big money to do exactly that, look at ways they can improve their business. It’s literally their job. 
 

There’s a reason these businesses are so successful, it’s because they tap into opportunities and resources like that. 
 

If you had any other business and you were out of operation for several months and the Government has an option to pay 80% of your staff wages for several months, and you didn’t tap into it, you’d be an absolute moron!! And your business would very likely be doomed to failure. 

[grrclark]

2 minutes ago, Lloyd90 said:

I’m not sure why Branson (or other companies that have owners who are very rich) is/are getting bashed for using the furlough scheme. 
 

I thought the point was that it’s available to all companies to reduce the burden on them. 
 

It’s like saying it’s available to companies, unless they are too successful. We’ve pushed these companies for years to be successful, generate jobs etc, but then are we saying ‘sorry were only going to support moderately successful or borderline failing businesses during this time’ ... 🤔

 

Im not surprised big companies took advantage of Government schemes to put themselves in better positions, the people employed at those firms are paid big money to do exactly that, look at ways they can improve their business. It’s literally their job. 
 

There’s a reason these businesses are so successful, it’s because they tap into opportunities and resources like that. 
 

If you had any other business and you were out of operation for several months and the Government has an option to pay 80% of your staff wages for several months, and you didn’t tap into it, you’d be an absolute moron!! And your business would very likely be doomed to failure. 

The scheme was open to all and regrettably it will also be abused from big to small as well, it is the nature of being.

I do agree that any businesses that have taken advantage of the furlough scheme should not be allowed to pay dividends to shareholders.

Unfortuantely the help offered to the self employed has penalised people for being successful/lucky in their business ventures.

[Lloyd90]

1 hour ago, grrclark said:

The scheme was open to all and regrettably it will also be abused from big to small as well, it is the nature of being.

I do agree that any businesses that have taken advantage of the furlough scheme should not be allowed to pay dividends to shareholders.

Unfortuantely the help offered to the self employed has penalised people for being successful/lucky in their business ventures.

Yes, like the many companies who used the Furlough money to pay their staff but also told them they had to continue working ... 

[SpringDon]

2 hours ago, Lloyd90 said:

I’m not sure why Branson (or other companies that have owners who are very rich) is/are getting bashed for using the furlough scheme. 
 

I thought the point was that it’s available to all companies to reduce the burden on them. 
 

It’s like saying it’s available to companies, unless they are too successful. We’ve pushed these companies for years to be successful, generate jobs etc, but then are we saying ‘sorry were only going to support moderately successful or borderline failing businesses during this time’ ... 🤔

 

Im not surprised big companies took advantage of Government schemes to put themselves in better positions, the people employed at those firms are paid big money to do exactly that, look at ways they can improve their business. It’s literally their job. 
 

There’s a reason these businesses are so successful, it’s because they tap into opportunities and resources like that. 
 

If you had any other business and you were out of operation for several months and the Government has an option to pay 80% of your staff wages for several months, and you didn’t tap into it, you’d be an absolute moron!! And your business would very likely be doomed to failure. 

I have to agree, they would be failing as business people not to avail their companies of every  crutch they could. Whilst I’m sure it has been abused by some, so is every grant or benefit provided by the government. We can but hope that the culprits are brought to justice as soon as the authorities have nothing better to do.