Any overseas company with a UK branch or office must pay UK Corporation Tax on company profits arising in the UK. On 23 September 2022, the government announced that the increase in the Corporation Tax main rate to 25% and the introduction of a small profits rate of tax from 1 April 2023. The U.S. currently taxes corporations at 21%, France at 26.5% and Germany at 15%.
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@B2R487D2mos2MO
No. I’m NOT socialist. I’m Nordic. I’m siding with the Social Democrat in Denmark. NOT communist. I do NOT support big government
@9QFDBPM9mos9MO
It should be analysed on a case by case basis whether the savings from it moving abroad outweigh the cost of the loss of jobs
Ethical companies only - ie, those that pay fair wages, reduce their carbon footprint and treat staff fairly
@9P6NXPD9mos9MO
I think businesses should try and keep jobs within the coiuntries, but they shoul dbe allowed to expand as long as they are not exploiting poorer countries, by paying small wages to those locals. Companies which wish to expan abroad shoudl pay an equitable amount of money to the employees from those countries which will reflect a similar wage as in the UK
@9MS3YM3Conservative10mos10MO
Yes, but only where the private company is creating highly skilled jobs that are highly beneficial to the UK.
@8YGGHN73yrs3Y
No, but drastically increase taxes and import tariffs on outsourcing businesses and provide incentives in another manner and for taking worker representation on company boards.
@93XC5CV3yrs3Y
The current setup is good enough
@9BRYVMN2yrs2Y
a lot of private companies avoid tax if they don't want to pay it.
@9B5H7GB2yrs2Y
Don’t understand the question
@8YVLB363yrs3Y
No but nationalise only for jobs
@9C2CCVNLiberal Democrat2yrs2Y
Yes, but only on unskilled labour.
@9BTJW4S2yrs2Y
The government should not interfere in the free market, but at the same time taxation is theft and private companies shouldn't be taxed in the first place.
@99JNFGF2yrs2Y
@9994P732yrs2Y
No, but assume other measures may be required
@97PXSY52yrs2Y
nationalize the industry
@97N3H5CConservative2yrs2Y
Allow more support for smaller businesses
@96X84LM2yrs2Y
Totally depends on the nature of the business and the location it employs people
@96SMX2C2yrs2Y
Yes, but only if they’re homegrown businesses headed by British nationals
@95KK3SJ3yrs3Y
No, increase corporation tax and invest in community infrastructure
@8WJ2Y763yrs3Y
Yes, but only incentives that will benefit the country in other ways (clime change, etc.)
@8KJS9694yrs4Y
Yes, they should create a system where small businesses get a tax break and also they should get Employment Allowance, which could actually reduce a company’s National Insurance bill by £4,000 a year if they have employees. I would also lower Corporation tax for companies who have profited from patented inventions. Companies should also be able to claim for petty cash expenses, the flat rate VAT scheme and zero employer National Insurance contributions for employees under 21.
@9B84XHJ2yrs2Y
I believe that companies should be Nationalized but it depends on the situation.
@99QYDG82yrs2Y
Companies should be given 'tax bribes', in any situation, but the UK tax system should be made fair enough to give all businesses including start ups a reasonable chance of success
@96Q59YL2yrs2Y
Yes, this will help keep jobs within the country and will decrease the unemployment rate
@92SFWQZ3yrs3Y
No but add incentives for those that employ in the UK
@92D97LC3yrs3Y
Yes but stop companies from avoiding tax
No. Make the country more appealing with more investment
Get rid of privatisation
@96YDX2T2yrs2Y
The Government should have moderate tax rate and no tariffs to keep big businesses in Britain and increase growth
@8XLLNKT3yrs3Y
No, invest in community infrastructure to make the UK an attractive place for private businesses to operate.
@8P9Y8RG4yrs4Y
no, and punish them for removing jobs from the country
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