Not our Roll to pay tax…

There wasn’t much feedback on yesterday’s ‘blog, although it got one ‘like’ – which made it more popular than the idea that The Queen might one day step down and allow Prince Charles to take over as King before the Queen dies (surely Prince Charles must have been licking his lips yesterday when he heard she’d gone to hospital?).

 

I’m a bit surprised that Prince Philip didn’t get in touch with me, but apparently he was attending a ceremony for various people who had progressed to the next level of the Duke of Edinburgh Award – which I think is an award when you have to try and make as many racist comments to foreign dignitaries as possible…

 

Anyhow, it’s time to be move on to today’s ‘blog, which is about Rolls Royce (and that’s the engine-builder and not the car manufacturer… or the 1970’s band who sang Wishing on a Star – and I’m fairly certain they were called Rose Royce anyway). 

 

The reason Rolls Royce have come to the fore is because it has been revealed that they didn’t pay any UK corporation tax last year; the only tax that they have paid would be Value Added Tax, Income Tax, National Insurance and Fuel Duty, but not Corporation Tax – the tax dodging bastards. 

 

Having had the Government slowly reduced the rate of Corporation Tax for companies over the last few years by 1% at a time, it must been a bit depressing for the Chancellor to see Rolls Royce (the engine making firm, not the car manufacturer – even though Rolls Royce cars have engines in them) decided to further reduce the liability down to 0%. 

 

To be fair, it’s easy to criticise these large multi-national firms who avoid paying tax; but let’s be honest we’re hardly rushing to pay as much tax as possible are we? Although that said, I am advised that the WOWS ‘blog’s three readers are Gary Barlow, Harry Redknapp and Jimmy Carr…

 

I’m only joking.

 

The WOWS ‘blog isn’t popular enough to be read by three people…

 

In any event, Rolls Royce are far from being alone when it comes to a large multi-national companies not paying Corporation Tax in the UK. It has been alleged that Vodafone have avoided paying tax – although they claimed that they tried to pay it over the phone, but they kept loosing signal. 

 

Also, the investment bank Goldmans are alleged to have avoided paying tax… although the shouldn’t have done that and this result in their Finance Director been given the Sach… another company to have avoided paying Corporation Tax in the last 3 years was Starbucks, despite UK sales of around £400m in 2011… quite frankly, this is ridiculous… they need to wake up and smell the coffee…

 

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