Amazon is on a fresh collision course over its tax contributions, after the multibillion-pounds business revealed it received more money in government grants last year than it paid in corporation tax in Britain.
Charlie Mullins wonders why the first businesses named and shamed on a recent HMRC list of tax dodgers are all SMEs, rather than the big corporations we all know about.
Bricks and mortar businesses can still flourish in the face of online competition but the government isn’t doing enough to protect them against elaborate tax avoidance schemes.
John Sollars wonders whether SMEs are paying more than their fair share, while the largest retailers avoid corporation tax.
Amazon, Starbucks, Google and many more large companies are contributing little to nothing in UK corporation tax.
Tax evasion is an even more serious problem for a country in recession. John Sollars ponders on the effect it has on UK businesses.