RE: Re:Couldn’t buy - Echo Energy29 May 2020 08:49
I think transaction tax will be a better option! 5% across the board ? so the likes of Starbucks amazon Facebook etc can perk where they like but if they transact in the uk they pay in the uk ! of course these charges will be deductible from corporation tax but as they don't park their headquarters in the uk for tax purposes that will be someone else's problem :) It should include digital so if you buy a download from cupertino its still taxed in the uk !! Every coffee every app every car! Now if you domicile in uk its deductible so free but we get the corporation tax, if not we get the transaction tax revenue. Works for me, that way i wont be saddling my grand kids with my generations debt.