UK lost out on £2bn in tax in 2021 as big tech shifted profits abroad, claim campaigners | Technology sector

5 comments

1. Time to start taxing a % of their global annual turn over. Really is that simple.

2. High taxes discourage business, who’d have thought…

3. Why not block their IP? If you dont pay tax dont operate in our bubble. Simple.

   About time governments showed these tech companies whos boss……lmao who am i kidding hahababba

4. But remember if Labour got in it’d be worse. The mantra of the hoodwinked generation

5. There sadly isn’t an easy way to change this unilaterally without causing massive international knock-on effects.

   It’s worth mentioning that while £2bn is a lot of money, small businesses are currently evading **ten times that** each year. That’s under the current rules too, so it wouldn’t need a massive dramatic change, just more resources for HMRC.