That sums it up really. There are a lot of businesses doing very nicely in this country with the owners earning a nice wedge. The owners have also found cunning ways to earn even more by swerving the revenue. There is a huge divide between the top earners and the average worker. The richest 10% of households hold 44% of all wealth. The poorest 50%, by contrast, own just 9%. Let's face it, it is called greed. Oh and corporation tax in Oz is 30% compared to 19% in UK. If business owners wish to re-locate from the country that brought them up then good riddance. One thing this covid malarkey has proved is that the workers we really rely on are undervalued to a very high degree and businesses and governments need to realise that wealth distribution needs to be much fairer.
Ill informed as ever, corporation tax payments in Oz are discounted off your personal tax bill. Been looking something else up on the internet and jumped to another ridiculously out of context conclusion have we? Name one cunning way that small to medium size business people can swerve the revenue, just one? As I said no respect, no gratitude, no assistance, just petty jealousy, ridicule and contempt, thanks for confirming. Once again generalised statements without any concept of reality? However, you will be no doubt delighted to know that your philosophy is fairly common and had an influence on our decision to pull the plug and come here so congratulations. Unfortunately that mindset doesn’t come for free, it costs the UK an absolute fortune in lost revenue and lost employment which has a significant impact on the very people that deserve a better deal. By the way I still run businesses in the UK that employ a number of people, so it’s not really totally good riddance. Whilst there were no redundancies as a result of the move we would have now been employing a significant number of additional people and the cost to the Inland Revenue is probably around a million a year in lost revenue. That’s from just us, there are many more like us and the louder and more numerous the SOGs of this world get, the more there will be. Interestingly I haven’t really experienced any of this in Oz, totally the opposite to be honest. I would like to think that is a contributing factor as to why Australia has gone 28 years without a recession, which has had a positive effect on everyones quality of life in the country. In the UK Around 22% of people are in poverty, compared to 13% in Australia. 17.5% of children under the age of 16 are in poverty in Australia compared to a shocking 30% in the UK? You should become a UK politician SOG, you’ll fit right in?