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Mike Ashley

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Author Topic: Mike Ashley  (Read 1784 times)
Melbourne Cobbler
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« Reply #40 on: May 11, 2020, 00:42:51 am »

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 doesnít 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 itís 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. Thatís 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 havenít 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, youíll fit right in?
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Chairman, Paul Stratford Fan Club, and proud member of the Steve Massey Appreciation Society. (Although refuse to be in his fan club on account of his crap goal celebration in front of The Hotel End when playing for Wrexham)
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« Reply #41 on: May 11, 2020, 02:52:49 am »

Oh and corporation tax in Oz is 30% compared to 19% in UK.
By way of an addition for the ill advised, businesses turning over less than 50 million AUD its 27.5% corporation tax, 26% for the 2020/21 income year, and 25% for the 2021/22 and later income years. Corporation tax payments remain deductible from your personal tax calculation. Iíll give you another fact, just prior to 1971 the higher rate of tax in the UK was around 90%. It got cut for one reason alone. The higher rate tax payers took your advice and became part of the ďgood riddance gangĒ. The UK government and the numpties at the HMRC finally woke up to the fact that having an internationally competitive rate of tax means they currently retain the possibility 45% of something rather than 90% of fcuk all. As a result during the 1970s, progress was made in reducing the level of post-war poverty and inequality, with 3 million families in Britain in poverty in 1977, compared with 5 million in 1961. This was despite significant population growth at that time. This coincided with a large reduction in higher taxation during the same period? You see this can be the problem, unqualified individuals with ridiculous agendas making rash and dangerous decisions that sometimes have serious consequences for the people they claim they want to help?
« Last Edit: May 11, 2020, 02:57:04 am by Melbourne Cobbler » Report Spam   Logged

Chairman, Paul Stratford Fan Club, and proud member of the Steve Massey Appreciation Society. (Although refuse to be in his fan club on account of his crap goal celebration in front of The Hotel End when playing for Wrexham)
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