Does Dyson intend to buy England

[fgc325j]

Nonsense. We set our own taxes including corporation tax, which is about to be reduced one percentage point, or it has already been reduced, not sure which. Ireland is lower still and has been for years.
Another attempt at demonising the EU for something that has always been under UK control. You must already know this of course, because we get regular Budgets.

We can also choose how much VAT to charge and on what goods of course.

I distinctly remember the a Tory goverment bringing in the 5% Vat rate on energy solely
"to bring us in line with other EU countries", meaning that they were "advised" to do so
in order to be good little Europeans.

 

[Cowabunga]

Read the agreement before you start telling us about it,you say we are in control of our taxes but could we do a way with vat altogether? I think you will find we cannot

You must be desperate for an argument. The UK would never do way with VAT. Even if they payed lip service to doing so to try and hoodwink people like your, it would be replaced by something like we had before, which is VAT by another name, i.e. sales tax.

We have already changed the VAT rate twice. No other country forced us to do so, just as they cannot force the UK to put VAT on all food, children's clothes and such like. It has always been UK's decisions. UK's tax rates. UK's choice who and what to tax.

 

[TheTallGuy]

You must be desperate for an argument. The UK would never do way with VAT. Even if they payed lip service to doing so to try and hoodwink people like your, it would be replaced by something like we had before, which is VAT by another name, i.e. sales tax.

We have already changed the VAT rate twice. No other country forced us to do so, just as they cannot force the UK to put VAT on all food, children's clothes and such like. It has always been UK's decisions. UK's tax rates. UK's choice who and what to tax.

Read up on the tampon tax.

 

[Cowabunga]

I distinctly remember the a Tory goverment bringing in the 5% Vat rate on energy solely
"to bring us in line with other EU countries", meaning that they were "advised" to do so
in order to be good little Europeans.

Yes, they used the "blame the EU" card again, when they really didn't have to do it but wanted the tax revenue. They could in fact charge the full 20% standard rate, but they don't. UK tax rates are nothing like the rest of the EU. Our VAT rate is different. Our income tax rates are different. Excise duty different. Corporation tax different. What we choose to tax and what we don't is different. All controlled by HMRC and set by the UK Government.

 

[Cowabunga]

Read up on the tampon tax.

No thanks.

 

[Cowabunga]

P and O ferries going to The Netherlands as well apparently

Not only Sony and Dyson moving their headquarters from the UK, Panasonic are going too. The number that are making the decision to move out of the UK are increasing by the hour. Lots are relocating to Amsterdam by the looks of it.

People are in denial about it. These large companies with EU sales in the Billions are moving their EU headquarters out of the UK. It is not a coincidence.

 

[turbo]

You must be desperate for an argument. The UK would never do way with VAT. Even if they payed lip service to doing so to try and hoodwink people like your, it would be replaced by something like we had before, which is VAT by another name, i.e. sales tax.

We have already changed the VAT rate twice. No other country forced us to do so, just as they cannot force the UK to put VAT on all food, children's clothes and such like. It has always been UK's decisions. UK's tax rates. UK's choice who and what to tax.

No desperation here mate just stating facts,what’s the lowest rate of vat we can have?

 

[Cowabunga]

No desperation here mate just stating facts,what’s the lowest rate of vat we can have?

Everyone knows that the lowest rate is 'Zero'. So what is your point?

 

[Rowland]

No desperation here mate just stating facts,what’s the lowest rate of vat we can have?

Zero ! but it would probably not happen

 

[Cowabunga]

Zero ! but it would probably not happen

f**k me! All agricultural food production, which is what my business sells, is zero rated. Isn't yours?

It is not universally zero rated across the EU.

 

[Rowland]

fudge me! All agricultural food production, which is what my business sells, is zero rated. Isn't yours?

It is not universally zero rated across the EU.

I was on about things that have vat on them charge at 20% or 5% there maybe other rates but if there is Im blissfully unaware

 

[turbo]

Everyone knows that the lowest rate is 'Zero'. So what is your point?

How can it be zero when we were not allowed to reduce it on fuel?.So look again and find what level of vat we have to apply at the bequest of the eu before you start telling people they are talking nonsense

 

[Still Farming]

P and O ferries going to The Netherlands as well apparently

Don't they go there already????
Lots of shipping registered to "land locked" Countries too alledgely tax reasons?

 

[Henarar]

P and O ferries going to The Netherlands as well apparently

don't they go there most days

 

[Cowabunga]

How can it be zero when we were not allowed to reduce it on fuel?.So look again and find what level of vat we have to apply at the bequest of the eu before you start telling people they are talking nonsense

The lowest rate is Zero. End of. We don't have to apply 5% or 20%. Both rates are flexible. It seems that you are in denial of there being a zero rate, which must mean that you have zero business experience yourself.

 

[Longlowdog]

I am pro-Brexit, however if it was more financially viable for me to move my tax paying headquarters I would. Avoiding tax by loophole means the rules are flawed not the tax payers. If the rules are sound but the rates are unattractive that is the government of the day's fault. Anyone who pays more when there is a legal, hence moral way to avoid doing so is daft. Supporting your country with tax is only okay if your country supports you.

 

[turbo]

The lowest rate is Zero. End of. We don't have to apply 5% or 20%. Both rates are flexible. It seems that you are in denial of there being a zero rate, which must mean that you have zero business experience yourself.

Only on certain products does zero apply but you know that.on most products it has to be the minimum of 17% and can only be lowered if the eu agrees so how is that being in control of your own taxation

 

[Derrick Hughes]

Nonsense. We set our own taxes including corporation tax, which is about to be reduced one percentage point, or it has already been reduced, not sure which. Ireland is lower still and has been for years.
Another attempt at demonising the EU for something that has always been under UK control. You must already know this of course, because we get regular Budgets.

We can also choose how much VAT to charge and on what goods of course.

I hope you end up with a Knighthood. Sir Cowabunaga of Ceredigion. Services to the EU

 

[Still Farming]

I am pro-Brexit, however if it was more financially viable for me to move my tax paying headquarters I would. Avoiding tax by loophole means the rules are flawed not the tax payers. If the rules are sound but the rates are unattractive that is the government of the day's fault. Anyone who pays more when there is a legal, hence moral way to avoid doing so is daft. Supporting your country with tax is only okay if your country supports you.

Nice if you can choose.
Most got to pay tax and stay here .
Just hope when you need NHS etc as you say "if your country supports you", we have to just hope so.

 

[Cowabunga]

Only on certain products does zero apply but you know that.on most products it has to be the minimum of 17% and can only be lowered if the eu agrees so how is that being in control of your own taxation

UK VAT standard rate has been 15%, then 17.5% and now 20%.
There is a lower discretionary rate of 5%
There is the possibility of being exempt of VAT.
There is a Zero rate applied to Billions of Pounds of goods sold and purchased every year.

I am amazed that any of this seems to be a mystery to some people. Why should the least bit of attention to people so ignorant that they are unaware of this? People that work in agriculture being unaware of the Zero rate is beyond comprehension. I am amazed.

The rate of Purchase Tax which preceded our entry to the EU was 25%. Combine your ignorance of this and the fact that a Zero VAT rate even existed, and that VAT was fairly recently set in the UK at 15% and I do not put much store by your opinion.