lockdowns are facing an “excessive profits tax” under plans reportedly being considered by the government., the No 10 policy unit is working on proposals for a one-off windfall tax that would impact major businesses that have seen above average profits during the pandemic amid a surge in online deliveries.think-tank, which suggested a “pandemic profit levy” of 10 per cent on unexpected gains made by companies during the crisis while other companies have been unable to trade.
LOLS, as if.
Suuuuuuuure they are
All those PPE and other handouts from the government should be taxed first
As long as the Queen doesn't have an interest in them. Can't hurt her interests.
This would be entirely reasonable....
Can be smart and idiot congratulations situations
So they’re taxing their party donors then? This won’t go down well at HQ
Will this include the ones that had the favoured PPE contracts?
Anyone still got a copy of the Panama papers?
This is not news. 'Considering' means leaked to appease people but nothing will happen. Do you really think they will will be looking to tax the Tory donors whom they handed out lucrative contracts to? Or maybe it's limited to those who weren't Tory donors.
They've literally contracted out everything in this pandemic to their donors and cronies
Ah, so that will be all of Johnson‘s friends then, quite rightly returning their corrupt gains.
Still wont make any kind of hole in the profits they made though. If they weren't being taken to court they would have brushed this under the carpet!!
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Socialism
‘Considering’ in government speak means ‘no chance’ ...
HMRC need to up their game and Parliament needs to pass urgent legislation to remove tax avoidance loopholes Companies and individuals using them need formal investigation It’s time the correct % of tax was collected from the wealthy companies & individuals who seek to avoid it
Joke. When have they ever taken on big business. They’ll enjoy their directorships though.
Ha!
Great news hopefully not resulting in those registered offshore paying pro-rata less, and taxation applied with speed HMRC act once they assess A PAYE individual has underpaid.
Years ago there used to be a profiteering ombudsman who would clamp down on the greed but greed has become a way of life for many, the more money they make the less compassion people have and lose their morals.whats wrong with making an honest days wage for an honest day's work?.
...and accountants will get creative reducing operating margins, profits and tax exposure.
Start with SERCO!
Conservatives scum donors will be exempt obviously. ToryCorruption ToryKleptocracy
What about “ our Heroes “ as Nancy called them? The fee Businesses that provided services that people still needed are going to be punished? Will the tax the hell out of Amazon as well? How about the Banks? Or just companies that don’t like swamp muck?
Long long overdue!
Bet none of their friends are included
What about getting money back from the track and trace apps dodgers
Government ‘considering excess profits tax’...on contracts given to Tory donors?
The ones that they gave grants to for ppe?