How to find out what companies pay the most tax?

4
Found 28th Nov 2017
I want to look at the biggest companies in the Uk and try to get an understanding who is the worst culprits and the better ones when it comes to paying tax and making a bigger contribution in workforce and benefits in the country,

mainly because I would rather get my stuff from them if the price is not too far off companies who can sell cheaper due to hiding assets/loop holes

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ifs.org.uk/pub…178

Income tax, National Insurance contributions (NICs) and VAT are the three largest sources of revenues. They are forecast to contribute almost two-thirds (62%) of tax receipts in 2017–18


as an aside


Income tax payments are highly concentrated In 2016–17 (the most recent year for which data are available), the top 1% of income tax payers (those with gross incomes over about £164,000) earned 12% of the pre-tax income of income tax payers and contributed 27% of income tax receipts (Figure 3). The top 10% of income tax payers (those with incomes over about £54,000) paid 59% of income tax, while the bottom half of income tax payers accounted for less than 10% of income tax receipts.


Edited by: "davewave" 28th Nov 2017

ethicalconsumer.org/boy…spx


The time is right to focus on a company whose whole business model appears to be based on not paying its fair share of tax. And an action of this kind will also be food for thought for the many other consumer-facing brands whose tax minimisation strategies have strayed into plainly unreasonable territory.

Either way, next time you’re about to click ‘buy now’ on the Amazon website, just think about the nurse that will be sacked or the school roof that won’t be fixed with the few pence you’re about to save.

We have designed a number of guides detailing alternative ethical retailers to help you in your quest to challenge the retail Goliath.



From toys,books, PC video games to film, music, DVDs and even online retailers, we've covered a range of products so

You really need to look at their public accounts.

what you are looking for is profit, then management fees, licencing fees and inter company loans. Corp tax avoidance is often done by siphoning off the profit from the uk company to an international related company. The other way is for the sale to be made by the international company based in a tax haven that just pays for a 'marketing' company in the uk.

All this sort of stuff is quite well hidden. If it was obvious it would be easy to track.

Have a look at Richard Murphy's books and blog taxresearch.org.uk/Blog/
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