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Old 3rd February 2016, 09:51 PM
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Angry Money Box Live: Is UK's business tax regime fit for purpose?

BBC Mpneybox
Quote:
Ruth Alexander and guests ask: is the UK's business tax regime fit for purpose? The row is continuing after revelations that Google has agreed with HMRC to pay just 130mn in back tax to UK PLC. MPs on the Commons Treasury Select took evidence on the subject of tax avoidance - which is legal - earlier this week to see if urgent reform is needed. We've heard in the news how big corporations move their HQ's and profits to countries with low business tax regimes. This means that individual nations collect less tax and have less to spend on essential services.Should Corporation Tax in the UK - currently at 20% - be scrapped and replaced by a sales tax or a so-called unitary tax?What are your views on the changes to Business Rates? By 2020 Local Authorities will have extra powers to levy and keep all receipts from this tax.Join Ruth Alexander and expert guests. And send us your questions on the topic. Call 03 700 100 444 - lines are open from 1pm on Wednesday. Or e mail: moneybox@bbc.co.uk.
Money Box Live: Is UK's business tax regime fit for purpose?External link to BBC
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