Facebook pay no Corporation Tax AGAIN
Discussion
sidicks said:
CamMoreRon said:
What I don't like is people like you who are incapable of taking that small step, and just rely on pettiness, petulance, and insults.
I think that you might like to re-read the thread and work out how(sic) is the one making the insults!CamMoreRon said:
London424 said:
Well this is good news. 
CamMoreRon said:
sidicks said:
CamMoreRon said:
What I don't like is people like you who are incapable of taking that small step, and just rely on pettiness, petulance, and insults.
I think that you might like to re-read the thread and work out how(sic) is the one making the insults!Edited by anonymous-user on Wednesday 29th October 18:58
CamMoreRon said:
Just re-read the beginning.. seems the winner is BGARK, getting his first insult in on the 2nd page, closely followed by turbobloke. Before that it was actually a good discussion.
Really? What did I say?You were the cause of this on p2 or p3 ish depending on PH page settings:
CamMoreRon said:
before we get too overpowered by the Tory Boy rabble ranting about free markets and blah blah blah
To which I said:
Before then we've already been overpowered by a demonstration of juvenile insults, almost always a sign of having nothing worthwhile or credible to say.
Tory Boy rabble
ranting
If that's the best you got, you aint got a lot to offer.
If you can find a naughty comment from me before then, and the name calling above was from your keyboard, what was it? There are only 5 posts from me that I could find before then on a quick count, and they were on-topic responses with no jive, including some replying to you. It's all there to check out. Including your prize reply to sidicks "You really are a pathetic elitist c*nt, aren't you." The answer to which is "no". Not long before you had been warned my a mod "Play nicely now or lose your posting rights on the thread" so you're the one on borrowed time around here - your tendency to make false accusations at other PHers over matters which you exemplify so well is one of the chief ironies of this thread, the other being whenever you accuse informed people of not knowing stuff. Tory Boy rabble
ranting If that's the best you got, you aint got a lot to offer.
fblm said:
CamMoreRon said:
sidicks said:
CamMoreRon said:
What I don't like is people like you who are incapable of taking that small step, and just rely on pettiness, petulance, and insults.
I think that you might like to re-read the thread and work out how(sic) is the one making the insults!
PH moves in mysterious ways.
fblm said:
That's not fair! At the very top of page two, I alluded to idiots always wanting to tax other people more. For the avoidance of any doubt I was calling you an idiot although I never expected you to actually prove it so conclusively over the next 20 pages.
He's proved your statement but not his own Edited by fblm on Wednesday 29th October 18:58
fblm said:
Rovinghawk said:
CamMoreRon said:
I just don't trust people who earn that sort of money to be honest with it.
Sounds very much like jealousy to me.I don't know our latest Troll's circumstances (I asked earlier in the thread what he did pay in taxes, but don't think he responded - which is fair enough), and as we've seen in threads on the same topic in the past, there are two very opposite sides to the argument and some folk who sit in the middle. He'll never be convinced that legally avoiding Tax is, erm 'ok'. And some of us will never be convinced that legally avoiding is wrong.
Maybe such threads should auto-lock at X pages or after X personal insults
tomw2000 said:
It's that green-eyed monster.
I don't know our latest Troll's circumstances (I asked earlier in the thread what he did pay in taxes, but don't think he responded - which is fair enough), and as we've seen in threads on the same topic in the past, there are two very opposite sides to the argument and some folk who sit in the middle. He'll never be convinced that legally avoiding Tax is, erm 'ok'. And some of us will never be convinced that legally avoiding is wrong.
Maybe such threads should auto-lock at X pages or after X personal insults
OK, let's try this again. If you make use of the personal tax free allowance you are legally avoiding tax. You are the same as Facebook. If you criticise them, you are a hypocrite. I don't know our latest Troll's circumstances (I asked earlier in the thread what he did pay in taxes, but don't think he responded - which is fair enough), and as we've seen in threads on the same topic in the past, there are two very opposite sides to the argument and some folk who sit in the middle. He'll never be convinced that legally avoiding Tax is, erm 'ok'. And some of us will never be convinced that legally avoiding is wrong.
Maybe such threads should auto-lock at X pages or after X personal insults
If you are taking cash payments which you don't declare you are unlawfully evading tax and breaking the law. Facebook is not doing this. If they are, they should be vigorously prosecuted - and probably would be.
richie99 said:
OK, let's try this again. If you make use of the personal tax free allowance you are legally avoiding tax. You are the same as Facebook. If you criticise them, you are a hypocrite.
If you are taking cash payments which you don't declare you are unlawfully evading tax and breaking the law. Facebook is not doing this. If they are, they should be vigorously prosecuted - and probably would be.
I know that, you know that.If you are taking cash payments which you don't declare you are unlawfully evading tax and breaking the law. Facebook is not doing this. If they are, they should be vigorously prosecuted - and probably would be.
Bu then some start talking about 'moral obligations' to pay more than they legally have to. etc
markh1973 said:
Whilst i don't want to prevent you correcting CamMoreRon's "facts" nowhere near £29m of the disclosed employee costs went to HMRC.
Looking at the accounts (linked to from the OP) Enployee costs broke down as follows
Wages & Salaries £22m
Social Security £3.3m
Share based costs £15.5m
If you assume 45% paid on all the wages then that comes to £9.9m and then add the £3.3m of Social Security (Employer's NI) then that is £13.2m.
Impossible from the accounts to say what the tax treatment of the share awards was for the recipients but it doesn't look like it was deducted for CT purposes.
The likely actual tax take will probably be higher due to the nature of the tax treatment Facebook use for the grant of RSUs - they granted c1.3m RSUs in 2013, which have current value of c$80/share and a rough 1yr average of $65. So 2013 grant value is $85-100m or $20-25m/year based on their RSU vesting plan.Looking at the accounts (linked to from the OP) Enployee costs broke down as follows
Wages & Salaries £22m
Social Security £3.3m
Share based costs £15.5m
If you assume 45% paid on all the wages then that comes to £9.9m and then add the £3.3m of Social Security (Employer's NI) then that is £13.2m.
Impossible from the accounts to say what the tax treatment of the share awards was for the recipients but it doesn't look like it was deducted for CT purposes.
So 'these poorly paid coding geeks' received an average (based on 200 employees) of c$500-650,000 each in comp value this year.
Although the vesting profile means (assuming it's not a stacked waterfall) c$215-240/year.
CamMoreRon said:
...my dislike of people selfish enough to try and shirk their responsibility to society...
CamMoreRon what do you think of a company that aggresively challenge HMRC in court to avoid paying UK corporation tax, who use 3 subsidiaries based in 'tax havens' to channel profits out of Europe, who manage to pay just 2.3% tax on $3bn in profits and who, according to 'Citizens for Tax Justice', as of May 2014 are holding $7.5bn untaxed offshore to avoid paying $1bn in US taxes? I don't have a problem with any of that and I certainly don't have a problem with anyone working for them but I'm sure we'd all love to know your thoughts.
OEM suspension systems engineer in Essex? Say it ain't so!
Edited by anonymous-user on Thursday 30th October 15:21
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