Dyson job losses

Author
Discussion

Tuna

19,930 posts

284 months

Wednesday 23rd January 2019
quotequote all
chrispmartha said:
This is my point

“The move, announced on Tuesday, means Dyson is no longer a British registered company, with Singapore now becoming its main tax base.”
You're going to have to condescend me a bit more, because your point seems to be to repeat the news that started this thread?

chrispmartha

15,441 posts

129 months

Wednesday 23rd January 2019
quotequote all
Tuna said:
chrispmartha said:
This is my point

“The move, announced on Tuesday, means Dyson is no longer a British registered company, with Singapore now becoming its main tax base.”
You're going to have to condescend me a bit more, because your point seems to be to repeat the news that started this thread?
I simply pointed out that Dyson will no longer be a registered UK company and it will pay corporation tax in Singapore, that’s it.

I’m really not sure why A. What you have against that statement and B. You seem to want to disagree with it for the sake of some kind of argument that I’m not making.

Troubleatmill

10,210 posts

159 months

Wednesday 23rd January 2019
quotequote all
chrispmartha said:
I simply pointed out that Dyson will no longer be a registered UK company and it will pay corporation tax in Singapore, that’s it.
Quite simply fella - Not true.

If Dyson has a Company registered in the UK, and he still will - it is just the HQ ( 2 people ) that is moving - Dyson UK will be paying Corporation Tax to HMRC.

You do realise that he will have at least one company in the USA paying USA taxes etc etc

Dyson will be paying tax in every country he has a business entity that requires tax to be paid

chrispmartha

15,441 posts

129 months

Wednesday 23rd January 2019
quotequote all
chrispmartha said:
Tuna said:
chrispmartha said:
He is moving his company as a legal entity to singapore
Which will affect what exactly?

.
It will effect where corporation tax is paid.
Snipped conversation which shows I was just answering your question and that’s all.

The BBC article which you said I hadn’t read seems to back me up. What do you think this is saying?

“Dyson has also said the tax reasons were not behind the move, given the difference in the countries corporate tax rates are negligible.

The UK cut its corporation tax to 19% in April 2017 , and is set to reduce it to 17% in 2020.

Singapore has a current corporate tax rate of 17%“

chrispmartha

15,441 posts

129 months

Wednesday 23rd January 2019
quotequote all
Troubleatmill said:
chrispmartha said:
I simply pointed out that Dyson will no longer be a registered UK company and it will pay corporation tax in Singapore, that’s it.
Quite simply fella - Not true.

If Dyson has a Company registered in the UK, and he still will - it is just the HQ ( 2 people ) that is moving - Dyson UK will be paying Corporation Tax to HMRC.

You do realise that he will have at least one company in the USA paying USA taxes etc etc

Dyson will be paying tax in every country he has a business entity that requires tax to be paid
So the article in the Standard is incorrect?
And the others that stated Dyson as a legal entity will be moving to Singapore?

You will notice I haven’t said Dyson will ‘only’ be paying tax in Singapore.

Tuna

19,930 posts

284 months

Wednesday 23rd January 2019
quotequote all
chrispmartha said:
You will notice I haven’t said Dyson will ‘only’ be paying tax in Singapore.
Pedantic non point of the year award goes to.... biggrin

When you actually want to say something, or draw a conclusion of your own, please raise a flag so we know.

jimKRFC

484 posts

142 months

Wednesday 23rd January 2019
quotequote all
kurt535 said:
i think its great dyson moving to asia. he's practicing what he preaches; leave means leave.

i wish pub landlord timmy from wetherspoons would join him as well
James Dyson is not moving. I suppose Wetherspoons bloke could move to Marlborough as well - it is quite nice round here.

chrispmartha

15,441 posts

129 months

Wednesday 23rd January 2019
quotequote all
Tuna said:
chrispmartha said:
You will notice I haven’t said Dyson will ‘only’ be paying tax in Singapore.
Pedantic non point of the year award goes to.... biggrin

When you actually want to say something, or draw a conclusion of your own, please raise a flag so we know.
I’ve showed the conversation where it started, it was you that seemed to want to make more of it for some reason.

Troubleatmill

10,210 posts

159 months

Wednesday 23rd January 2019
quotequote all
chrispmartha said:
So the article in the Standard is incorrect?
And the others that stated Dyson as a legal entity will be moving to Singapore?

You will notice I haven’t said Dyson will ‘only’ be paying tax in Singapore.
Dyson Singapore has been paying Corporation Tax in Singapore for a number of years now.

What is it you are actually saying?


Edit: Have a read...

https://www.bbc.co.uk/news/business-46968726


Edited by Troubleatmill on Wednesday 23 January 22:58

cardigankid

8,849 posts

212 months

Wednesday 23rd January 2019
quotequote all
Tuna - the hypocrisy is hilarious but not the way you portray it, as was stated earlier.

The problem I have with James Dyson is not that he is taking his company to Singapore, it is that he took a public position supporting Brexit which is in effect saying Britain should go it alone internationally, and now it appears he thinks that we should go it alone without him.

I can’t say that I like Dyson much. I don’t buy the genius inventor shtick. I think that he is the latest in a long line of people who have ‘invented a fantastic new vacuum cleaner’ that everyone has to have. It’s not the first time and it won’t be the last, and in the end there are more important things in the world than vacuum cleaners. The difference with Dyson is that he has spun a brand round himself while hiring bright young people to do the actual work. What is the result? A vacuum cleaner, a hand drier and yet another person who is going to develop a wonderful electric car. Let me make a prediction. The new car will never happen unless some major industrial is prepared to do it for him and stick Dyson's name on the front. Maybe that is why he is going to Singapore, and in any case Singapore is welcome to him. He is just going to let people down, like all snake oil salesmen, and the sooner it happens and we deal with it the better.

So far as Brexit is concerned, he is just one of a number of prominent people who have political friends among the Brexiteers who was persuaded to throw his weight behind the bandwagon, in return for some payback we will find out about in due course. Neither he nor they offered any rational argument for it nor stuck around to deal with the problems but they managed to get a majority.

It will not surprise anyone that I voted remain. I did so because while the EU is far from perfect it is a relatively efficient trading group centred on the most efficient industrial machine in the world, I.e. Germany. It will succeed provided and to the extent that the other members move towards the German way of doing things. Because of our EU membership we have had inward investment which would never have happened otherwise, not least in the car industry which would not exist otherwise and is now heading back in that direction. We have got access to young people from Eastern Europe who are prepared to do the jobs which our young people won’t because we have proudly sent them all to University to study graphic design or stand-up comedy and they now think manual work is beneath them. I wish some Brexiteer would stand up and offer some rational explanation of how this shambles is going to work out in our favour, without raving on about the death of democracy, a concept which is not going to mean a hell of a lot when the day comes when we have nothing to eat. How for example the Irish border is going to be sorted. Who is going to staff our hotels. Who is going to drive our car industry forward often at a loss, when the Germans have given us up as a bad job and gone home.

Who voted for this? I see no reason to blame other than a class of obtuse short sighted isolationists suffering from their remaining delusions of grandeur. The UK is now an international joke. We have a government which with its supporters, for obscure reasons probably related to personal greed has led us into utter chaos with no solutions, strategic or tactical concept of how to deal with the situation. We have a Prime Minister who is unable to achieve consensus on anything, or even govern the country. Despite having a large number of talented and creative individuals Britain is utterly lacking in the financial muscle, depth of experience, drive and discipline to succeed in world markets. We are a country with an ageing population, an aversion to hard work, a culture of selling out rather than building up, governed by an Oxbridge led class of bureaucrats who still think that they are (and are capable of) running an empire, and would stamp out any spark of inconvenient entrepreneurship which threatened their ivory tower. James Dyson is just another rat leaving the ship and the least of your concerns.




chrispmartha

15,441 posts

129 months

Wednesday 23rd January 2019
quotequote all
Troubleatmill said:
chrispmartha said:
So the article in the Standard is incorrect?
And the others that stated Dyson as a legal entity will be moving to Singapore?

You will notice I haven’t said Dyson will ‘only’ be paying tax in Singapore.
Dyson Singapore has been paying Corporation Tax in Singapore for a number of years now.

What is it you are actually saying?


Edit: Have a read...

https://www.bbc.co.uk/news/business-46968726


Edited by Troubleatmill on Wednesday 23 January 22:58
Christ not you with that article aswell, I’ve even quoted it myself further up if you read.

I am saying Dyson Ltd will no longer be registered in the UK it will be registered in Singapore, and that is it, I am not sure why you are trying to create an argument where there isn’t one, unless you are saying all the articles saying the sane over the last day or so are incorrect?

Troubleatmill

10,210 posts

159 months

Wednesday 23rd January 2019
quotequote all
chrispmartha said:
This is my point

“The move, announced on Tuesday, means Dyson is no longer a British registered company, with Singapore now becoming its main tax base.”
So... why mention the Singapore Corporation Tax?
You are just confusing the issue.

It is a sodding non story anyway.

Life is short - off to bed... smile


SeeFive

8,280 posts

233 months

Wednesday 23rd January 2019
quotequote all
cardigankid said:
Tuna - the hypocrisy is hilarious but not the way you portray it, as was stated earlier.

The problem I have with James Dyson is not that he is taking his company to Singapore, it is that he took a public position supporting Brexit which is in effect saying Britain should go it alone internationally, and now it appears he thinks that we should go it alone without him.

I can’t say that I like Dyson much. I don’t buy the genius inventor shtick. I think that he is the latest in a long line of people who have ‘invented a fantastic new vacuum cleaner’ that everyone has to have. It’s not the first time and it won’t be the last, and in the end there are more important things in the world than vacuum cleaners. The difference with Dyson is that he has spun a brand round himself while hiring bright young people to do the actual work. What is the result? A vacuum cleaner, a hand drier and yet another person who is going to develop a wonderful electric car. Let me make a prediction. The new car will never happen unless some major industrial is prepared to do it for him and stick Dyson's name on the front. Maybe that is why he is going to Singapore, and in any case Singapore is welcome to him. He is just going to let people down, like all snake oil salesmen, and the sooner it happens and we deal with it the better.

So far as Brexit is concerned, he is just one of a number of prominent people who have political friends among the Brexiteers who was persuaded to throw his weight behind the bandwagon, in return for some payback we will find out about in due course. Neither he nor they offered any rational argument for it nor stuck around to deal with the problems but they managed to get a majority.

It will not surprise anyone that I voted remain. I did so because while the EU is far from perfect it is a relatively efficient trading group centred on the most efficient industrial machine in the world, I.e. Germany. It will succeed provided and to the extent that the other members move towards the German way of doing things. Because of our EU membership we have had inward investment which would never have happened otherwise, not least in the car industry which would not exist otherwise and is now heading back in that direction. We have got access to young people from Eastern Europe who are prepared to do the jobs which our young people won’t because we have proudly sent them all to University to study graphic design or stand-up comedy and they now think manual work is beneath them. I wish some Brexiteer would stand up and offer some rational explanation of how this shambles is going to work out in our favour, without raving on about the death of democracy, a concept which is not going to mean a hell of a lot when the day comes when we have nothing to eat. How for example the Irish border is going to be sorted. Who is going to staff our hotels. Who is going to drive our car industry forward often at a loss, when the Germans have given us up as a bad job and gone home.

Who voted for this? I see no reason to blame other than a class of obtuse short sighted isolationists suffering from their remaining delusions of grandeur. The UK is now an international joke. We have a government which with its supporters, for obscure reasons probably related to personal greed has led us into utter chaos with no solutions, strategic or tactical concept of how to deal with the situation. We have a Prime Minister who is unable to achieve consensus on anything, or even govern the country. Despite having a large number of talented and creative individuals Britain is utterly lacking in the financial muscle, depth of experience, drive and discipline to succeed in world markets. We are a country with an ageing population, an aversion to hard work, a culture of selling out rather than building up, governed by an Oxbridge led class of bureaucrats who still think that they are (and are capable of) running an empire, and would stamp out any spark of inconvenient entrepreneurship which threatened their ivory tower. James Dyson is just another rat leaving the ship and the least of your concerns.
Park life.

Troubleatmill

10,210 posts

159 months

Wednesday 23rd January 2019
quotequote all
SeeFive said:
cardigankid said:
Tuna - the hypocrisy is hilarious but not the way you portray it, as was stated earlier.

The problem I have with James Dyson is not that he is taking his company to Singapore, it is that he took a public position supporting Brexit which is in effect saying Britain should go it alone internationally, and now it appears he thinks that we should go it alone without him.

I can’t say that I like Dyson much. I don’t buy the genius inventor shtick. I think that he is the latest in a long line of people who have ‘invented a fantastic new vacuum cleaner’ that everyone has to have. It’s not the first time and it won’t be the last, and in the end there are more important things in the world than vacuum cleaners. The difference with Dyson is that he has spun a brand round himself while hiring bright young people to do the actual work. What is the result? A vacuum cleaner, a hand drier and yet another person who is going to develop a wonderful electric car. Let me make a prediction. The new car will never happen unless some major industrial is prepared to do it for him and stick Dyson's name on the front. Maybe that is why he is going to Singapore, and in any case Singapore is welcome to him. He is just going to let people down, like all snake oil salesmen, and the sooner it happens and we deal with it the better.

So far as Brexit is concerned, he is just one of a number of prominent people who have political friends among the Brexiteers who was persuaded to throw his weight behind the bandwagon, in return for some payback we will find out about in due course. Neither he nor they offered any rational argument for it nor stuck around to deal with the problems but they managed to get a majority.

It will not surprise anyone that I voted remain. I did so because while the EU is far from perfect it is a relatively efficient trading group centred on the most efficient industrial machine in the world, I.e. Germany. It will succeed provided and to the extent that the other members move towards the German way of doing things. Because of our EU membership we have had inward investment which would never have happened otherwise, not least in the car industry which would not exist otherwise and is now heading back in that direction. We have got access to young people from Eastern Europe who are prepared to do the jobs which our young people won’t because we have proudly sent them all to University to study graphic design or stand-up comedy and they now think manual work is beneath them. I wish some Brexiteer would stand up and offer some rational explanation of how this shambles is going to work out in our favour, without raving on about the death of democracy, a concept which is not going to mean a hell of a lot when the day comes when we have nothing to eat. How for example the Irish border is going to be sorted. Who is going to staff our hotels. Who is going to drive our car industry forward often at a loss, when the Germans have given us up as a bad job and gone home.

Who voted for this? I see no reason to blame other than a class of obtuse short sighted isolationists suffering from their remaining delusions of grandeur. The UK is now an international joke. We have a government which with its supporters, for obscure reasons probably related to personal greed has led us into utter chaos with no solutions, strategic or tactical concept of how to deal with the situation. We have a Prime Minister who is unable to achieve consensus on anything, or even govern the country. Despite having a large number of talented and creative individuals Britain is utterly lacking in the financial muscle, depth of experience, drive and discipline to succeed in world markets. We are a country with an ageing population, an aversion to hard work, a culture of selling out rather than building up, governed by an Oxbridge led class of bureaucrats who still think that they are (and are capable of) running an empire, and would stamp out any spark of inconvenient entrepreneurship which threatened their ivory tower. James Dyson is just another rat leaving the ship and the least of your concerns.
Park life.
That deserves a clap



chrispmartha

15,441 posts

129 months

Wednesday 23rd January 2019
quotequote all
Troubleatmill said:
chrispmartha said:
This is my point

“The move, announced on Tuesday, means Dyson is no longer a British registered company, with Singapore now becoming its main tax base.”
So... why mention the Singapore Corporation Tax?
You are just confusing the issue.

It is a sodding non story anyway.

Life is short - off to bed... smile
Because Dyson Ltd will be paying its corpration tax in Singapore when it’s registered there. I’m really not sure why you guys are trying to make more of it than that.

I’m off aswell, it’s tedious

Troubleatmill

10,210 posts

159 months

Wednesday 23rd January 2019
quotequote all
chrispmartha said:
Troubleatmill said:
chrispmartha said:
This is my point

“The move, announced on Tuesday, means Dyson is no longer a British registered company, with Singapore now becoming its main tax base.”
So... why mention the Singapore Corporation Tax?
You are just confusing the issue.

It is a sodding non story anyway.

Life is short - off to bed... smile
Because Dyson Ltd will be paying its corpration tax in Singapore when it’s registered there. I’m really not sure why you guys are trying to make an argument out of that.
As I said Dyson Singapore has been paying stloads of corporation tax in Singapore for years.

It is a non story.


otis criblecoblis

1,078 posts

66 months

Thursday 24th January 2019
quotequote all
Piha said:
otis criblecoblis said:
It's gibberish to appeal to the dolt end of Remain posters on here, like you. Farage's kids have a German passport ...OMG ! Mogg opens a fund in Dublin ...OMG !
I'll be more impressed if any of you have any clue as to any significance of it and could articulate here. I doubt either of you will bother though.
So there are not any errors in Dindoits post then. I'm glad you cleared that up.

Why are you getting so excited about it then. You do understand you are not required to respond to any posts or posters you don't like, don't you?
I was more wonder what the hell it meant , hence asking the significance of any of them.
No, not required to post here, but I do enjoy asking the dolt end of Remain here some questions and to see if they have the slightest clue on what they are on about. This being a classic gibberish post that only appeals to the shallow.
Since you are keen to add your 2p worth, why don't you have ago and explain what you took from it ?

jdw100

4,103 posts

164 months

Thursday 24th January 2019
quotequote all
Troubleatmill said:
Vaud said:
J4CKO said:
Dyson is doing the clever stuff like that over here, actually making can be done anywhere that can provide a workforce who can follow the process to mold, build and QA the product.

So that can be done cheaper, and the company makes more profits but for someone so opinionated about what is good for the country, someone with so much wealth, I would have thought he could have kept manufacturing here. Is he still in complete control of the company anyway ?
Singapore is not cheaper for pretty much anything. It is a high cost, high skills economy. No one moves there to reduce the cost of manufacturing or production.
It is a highly skilled workforce
Close to suppliers/ raw materials etc - and the bulk of their market volumes.

It's a no brainer.
20 years ago in Singapore was a different story - couldn’t get locals to make a management decision to save their lives....these days a very different story; as you guys say ‘a no brainer’.

Manufacture in UK with its increasingly poor infrastructure, high cost of employment and high tax rates....or choose Singapore?




Edited by jdw100 on Thursday 24th January 04:01

zygalski

7,759 posts

145 months

Thursday 24th January 2019
quotequote all
otis criblecoblis said:
I was more wonder what the hell it meant , hence asking the significance of any of them.
No, not required to post here, but I do enjoy asking the dolt end of Remain here some questions and to see if they have the slightest clue on what they are on about. This being a classic gibberish post that only appeals to the shallow.
Since you are keen to add your 2p worth, why don't you have ago and explain what you took from it ?
Meh.
You probably think Brexit's going really well.
Good for you. Perhaps you'll follow Dyson's lead & leave the country now the damage is done?

PorkInsider

5,886 posts

141 months

Thursday 24th January 2019
quotequote all
Troubleatmill said:
SeeFive said:
Park life.
That deserves a clap
I think that pretty well sums up many Brexiteers’ response to any questioning around the sanity of what we’re heading into.

It’s treated as if it were a football match: all that matters is who won.