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Barclays Bank Pays 1% Corporation Tax


Guest sibon

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Barclays Bank have admitted that they paid just £113m of Corporation Tax in 2009, despite making almost £12bn of profit. Link here

 

Is it time that the Government actively pursued the banks to force them to pay their way?

 

Or is it ok that they can avoid tax and still pay huge bonuses?

 

Should we be thankful that they are here at all.. after all, they could always take their 1% contribution to a country with lower taxation.

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With the next few years worth of decreases in the rate of corporation tax they will only have to pay -3%! (We would have to pay them!)

 

Some would say we already do. The banking sector as a whole is still in debt to us.

 

Perhaps we should send them a letter.

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With the usual £35 overdraft charge.

 

Remember that half the Tories funding came from the banks, so don't expect the ConDemns to lean on the banks too heavily just yet

x

 

By the looks of it Labour didn't exactly lean on the banks too heavily as well.

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By the looks of it Labour didn't exactly lean on the banks too heavily as well.

 

But Labour aren't in power any more. What can the Con Dems do about it?

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With the usual £35 overdraft charge.

 

Remember that half the Tories funding came from the banks, so don't expect the ConDemns to lean on the banks too heavily just yet

x

 

And don't forget £40 for the letter itself.

 

Is it Cameron's or Clegg's Dad who owned the bank?

 

- just clicked on your AlJazeera link, Jason, and with all the reports of clashes and uprisings on the home page, it looks like Armageddon.

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Barclays Bank have admitted that they paid just £113m of Corporation Tax in 2009, despite making almost £12bn of profit. Link here

 

Is it time that the Government actively pursued the banks to force them to pay their way?

 

Or is it ok that they can avoid tax and still pay huge bonuses?

 

Should we be thankful that they are here at all.. after all, they could always take their 1% contribution to a country with lower taxation.

 

you have just seen the government lay down and roll on to its back like a dog in total submission to the banks, that tells me the banks have more power than the government.

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