In the Kidderminster Shuttle on 28th January Mark Garnier wrote defending the Google Tax deal:
“The problem is we will never know how the deal was arrived at. Rightly so, everyone’s Tax affairs are a matter of privacy between HMRC and the individual concerned, that includes companies.”
I have a problem with this, if I don’t pay my Taxes for ten years what can I expect to happen? Well, if I’m a Private Limited company and I’m six months or more in filing my accounts with companies House then I would get a fine of £15000 and my company could be struck off the register; if the company is struck off then its cash and assets transfer to the Crown.
It’s one law for the small boys and another for the big boys.
Mark Garnier is wrong. We need to have full confidence that major companies trading in our country pay their fair share of Tax, we vote MP’s in to make sure that no one person or company is above the law and George Osborne is the person who should make sure that Tax issues are fair for us all.
It has been suggested that the tax rate Google has paid works out at about 3% a year while other companies pay 20%.
We need to know how the Google deal was made and we need to be sure that the Conservatives (and any other parties when in power) are scrutinised so we can be sure that we have confidence in the system.
We have seen the cheap sell-off of the Post Office and shares in the Banks we bailed out and now suspicious secret Tax deals.
As my MP and as a member of the Finance Committee and Treasury Committee, I would like Mark Garnier to question this deal and with MP’s from all sides make sure this is a fair deal for our Country.
I personally do not need to know about Google’s Tax affairs, but I would like a cross party committee to scrutinise this deal to put beyond all suspicion that this is the amount of Tax Google would have paid over the ten years if they had paid it like other Companies at a yearly rate.
Paul Connor - Wyre Forest CLP