Monkey Business

Facebook to pay 3 times as much tax, BUT 3 x Bugger All is still Sweet FA

Our Monkey Business team have been looking at FB’s announcement that Mr Z will have to pay, HMRC, Three Times as much in Tax Revenue this year, and they’ve declared ‘Shenanigans’.

Apparently FB has been saddled with a massive tax liability of absolutely bugger all, which after deductions, credits, re-calculation, appeal and an allowance for death will be reduced to f**k all. Continue reading “Facebook to pay 3 times as much tax, BUT 3 x Bugger All is still Sweet FA”

The Great Scottish Whisky Robbery – Whisky Galore 2

Over the last 15 years, sales of Scotch have boomed. This River of Gold has fuelled stunning growth in the Scottish Economy and it’s all down to one man.

Sitting in an Edinburgh Pub an Advertising Executive, called Daniel Mallen, had a very clever idea. As he watched some English golfers, sound off about their Whiskies, he noticed  they tried to out do the other with evermore superlative, and knowledgeable, descriptions of the whisky. It was fruity, smoky, oaky, cokey, fragrant, chocolatey, apparently it had a lovely nose and a long finish. Continue reading “The Great Scottish Whisky Robbery – Whisky Galore 2”

Heads to roll at Amazon after receiving a £1.7 mill tax bill

Heads are expected to roll at the UK division of Amazon after an undetected internal accounting error meant that the company has become liable for UK Corporation Tax of £1.7m.

The company, which would have beaten Apple to the crown of “first $1trn company” nine years ago if it hadn’t been for its merciless tax mitigation department, is still ranked less profitable in the UK than Toys R Us, Maplin and Aunt Emily’s Corner Shop in Devizes.

Continue reading “Heads to roll at Amazon after receiving a £1.7 mill tax bill”

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