Monday 11 April 2011

Philip Green: Daylight Robbery

Leaflet text from last Saturday's Dorothy Perkins/Burton blockade:

"We are here to take action against Philip green. Sir Philip Green is a multi-billionaire businessman who runs a retail empire which inludes BHS, Topshop, Topman, Burton, Dorothy Perkins and Miss Selfridge. He is also Britain's most notorious serial tax dodger.

Philip Green does not actually own any of the Arcadia Group that he spends every day running. Instead, it is in the name of his wife who lives in Monaco, where she pays not a penny of income tax. In 2005, this arrangement allowed Sir Philip to dodge a £300m tax bill when he awarded himself the biggest corporate paycheck in British history.

And yet despite this slap in the face to the British public, David Cameron has recently appointed Sir Philip to advise the government on how best to slash public spending.

Each year extremely wealthy individuals and big business avoid around £25 billion of tax and the government are barely lifting a finger to stop it. In fact, they have made tax dodgin easier by cutting funding to HM Revenue and Customs by a quarter, making them toothless in the face of corporate tax avoiders.

The rich are getting away without paying their fair share whilst the poor, the unemployed, the disabled, thnic minorities and poorly paid public service workers face the brunt of these cuts. The cuts are not fair, we're not 'all in this together' and there are alternatives.

Here's one alternative to the savage cuts: force the richest to pay the tax that they owe us, starting with Philip Green's missing millions.

Join our fight:

www.ukuncut.org"

The joy of tax:

Arcadia Group own 2,500 outlets in the UK.

Divided equally among all the outlets, the tax avoidance of 285mil amounts to £114,000 per outlet.

In Bath, Arcadia Group owns seven businesses, meaning the tax avoidance from the Bath branches is £798,000.

Things in Bath that money could protect:

  • Youth counselling service £60,000
  • Charity for victims of domestic violence £8,700
  • Mentoring charity for young people cut by 10%
  • Youth services £345,000
  • Homelessness charity cut by 30%

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