{"id":997,"date":"2012-12-06T17:18:12","date_gmt":"2012-12-06T17:18:12","guid":{"rendered":"http:\/\/www.astarmathsandphysics.com\/tutor_profiles\/paul_smith\/paul_smiths_blog\/?p=997"},"modified":"2012-12-06T17:18:12","modified_gmt":"2012-12-06T17:18:12","slug":"starbucks-to-pay-tax-on-losses-in-uk","status":"publish","type":"post","link":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2012\/12\/starbucks-to-pay-tax-on-losses-in-uk\/","title":{"rendered":"Starbucks to pay tax on losses in uk"},"content":{"rendered":"

Makes perfect sense that Starbucks should pay tax on losses after years of not paying tax on any profits. The amount though – \u00a310m – seems to be a bit arbitrary, in the manner of someone walking down the street who looks for some reasonable amount to give to charity. Instead of giving money to the taxman, which they have no obligation to do, why don’t they give a discount to their customers who maybe won’t feel the need to boycott them for never having paid tax?<\/p>\n","protected":false},"excerpt":{"rendered":"

Makes perfect sense that Starbucks should pay tax on losses after years of not paying tax on any profits. The amount though – \u00a310m – seems to be a bit arbitrary, in the manner of someone walking down the street … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-997","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3Wm4j-g5","jetpack-related-posts":[{"id":1292,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2013\/03\/smiths-tax-take-increase-principle\/","url_meta":{"origin":997,"position":0},"title":"Smiths Tax Take Increase Principle","author":"taxicle","date":"March 26, 2013","format":false,"excerpt":"Why does the day on which self employed people in the UK must pay their taxes fall just after Xmas when all their money has been spent and they have spent two week earning nothing? They must be extremely tempted to say, 'no taxes to pay this year', and leave\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1832,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2014\/04\/economic-madness\/","url_meta":{"origin":997,"position":1},"title":"Economic madness","author":"taxicle","date":"April 14, 2014","format":false,"excerpt":"The goblins in Brussels have decreed that drugs and prostitution make a positive contribution to a country's economy. In a move that will make the Albanians very very angry, all centres of vice and crack houses are to be vaulted into the top tax bracket and visited by men from\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1003,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2012\/12\/starbucks-to-suffer-24-drop-in-sales\/","url_meta":{"origin":997,"position":2},"title":"Starbucks to Suffer 24% Drop in Sales","author":"taxicle","date":"December 7, 2012","format":false,"excerpt":"Noone likes them anymore apparently. Noone wants to drink their coffee anymore, work for them and their shops are to be picketed this Saturday and used as women's refuges. In addition, their staff are angry cos their sickness benefits and lunch hours are cut. Personally you may feel some sympathy\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":606,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2012\/07\/mywhole-life-is-now-just-a-set-of-accounts\/","url_meta":{"origin":997,"position":3},"title":"My Whole Life is Now Just a Set of Accounts","author":"taxicle","date":"July 7, 2012","format":false,"excerpt":"I just registered as a a private limited company, and my whole life and associated excpenses is, in part at least, tax deductible. I can't help thinking that this is exactly the sort of accounting fiction that can change liabilities without any change in lives that has got us all\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1385,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2013\/07\/stick-your-recommendations-for-a-pay-rise-says-gove-2\/","url_meta":{"origin":997,"position":4},"title":"Stick your recommendations for a pay rise says Gove","author":"taxicle","date":"July 11, 2013","format":false,"excerpt":"The education secretary Michael Gove has been frank and brutal with the body recommending MPs get an inflation busting pay rise, and told them to 'stick it'. Unfortunately he did not say where, nor will money to the amount of the rise be turned into toilet paper.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1067,"url":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/2012\/12\/new-idea-of-barclays-to-fleece-the-customers\/","url_meta":{"origin":997,"position":5},"title":"New Idea of Barclay’s to Fleece the Customers","author":"taxicle","date":"December 28, 2012","format":false,"excerpt":"I paid in \u00a3325 today over the counter to pay my AMEX bill due tomorrow. The cashier however counted only \u00a3225 and gave me a receipt for that amount. I checked and had it corrected immediately, but if I had not checked, Barclays would presumably have kept my \u00a3100, the\u2026","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/posts\/997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/comments?post=997"}],"version-history":[{"count":0,"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/posts\/997\/revisions"}],"wp:attachment":[{"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/media?parent=997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/categories?post=997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/astarmathsandphysics.com\/blog\/paulsmith\/wp-json\/wp\/v2\/tags?post=997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}