Amazon & Panorama

yeslek

they dont pay their fair share of Tax, same as Starbucks and various other companies,

it was all over the news for a short while at the start of the year....you MUST have heard of it


quote from an article in July;
There was criticism in the UK earlier this year when it emerged that Google, Starbucks and Amazon paid little tax despite having big UK operations. - http://www.bbc.co.uk/news/business-23371564


and even our own Martin Lewis commented on it - HERE

GlynD

yeslek wrote: »

they dont pay their fair share of Tax, same as Starbucks and various other companies,

it was all over the news for a short while at the start of the year....you MUST have heard of it


quote from an article in July;
There was criticism in the UK earlier this year when it emerged that Google, Starbucks and Amazon paid little tax despite having big UK operations. - http://www.bbc.co.uk/news/business-23371564


and even our own Martin Lewis commented on it - HERE

They paid their tax fully and completely according to current UK legislation. It isn't their fault if they are able to take advantage of legitimate loopholes which allow them to pay less. Every company and individual in the UK who has an accountant does exactly the same.

I saw a tax expert (a former high level tax inspector) advise on this on no fewer than three separate discussion programmes at the time. His opinion was stressed multiple times and it was that: if any of these companies had volunteered to pay more tax than they were scheduled to they would in effect have been providing donations to the UK economy and it doesn't work that way.

So, none of them evaded tax, they all paid their fair share according to the law. If the exchequer want to see them pay more corporation tax then the law needs to be changed to allow them to change the way they do their accountancy.

KxMx

Glyn D has a point, while I personally find it distasteful the blame here lies with the law makers not the companies.

DKLS

RFW wrote: »

It wasn't too long ago Amazon could do no wrong, how quickly things can change.
http://www.bbc.co.uk/news/business-25034598

Nothing will change I have happily placed a large order with amazon today, and from the people I spoke to don't have a problem with the amazon expose, all I saw was an awful lot of bleating from the young man.


Yes its a dull job but what did he expect he would be doing reading all the books and watching the DVDS all night.

RFW

DKLS wrote: »

Nothing will change I have happily placed a large order with amazon today, and from the people I spoke to don't have a problem with the amazon expose, all I saw was an awful lot of bleating from the young man.


Yes its a dull job but what did he expect he would be doing reading all the books and watching the DVDS all night.

I'm sure they'll have a great season and doubt that the various exposes will have a big impact. It will lose them some trade though another ill-timed story could just have a big impact. Amazon & Ebay, rightly or wrongly, are pretty unpopular with the 'old guard' of retailers and media. Newspapers haven't forgiven Ebay and the rest of the internet for taking away the classified trade.

Kite2010

Seemed similar to the working conditions inside the Co-Op distribution centre where the pickers are monitored and timed to keep on top of the targets to pick the required goods.

If you get a job in a warehouse as a picker, what do you expect?

[Deleted User]

Kite2010 wrote: »

Seemed similar to the working conditions inside the Co-Op distribution centre where the pickers are monitored and timed to keep on top of the targets to pick the required goods.

If you get a job in a warehouse as a picker, what do you expect?

Sports Direct in Shirebrook is even worse than Amazon.

Staff walk further, and are often still in the building 2 hours after finishing a shift, due to security searching everyone.

DKLS

RFW wrote: »

Amazon & Ebay, rightly or wrongly, are pretty unpopular with the 'old guard' of retailers and media. Newspapers haven't forgiven Ebay and the rest of the internet for taking away the classified trade.

One of the main reasons the 'old guard' don't like Amazon et al is because they didn't adapt their business models to disruptive technologies they sat on their laurels and did nothing and thus the old guard models are dead or dying or being successfully re-invented by a tech company.


Edit: just to add another 'old guard' company with a dead business model dying.
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/10479057/Yellow-Pages-publisher-Hibu-calls-in-administrators.html


My old MD could never understand why customers would buy our products from Amazon rather than the Companies own store by a factor of 10 that's why he is now retired, as all good dinosaurs should be.

GlynD

DKLS wrote: »

One of the main reasons the 'old guard' don't like Amazon et al is because they didn't adapt their business models to disruptive technologies they sat on their laurels and did nothing and thus the old guard models are dead or dying or being successfully re-invented by a tech company.


Edit: just to add another 'old guard' company with a dead business model dying.
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/10479057/Yellow-Pages-publisher-Hibu-calls-in-administrators.html


My old MD could never understand why customers would buy our products from Amazon rather than the Companies own store by a factor of 10 that's why he is now retired, as all good dinosaurs should be.

You speak the truth. The times have changed and many of us have adapted to those changes. Companies who don't change their business models are going to go out the window. Many already have.

Directories especially and newspapers have been badly hit because they day is over but they still cling on hoping to find a place in the world of the internet. The writing's on the wall for them however. Your example of the Yellow Pages publisher is a prime example of what I'm referring to.

Just as radio and TV killed variety the internet has killed many business off who can't or won't change.

Brooker_Dave

Big companies don't like to pay tax.

Big companies treat their staff like robots and their customers like dopes.

If these warehouses could be sited in low cost countries they would move in a flash.

Customers are blinded by cheap junk at cheap prices with pretend free shipping.

Real UK retailers are being put out of businesses, and we as a nation will be worse off, but most are too dim to realise.