Currently corporation tax is only paid by foreign companies on profits made in the UK but UK based companies have to pay corporation tax on their taxable profits wherever they are earned. Huge loopholes if ever I saw them. This leaves UK businesses vulnerable wherever they are and foreign brands trading here, far too comfortably off. Why should they not contribute to our system?
Other giants like Google and Amazon are also being watched but there are plenty more out there who need a little nudge in the right direction. They've even got their own festive Christmas carol tribute currently doing the rounds on Facebook:
Does it make me want to shop elsewhere? Well to be honest such is life at the moment that brand shopping is almost a no go area.. I'm a brand product company's worst nightmare. The only shops I have used out of all of these are Boots and Ebay and as the latter's charges continue to soar I've migrated to Etsy.
The recession is very much driving news headlines at the moment. Big companies seem to be getting away with blatant tax dodging when smaller businesses, entrepreneurs and the average consumer are struggling to survive. The Government pot needs topping up because vulnerable people are losing out. As far as I can see if they won't deal with it, it's down to the consumer to take matters into their own hands.
As in Starbuck's case consumers have shown they have the power to make a company rethink how it does business. If you are angry about corporation tax and shop at any of these companies, just stop going there. If everyone thought like this they'd be hard pushed to stay in business at such a vulnerable time. This is when consumer power really works.
Don't knock it. You can make a difference.
Vote with your purse.