@bazzacollins No because they're already set up in Luxembourg. VAT rate would actually have to be lower to make them move!
Here's a Q I hope an economist can answer: if we lowered our VAT rate to Luxembourg levels would overall income increase from Amazon etc?
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@adagis True, but they might do it to avoid the political heat. *Might* -
@bazzacollins They haven't moved out of the Channel Islands yet, despite HMRC attention. I'd be dubious unless public opinion changed. -
@adagis No, because there's no economic incentive to move.
End of conversation
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@bazzacollins I *think* VAT charged at location of buyer, Corp Tax charged at location of company. So no, no difference in VATThanks. Twitter will use this to make your timeline better. UndoUndo
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@bazzacollins Does 2 economics modules at university qualify me to make that statement?Thanks. Twitter will use this to make your timeline better. UndoUndo
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