Goodbye Cadbury
- Thread starter POB
- Start date
Not when you factor in Corporation tax, no. You can't take dividends without having the profit to cover them, and even then its only a percentage of the profit you can take.
Ergo to take dividends out of your company you need to be taking a profit, said profit will be taxed at 20%.
No, sorry.
They were awful before. Only a child could enjoy something that sugary (I know I did
)As an adult I wouldn't touch them with a 20' pole. Might as well just pour sugar into my mouth
Not sure you know how Corporation Tax law works either though tbh.
As a company director, I do.
Soldato
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- 24 Apr 2007
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They'll pay the equivalent in America. Why should they pay it again here?
They'll pay VAT on all outgoing products, that'll be a hefty bill.
They'll pay VAT on all outgoing products, that'll be a hefty bill.
Associate
- Joined
- 29 Sep 2005
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Which is actually a Cadbury product...
Corporation tax in the UK would be preferable to the US as it is lower. I imagine that they would prefer to re-locate their profits to somewhere like the Channel Islands or another place where the corporation tax is even lower or zero.
With regards to VAT - is it not the customers who pay the VAT on the product? Cadbury's don't pay the VAT on the Creme Egg, it's the person that purchases it at the supermarket who does.
Ooh, look at the snob there.
Perhaps we just want something nice to eat and don't care that it's not pretentious.
I'd rather eat a sweet chocolate style thing than "real" chocolate flavoured cardboard (or bitter stuff, which is real chocolate).
Technically, every person along the chain is paying VAT - it's just they can claim it back (normally all of it, in some cases only a percentage where it becomes a bit more complex). As you say, the final buck stops with the consumer who pays the VAT to the retailer, who then passes it along to the tax man.
I was rather pleased to see that Cadbury's sales seem to be hurting recently after all their changes and "penny pinching": http://www.telegraph.co.uk/finance/...in-Creme-Egg-sales-after-changing-recipe.html . I've actively avoided as many Cadbury products as I can since they were bought over, as I've felt quality has been declining for years - the exception are Fry's Chocolate Cream's, which is my one treet.