This is a brilliant story. It’s fun reading and the principle should be used by any other shop owner in the UK. If you’re in the UK and are a small business owner, you have to go here:

http://fairtaxtown.com/

When independent traders in a small Welsh town discovered the loopholes used by multinational giants to avoid paying UK tax, they didn’t just get mad. Now local businesses in Crickhowell are turning the tables on the likes of Google and Starbucks by employing the same accountancy practices used by the world’s biggest companies, to move their entire town “offshore”.

Source: Crickhowell: Welsh town moves ‘offshore’ to avoid tax on local business

Leave a Reply

Your email address will not be published. Required fields are marked *