Belfast Telegraph

Sunday 21 December 2014

Tax avoiders make it harder for small firms

AS Amazon and other large multinationals continue to push the tax rulebook to the limit, are they not aware of the impact their actions could have on small businesses?

With 95% of all businesses classed as 'micro-businesses', there is little doubt that small firms are the lifeblood of our economy.

Growing these businesses would help to transform our economic position; if just a small portion of these micro-businesses took on one employee each, then unemployment figures would drop dramatically.

The danger is that a crackdown on avoidance schemes practised by multinationals will impact on all firms, large and small alike.

VINCE McLOUGHLIN

By e-mail

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting? customercare@belfasttelegraph.co.uk

Latest News

Latest Sport

Latest Showbiz