Belfast Telegraph

Friday 18 April 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

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