TAX - Stop Tesco tax dodge
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At a time of financial crisis in the UK, Tesco is dodging millions of pounds of tax by running part of its online shopping service from Guernsey. Please write to Tesco now, and urge them to stop using the VAT loophole immediately. Tesco Entertainment has started to sell VAT-free CDs and DVDs online from Guernsey, which makes it impossible for smaller independent retailers to compete. While thousands of businesses are still struggling after the financial crash, Tesco has recently announced record annual profits of £3.4 billion. Email Tesco now and ask them to stop avoiding tax. As reported in the Guardian, it is estimated that in 2008 £110 million was lost through Channel Islands VAT avoidance, and that this figure was rising. With high unemployment and inevitable cuts to public spending, companies such as Tesco must stop dodging tax. Email Tesco now and urge them to stop using the VAT loophole immediately. |







