Some interesting data about large multinationals and the amount of tax they have paid in the UK, compared to their turnover.
If we look at tax as a % of 2011 turnover, we see many paying a small percent.
Source: Guardian data via Duedil
Some interesting data about large multinationals and the amount of tax they have paid in the UK, compared to their turnover.
If we look at tax as a % of 2011 turnover, we see many paying a small percent.
Source: Guardian data via Duedil
Benefit fraud and tax avoidance are currently emotive topics. What is the extent of benefit fraud and tax fraud in the UK?
More specifically
The public have an increasingly negative opinion to benefit claimants. A study suggested that 1 in 5 people believe a majority of claims are false, while 14% believe a majority of claims are fraudulent. Benefits stigma
“In 2010 an estimated £16 billion in benefits and tax credits were unclaimed. (charities claim £16bn a year unclaimed at Telegraph)
For example, the Dept for work and pension estimate:
Pension Credit: The number of pensioners that were estimated to be entitled but not claiming Pension Credit was between 1.21 million and 1.58 million. The total amount of Pension Credit unclaimed was between £1.94 billion and £2.80 billion. (DWP)