Death and taxes - but not for big business
It’s said that only the little people pay taxes. The government seem to agree. VAT went up to 20% in January. Barclays Bank paid £113m in corporation tax, which was just 2.4% of its annual profit. Boots paid just £14m last year, about 3% of its profits. Vodafone were famously let off £6 billion by George Osborne when he became chancellor. Lots of big companies pay a lower proportion of tax than those of us in work pay national insurance, let alone income tax.









