Revenue & Customs To Target Tax Avoiders

The video discusses a corporate tax campaign led by local business owners aiming to shift consumer spending from big brands to local businesses. It highlights the challenges faced by independent shops due to corporate tax expenses and competition with online giants. The public backlash against corporate tax evasion presents an opportunity for small retailers. The video also addresses the competitive disadvantages faced by British businesses and the need for government intervention. It concludes with examples of tax evasion by major brands like Starbucks and Amazon, suggesting a chance for improved relations with the British government and public.

What is the main goal of the corporate tax campaign led by local business owners?

• To increase their profit margins

• To expand their business internationally

• To encourage customers to support local businesses

• To reduce corporation tax rates

How much of their profit do independent shops typically pay in corporation tax each year?

• 10%

• 15%

• 20%

• 25%

What opportunity do experts believe independent retailers should seize?

• Increasing their online presence

• Capitalizing on negative publicity of global retailers

• Expanding their product range

• Partnering with international brands

What challenge do local businesses face when competing with global brands like Starbucks?

• Lack of skilled workforce

• Limited marketing budget

• Unfair competitive advantage

• High production costs

What is suggested as a way to address the tax disparity between large corporations and local businesses?

• Increasing corporation tax rates

• Encouraging mergers between local and global businesses

• Reducing taxes for all businesses

• Government intervention to level the playing field