Cadbury: The great tax fudge –

English: Sign outside Cadbury World, Bournvill...

English: Sign outside Cadbury World, Bournville, Birmingham, England. (Photo credit: Wikipedia)

This is an excellent and STRONGLY RECOMMENDED article published in the FT. Check it out!

Cadbury: The great tax fudge –

Reading this detailed article, I must say that I was a bit surprised at the aggressive tactics being followed.

Personally, I am not sure that I know what should be done about tax avoidance; I have little confidence in David Cameron‘s assurances. Perhaps, the most worrying aspect is that if you are big enough and wealthy enough, you can avoid paying large amounts tax; it’s a different story, of course, if you are a middle-class, salaried worker, with a mortgage.

For another excellent article on the “tax avoidance”, see this hard-hitting article by Richard Murphy

Perhaps,  it is time for a far-reaching review of taxation in the UK?

Any thoughts?

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