Are The E.U. Panicking Or Just Getting Nasty ?

originally posted by: 83Liberty
WTF? Dyson hasn't relocated to another EU country! And they don't make cars either!

Do try and keep up, this isn't new news either, I think I read about it at the end of last summer, that was when James Dyson was excited about Brexit and wanted to stay in the UK...

originally posted by: SprocketUK
a reply to: djz3ro

Depends where we get it from.
Typically we sell North Sea and buy middle East...I don't know why, but unless leaving the EU makes the sea voyage more perilous there's no reason for it to take longer.

Customs checks will be more stringent so it will take longer for everyone to clear customs.

originally posted by: djz3ro
Dyson for one. Sure it's just headquarters moving (so they'll no longer pay UK tax) but they're also no longer making their cars in the UK...

Er, Dyson is pure economics. Their factories and markets are in the Far East. Dyson stated that Brexit was categorically not the reason, and that many Dyson facilities will remain in the UK.

So, that challenge I set was... Which UK businesses are relocating to the EU, as you suggested that there was a flight out if the UK. Don't include setting up, or restaffing offices in the EU to comply with EU regulations, and all that.

originally posted by: djz3ro
a reply to: 83Liberty
No, they haven't moved anything into the EU, they went farther afield.

Exactly, so why did you say Dyson when paraphi asked "So, which companies have relocated to another EU country in the last couple of years as a result of Brexit?" That was my point.

And they don't make electric cars yet, that's coming but they're no longer making them in the UK, they had planned to.

No, they didn't plan to make it in the UK, they said...

While the UK remained a “frontrunner” for the production base, we’ll choose the best place to make it and that’s where we’ll make it. We see a very large market for this car in the far east. We want to be near where our markets are and I believe the far east has reacted [to electric] more quickly than the UK or Europe

R&D and testing etc will still be in the UK.

originally posted by: djz3ro

]Do try and keep up[/url], this isn't new news either, I think I read about it at the end of last summer, that was when James Dyson was excited about Brexit and wanted to stay in the UK...

I dont think Dyson will be leaving the UK any time soon..... He owns more

land in England than the Queen.

The farming business of Sir James Dyson, the vacuum cleaner magnate who backed Brexit, turned a profit for the first time last year as it secured higher EU agricultural subsidies.

So inspite of receiving EU subsidies, which as a landowner/farmer he is entitled

to he STILL wants to leave the EU. He who has more reason than anyone on here

who might have wished to stay if only for the handouts, surely a sign of moral integrity?

He runs a number of farms and renewable energy projects in the UK with a focus on environmental sustainability.
Beeswax Dyson Farming, which comprises 35,000 acres of land throughout Lincolnshire, Oxfordshire and Gloucestershire, reached a milestone in 2017 as it generated pre-tax profit of £747,000, compared to a loss of £1.53m the year before.

2017 after Brexit?? A PROFIT If one business man can do it so can others

but it means getting of ones backside, and not waiting for handouts!!

The business recorded an 11 per cent increase in turnover to £15.7m last year, while cost of sales fell 12 per cent to £7.93m. Financial support from EU schemes totalled £2.8m, up from £2.4m the previous year, because of land purchases.

“The subsidy receipt is constant on a per hectare basis from year to year. Our move into profit is a result of the investments that we have been making in our soil health, technology and infrastructure,” the company said.

“Beeswax Dyson is a commercial farming business, and receives the subsidies that any similar business would. These subsidies, along with other voluntary action, have ensured very high levels of environmental stewardship and investment.”

For all those moaning where will we get our fruit and veg from? Beeswax farming

is first off the blocks?

An outspoken critic of Brussels, Sir James was among the few prominent figures from British business to support the Leave campaign publicly in the 2016 Brexit referendum.
The billionaire has previously defended receiving EU agricultural payments in order to compete against “heavily subsidised” European farms, while saying that the amounts were “dwarfed” by his own investments in the industry.

“Beeswax Dyson’s investment has brought new, long-term capital into UK agriculture ensuring the application of cutting-edge techniques and equipment to British farming,” said the company. These include flying drones to monitor crops and autonomous tractors.

www.ft.com...


James Dyson

a reply to: paraphi

The fact is when businesses move their head office to the EU they pay tax in the EU, not in the UK. I don't get why you think this is no big deal, we're gonna be losing tax revenue hand over fist. And Dyson was going to make their electric car here but have opted for Singapore. Dyson can say its not.about Brexit all he wants but his timing is suspicious if it isn't. I'll get some links...

a reply to: eletheia

2017 may be after the Referendum but Brexit hasn't happened yet and you know this, so why claim 2017 was after Brexit. Once he's running those farms from Singapore post brexit. He's gonn hve to pump his own money into them...

Netherlands talking to 250 businesses about leaving the UK

a reply to: ManFromEurope

as was the people who joined the common market which morphed into this dictatorship called the EU

a reply to: djz3ro

the dutch people i have met all regret joining the EU just spent my holidays with dutch friends in holland

originally posted by: djz3ro
a reply to: eletheia

2017 may be after the Referendum but Brexit hasn't happened yet and you know this, so why claim 2017 was after Brexit. Once he's running those farms from Singapore post brexit. He's gonn hve to pump his own money into them...

Short memory?? As I remember it 2016 before we voted to leave we were

told by Osborne and the Bank of England among others.....

Emergency budgets, locusts, hell fire, damnation, Heavens falling, falling

off a cliff, plagues, Hell fire and damnation!!


I'm still waiting .....while Italys officially in recession, and France and Germany ARE

on the verge.

a reply to: eletheia

Your waiting is premature and nothing that has happened yet is after Brexit

originally posted by: djz3ro
a reply to: eletheia

Your waiting is premature and nothing that has happened yet is after Brexit

NO.... We were told on a leave verdict it would happen immediately, Osborne

said he would have to do an emergency budget straight away ......where is he now?


And the EU recession ? is that premature?

originally posted by: djz3ro
The fact is when businesses move their head office to the EU they pay tax in the EU, not in the UK.

(Big) businesses (big enough to warrant a head office), pay tax?

originally posted by: djz3ro
The fact is when businesses move their head office to the EU they pay tax in the EU, not in the UK.

OK. So which UK business has moved their head office to the EU? That's the question.

Tax is supposed to be paid where the business takes place, which is why tax scam nations like Luxembourg and Ireland make such a killing, as they house corporations that trade in the EU. All the profits from Apple, Amazon et al trading in the UK goes to the Republic of Ireland or Lux. At least with Brexit we'll be able to tax business activity in the UK.

a reply to: eletheia

Not sure why it would happen immediately, not something I fell for, after all we're still getting the best deal we're gonna get it'll all come unravelling soon enough though.

originally posted by: paraphi

originally posted by: djz3ro
The fact is when businesses move their head office to the EU they pay tax in the EU, not in the UK.

OK. So which UK business has moved their head office to the EU? That's the question.

Tax is supposed to be paid where the business takes place, which is why tax scam nations like Luxembourg and Ireland make such a killing, as they house corporations that trade in the EU. All the profits from Apple, Amazon et al trading in the UK goes to the Republic of Ireland or Lux. At least with Brexit we'll be able to tax business activity in the UK.

The EU are about to implimented a law that makes sure corporations pay their fair share of tax, some say this is the reason that sopp Reese Mogg and the big mouth on campus Farage are so keen to crash out with No Deal as they both want to avoid this.

So, those moving headquarters to the EU? Panasonic are moving their European HQ, Muji, Earnest and Young, Lloyd's of London, Rex London, The Grown Up Chocolate Company, Ferroval, Odgers Berndtson, Deutsche Bank (it's moving staff, maybe up to 4,000), Barclays Bank, Diagio, Goldman Sachs, Microsoft, Smiffy's, Discovery Communications, HSBC (might move stateside) and Transferwise as well as 40% of our computer games industry could be moved to the EU.

I'm sure there are more....

Then there's also the 37 finance groups who plan on leaving and stripping £800bn from our economy but that's OK, isn't it?

originally posted by: djz3ro
The EU are about to implimented a law that makes sure corporations pay their fair share of tax,

Tax ain't an EU role, yet they have created an environment that undermines a countries ability to take tax from profits made by global corporations. Why not just stop meddling? Oh yes, because some EU countries have no industry so need the income distribution. People complain about companies not paying tax, but they often do, just not to the UK.

So, those moving headquarters to the EU?

Your list is companies moving offices to the EU, but they'll still have a UK presence. Lloyds of London will still be headquarters in London, for example, as will HSBC. Panasonic, Sony et al will still have headquarters in Japan.

It's the competition for bad news. No one bats an eyelid when (prior to Brexit) Ford moved factories, Land Rover and practically every company set up a presence where they did business, or the labour was cheap. Companies based in the EU may need to set up or strengthen offices in the UK post Brexit, so it's a bi-directional flow. You don'y hear about this because the agenda for bad news has taken over.

Do a search on business investment in the UK. You will be surprised by the flow of cash.

originally posted by: djz3ro
Then there's also the 37 finance groups who plan on leaving and stripping £800bn from our economy but that's OK, isn't it?

The magic "stripping £800 billion" is rolling into a dream for the unimaginative. What does this mean exactly? These are financial services, so it's spreadsheet money that probably has to be held in the EU because of some regulation, or another. It's not real money in the sense it does anything useful except keep an army of accountants and bankers off the streets.

a reply to: paraphi

Because Britain has been so good at getting Amazon, Google, Facebook and Co to pay the right taxes on their own? I think the EU is doing the right thing, our government just let them off with it.

The post I was replying to when I made that list was one where you asked about companies moving their HQ from the UK into the EU.

And you do hear of traffic the other way. McDonald's, for instance are mobing an HQ to London, it's just there aren't as many companies moving in as there is moving out.

It's £800bn being taken from our economy and being put in the EU economy instead, spreadsheet or not, its stil money that was in Britain that won't be much longer. You seem awfully OK with so many things that are gonna screw us over, I don't get it. I wish I had the optimism in Brexit you guys do and I am a very optimistic person...