Revenue & Customs To Target Tax Avoiders

Revenue & Customs To Target Tax Avoiders

Assessment

Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What opportunity do experts believe independent retailers in the UK should seize?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific tax-related issue is highlighted regarding Starbucks and Amazon?

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