Arcadia group owner Sir Philip Green says he has been forced to close around 260 of the fiscal loop holes that he uses to avoid paying his fair share of tax here in the UK
Sir Philip claims that difficult conditions on the high street over the past 12 months means he no longer needs to syphon off huge amounts of taxable revenue into his wife’s overseas bank accounts, leaving him instead to concentrate his entire tax avoidance strategy around just a handful of the less identifiable loop holes made available to him.
The retail tycoon, speaking from his yacht in Monaco added that he was finding it increasingly difficult to justify his lavish, opulent lifestyle while acting as advisor to the Government on austerity measures and spending cuts and the advisory role would simply have to go.
Sir Philip agreed that because of the current economic downturn devastating the high street it was inevitable something had to give...but added under no circumstances was it ever going to be him.
Rumours that Sir Philip is a fat, greedy bastard who deserves to take a good kicking from every decent law abiding tax payer in the country have been doing the rounds for several years now.
But accountants acting on behalf of the slimy obnoxious slug insist that apart from being a fat, greedy slimy obnoxious slug of questionable parentage - in the eyes of the law - their client has done nothing wrong and will continue to shaft those hard working customers still struggling to make his tax avoidance a necessary luxury.
Sir Philip is 64 (stone)
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Arcadia to close more loop holes
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Rich Liszt
offlineMemberPosted 1 year ago # -
I like this, it gets properly angry towards the end too. Which is nice.
Posted 1 year ago #
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