Loading Notifications...

Government contracts

This topic has been archived, and won't accept reply postings.
 Tringa 28 Jul 2020

The first five paragraphs in this link - https://inews.co.uk/news/health/government-ppe-contract-private-equity-tax-haven-494587 - made me wonder why the Government don't refuse to accept any tenders, for any contract, from offshore companies.

I can imagine the reply might be the government have to get the best value when spending public money.

However, isn't paying, for example, £50million to an offshore company instead of, £55m to a UK based company a short term view?

Using a UK based company supports businesses here, helps to keep people in jobs who might otherwise have to rely on benefit, and increases the tax revenue from the employees and the company.

I know this a simplistic view but it seems loony to engage with companies who are avoiding tax.

Dave

PS There are other odd looking contracts mentioned further down in the article.

In reply to Tringa:

> The first five paragraphs in this link - https://inews.co.uk/news/health/government-ppe-contract-private-equity-tax-haven-494587 - made me wonder why the Government don't refuse to accept any tenders, for any contract, from offshore companies

It is fairly simple:

a. Because there is a crisis and they have a huge parliamentary majority the Tories can get away with blatantly trading favours with their donors and mates,

b. The Tories' mates have offshore companies.

3

This topic has been archived, and won't accept reply postings.