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Betfair devise offshore plan

Hardly a surprise here as Betfair draw up contingency plans to move offshore if the UK Govt doesn't change tax laws. Every other UK firm has done it in some form or another to avoid/minimise paying tax and levy, but I doubt they'd go ahead with it anytime soon.

Who'd be a politician? The economy is screwed because of the previous government and the greed of the banks, if you even attempt to introduce any measures to increase tax revenues or rein in the lavish rewards of that industry, they all threaten to head abroad, and now the gambling industry wants to pay even less tax.

Ask not what your country can do for you, but how you can screw it up even further....

Betfair considers offshore move

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