Our Success is in our members who value our strength as a valued community.
Forum Statistics
Posts1,026,015
Topics75,444
Members13,378
Forums65
Posts in last 24hrs31
Most Online14,906
Nov 23rd, 2019
Who's Online Now
47 registered members (6 invisible), 1,781 guests, and238 spiders.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


Popular Topics(Views 7days)
186 Shearings
New General Forums
Politician
by GingerTom. 22nd May 2020 9:03am
Out of Shadows......UK
by snowhite. 17th May 2020 12:52pm
How dare you
by snowhite. 17th May 2020 12:43pm
Domino
by diggingdeeper. 15th May 2020 5:44pm
New Wirral History
Info on Granville Terrace / Wood Lane please/
by JadyW. 24th May 2020 3:02pm
Info on Granville Terrace / Wood Lane please/
by JadyW. 22nd May 2020 8:59am
Mersey crossings - bridge or tunnel?
by yoller. 20th May 2020 2:28pm
A Bidston Hill walk in history.
by Phoenix. 13th May 2020 6:35pm
Cammell Lairds
by moretonkiwi. 11th May 2020 2:17am
Forum Tips
Photo Gallery Forums
Boaty McBoatface takes shape
The gathering storm: Mersey waterfront today
Topic Replies
Girls pink bike found in Prenton
by spider. 28th May 2020 9:24am
Manned SpaceX launch
by mikeeb. 27th May 2020 9:47pm
House through time
by diggingdeeper. 27th May 2020 8:17pm
Coronavirus
by mikeeb. 27th May 2020 5:08pm
Possible TV licence scam going round
by cools. 27th May 2020 4:24pm
Info on Granville Terrace / Wood Lane please/
by bert1. 27th May 2020 1:30pm
Where in the World
by mikeeb. 27th May 2020 11:57am
Certain areas to be put in lockdown again say Gov
by mikeeb. 26th May 2020 7:29pm
Thought I was getting an ebay bargain
by diggingdeeper. 26th May 2020 7:06pm
May
M T W T F S S
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
Recent Posts : What's On ?
HMS Prince of Wales visit to Liverpool
by mikeeb. 10th May 2020 6:21pm
'Lockdown' is on Wirral
by diggingdeeper. 9th May 2020 6:58pm
Previous Topic
Next Topic
Print Topic
Rate Topic
Bye bye Panasonic #1058298
30th Aug 2018 10:03am
30th Aug 2018 10:03am
Joined: Jan 2010
Posts: 1,712
wirral
E
Excoriator Online content OP
Forum Addict
Excoriator  Online Content OP
Forum Addict
E
Joined: Jan 2010
Posts: 1,712
wirral
Panasonic is to move its HQ from the UK to Amsterdam.

https://www.bbc.co.uk/news/business-45351288

And a list of other Japanese companies are also planning to desert the sinking ship too.

Well, done you brexiteers! We don't want these foreign companies here!

Google Ads
Re: Bye bye Panasonic [Re: Excoriator] #1058307
30th Aug 2018 12:51pm
30th Aug 2018 12:51pm
Joined: Jul 2008
Posts: 1,514
Wallasey
Capt_America Offline
Forum Addict
Capt_America  Offline
Forum Addict
Joined: Jul 2008
Posts: 1,514
Wallasey
Up to 20 employees could be affected by the move from the UK to Amsterdam.


See you in cyberspace!
Re: Bye bye Panasonic [Re: Excoriator] #1058309
30th Aug 2018 4:17pm
30th Aug 2018 4:17pm
Joined: Jul 2008
Posts: 13,372
Birkenhead
diggingdeeper Offline

Wiki Master
diggingdeeper  Offline

Wiki Master
Joined: Jul 2008
Posts: 13,372
Birkenhead
So Panasonic are currently using the UK to reduce the amount of Japanese tax they have to pay and are worried that after Brexit they would pay LESS UK tax and hence more Japanese tax. This is nothing to do with Brexit, its just another company mobilising its tax bill to avoid tax.

The whole of the tax operations on the international market need to be re-hashed, its ridiculous that tax is sometimes being paid in countries where the product has never been whereas the country where it is manufactured or sold to receive next to nothing.


The further you are down the pay scale, the more 'essential' you are when the s--- hits the fan... Sue Farbysmith 2020

Insults are engendered from vulgar minds, like toadstools from a dunghill - Charles Caleb Colton

We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
Re: Bye bye Panasonic [Re: Excoriator] #1058329
31st Aug 2018 12:06am
31st Aug 2018 12:06am
Joined: Jan 2010
Posts: 1,712
wirral
E
Excoriator Online content OP
Forum Addict
Excoriator  Online Content OP
Forum Addict
E
Joined: Jan 2010
Posts: 1,712
wirral
The point is not that 20 UK employees may lose their jobs, but rather that decision making will be made in Amsterdam, not London, and Dutch sensibilities will play a part in them rather than UK ones.

Re: Bye bye Panasonic [Re: Excoriator] #1058337
31st Aug 2018 8:52am
31st Aug 2018 8:52am
Joined: Jul 2008
Posts: 13,372
Birkenhead
diggingdeeper Offline

Wiki Master
diggingdeeper  Offline

Wiki Master
Joined: Jul 2008
Posts: 13,372
Birkenhead
A headquarters with only twenty people in it doesn’t sound like a section making board.


The further you are down the pay scale, the more 'essential' you are when the s--- hits the fan... Sue Farbysmith 2020

Insults are engendered from vulgar minds, like toadstools from a dunghill - Charles Caleb Colton

We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
Re: Bye bye Panasonic [Re: diggingdeeper] #1058338
31st Aug 2018 10:10am
31st Aug 2018 10:10am
Joined: Jul 2008
Posts: 13,372
Birkenhead
diggingdeeper Offline

Wiki Master
diggingdeeper  Offline

Wiki Master
Joined: Jul 2008
Posts: 13,372
Birkenhead
Originally Posted by diggingdeeper
A headquarters with only twenty people in it doesn’t sound like a section making board.

Was supposed to be "A headquarters with only twenty people in it doesn’t sound like a decision making board"


The further you are down the pay scale, the more 'essential' you are when the s--- hits the fan... Sue Farbysmith 2020

Insults are engendered from vulgar minds, like toadstools from a dunghill - Charles Caleb Colton

We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
Re: Bye bye Panasonic [Re: Excoriator] #1058339
31st Aug 2018 10:39am
31st Aug 2018 10:39am
Joined: Jan 2010
Posts: 1,712
wirral
E
Excoriator Online content OP
Forum Addict
Excoriator  Online Content OP
Forum Addict
E
Joined: Jan 2010
Posts: 1,712
wirral
I imagine the billions of profit made by various divisions of the company across Europe will be channeled through this small outfit. This will make a significant contribution to our balance of trade. Well, it would have had they not decided to move it to Amsterdam. I guess it will be helping the Netherlands' trade figures from now on.

It is by no means the only company to find it advantageous to move with Europe's financial centre of gravity from London to somewhere in the EU. After March next year the exodus will no doubt accelerate, assuming brexit goes ahead.

Re: Bye bye Panasonic [Re: Excoriator] #1058466
3rd Sep 2018 5:23pm
3rd Sep 2018 5:23pm
Joined: Jul 2008
Posts: 13,372
Birkenhead
diggingdeeper Offline

Wiki Master
diggingdeeper  Offline

Wiki Master
Joined: Jul 2008
Posts: 13,372
Birkenhead
Its all a tax avoidance scheme, the holding company was already in the Netherlands as was their finance group. I doubt the UK saw much corporate tax paid.

Actually Panansonic UK is a branch of Panasonic GMBH where they pay about 0.1% of their revenue in tax to Germany.

Here are their full accounts

https://www.thegazette.co.uk/company/FC030039/filing-History/MzE5NDIzMTg3NGFkaXF6a2N4

Admin Note :
If you wish to follow the above link, please copy and paste into a browser. Unfortunately our forums are not understanding the link correctly.

Last edited by Mark; 3rd Sep 2018 5:56pm. Reason: Url not working

The further you are down the pay scale, the more 'essential' you are when the s--- hits the fan... Sue Farbysmith 2020

Insults are engendered from vulgar minds, like toadstools from a dunghill - Charles Caleb Colton

We don't do charity in Germany, We pay taxes. Charity is a failure of governments' responsibilities - Henning Wehn
Re: Bye bye Panasonic [Re: diggingdeeper] #1058494
4th Sep 2018 2:13pm
4th Sep 2018 2:13pm
Joined: Sep 2014
Posts: 32
Hamiltonish
M
MisterSmiff Offline
Newbeee
MisterSmiff  Offline
Newbeee
M
Joined: Sep 2014
Posts: 32
Hamiltonish
Interesting find, DD - while browsing that site, I spotted this listing for "PANASONIC BUSINESS SUPPORT EUROPE GMBH", established in the UK a mere two months ago. Make of that what you will. I smell "restructuring, but can't leave an open goal in an important market".

There will always be those who are happy to let "Brexit" be to blame for all these clandestine activities, and there will also be occasions when emerging facts show them to be little more than vultures of epicaricacy.


Moderated by  Mod 

Random Wirral Images

Click to View Topic.
Newest Topics
Girls pink bike found in Prenton
by spider. 28th May 2020 9:24am
Manned SpaceX launch
by mikeeb. 27th May 2020 3:07pm
Possible TV licence scam going round
by derekdwc. 27th May 2020 9:10am
Certain areas to be put in lockdown again say Gov
by mikeeb. 26th May 2020 7:29pm
Thought I was getting an ebay bargain
by derekdwc. 25th May 2020 5:22pm
For Sale & Free
Electric kids scooter Razor
by BultacoAstro. 25th May 2020 12:27pm
Leadership Books - £10 for lot
by cp007. 24th May 2020 12:19pm
Free Wardrobe
by Rodneypeters1. 24th May 2020 12:18pm
Rome Box Set - £5
by cp007. 24th May 2020 12:16pm
Family Guy Box Set Seasons 1-9 - £10
by cp007. 24th May 2020 12:13pm
Member Spotlight
snowhite
snowhite
Wirral
Posts: 7,068
Joined: January 2014
Show All Member Profiles 
Newest Members
chrisc145, carlcottrell, Liver96, footymadness, MikeC
13378 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Thought I was getting an ebay bargain
by derekdwc. 25th May 2020 5:22pm
Exhaust fitters
by fish5133. 12th May 2020 1:25am
air rifle set up
by tharobster. 5th May 2020 9:08pm
Mill Park Estate
by hoskersmate. 3rd May 2020 10:00pm
Best optician for eye tests
by phosphor. 2nd May 2020 11:52am
News : New Topics
Girls pink bike found in Prenton
by spider. 28th May 2020 9:24am
Manned SpaceX launch
by mikeeb. 27th May 2020 3:07pm
Possible TV licence scam going round
by derekdwc. 27th May 2020 9:10am
Certain areas to be put in lockdown again say Gov
by mikeeb. 26th May 2020 7:29pm
Found this VW badge cap
by BultacoAstro. 25th May 2020 12:10pm
New Enthusiast Forums
House through time
by cools. 20th May 2020 6:45pm
Raspberry Pi
by diggingdeeper. 19th May 2020 1:31am
Netflix
by mikeeb. 15th May 2020 11:25am
Nowhere Boy biographical drama film-John Lennon
by Longnails. 11th May 2020 4:59pm
I'll have 10 please lol
by GaryFromWirral. 10th May 2020 3:29pm
Popular Topics(Views 24hrs)
Wirral Sunrise Sunset
Sunrise Thu 4:52am
Sunset Thu 9:26pm
Local Time Thu 12:19pm
Powered by UBB.threads™ PHP Forum Software 7.6.1.1