WikiWirral 17yrs online 24/7 365 days a year.
Forum Statistics
Posts1,030,642
Topics75,894
Members13,829
Forums65
Posts in last 24hrs4
Most Online14,906
Nov 23rd, 2019
Who's Online Now
24 registered members (6 invisible), 1,410 guests, and236 spiders.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


Popular Topics(Views 7days)
140 morgana
New General Forums
Viagra
by GingerTom. 5th May 2021 5:21pm
Viagra
by GingerTom. 5th May 2021 5:08pm
Friday .... etc :) have a fine one !!
by GaryFromWirral. 23rd Apr 2021 4:00pm
TV programme
by casper. 13th Apr 2021 4:32pm
New Wirral History
Viking Wirral map and current map
by derekdwc. 15th May 2021 12:22pm
Ritz car park and Hardings query
by derekdwc. 5th May 2021 11:37am
24 Beehive 133 Beckwith Street 133
by mikeeb. 2nd May 2021 12:46pm
Daily Mail's battle prattle
by yoller. 1st May 2021 3:39pm
Anyone recognise these doors?
by Ken_Doerr. 1st May 2021 9:55am
Forum Tips
Photo Gallery Forums
New Brighton Artwork
Boaty McBoatface takes shape
Topic Replies
Viking Wirral map and current map
by Greenwood. 15th May 2021 10:47pm
Tip run required from Bebington
by mikeeb. 15th May 2021 9:54am
morgana
by GaryFromWirral. 11th May 2021 3:18pm
Local elections
by mikeeb. 11th May 2021 11:18am
Bultaco pursang
by BultacoAstro. 8th May 2021 1:45pm
Anyone recognise these doors?
by MissGuided. 7th May 2021 6:49pm
What song are you listening to?
by BultacoAstro. 7th May 2021 8:44am
Ritz car park and Hardings query
by joney. 6th May 2021 9:42am
Sandbrook Estate
by mikeeb. 5th May 2021 8:59am
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 ?
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: 1,768
wirral
E
Excoriator Offline OP
Forum Addict
Excoriator  Offline OP
Forum Addict
E
Joined: Jan 2010
Posts: 1,768
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: 13,912
Birkenhead
diggingdeeper Offline
Wiki Master
diggingdeeper  Offline
Wiki Master
Joined: Jul 2008
Posts: 13,912
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: 1,768
wirral
E
Excoriator Offline OP
Forum Addict
Excoriator  Offline OP
Forum Addict
E
Joined: Jan 2010
Posts: 1,768
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: 13,912
Birkenhead
diggingdeeper Offline
Wiki Master
diggingdeeper  Offline
Wiki Master
Joined: Jul 2008
Posts: 13,912
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: 13,912
Birkenhead
diggingdeeper Offline
Wiki Master
diggingdeeper  Offline
Wiki Master
Joined: Jul 2008
Posts: 13,912
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: 1,768
wirral
E
Excoriator Offline OP
Forum Addict
Excoriator  Offline OP
Forum Addict
E
Joined: Jan 2010
Posts: 1,768
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: 13,912
Birkenhead
diggingdeeper Offline
Wiki Master
diggingdeeper  Offline
Wiki Master
Joined: Jul 2008
Posts: 13,912
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: 55
Hamiltonish
M
MisterSmiff Offline
Member
MisterSmiff  Offline
Member
M
Joined: Sep 2014
Posts: 55
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
Viking Wirral map and current map
by derekdwc. 15th May 2021 12:22pm
morgana
by GaryFromWirral. 11th May 2021 3:18pm
Local elections
by mikeeb. 7th May 2021 12:24pm
Ritz car park and Hardings query
by derekdwc. 5th May 2021 11:37am
24 Beehive 133 Beckwith Street 133
by mikeeb. 2nd May 2021 12:46pm
For Sale & Free
Tip run required from Bebington
by gerrymoore. 12th May 2021 9:26am
CO2 pub gas refill needed
by gerrymoore. 4th May 2021 2:14pm
Vauxhall meriva 1.4 VXR rep
by paul110180. 2nd May 2021 11:15am
THREE SEATER SOFA..LEATHER
by lainy. 24th Apr 2021 6:52pm
Computer DVD disc drive
by GingerTom. 13th Apr 2021 5:46pm
Member Spotlight
BandyCoot
BandyCoot
Birkenhead
Posts: 5,439
Joined: December 2008
Show All Member Profiles 
Newest Members
Reno17, Idiotunchained, JamesBrain, Mxael, pseudokim
13829 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Local elections
by mikeeb. 7th May 2021 12:24pm
Super glue on glasses lens
by mikeeb. 16th Apr 2021 4:28pm
When Did Wearing Masks End
by BultacoAstro. 16th Apr 2021 9:50am
weekend break
by lincle. 15th Apr 2021 5:08pm
Clatterbridge tip
by cools. 28th Mar 2021 4:02pm
News : New Topics
India covid crisis
by cools. 29th Apr 2021 12:42pm
M53 closure
by lincle. 19th Apr 2021 10:28am
New Enthusiast Forums
morgana
by GaryFromWirral. 11th May 2021 3:18pm
SystemOfADown
by GaryFromWirral. 9th Feb 2021 3:59pm
Bultaco pursang
by Bultaco. 13th Mar 2019 12:43pm
Bidston Hill Underground Tunnels Part 2
by robbo_theman. 23rd Sep 2008 8:58pm
What song are you listening to?
by . 24th Jun 2007 10:06am
Popular Topics(Views 24hrs)
Wirral Sunrise Sunset
Sunrise Sun 5:08am
Sunset Sun 9:08pm
Local Time Sun 6:44am
Powered by UBB.threads™ PHP Forum Software 7.6.1.1