Sign in

Paul Monaghan

@paulmonaghan.bsky.social
497 followers 223 following 343 posts

Agitator for #Taxjustice #SocEnt #ESG & Wigan Athletic. Science loving atheist. Author #LobbyingForGood. Opinions in personal capacity

PostsRepliesMedia
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 07/10/2026
As quoted, it is absolutely unacceptable that so much revenue is generated in the UK by Alphabet / Google, but so little profit booked here. Same goes for much of Europe - with obvious exception of Ireland! www.mirror.co.uk/money/google...
mirror.co.uk
Google's accounts 'raise fresh questions' over tech giant's 'missing billions
New accounts show Google UK's revenues rose to £3.1billion last year - but campaigners say it raises questions about what happens to the rest of its taxable profits
011
Paul Monaghan @paulmonaghan.bsky.social · 07/10/2026
As quoted, it is absolutely unacceptable that so much revenue is generated in the UK by Alphabet / Google, but so little profit booked here. Same goes for much of Europe - with obvious exception of Ireland! www.mirror.co.uk/money/google...
mirror.co.uk
Google's accounts 'raise fresh questions' over tech giant's 'missing billions
New accounts show Google UK's revenues rose to £3.1billion last year - but campaigners say it raises questions about what happens to the rest of its taxable profits
011
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 04/10/2026
Amodei says economic support for the AI-displaced will be needed, and to pay for this we have to be open to increases in capital gains tax, taxes on AI companies and /or changes to corporation tax. Hopefully an adult conversation on this about to open up. abcnews.com/Business/exc...
abcnews.com
Exclusive: Anthropic CEO calls for stronger regulation of AI
In an exclusive new interview with ABC News, Dario Amodei said that AI needs to be developed with the proper guardrails to ensure it has a positive impact on the world.
012
Paul Monaghan @paulmonaghan.bsky.social · 04/10/2026
Amodei says economic support for the AI-displaced will be needed, and to pay for this we have to be open to increases in capital gains tax, taxes on AI companies and /or changes to corporation tax. Hopefully an adult conversation on this about to open up. abcnews.com/Business/exc...
abcnews.com
Exclusive: Anthropic CEO calls for stronger regulation of AI
In an exclusive new interview with ABC News, Dario Amodei said that AI needs to be developed with the proper guardrails to ensure it has a positive impact on the world.
012
Paul Monaghan @paulmonaghan.bsky.social · 04/10/2026
First w/e since spring not seen a swallow, martin, wheater or painted lady. I am forced to accept summer us over in northern england :(
000
Paul Monaghan @paulmonaghan.bsky.social · 04/10/2026
And as explained here, we are likely talking about Temu sales of $20bn across Europe in 2025! The "$171m income" in the UK is merely charges to other parts of the business. lnkd.in/p/eCgwet34
lnkd.in
Overseas business' who don't want press coverage for the annual results of their UK subsidiaries are becoming increasingly adept at making sure that they only appear live at Companies House on...
Overseas business' who don't want press coverage for the annual results of their UK subsidiaries are becoming increasingly adept at making sure that they only appear live at Companies House on a Frida...
000
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 03/10/2026
As told the FT, serious questions need to be asked as to why Temu has such a negligible tax footprint in the UK and across Europe despite its enormous sales, which we estimate were in the region of $3bn (£2.3bn) and $18bn (€15.9bn) respectively last year www.ft.com/content/b119...
ft.com
Temu’s UK sales more than double to $171mn
Chinese ecommerce company has been exploiting tax loophole that exempts small parcels from customs duty
012
Paul Monaghan @paulmonaghan.bsky.social · 03/10/2026
As told the FT, serious questions need to be asked as to why Temu has such a negligible tax footprint in the UK and across Europe despite its enormous sales, which we estimate were in the region of $3bn (£2.3bn) and $18bn (€15.9bn) respectively last year www.ft.com/content/b119...
ft.com
Temu’s UK sales more than double to $171mn
Chinese ecommerce company has been exploiting tax loophole that exempts small parcels from customs duty
012
Paul Monaghan @paulmonaghan.bsky.social · 02/10/2026
Lisa Nandy's stance on the Manchester City debacle is the way forward. Rigourous and fair implementation of rules. Beyond that, politicians stay out of it. Or you gonna be smeared in mud when City almost certainly pursued for criminal misconduct. www.manchestereveningnews.co.uk/sport/footba...
manchestereveningnews.co.uk
Fans must be protected from 'hell' says Lisa Nandy after Man City 115 verdict
"The football fans need to know that the rules are applied fairly and consistently"
000
Paul Monaghan @paulmonaghan.bsky.social · 02/10/2026
This is great, the UK has far less forest cover than most European nations. But what would be even better is more wetland restoration. Less photogenic but far more supportive of biodiversity. Moreover, trees in the wrong place can even drain wetlands. www.theguardian.com/environment/...
theguardian.com
Half a million trees to be planted in England in three years, says government
Exclusive: Environment secretary Angela Eagle to make pledge as part of efforts to protect against extreme weather
000
Paul Monaghan @paulmonaghan.bsky.social · 30/09/2026
Crazy how wildflowers still flourishing as about to enter October.
100
Paul Monaghan @paulmonaghan.bsky.social · 29/09/2026
So, we are now possibly looking at criminal conduct. Allegations of falsifying accounts; providing false statements to the company registrar; providing misleading statements to auditors. Big question as to whether the owners pass the 'fit and proper' test? www.ft.com/content/8d7f...
ft.com
Man City found to have artificially boosted finances by more than £900mn
Independent commission said Premier League football club arranged ‘sham’ commercial deals to disguise sources of funding
110
Paul Monaghan @paulmonaghan.bsky.social · 29/09/2026
No country or thier investment funds should own a football club. End of. www.theguardian.com/football/202...
theguardian.com
Scale of City’s punishment is the only story but Premier League must bear some responsibility | Barney Ronay
Manchester City have come out fighting against the guilty verdict but the Premier League faces questions of its own
111
Paul Monaghan @paulmonaghan.bsky.social · 29/09/2026
And one where it looks like the need for audits on financial internal controls will be dismantled for a number of years by Trump et al very soon.
000
Paul Monaghan @paulmonaghan.bsky.social · 28/09/2026
Insane that newly listed giants of the size of SpaceX and Anthropic would be given a free pass from audits on financial internal controls for five years If anyone is the next Enron its SpaceX! www.ft.com/content/2ef0...
ft.com
The post-Enron auditor reforms are being rolled back
Regulators plan to further limit audit requirement imposed under Sarbanes-Oxley Act
0136
Paul Monaghan @paulmonaghan.bsky.social · 27/09/2026
Sheeeeet. Badly mistimed yesterday's pennine hike. Thank flip it was a full moon :)
110
Paul Monaghan @paulmonaghan.bsky.social · 15/09/2026
Unfortunately, as proposed, the procurement clauses encouraging corporate responsible tax conduct and penalising corporate tax evasion have gone from bad to worse. Member States should push back on this ridiculous omission.
000
Paul Monaghan @paulmonaghan.bsky.social · 15/09/2026
Unfortunately, as proposed, the procurement clauses encouraging corporate responsible tax conduct and penalising corporate tax evasion have gone from bad to worse. Member States should push back on this ridiculous omission.
000
Paul Monaghan @paulmonaghan.bsky.social · 15/09/2026
Unfortunately, as proposed, the procurement clauses encouraging corporate responsible tax conduct and penalising corporate tax evasion have gone from bad to worse. Member States should push back on this ridiculous omission.
000
Paul Monaghan @paulmonaghan.bsky.social · 12/09/2026
I'm glass half full bloke. But things like this really do indicate that large portions of the UK's political class are weak-kneed and / or incapable of mastering detail. Well done every MP who stood tall for the right to choose. www.theguardian.com/society/2026...
theguardian.com
MPs vote against legalising assisted dying in England and Wales
Bill’s failure in Commons sparks anger among its supporters after Lords blocked earlier legislation
000
Paul Monaghan @paulmonaghan.bsky.social · 11/09/2026
Cracking summary of how: a) tourism taxes don't dissuade visitors; b) raise vital funds locally; c) can be designed to uplift tourism www.theguardian.com/business/202...
theguardian.com
The hospitality industry fears a tourist tax will deter visitors – the evidence says otherwise
Studies from hotspots across Europe that have introduced levies suggest they have no impact on visitor numbers
010
Paul Monaghan @paulmonaghan.bsky.social · 11/09/2026
A 5% per night tourism levy is more than fair. Visitors *should* contribute to the maintenance of local services they use when on tour. These are standard across Europe and no-one bats an eye. www.theguardian.com/business/202...
theguardian.com
Ministers face backlash from hospitality industry over ‘tourist tax’ plans
Many mayors welcome power to impose tourist tax but industry warns of ‘irreparable harm’ and job losses
011
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 03/09/2026
Delighted to say that @fairtaxfoundation.bsky.social has been shortlisted for the International Impact Award at the UK Social Enterprise Awards 2026. Win or lose, it will be great to catch up and share a drink with some truly wonderful social entrepreneurs www.socialenterprise.org.uk/uk-social-en...
socialenterprise.org.uk
011
Paul Monaghan @paulmonaghan.bsky.social · 03/09/2026
Delighted to say that @fairtaxfoundation.bsky.social has been shortlisted for the International Impact Award at the UK Social Enterprise Awards 2026. Win or lose, it will be great to catch up and share a drink with some truly wonderful social entrepreneurs www.socialenterprise.org.uk/uk-social-en...
socialenterprise.org.uk
011
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 02/09/2026
A big UK development to help curtail business rates tax avoidance based on 'box-shifting'. But there are still other scams out there: ranging from snail farms to fake places of worship. Is the answer to introduce a General Anti-Avoidance Rule (GAAR)? www.theguardian.com/business/202...
theguardian.com
The London office, the empty boxes and the £1bn tax loophole
Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme
021
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Nice win for HMRC against an Isle of Man HQed luxury property developer who argued that profits derived from the sale of property in the UK should be taxed in Isle of Man (@ 0%) not UK (@ 25%). United Kingdom Upper Tribunal told KDL / Dandara to get real iclg.com/news/hmrc-de...
iclg.com
HMRC defeats £1 billion Isle of Man property tax challenge | ICLG
The Upper Tribunal has ruled that an Isle of Man developer’s profits derived in England were taxable in the UK.
001
Paul Monaghan @paulmonaghan.bsky.social · 02/09/2026
A big UK development to help curtail business rates tax avoidance based on 'box-shifting'. But there are still other scams out there: ranging from snail farms to fake places of worship. Is the answer to introduce a General Anti-Avoidance Rule (GAAR)? www.theguardian.com/business/202...
theguardian.com
The London office, the empty boxes and the £1bn tax loophole
Exclusive: How a court case over an unoccupied office block could end a widely used tax avoidance scheme
021
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Money raised by CGTs almost doubles, to £24.2bn. CGT on crypto detailed for the first time. Accounted for £1.38bn - which says to me that there are still lots of undeclared gains out there. Men accounted for 93% of crypto gains reported to HMRC! www.ft.com/content/8173...
ft.com
HMRC reports record capital gains tax haul after Reeves’ rate rise
Data shows £24.2bn in receipts for the 2024/25 tax year, an 89% increase on previous year
001
Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Money raised by CGTs almost doubles, to £24.2bn. CGT on crypto detailed for the first time. Accounted for £1.38bn - which says to me that there are still lots of undeclared gains out there. Men accounted for 93% of crypto gains reported to HMRC! www.ft.com/content/8173...
ft.com
HMRC reports record capital gains tax haul after Reeves’ rate rise
Data shows £24.2bn in receipts for the 2024/25 tax year, an 89% increase on previous year
001
Paul Monaghan @paulmonaghan.bsky.social · 28/08/2026
Nice win for HMRC against an Isle of Man HQed luxury property developer who argued that profits derived from the sale of property in the UK should be taxed in Isle of Man (@ 0%) not UK (@ 25%). United Kingdom Upper Tribunal told KDL / Dandara to get real iclg.com/news/hmrc-de...
iclg.com
HMRC defeats £1 billion Isle of Man property tax challenge | ICLG
The Upper Tribunal has ruled that an Isle of Man developer’s profits derived in England were taxable in the UK.
001
Paul Monaghan @paulmonaghan.bsky.social · 27/08/2026
Great analysis by @nilspratley.bsky.social of Shein's cut-price listing in Hong Kong. It's business model always had tax swerving at its core (small shipments dodging the customs duty de minimis regime). But the US & EU have wised up & reacted, as will the UK soon www.theguardian.com/business/nil...
theguardian.com
The London stock market dodged a bullet with Shein | Nils Pratley
China’s fashion giant will list in Hong Kong with a shrunken price tag – and big questions over its business model
000
Paul Monaghan @paulmonaghan.bsky.social · 25/08/2026
The heather around Littleborough is looking glorious - with the meadow pipits and swallows gorging bigtime on all the gathered insects :)
000
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 24/08/2026
Have been saying it for years and will keep saying it until the situation is rectified. The scale of tax dodging out there in the UK among small business is colossal. And I don't believe that we've come close to discovering the bottom of the pit yet. www.theguardian.com/business/202...
theguardian.com
Up to £464m ‘moved through more than 3,000 UK high street shell companies’
Research shows firms are branded as beauty and convenience but apparently operate in money-laundering and terrorist financing sectors
011
Paul Monaghan @paulmonaghan.bsky.social · 24/08/2026
Have been saying it for years and will keep saying it until the situation is rectified. The scale of tax dodging out there in the UK among small business is colossal. And I don't believe that we've come close to discovering the bottom of the pit yet. www.theguardian.com/business/202...
theguardian.com
Up to £464m ‘moved through more than 3,000 UK high street shell companies’
Research shows firms are branded as beauty and convenience but apparently operate in money-laundering and terrorist financing sectors
011
Paul Monaghan @paulmonaghan.bsky.social · 24/08/2026
Absolutely insane how Apple still getting away with booking the majority of their global revenue in Ireland (very much still a tax haven). Newly implemented EU tax transparency laws mean that we can see that a crazy $213.5bn income booked there last year. www.ft.com/content/65fb...
ft.com
Apple paid $17bn in taxes to Ireland after court ruling on back levies
New filings highlight iPhone maker’s global tax liabilities
012
Paul Monaghan @paulmonaghan.bsky.social · 23/08/2026
If ya think the weather has been mad the last few years wait until see next 12mths. Make sure housing storm insurance in place and maybe don't bother chasing the sun next year if live in the UK. www.theguardian.com/environment/...
theguardian.com
Biggest El Niño for a century forecast to bring UK more autumn rain and storms
‘Unprecedented’ weather pattern over Pacific Ocean to be felt worldwide, with severe droughts expected in some areas
010
Paul Monaghan @paulmonaghan.bsky.social · 19/08/2026
It's insane that a company of the size & influence of Tether does not have to make publicly available an annual report & accounts AND is allowed to sit outside the information sharing that tax authorities across the world undertake. Disaster in the making www.icij.org/investigatio...
icij.org
Tether: a $200 billion crypto company you can’t look inside
Its USDT crypto token underpins a trillion-dollar market, but cryptocurrency giant Tether won’t answer questions about its ownership.
001
Reposted by Paul Monaghan
Paul Monaghan @paulmonaghan.bsky.social · 12/08/2026
"If we allow in-your-face tax avoidance to brazenly thrive on our high streets, then we endanger the tax morale of the entire country." My Op-ed for Comment Central on UK high-street tax avoidance commentcentral.co.uk/small-busine...
commentcentral.co.uk
Small business tax avoidance is growing – and it endangers the tax morale of the entire country
On 30 June, I gave evidence to the Treasury Select Committee on tax and duty non-compliance on high streets. The Committee was, rightly, concerned. So am I —...
131
Paul Monaghan @paulmonaghan.bsky.social · 18/08/2026
It really does feel like UK Government / HMRC are (finally) taking serious the enormous amount of tax avoidance / evasion that is widespread amongst small business: which hurts law-abiding entrepreneurs big time. They need to do even more. But good step up. www.birminghammail.co.uk/news/cost-of...
birminghammail.co.uk
HMRC confirms new crackdown 'blitz' with 30,000 already in their sights
Government’s tax arm is urging the public to snitch on firms breaking the law.
020
Paul Monaghan @paulmonaghan.bsky.social · 12/08/2026
"If we allow in-your-face tax avoidance to brazenly thrive on our high streets, then we endanger the tax morale of the entire country." My Op-ed for Comment Central on UK high-street tax avoidance commentcentral.co.uk/small-busine...
commentcentral.co.uk
Small business tax avoidance is growing – and it endangers the tax morale of the entire country
On 30 June, I gave evidence to the Treasury Select Committee on tax and duty non-compliance on high streets. The Committee was, rightly, concerned. So am I —...
131
Paul Monaghan @paulmonaghan.bsky.social · 10/08/2026
More fab work by @londoncentric.media on the ongoing insanity of corporate phoenixing across the UK. Here we have organised crime expanding their tentacles from London into Edinburgh [likely peeing themselves with laughter at how poorly policed this area is] www.londoncentric.media/p/edinburgh-...
londoncentric.media
On the trail of a London gift shop owner
Plus: "Vertical drinking" politics • Robocop comes to Greggs • Robotaxis controlled by humans • London's festivals-in-parks mess
000
Paul Monaghan @paulmonaghan.bsky.social · 10/08/2026
How the flip does it cost £85,000 to paint over a small mural?! www.theguardian.com/artanddesign...
theguardian.com
Three Banksy artworks in London have cost taxpayers nearly £150,000
Costs of security and removal efforts have reignited debate over whether work is vandalism or valuable public art
010
Paul Monaghan @paulmonaghan.bsky.social · 05/08/2026
A big 'nice one' to Ashwani Kumar, who has won an employment tribunal claim after being dismissed for his ‘refusal to work on a cash in-hand basis’ and for insisting 'on having tax and national insurance being deducted and paid to the correct authorities’ www.accountancydaily.co/papa-johns-m...
accountancydaily.co
Papa John’s manager who ‘insisted’ on paying tax wins tribunal
Former pizza takeaway manager wins employment tribunal after refusing cash in hand payments, demanding tax deductions and national insurance payments
000
Paul Monaghan @paulmonaghan.bsky.social · 05/08/2026
Hmm, the framing here is anti-social value, but the detail indicates social value criteria weighting increases from 10 to 20% & 'bidders will be able to gain extra credit for creating local jobs that pay above the legal minimum'. All of which is positive www.ft.com/content/9878...
ft.com
UK to strip back procurement rules to focus on job creation, says Louise Haigh
Andy Burnham’s de facto deputy PM says requirements for businesses vying for Whitehall contracts will be streamlined
000
Paul Monaghan @paulmonaghan.bsky.social · 04/08/2026
Microsoft's corporate income tax was the lowest in the 17yrs that we've analysed it at 10.7%. US BIG TECH PAYING SUB-TAX HAVEN LEVELS OF CORPORATE TAX GLOBALLY. Alphabet's just 11.6%, lowest in 17yrs. Facebook's 7.8%, lowest seen in 17 yrs. Amazon's 8.5% (cash tax paid basis)
050
Paul Monaghan @paulmonaghan.bsky.social · 04/08/2026
Microsoft's corporate income tax was the lowest in the 17yrs that we've analysed it at 10.7%. US BIG TECH PAYING SUB-TAX HAVEN LEVELS OF CORPORATE TAX GLOBALLY. Alphabet's just 11.6%, lowest in 17yrs. Facebook's 7.8%, lowest seen in 17 yrs. Amazon's 8.5% (cash tax paid basis)
010
Reposted by Paul Monaghan
Tax Justice Network @taxjustice.net · 03/08/2026
Join us at 1pm UK / 8am NY today for a live Q&A on our LinkedIn page with our Research Fellow Alison Schultz about our new study with @psiglobalunion.bsky.social on the #UNtaxConvention's commitment to change where we tax multinational corporations. www.linkedin.com/company/tax-...
031
Reposted by Paul Monaghan
Fair Tax Foundation @fairtaxfoundation.bsky.social · 30/07/2026
"We’re moving towards a world where transparency isn’t optional". 🔎 Read about @atlastranslations.bsky.social Director Clare Suttie's journey to the 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐌𝐚𝐫𝐤 in her 𝐅𝐚𝐢𝐫 𝐓𝐚𝐱 𝐋𝐞𝐚𝐝𝐞𝐫𝐬 article: fairtaxmark.net/atlas-transl...
fairtaxmark.net
Atlas Translations' Suttie: The Fair Tax Mark is about being open, accountable and fair - Fair Tax Foundation
In this Fair Tax Leaders, Atlas Translations Director Clare Suttie says fair tax is about consistency and aligning values
011
Reposted by Paul Monaghan
Bloomberg Tax @bloombergtax.com · 30/07/2026
Microsoft Corp. saved $4.3 billion in taxes during its most recent fiscal year by having a large chunk of its worldwide profits in Ireland, according to the company.
bit.ly
Microsoft’s Irish Profits Save Company $4.3 Billion in Taxes
Microsoft Corp. saved $4.3 billion in taxes during its most recent fiscal year by having a large chunk of its worldwide profits in Ireland, according to the company.
011
Paul Monaghan @paulmonaghan.bsky.social · 24/07/2026
Dare I say, this announcement is riddled with both ambition and practicality A warehouse tax was always daft, and never gonna hit likes of Amazon in a substantive way www.thegrocer.co.uk/news/burnham...
thegrocer.co.uk
Burnham announces 20% business rates cut for pubs and music venues
The cut will be 'fully funded' by a tax clampdown on online marketplace sellers and businesses not making a 'positive contribution' such as vape shops
000