Richmonds urged to reach across the pond

Richmond and Twickenham Times: Helping businesses expand: Councillor Gareth Evans Helping businesses expand: Councillor Gareth Evans

Richmond Council has encouraged its businesses to reach out to its namesakes in USA.

A business workshop organised by the council and partners from the UK and USA was attended by 39 of the borough’s businesses.

Councillor Gareth Evans, council cabinet member for business, said: “It would be wonderful to see our business cross the Atlantic and expand.”

The event took place on Friday, March 28, at the American International University in Queen’s Road.

Greg Wingfield, of the American development body Greater Richmond Partnership, said: “We already have more than 150 international companies based in Richmond, Virginia, and we hope this excellent event will produce some more from our UK namesake.”

Virginia’s Richmond was named after the UK’s Richmond, because of the similarity between its James River and the Thames.

Visit richmondworldview.com for advice on starting a business in the USA.

Comments (6)

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6:37pm Mon 7 Apr 14

Twickenham Bob says...

I doubt this will do much good for the borough or the UK.

Take the most famous American company based in this borough: Ebay. They have there European Headquarters at Richmond Riverside but pay no taxin the UK.

They shamelessly use front companies in tax havens to avoid paying taxes on profit made in the UK. Meanwhile MPs like Vincent Cable talk a lot - but do nothing in practice to stop it.
I doubt this will do much good for the borough or the UK. Take the most famous American company based in this borough: Ebay. They have there European Headquarters at Richmond Riverside but pay no taxin the UK. They shamelessly use front companies in tax havens to avoid paying taxes on profit made in the UK. Meanwhile MPs like Vincent Cable talk a lot - but do nothing in practice to stop it. Twickenham Bob
  • Score: -1

8:40am Tue 8 Apr 14

kingstonpaul says...

I hate that lazy, cliched expression 'The Pond' to describe the Atlantic Ocean. It bears no relation to a soddin' 'pond'. It's one of those ghastly expressions that people use to denote a one-upmanship familiarity with something. A bit like toss*rs who still use the term 'red eye' to describe travelling overnight from the United States of America.
I hate that lazy, cliched expression 'The Pond' to describe the Atlantic Ocean. It bears no relation to a soddin' 'pond'. It's one of those ghastly expressions that people use to denote a one-upmanship familiarity with something. A bit like toss*rs who still use the term 'red eye' to describe travelling overnight from the United States of America. kingstonpaul
  • Score: -1

9:03am Tue 8 Apr 14

jeremyhm says...

Bob - just for the record, does eBay in Richmond not pay any business rates for their building? Do they subtract PAYE and NI from their employees' pay, and then pay that to the Exchequer?
Bob - just for the record, does eBay in Richmond not pay any business rates for their building? Do they subtract PAYE and NI from their employees' pay, and then pay that to the Exchequer? jeremyhm
  • Score: 1

12:00pm Tue 8 Apr 14

kingstonpaul says...

jeremyhm wrote:
Bob - just for the record, does eBay in Richmond not pay any business rates for their building? Do they subtract PAYE and NI from their employees' pay, and then pay that to the Exchequer?
Methinks you know that Mr TwickenhamBob is referring to Corporation Tax i.e. tax payable on profits.
I can't imagine that the headcount in Richmond is particularly large, so the tax-take and NI from employees is insignificant compared to the value of Corpn Tax that eBay is avoiding.
[quote][p][bold]jeremyhm[/bold] wrote: Bob - just for the record, does eBay in Richmond not pay any business rates for their building? Do they subtract PAYE and NI from their employees' pay, and then pay that to the Exchequer?[/p][/quote]Methinks you know that Mr TwickenhamBob is referring to Corporation Tax i.e. tax payable on profits. I can't imagine that the headcount in Richmond is particularly large, so the tax-take and NI from employees is insignificant compared to the value of Corpn Tax that eBay is avoiding. kingstonpaul
  • Score: 0

11:20pm Wed 9 Apr 14

Twickenham Bob says...

jeremyhm - you will soon be paying Mansion tax - as you will have to cough up what the multinational corporations refuse to do.

See the link below on how eBay on how the Telegraph believe eBay has avoided over £50 million pounds in tax in one year.

http://www.telegraph
.co.uk/finance/newsb
ysector/retailandcon
sumer/9623637/eBay-a
voids-paying-50m-tax
-in-UK.html
jeremyhm - you will soon be paying Mansion tax - as you will have to cough up what the multinational corporations refuse to do. See the link below on how eBay on how the Telegraph believe eBay has avoided over £50 million pounds in tax in one year. http://www.telegraph .co.uk/finance/newsb ysector/retailandcon sumer/9623637/eBay-a voids-paying-50m-tax -in-UK.html Twickenham Bob
  • Score: 0

6:13pm Thu 10 Apr 14

jeremyhm says...

Bob has an extraordinary breadth of knowledge - he even knows the value of my house!
Bob has an extraordinary breadth of knowledge - he even knows the value of my house! jeremyhm
  • Score: 1

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