Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Peter Hargreaves: 'Why should companies have to pay tax?'

6 Comments
Peter Hargreaves: 'Why should companies have to pay tax?'

Peter Hargreaves has questioned why companies have to pay tax and said removing this charge would enhance the economy.

The Hargreaves Lansdown co-founder, who was awarded a CBE in the New Year’s honours list, told the Daily Mail: ‘I never understood why companies should pay tax. They don’t have a vote. If they didn’t have to pay tax they would come here in droves and employ millions of people who would pay loads of tax.’

He added that Hargreaves Lansdown paid the ‘highest rate of tax in comparison to turnover of any FTSE 100 company’ as it does not use offshore companies to circumvent the UK rules.   

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Sector spotlight: how Harwood's Philbin is playing emerging markets

Sector spotlight: how Harwood's Philbin is playing emerging markets

Emerging markets have been a rollercoaster for investors, but amid the doom there have been have been bright spots, such as India. 

Play JP Morgan AM's Conte: why France is my biggest overweight

JP Morgan AM's Conte: why France is my biggest overweight

The European Smaller Companies trust fund manager is also finding opportunities within the European IPO market.

Brewin's Foster: running out of value with Sandy Nairn

Brewin's Foster: running out of value with Sandy Nairn

In this week's podcast, Guy Foster and Dr Sandy Nairn discuss caution towards the stretched valuations most stock markets today currently offer.

Your Business: Cover Star Club

Profile: CHI's bond supremo on liquidity and bond risk management

Profile: CHI's bond supremo on liquidity and bond risk management

'Some people have been extremely complacent about rate rise risk. Myself, I wish they would just get on with it.'

Wealth Manager on Twitter