Except for the companies and industries that deliberately choose not to contribute because their shareholders are the squeaky wheels.
Take Boots the Chemist for example, you would think that a well established and well known company , visible on every high street , employing thousands of people, trusted by millions would be proud of its British heritage, history and status built from their humble Nottinghamshire roots.
But in 2010 Boots the Chemist suddenly announced that they were re registering the company accounts in Switzerland, a move that left the Treasury with an estimated £100,000,000 hole in expected tax revenue that had already been planned for .
That was 13 years ago, the maths works itself out.
It is not just Boots, many other companies use the same sort of loopholes , yes of course they are answerable to their shareholders, but the irony is that that huge amount of diverted tax revenue has actually been earned from the money us UK citizens are paying into those companies. I am not an economist, but in my mind we are getting a double whammy hit , the money we have contributed to that wealth and the loss of tax revenue coming back to support our economy.