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News Report Page 2 of 27
Publication Date:- 2018-02-24
News reports located on this page = 2.

Southport awarded national Purple Flag accreditation

SOUTHPORT has been awarded Purple Flag accreditation after a lengthy campaign co-ordinated Southport Business Improvement District (BID) working in partnership with Merseyside Police, Sefton Council, Pubwatch, Light for Life, and the Street Pastors.

The Purple Flag standard, launched in 2007, is an accreditation process similar to the Green Flag award for parks and the Blue Flag for beaches. It allows members of the public to quickly identify Town and City Centres that offer an entertaining, diverse, safe and enjoyable night out.

The assessment criteria considered a number of factors including cleanliness and safety, movement and transport, the range of attractions, entertainment and events, high quality environment and evidence of strong partnership working.

Hugh Evans, Southport BID says:- "The Award recognises the hard work done by everyone involved in supporting and improving Southport's evening and night time economy. Towns and Cities achieving this status are recognised for providing a vibrant and diverse mix of dining, entertainment and culture while promoting the safety and wellbeing of visitors and local residents."

Inspector Graham Fisher, Merseyside Police, said:- "Merseyside Police are delighted that Southport has been awarded Purple Flag status. We work closely with partners to deliver a comprehensive and proactive plan for Policing the night time economy in Southport and securing Purple Flag is a great endorsement of this work."

Cllr Marion Atkinson, Sefton Council's Cabinet Member for Regeneration and Skills, said:- "Gaining the Purple Flag status is yet another feather in Southport's cap and is a great example of partnership working to make this happen. Obtaining a Purple Flag shows that Southport's night time economy offers clean and safe environments and through this we believe it will attract more visitors and businesses to our wonderful Town."

Susannah Porter, Chair of Pubwatch, said:- "The members of Southport Pubwatch are proud to have been involved in this process and are not surprised the Town was successful. All of our members run safe, well managed premises and it's great to have it recognised by the assessors for this national award."

Elizabeth Wallbank, Southport Street Pastors, said:- "Southport Street Pastors are delighted to hear the news that the application to achieve Purple Flag status for the Town Centre has been successful. This is an amazing example of many groups and organisations working together to provide a safe environment in our Town."

Greta Fenny, Light for Life, says:- "Light for life is delighted that the BID and agencies in Southport are working well together to ensure the safety and experience of visitors, residents and those with specific vulnerabilities. It's a great achievement."

There are around 70 Towns currently accredited to the standard across the UK and Ireland. The Award was formally conferred on the Town, at a ceremony, in Chester, on Thursday, 15 February 2018.


Taxing internet platforms partly by user participation may be possible, but likely to be controversial

THE Chartered Institute of Taxation (CIOT) has welcomed the Government's commitment to:- 'value creation' remaining as the basis to decide where and how much to tax multinational companies. But the CIOT cautions that the Government's push for reforms to factor in the value created by the participation of users in certain digital multinational businesses; for example by posts on social media platforms; when determining which countries those businesses' profits should be taxed in, is likely to be difficult and controversial.

The CIOT was responding to a Treasury position paper that sets out the Government's view on the challenges posed by the digital economy for the corporate tax system and its preferred solutions.

Glyn Fullelove, Chair of CIOT's Technical Committee, said:- "We welcome the commitment to stick to the existing principles of the international tax system and, in particular, the principle that a multinational group's profits should be taxed in the countries in which it undertakes its value generating activities. The UK must continue to push for multilateral action across the globe because unilateral actions by countries inevitably lead to double taxation and a significant compliance burden for businesses and, consequently, risk stifling economic growth and innovation."

The position paper says the Government will push for reforms to the international tax framework, to ensure that the value created by the participation of users in certain digital businesses is recognised in determining where those businesses' profits are subject to tax.

Conceptually, the CIOT can see the case that, in certain and limited circumstances, new value indicators may have been created by digital innovation, and user participation on platforms where it is central to the business model, could be taken into consideration when deciding how much to tax a company, but valuing user input will be very difficult and likely to result in many disputes between taxpayers and tax authorities.

The CIOT said it expects that the base erosion and profit shifting (BEPS) actions being implemented will go a long way towards mitigating the effect of mismatches and missing elements of the international tax system that some highly digitalised businesses may have been able to take advantage of.

The Institute suggests that these changes should be given time to be fully implemented and take effect throughout the international tax system before further changes are introduced, such as those being proposed by the Government around taking into account the value created by the participation of users in digitalised businesses when deciding how much to tax.

Glyn Fullelove said:- "While we understand the conceptual arguments for value being created by user participation in some circumstances, the overwhelming bulk of value creation is likely to be represented by the long term investment in the platforms themselves. This is where the vast majority of profit and taxing rights should be allocated; the attribution of profit to user participation will always be small, and once divided between all jurisdictions where users participate, it will not represent a major source of income for Governments in those territories. Given the range of different business models and the changing economy we think it will be extremely difficult if not impossible to design the rules so that they capture the intended targets without also drawing in businesses that are not intended to be effected."

The CIOT said it cannot be assumed that wherever users provide content/data that it has value and even where it has some value that is often minimal until that data is analysed. At this point, the data is likely to become a more conventional IP asset such as a brand or a client list or know how. If 'user value' is to be used as a distinct factor in profit apportionment, will it need to be disaggregated from the value it adds to, say, a trademark, name or image rights, asks the CIOT.

 
      
 
   
 
 
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