He revisits a greatest hit
I couldn’t have put it better. I would have corrected the figure for tax saved. It was £285 million, and I know because I was the person who calculated it and presented the number on air for the Money Programme.
But there is more to it than that. First of all, let’s put Green’s side of this. He said “no tax was avoided because none was due”. An interesting argument from a retailer but which means I hope in future he does not mention the word ‘save’ when promoting his regular sales because there will be no saving over the original price during such events since that original price is not due during the sale and, therefore the comparison cannot be made. Which just shows how disengenuous is his argument about tax saving because it is obviously contrary to current usage of English.
Or perhaps a greatest con.
The dividend went to Lady Green. Who is not resident nor domiciled in the UK. We do not charge income tax to people who are not resident nor domiciled in the UK.
Thus no tax was avoided nor saved.