Sir Martin O’Sorrell
Once upon a time in Ireland, if you earned your living as a writer, you didn’t have to pay income tax. What a great way to encourage a creative culture, from the country that brought you Joyce, Behan, Yeats and Samuel Beckett. Now WPP is moving to Ireland to take advantage of the tax conditions.
Is the Irish government encouraging creative accounting as well? Of course it’s not so simple. WPP is a holding company with hundreds of entities serving a variety of distributed client contracts around the world. It is, on one level, a British ‘success story’.
As the Goverment launches its ‘Creative Britain’ campaign, it seems ironic that one of the major firms that capitalises on creative talent should be fleeing the country. I wonder if they’ll all fly Ryanair.