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Old 22nd August 2006, 13:14   #103
malvolio
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No, that's not the relevant bit of Government thinking. What you need to worry about is 5.86 of the last PBR:
Quote:
The Government believes that all individuals and businesses must pay their fair share of NICs and tax, irrespective of legal form. It will continue to review the tax and NICs systems to ensure that this is the case and will bring forward proposals for discussion that are consistent with simplicity for compliant businesses, support for businesses in their aspirations to grow and maintaining the attractiveness of the UK as a business location.
There's that 'fair' word again. The intention is clearly that if you have income in this country, regardless of source, you pay UK levels of tax. Now that is the case right now, supposedely, so I wonder why they found it necessary to-re-emphasise this point?
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