BBC uncovers 'aggressive' tax avoidance scheme - BBC News BBC accusing Anderson Group of 'aggressive tax avoidance'
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Oh dear someone's in trouble..
Collapse
X
-
Oh dear someone's in trouble..
-
I'm not exactly sure what else you could call splitting a company from a single company with 300 employees into 150 separate companies each with 2 employees managed by someone else working via a different company....Originally posted by LisaContractorUmbrella View PostBBC uncovers 'aggressive' tax avoidance scheme - BBC News BBC accusing Anderson Group of 'aggressive tax avoidance'merely at clientco for the entertainment -
IndeedOriginally posted by eek View PostI'm not exactly sure what else you could call splitting a company from a single company with 300 employees into 150 separate companies each with 2 employees managed by someone else working via a different company....
Comment
-
Taking the piss?Originally posted by eek View PostI'm not exactly sure what else you could call splitting a company from a single company with 300 employees into 150 separate companies each with 2 employees managed by someone else working via a different company...."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
-
It's one of a few reasons why IMO having special rules for small companies doesn't work. Just have the same rules for big and small guys.Comment
-
I've said a couple of times and I know it just won't work but this statement alone is what they should be clamping down on. There is an underlying reason the rules were brought in so there should be some kind of legislation against going against this reason or the spirit to deter people just trying to pick holes and subvert the reason. It should be pretty clear what products are genuine and which are just avoidance vehicles and the action to deal with it should be at hand.''Let's be straight, but they set the rules, we'll build a product."
If people that create the schemes can be caught or deterred it wouldn't filter down in to use and be a problem. That thread about the company dissolving itself after passing property to associated company so avoiding all sorts of taxes. It's just a play on words etc.
Saying that I guess if someone did come up with some legislation to attach this approach someone would find a loophole
I'll wake up and be at one with reality in moment.......'CUK forum personality of 2011 - Winner - Yes really!!!!
Comment
-
It always brings a smile on my face when Margaret Hodge condemns tax avoiders playing the system when her family's business has done it in the past to avoid £millions in tax.Comment
-
Depressingly, the govt is in bed with the banks, large consultancies and the big 4 accountancy forms. Tax "evoidance" like this isn't going anywhere. It is a major British industry, and a product we export to the world.Comment
-
Not really any worse that all the one man band contractors claiming the same allowance - that is if you prescribe to the "intention of the law" rather than the rule of the law. If the intention is to encourage companies to take on new staff then all the one man band contractor ltds claiming it are doing so outside of that intention.Comment
-
I'd disagree with that.Originally posted by Dylan View PostNot really any worse that all the one man band contractors claiming the same allowance - that is if you prescribe to the "intention of the law" rather than the rule of the law. If the intention is to encourage companies to take on new staff then all the one man band contractor ltds claiming it are doing so outside of that intention.'CUK forum personality of 2011 - Winner - Yes really!!!!
Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers


Comment