BN66 - Time to fight back!!!

[normalbloke]

Exactly what I said. I'm not asking for it both ways. If its legal (which is the crux in the MP scheme) then you can't blame people for a course of action that that particular law will allow.

[ASB]

Exactly what I said. I'm not asking for it both ways. If its legal (which is the crux in the MP scheme) then you can't blame people for a course of action that that particular law will allow.

Complete cretin that I am I (again) misunderstood. Must get some new glasses.

[malvolio]

If its legal? That's not the question. It isn't legal now.

The question is, was it legal then?

HTH

[smalldog]

If its legal? That's not the question. It isn't legal now.

The question is, was it legal then?

HTH

I am presuming it must have been otherwise why would they have had to change it? If we were "breaking the law" surely this would have been a criminal investigation?

[ASB]

Or are you going to try and tell me that Dubai, IOM, Guernsey, Jersey, Berumda, Lichtenstein etc etc... dont have roads, healthcare, police forces, fire brigades and that people living there are tax avoiding scum by not having a cut of their income go to the government?

People resident in all the countires you mention - with the exception of Dubai - pay quite a lot of taxes. It is just their their governments choose to offset some of their costs of providing these service by charging - effectively - fees to other entities to exploit available systems.

Everybody still has to raise enough tax locally to cover the services - it's just a question of how.

The fact that you don't like the largesse of our welfare state is entirely justified - we spend 600bln a year on public services.

[smalldog]

People resident in all the countires you mention - with the exception of Dubai - pay quite a lot of taxes. It is just their their governments choose to offset some of their costs of providing these service by charging - effectively - fees to other entities to exploit available systems.

Everybody still has to raise enough tax locally to cover the services - it's just a question of how.

The fact that you don't like the largesse of our welfare state is entirely justified - we spend 600bln a year on public services.

I accept that it comes from somewhere of course. I'd much rather just have VAT, fuel duty etc etc...at least then you have a choice to pay it or not. Even though that was purely introduced as a temporary measure to recover the costs of WWII and never revoked, funny that!

[Lewis]

Or are you going to try and tell me that Dubai, IOM, Guernsey, Jersey, Berumda, Lichtenstein etc etc... dont have roads, healthcare, police forces, fire brigades and that people living there are tax avoiding scum by not having a cut of their income go to the government?

I don't agree with you comparison ... These places attract outside money by having lower taxes. Money they would otherwise not have! Massive amounts of tax in say Swiss cantons like Zug doesn't come from locals paying tax at all but from global organisations having operations based there purely for tax purposes (often just a plaque on a door). So the taxation of Zug residents (there aren't many) isn't actually the income generator. It's outside corporate investment paying for the roads, healthcare, police forces, fire brigades.

Although yes, these places also attract high net worth individuals who even paying low tax contribute a large amount to the local revenue. Clearly a billionaire paying only 5% tax is going to be better for a country than a £100K contractor paying 5% tax.

[normalbloke]

If its legal? That's not the question. It isn't legal now.

The question is, was it legal then?

HTH

Hallelujah! 'By George, I think she's got it'... etc etc etc..

The whole point of the argument in a nutshell. And none of us here can give a concrete answer.

[BrilloPad]

I don't agree with you comparison ... These places attract outside money by having lower taxes. Money they would otherwise not have! Massive amounts of tax in say Swiss cantons like Zug doesn't come from locals paying tax at all but from global organisations having operations based there purely for tax purposes (often just a plaque on a door). So the taxation of Zug residents (there aren't many) isn't actually the income generator. It's outside corporate investment paying for the roads, healthcare, police forces, fire brigades.

Although yes, these places also attract high net worth individuals who even paying low tax contribute a large amount to the local revenue. Clearly a billionaire paying only 5% tax is going to be better for a country than a £100K contractor paying 5% tax.

So, in a nushell, its a question of size? Because we are small growing businesses we get penalized. Nice!

Maggie knew that the secret of economic success was encouraging small enterprises and a simple tax system.

[normalbloke]

Although yes, these places also attract high net worth individuals who even paying low tax contribute a large amount to the local revenue. Clearly a billionaire paying only 5% tax is going to be better for a country than a £100K contractor paying 5% tax.

Better than 10000 contractors paying 5% tax?