If your clients pay all the tax that is due on their income, why does the scheme have to hide in the IoM?
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Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k. -
And how can you possibly justify not paying tax because of the benefits culture?Comment
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I wasn't aware we were hiding anywhere, i'm not doing a very good job of hiding by being on here then I guessOriginally posted by Fred Bloggs View PostComment
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I take it you work through an umbrella then and not a ltd co so that you pay full tax and NI on everything you earn ? If you don't what exactly is the difference ? Individuals have a obligation to pay the tax that is due nothing more. If we follow your argument to its logical conclusion we should all just work for the state and see if we can prove Orwell wrong.Originally posted by Just1morethen View PostComment
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Some random thoughts.
I'm sure most people think tax avoidance is wrong. However, the vast majority are on PAYE and don't have an option. I wonder how many would do it if they could?
Where I live, cash in hand is still a welcome method of payment.
Speeding is wrong but many people do it even though it kills. Do they do it because they think it's acceptable or because they can get away with it?
It's hard to resist the selfish gene.Comment
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I'm an accountant but, yes, my clients operate through a structure whereby they earn and pay tax in the UK. Often its only 20% of their income but that's world away from paying ZERO tax. And you yourself are aware of the risks, otherwise the Disclaimer on your website wouldn't be there.Originally posted by geoff from contracta IOM View PostComment
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I think many people would take the risk to be paid any way other than through PAYE if HMR&C didn't keep moving the goal posts and if a fight with them wasn't so expensive. We have all seen from the BN66 thread that these things go on for years and years and wreck the lives of everyone concerned. As I understand it legal fees cannot be reclaimed even if you win your case and, if you lose, you then face a huge bill for tax plus interest and possibly plus penalties. I think all of us on here would feel happier if legislation that was handed down was completely clear and that the cases HMR&C chose to fight were based on existing case law rather than their own opinions. Unfortunately, the Exchequer is so desperately short of funds measures taken to stop avoidance (which as far as I know is still actually legal) are becoming more and more extreme. Just MHO (and sorry going a bit DM) but I think the main result of all this will be mass emigration.Originally posted by DonkeyRhubarb View PostComment
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A good balanced post Lisa.....and yes, I am already looking at various options to emigrate.Originally posted by LisaContractorUmbrella View PostComment
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Well said Lisa, I think we would all agree that HMRC need to get their house in order and restore the "connection " to taxpayersOriginally posted by LisaContractorUmbrella View PostComment
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