Originally posted by MarillionFan
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Panama Papers: David Cameron to publish six years of tax returns
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Originally posted by PurpleGorilla View PostDid you read what I wrote?What happens in General, stays in General.You know what they say about assumptions!Comment
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A lot of Funds and Unit Trusts are offshore. All funds that allow CGT to be charged are listed.
https://www.gov.uk/government/public...eporting-funds
Absolutely no comparison at all with Jimmy Carr.
David Cameron invested taxed income into an offshore fund, one listed above, approved by HMRC. He taxed the income from his invested taxed income at UK tax rates.
Jimmy Carr shoved untaxed income into an offshore fund and got the proceeds tax free.
Any journalist drawing a comparison here must be "brain dead".Last edited by BlasterBates; 10 April 2016, 09:36.I'm alright JackComment
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Originally posted by BlasterBates View PostA lot of Funds and Unit Trusts are offshore. All funds that allow CGT to be charged are listed.
https://www.gov.uk/government/public...eporting-funds
Absolutely no comparison at all with Jimmy Carr.
David Cameron invested taxed income into an offshore fund, one listed above, approved by HMRC. He taxed the income from his invested taxed income at UK tax rates.
Jimmy Carr shoved untaxed income into an offshore fund and got the proceeds tax free.
Any journalist drawing a comparison here must be "brain dead".
Completely different makes, but in the eyes of the public both owned and run by rich elite arseholes.
For Cameron to say Carr is abhorrent for driving a bentley, whilst he drives a rolls, is absurd.Comment
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Originally posted by minestrone View PostHAs anyone noticed how quiet the SNP has been over this?
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Originally posted by PurpleGorilla View PostThis is a bit like the difference between an rolls and a bentley.
Completely different makes, but in the eyes of the public both owned and run by rich elite arseholes.
For Cameron to say Carr is abhorrent for driving a bentley, whilst he drives a rolls, is absurd.
Cameron earnt 130 grand say paid 40 grand in tax and invested 30 grand from the remaining 90 grand in a fund.
The fund pays him a 5% dividend which Cameron taxes at Uk tax rates. At the end of several years he gets a pay out and declares this in the UK.
The investors don't avoid any tax whatsoever. The fund itself avoids tax.
A better comparison would be buying a coffee at Starbucks. When you buy a coffee at Starbucks you don't avoid tax, but Starbucks does. It is exactly the same. Cameron avoided no tax, but the fund company did. You could compare Cameron's father to Jimmy Carr, perhaps depending on how he set up the fund, though I suspect strongly it is above board, but not Cameron.
Jimmy Carr in contrast earnt 200 grand and paid no tax at all. This is completely different.
I didn't vote for Cameron, but on this he's completely innocent and in no way a hypocrite.Last edited by BlasterBates; 10 April 2016, 10:17.I'm alright JackComment
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And do the people who go after tax care when:
“Brexit is having a wee in the middle of the room at a house party because nobody is talking to you, and then complaining about the smell.”Comment
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Originally posted by PurpleGorilla View PostDid you read what I wrote?
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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