B'Liar likes tax evoidance

[vetran]

There is a certain irony of contractors, who refuse to take inside IR35 roles, debating the morals of legal tax avoidance used by others. Contractors who presumably in the main manage their 'companies' to maximise their tax efficiency, including adding spouses to be shareholders etc.

Glass houses guys and gals

I have never taken to the national stage and proposed "fairness" in the tax system while taking Hector from behind with a huge avoidance scheme.

[d000hg]

I have never taken to the national stage and proposed "fairness" in the tax system while taking Hector from behind with a huge avoidance scheme.

You post a lot of moralistic comments here though.

[Whorty]

I have never taken to the national stage and proposed "fairness" in the tax system while taking Hector from behind with a huge avoidance scheme.

So as you only preach on here it's ok to minimise your tax payments, but it's ok to call out others (even if the others are morally bankrupt)?

It's all a bit hypocritical.

I'm all for limiting my tax legally, so have no issue with others doing the same. I mean, how many of us would ever volunteer to pay more tax than we need to?

And for the record, I never voted for Blair and can't stand the guy so I'm not defending him as an individual any more than I would defend Reese-Mogg, but they are (I assume) following the tax law so this really is just about jealousy.

[d000hg]

so this really is just about jealousy.

Not really. Blair went on record - possibly in the campaign race before he first became PM(?) - saying this exact scenario was morally repugnant and shouldn't be allowed.

So while I agree with most of your comment and that jealously certainly plays a part, there is also a large element of people genuinely perceiving it as duplicitous and hypocritical. To publicly go on record criticising a specific avoidance mechanism and then use it, and say "I followed the law" in your defence is pretty embarrassing. Especially when you were PM for quite a few years and didn't do anything about it.

It would be like someone here saying that taking earnings via dividends is morally reprehensible and then doing it anyway. Put your money where your mouth is if you want to be seen as having integrity.

[vetran]

You post a lot of moralistic comments here though.

what HMRC are fecking incompetent and shagging your mate's wife is a bad idea?

[vetran]

So as you only preach on here it's ok to minimise your tax payments, but it's ok to call out others (even if the others are morally bankrupt)?

It's all a bit hypocritical.

I'm all for limiting my tax legally, so have no issue with others doing the same. I mean, how many of us would ever volunteer to pay more tax than we need to?

And for the record, I never voted for Blair and can't stand the guy so I'm not defending him as an individual any more than I would defend Reese-Mogg, but they are (I assume) following the tax law so this really is just about jealousy.

Taking advantage of an ISA is hardly controversial. Owning property via a tax avoidance vehicle is, especially if you stood up on the hustings suggesting it was immoral.

[d000hg]

Taking advantage of an ISA is hardly controversial.

I think he's probably talking about Ltd company stuff rather than your ISA.

[vetran]

I think he's probably talking about Ltd company stuff rather than your ISA.

You mean the incompetent way HMRC tried to apply IR35? My company was closed with HMRC approval so I'm innocent.

[d000hg]

You mean the incompetent way HMRC tried to apply IR35? My company was closed with HMRC approval so I'm innocent.

And pre-IR35 you simply took all your income as a salary?

[vetran]

And pre-IR35 you simply took all your income as a salary?

no why would I? if I were a plumber I wouldn't.