Tax Avoidance vs. Tax Efficiency

[milanbenes]

'So, if two self employed people both make x amount and one declares all their income and the other doesn't. The latter is 'not paying their fair share.' Seems clear enough to me.'


then you are naive

Milan.

[Gonzo]

Not paying your fair share is very clear. It actually means that you should pay more than you are actually paying. So, if two self employed people both make x amount and one declares all their income and the other doesn't. The latter is 'not paying their fair share.' Seems clear enough to me.

It's how this term applies that is muddied, particularly with IR35 issues. It's not the terminology itself that is wrong or socialist or other bollocks you keep spouting off to justify feeding your greedy little heart and, no doubt, the fuel tank in your Porsche.

I think that is a bit harsh Denny. Malvolio has never suggested that tax evasion (which is illegal) is right or anyone should attempt it.

What I object to is that this government is constantly going on about "fairness" by which they mean that the better off should be paying more, not just absolutely but proportionately more, and that is socialist.

[malvolio]

Not paying your fair share is very clear. It actually means that you should pay more than you are actually paying. So, if two self employed people both make x amount and one declares all their income and the other doesn't. The latter is 'not paying their fair share.' Seems clear enough to me.

No, not declaring all your income is illegal tax evasion and you go to jail. Paying different amounts of tax on the same income by using the existing rules simply means that whoever pays more tax is paying too much. There is no such thing as a Fair Share

[Denny]

be paying more, not just absolutely but proportionately more, and that is socialist.

Rubbish. Socialism doesn't even recognise money as a legitimate currency.

I wish people would stop misuing the word 'socialist.'

[threaded]

Not paying your fair share is very clear. It actually means that you should pay more than you are actually paying. So, if two self employed people both make x amount and one declares all their income and the other doesn't. The latter is 'not paying their fair share.' Seems clear enough to me.

What utter bollox. Just goes to show how much the issue is confused. Someone who does not declare their full income is a tax evader!

[Rantor]

Not paying your fair share is very clear. It actually means that you should pay more than you are actually paying. So, if two self employed people both make x amount and one declares all their income and the other doesn't. The latter is 'not paying their fair share.' Seems clear enough to me.

There are a lot of people who went along with IR35 et al as they deemed it too risky/too much effort to challenge whether they would fall within the scope of these regs - lots and lots of people did this.

Does that mean that those that decided not to play ball with IR35 and consequently paid less tax are not paying their fair share?

[wendigo100]

No, not declaring all your income is illegal tax evasion and you go to jail. Paying different amounts of tax on the same income by using the existing rules simply means that whoever pays more tax is paying too much. There is no such thing as a Fair Share

Hear hear.

"Fair share" is, as I said before, a concept for the woolly-headed.

[Gonzo]

Rubbish. Socialism doesn't even recognise money as a legitimate currency.

I wish people would stop misuing the word 'socialist.'

Socialism can legitimately be used to describe a broad array of ideas, all left-wing, but that definately includes '"New" Labour'. I don't think that it is limited only to what Marx wrote.

[Rantor]

No, not declaring all your income is illegal tax evasion and you go to jail. Paying different amounts of tax on the same income by using the existing rules simply means that whoever pays more tax is paying too much. There is no such thing as a Fair Share

As an aside, everyone on this site is always at great pains to highlight that tax evasion is illegal, very naughty and absolutley not the type of thing any right-thinking small-business would indulge in. Nope, never.

It is however, perforectly ok to regularly call for the execution or assisanation of our democratically elected representatives?

Does this mean that HMRC monitor this site but that MI5 does not?

[threaded]

The New Lie monitor this site. I doubt the two you mention do.