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    #31
    Originally posted by BolshieBastard View Post
    Oh, changing your tack now eh! So you want to make it an issue of tax avoidance. Well, I hope you dont employ an accountant to make sure you pay as little tax as possible. oh, that's different isnt it?
    The company I run uses accountant for the purpose of making sure it complies with legal requirements and tax due is calculated and paid. I do not use him to make sure we pay as little tax as possible - on the contrary I want to make sure we pay all that's due because I don't want any risk on my end.

    However, I digress. Please explain exactly why I need a UK passport when I no longer travel abroad? Furthermore, please explain why you think one needs a passport when using a scheme that was based and operated in the Isle of Man? Please also explain why you have decided a passport is necessary for someone, anyone, to participate in an 'offshore' tax scheme? Is travelling abroad or the ability to travel abroad a requirement of participation in an offshore scheme? If so, could you point me in the direction of the exact regulatory requirements?
    I did not say passport is necessary to take part in offshore tax schemes.

    The irony here is that someone who does so hasn't even got British passport, but lives in the UK and thinks that reducing tax paid massively by using offshores is ok.

    Yes that might be "within" the letter of the law, but it clearly isn't within the spirit, so don't whine then HMRC cracks down on your types using letter of the law rather than spirit, you fully deserved it.

    As regards 3.5% taxation, I think you'll find that applied to one individual and not everyone on the scheme. But then again, you do seem to like generalisations.
    How much tax did you pay then? 5%? 10%? Don't include those "hefty" fees into calculation, that's irrelevant insofar tax is concerned.

    Comment


      #32
      AtW, FFS change the record will you?
      And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

      Comment


        #33
        Originally posted by BolshieBastard View Post
        How much a passport costs is irelevant.
        The price in my view is relevant because on one hand it is very affordable (over 10 years period), and on another hand I think it is symptomatic that someone who went to great lengths to avoid paying due taxes would also be cheap skating on obvious things like this.

        A cheat can win a prize. But he should not expect people to call him real winner, he is a cheat after all. Also he should not expect to keep the prize.

        Comment


          #34
          Originally posted by Mich the Tester View Post
          AtW, FFS change the record will you?
          I might do - looks like SKA Inc will need a lot of automated testing done and this makes me

          Comment


            #35
            Originally posted by AtW View Post
            I might do - looks like SKA Inc will need a lot of automated testing done and this makes me
            Automated testing is tulipe for anything other than performance testing or regression testing; don’t spend too much money on it whatever you do. A good tester with 'Exploratory testing' or 'context driven testing' experience will give you much more returns in a short time.

            If you want to run lots of searches quickly and do regression testing on a gui, then try selenium; you can download it if you google it. It's free, good, and being open source the community will help you.
            And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

            Comment


              #36
              Originally posted by Mich the Tester View Post
              Automated testing is tulipe for anything other than performance testing or regression testing; don’t spend too much money on it whatever you do. A good tester with 'Exploratory testing' or 'context driven testing' experience will give you much more returns in a short time.

              If you want to run lots of searches quickly and do regression testing on a gui, then try selenium; you can download it if you google it. It's free, good, and being open source the community will help you.
              I feel the need to automatically test stuff for correct operations - we are about to start hiring more people, so things will become more complicated in terms of development, easier to scale hardware than people

              Comment


                #37
                Originally posted by AtW View Post
                The company I run uses accountant for the purpose of making sure it complies with legal requirements and tax due is calculated and paid. I do not use him to make sure we pay as little tax as possible - on the contrary I want to make sure we pay all that's due because I don't want any risk on my end.



                I did not say passport is necessary to take part in offshore tax schemes.

                The irony here is that someone who does so hasn't even got British passport, but lives in the UK and thinks that reducing tax paid massively by using offshores is ok.

                Yes that might be "within" the letter of the law, but it clearly isn't within the spirit, so don't whine then HMRC cracks down on your types using letter of the law rather than spirit, you fully deserved it.



                How much tax did you pay then? 5%? 10%? Don't include those "hefty" fees into calculation, that's irrelevant insofar tax is concerned.
                I find it hard to believe you operate your taxes in such a squeaky clean way but if you say you do, I'll accept that. However, I would caution you before you get on that high horse of yours that HMRC will very likely use retrospective legislation to not only close loopholes but, also to increase its tax take from people who as you do, believe they are making legitimate use of current tax planning.

                Now, turning to your other missives, you have insinuated in your posts that a person who is engaged in an offshore scheme should have a passport. So you are now retracting that statement?

                You also suggest someone in the IoM scheme should have a passport. I did co incidentally have a valid passport for the period I was in the scheme. I am no longer in the scheme and no longer have a valid passport yet you imply I should have a passport when I have no need for it.

                By your criteria, I was in an offshore scheme and held a valid passport for the time I was in said scheme. What's your beef now, that I dont wish to have a passport when I have no need for overseas travel?

                So now you want to change your tack and make this a debate on the rights or wrongs of the IoM scheme? OK lose one front, open up a new one is you line.

                You seem to think taxation depends on the spirit of the law. Perhaps in your little world everything works that way. But, in the real world where the majority of us live, its actually what the law states that counts.

                And in that sense, the scheme was legal when I used it. In fact, it was legal until HMRC obtained a law change to make it illegal in the past (However see BN66 thread).

                Its nice to know you have had to systematically change your argument, much like HMRC in fact, in an effort to make some obscure point ie one should have a passport at all times and somehow, one has disdain for the UK passport because one doesnt hold one when one doesnt need one.

                As I said, you're a ******* clown. And you know what, as a clown everyone is laughing at you.
                I couldn't give two fornicators! Yes, really!

                Comment


                  #38
                  I'm not sure if this will bring the thread backon topic or not but...I've just been to the post office in Manchester City Centre... the guy at the counter next to me was doing the passport application check thingy. He hadn't a word of English... the lady behind the counter couldn't understand what he was on about and he couldn't understand the bits she was trying to tell him were wrong with his application.

                  Surely to be entitled to a British Passport you should have some reasonable command of the English language
                  Bazza gets caught
                  Socrates - "The only true wisdom is in knowing you know nothing."

                  CUK University Challenge Champions 2010

                  Comment


                    #39
                    Originally posted by BolshieBastard View Post
                    I find it hard to believe you operate your taxes in such a squeaky clean way but if you say you do, I'll accept that.
                    It's true mate, even though this is in large part due to the fact that we did not have revenues until recently, so my salary of £0 wasn't because I shifted income, it was just that - zero. Now however I do pay myself decent salary, not minimal - it sure costs more in tax, but I don't want the distraction of HMRC making any questions, even though my firm is totally outside of IR35.

                    However, I would caution you before you get on that high horse of yours that HMRC will very likely use retrospective legislation to not only close loopholes but, also to increase its tax take from people who as you do, believe they are making legitimate use of current tax planning.
                    Yes, they already did that to me by abolishing taper relief -

                    Now, turning to your other missives, you have insinuated in your posts that a person who is engaged in an offshore scheme should have a passport. So you are now retracting that statement?
                    I did not attempt to say that - I just find it ironic that someone who is into offshore stuff covered by legislation meant to deal with people who ain't UK residents lives in the UK and also has not even got UK passport (at this time).

                    You also suggest someone in the IoM scheme should have a passport. I did co incidentally have a valid passport for the period I was in the scheme. I am no longer in the scheme and no longer have a valid passport yet you imply I should have a passport when I have no need for it.
                    I have no idea what the requirements were for your scheme or others, I stay away from that stuff as far as possible.

                    By your criteria, I was in an offshore scheme and held a valid passport for the time I was in said scheme. What's your beef now, that I dont wish to have a passport when I have no need for overseas travel?
                    I find that you take a lot of things for granted, once of which value of UK passport. I guess if you are born into it rather than having to earn it (like myself) it's value is very different: a lot more for me, and a lot less for you.

                    You seem to think taxation depends on the spirit of the law. Perhaps in your little world everything works that way. But, in the real world where the majority of us live, its actually what the law states that counts.
                    When it comes to laws one thing I like in this country is that laws are generally putting onus on common sense, and when piss takers appear they get book thrown at them. I like it because this is very much different from many backwards states like Russia where laws are very detailed and regulate every aspect of your life, here it's much more freedom, but piss takers need to be dealt with unless freedom for the rest is curtailed.

                    This means (from my point of view) that piss takers not only screw up the tax payers, but also result in harder laws for the rest of us.

                    As I said, you're a ******* clown. And you know what, as a clown everyone is laughing at you.
                    Mate, please remind me which one of us is facing large tax bill due to taking part in tax schemes successfully challenged by HMRC? I am not actually laughing at you - but it amazes me you feel the need to laugh at me?

                    Comment


                      #40
                      Originally posted by cailin maith View Post
                      Surely to be entitled to a British Passport you should have some reasonable command of the English language
                      I think you can do it in Welsh (probably not in Manchester though).

                      Comment

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