Effective solution to tax evasion aka "avoidance"

[Incognito]

Well if Rangers FC are anything to go by, they seem inclined to drag their heels.
Still, everything to he who waits, eh Incog?

They never got Pompey, they won't get us.

The Rangers tax case is something to do with EBT's. Quite how that one pans out is going to be quite interesting, because I'm sure we all know a lot of contractors using EBT's as well.

Huge tax bill 'could saddle Rangers with £80m debt' - The Scotsman

[Alf W]

Dispatches program a couple of weeks ago on Cabinet Ministers Wealth Management strategies - can be watched here - stick to these and you should be OK.

Gideon (aka Cameron's fag) - stands to avoid IHT on £4m via use of Family Trust Scheme.

Phillip Hammond (Transport Sec) - shifting shares to his wife / income splitting

Andrew Mitchell (Intl Devt Sec) - investing in British Virgin Islands based PIFs.

I haven't watched it all but I'll be having a lookm to make sure I'm not missing any tricks.

[Incognito]

Dispatches program a couple of weeks ago on Cabinet Ministers Wealth Management strategies - can be watched here - stick to these and you should be OK.

Gideon (aka Cameron's fag) - stands to avoid IHT on £4m via use of Family Trust Scheme.

Phillip Hammond (Transport Sec) - shifting shares to his wife / income splitting

Andrew Mitchell (Intl Devt Sec) - investing in British Virgin Islands based PIFs.

I haven't watched it all but I'll be having a lookm to make sure I'm not missing any tricks.

They're politician's, what do you expect.

[Doggy Styles]

Legal loopholes

You don't understand. The Legislature makes the law and it is the role of the Judiciary to interpret Parliaments intentions in circumstances where there is ambiguity.

Sorry, by legal loopholes I was referring to loopholes in legislation. Whether the judiciary interpret them for parliament's intent or not, they are still there and need interpreting.

[SupremeSpod]

They shouldn't if they adopt, inevitably, my idea.

As things stand now though the only weapon HMRC has got is to use FUD - Fear Uncertainly Doubt by striking down schemes after few years of running in order to deter new schemes.

Clear rules would be nice, but they can't be devised with tax system full of exceptions - if there was single income tax regardless if where money is made, how they are made etc - just pay X% on your worldwide income (if you are British citizen) or go to jail, then it would be very clear.

And that dear boy is why what they are doing is against our human rights.