Originally posted by Pondlife
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Effective solution to tax evasion aka "avoidance"
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Bazza gets caught
Socrates - "The only true wisdom is in knowing you know nothing."
CUK University Challenge Champions 2010 -
Originally posted by cailin maith View PostComment
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Originally posted by AtW View PostOi, you naughty nun - repent your sins or it's ze killswitch!!!Bazza gets caught
Socrates - "The only true wisdom is in knowing you know nothing."
CUK University Challenge Champions 2010Comment
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Originally posted by cailin maith View PostIndeed and as in the case of BN66, they should not be allowed to fanny around for 7 years before finally deciding on an argument as to why a "scheme" breaks the rules.
It can take years to collect data on what is actual loss from particular scheme and it can take years for scheme to become popular, mainstream and that's when HMRC has to take action which may take some years also, that's how you arrive to 6-7 years.Comment
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Originally posted by AtW View PostThey are not going to waste time and money trying to prove conclusively why every new scheme is illegal - that's very expensive, so what they do (very logically) is focus on schemes that became popular: as soon as tax loss reaches certain threshold they HAVE TO take some action.
It can take years to collect data on what is actual loss from particular scheme and it can take years for scheme to become popular, mainstream and that's when HMRC has to take action which may take some years also, that's how you arrive to 6-7 years.
Just because they don't like it - doesn't mean it's illegal. It means that whoever drafted the legislation in the beginning was an ejit.
She doesn't look like a nun.Bazza gets caught
Socrates - "The only true wisdom is in knowing you know nothing."
CUK University Challenge Champions 2010Comment
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My all-time favourite Dilbert cartoon, this is: BTW, a Dumpster is a brand of skip, I think.Comment
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Originally posted by cailin maith View PostBollocks - when they have been given all details in the very beginning? Why should it take 7 years? And in any case 7 years for them to dream up of a reason (a not very good reason at that?!) is total bollocks.
This lag is part of the system - partly due to its inefficiency, but partly due to creating uncertainty that would hopefully prevent in the future people from allowing their greed to take over their common sense.
What's bollock is having one man band Ltd who expects to pay feck all tax by using some obscure offshore arrangement.
Originally posted by cailin maith View PostShe doesn't look like a nun.Comment
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Originally posted by RichardCranium View PostGive a bachelor a flat and he thinks he's Hugh Hefner.(Says RC speaking from experience.)
Larry Flynt
I hope I'll get that sniper before he gets me - pity UK laws mean that I'll have to use colourful language for thatComment
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Originally posted by AtW View PostNo, it's not bollocks - they need at least few years to estimate tax loss from a scheme to decide if they want to focus very expensive resources to determine if it's illegal or not, then it can take few more years to actually put things in motion.
This lag is part of the system - partly due to its inefficiency, but partly due to creating uncertainty that would hopefully prevent in the future people from allowing their greed to take over their common sense.
What's bollock is having one man band Ltd who expects to pay feck all tax by using some obscure offshore arrangement.
I kinda feel like I'm pissing into the wind with this conversation
So shall we just agree to disagree? or we could just agree that I'm totally right!Bazza gets caught
Socrates - "The only true wisdom is in knowing you know nothing."
CUK University Challenge Champions 2010Comment
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