Prepayment of tax on account

**DimPrawn** · 31 January 2012, 18:41

I'm with you on this one bro.

It's bad enough paying tax on money earned/profits without having to pay tax on what you expect to earn.

**MarillionFan** · 31 January 2012, 18:44

You guys pay tax? Mugs.

**Cliphead** · 31 January 2012, 18:50

Originally posted by MarillionFan View Post

You guys pay tax? Mugs.

You mean it's optional?

**MarillionFan** · 31 January 2012, 18:51

Originally posted by Cliphead View Post

You mean it's optional?

For some of us.

**d000hg** · 31 January 2012, 18:52

Originally posted by AtW View Post

FFS!

If you're low on cash I'll give you £5k for 25% of SKA.

**MarillionFan** · 31 January 2012, 18:53

Originally posted by d000hg View Post

If you're low on cash I'll give you £5k for 25% of SKA.

"Och! You come in here asking for £5k for 25% of your so called business. What a ridiculous valuation! I'm out"

**DimPrawn** · 31 January 2012, 19:03

Originally posted by Cliphead View Post

You mean it's optional?

You mean you earn over £7,475 p.a.?

You don't have a division of your UK limited company in the Cayman Islands that bills your UK limited for marketing and sales services, which in turn means your UK limited never makes a profit?

**AtW** · 31 January 2012, 19:07

Originally posted by DimPrawn View Post

You don't have a division of your UK limited company in the Cayman Islands that bills your UK limited for marketing and sales services, which in turn means your UK limited never makes a profit?

You mean a loss making UK fully owned subsidiary of a foreign company resident far far away in a non-extradiction country?

**DimPrawn** · 31 January 2012, 19:11

Originally posted by AtW View Post

You mean a loss making UK fully owned subsidiary of a foreign company resident far far away in a non-extradiction country?

You mean like all the FTSE companies?

Tax is for small people to support banker bonuses.

Prepayment of tax on account