BN66/S58 update

[sasguru]

When was it ever lawful to murder ? sums up your intelligence.

BB sober up leave this thread for the drunks.

In Nazi Germany, it was certainly lawful to kill the mentally ill. And no one got prosecuted for killing millions of Jews and other minorities
HTH, you ignorant cretin.

[sasguru]

That's a pretty naive, idealistic view of things.
.

No it's the exact opposite of that. What is naive is to think you can get away with 3.5% tax.
Luckily it wasn't in your time or you would one be one of these moaning idiots, no doubt.

[AtW]

Immature? Now that really is the pot calling the kettle black, Alex

I will be waiting for a letter in the post for my line manager - you should know the address by now

[AtW]

Cheating means breaking the rules/laws, not acting within the rules in an unsporting/immoral manner.

"Cheating refers to an immoral way of achieving a goal"

Cheating - Wikipedia, the free encyclopedia

Exploiting a flaw (hole) in the rules would qualify as cheating.

[AtW]

According to a recent National Audit Office report on marketed tax avoidance schemes, HMRC estimate that 20,000 contractors have used ebt/loan type schemes amounting to a tax loss of c. £2.3Bn.

Why won't you collect money to lobby Govt to deal with those schemes as well? That would be fine service to taxpayers!!! I'll chip into it as well.

[DonkeyRhubarb]

Exploiting a flaw (hole) in the rules would qualify as cheating.

No-one is exploiting any flaws (holes) in IR35 then?

By your definition, many of the people on this site would be classified as cheats.

PS. and before anyone scoffs, go back and look what the original intention of Parliament was in 2000 when IR35 was passed

[BolshieBastard]

All this bollux is because you were greedy. That is the basis of your non-argument.
Most people with good judgement would see that paying 3.5% tax was too good to be true and there would be a comeuppance.
And so it has come to pass.
I can understand to a certain extent the retrospective argument, but equally you might say you can't prosecute Jew murderers in Germany because they were within the law at the time.
Doesn't mean they didn't know it was wrong which is why they are being prosecuted.

Your last paragraph (if it can be called that) is quite obnoxious. Admin should ban you for chatting such tulipe.

[sasguru]

No-one is exploiting any flaws (holes) in IR35 then?

By your definition, many of the people on this site would be classified as cheats.

I have recently come back to contracting after a long hiatus and IR35 is indeed very poor legislation.
But precisely because I don't want to be audited years hence and found to be owing, I'm not being aggressive with tax e.g. I'm not paying myself minimum wage but a realistic one on which I pay tax and NI.
In any case I'm trying hard to be a proper business as this is how I want to progress: to become a boutique consultancy. So I have my own office, control of work including right of subsitition, will shortly have more than one client at the same time and will be spending money on advertising. Hopefully I will be able to recruit a graduate soon.

But I guess a lot of people are really disguised employees.

[AtW]

I attended a presentation by Gittins. He was a known tax adviser. Myself and a number of others did due diligence on him and it came back clean, nothing dodgey etc.

A bloke approaches you in the pub, shows his credentials that he is a top QC, nice manners, well dressed but he offers you to buy this stereo for 25% the normal price. Would you buy it?

It doesnt matter that the tax rate applicable for those in the scheme is 0%, 3.5% or 40%. If you dont make your legislation watertight, dont be surprised if people find ways around it. Should those who take advantage be hung out to dry?

Yes it matters what the tax rate was and yes those who take advantage of such loopholes should be hung out to dry.

[AtW]

If 3.5% tax is all people legally have to pay then yes. Hell, if it was legal to pay 0% tax as it was for some celebs and others who took advantage of that position, why is it wrong?

If all people had to pay 3.5% income tax then sure, no problems.

But people in same position of those in BN66 paid 40%+NICs.