Originally posted by eek
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It's even more profitable if nobody uses the schemes. And it's even less work if they can stop people using them. Hence banning the advertising of such schemes.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
Simple way to stop this tulip:
1) Any scheme provider doing it for UK tax residents MUST be licensed and located in UK - otherwise it's jail time.
2) Scheme promoters (people not Ltd they hide behind) should be made jointly and severally liable for any tax/penalties that become due later when "scheme" turns out to be "not working".
3) They should also have acceptable insurance cover in the event they go bankrupt - failing to maintain that should lead to a very long jail sentence.
4) Usage of any such scheme should have increased penalties - more "hops" money make from one artificial entity to another the higher the penalties.
And if they don't like it then they can relocate their business to rob taxpayers of some other country
Last edited by AtW; 28 August 2013, 11:52.Comment
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For the scheme provider or the customers? If they're not in the UK then they won't be going to jail in the UK...Originally posted by AtW View PostSimple way to stop this tulip:
1) Any scheme provider doing it for UK tax residents MUST be licensed and located in UK - otherwise it's jail time.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Scheme provider - they should have a UK license with a UK HQ to provide such services to UK tax residents (who can be located elsewhere). Money earned by the UK office should pay all UK taxes.Originally posted by d000hg View PostFor the scheme provider or the customers? If they're not in the UK then they won't be going to jail in the UK...Comment
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