Originally posted by DodgyAgent
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
So another Tory Government
Collapse
X
-
What you seem to be saying there is that other EU countries don't let themselves get pushed around by Brussels, and I think that's largely true. So why does Britain let itself get pushed around? Is that the fault of the EU or the British government?And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014 -
Voting with their feet
I can choose which country to work and pay taxes. The rich ie rock stars normally choose to live where the taxes are lower. I doubt that Phil Collins lives in Switzerland to enjoy the wonderful scenery. Its possible to actually live nowhere if you are rich and not be any countries tax resident.Originally posted by doodab View PostFirstly, taxation doesn't work as a market, because people can't choose where they are taxed, it comes as part of a package.
Secondly, lower taxes don't necessarily make a country more competitive, for example if they result in less good infrastructure and services.
Why do rich Americans wish to give up their citizenship.
The Gulf states are very competitive and have a good infrustructure.Comment
-
Yes and the "competitive tax system" we have is enabling investment and growth to advance outside of the EU. We have saddled ourselves with common socialist policies that have made Europe uncompetitive.Originally posted by doodab View PostWe have competitive tax systems now and yet we have all the downsides you say come with a harmonised tax system.
Also, you fail to consider what a harmonised system might look like other than as a strawman you don't like. As I said, there is no need for common rates, so plenty of room for competition in a harmonised system. Why do you insist on thinking otherwise?
if you are arguing that the EU should harmonise its taxes in order to compete with Asia asia then fine. I would imagine that would like getting Turkeys to vote for ChristmasLet us not forget EU open doors immigration benefits IT contractors more than anyoneComment
-
WHS, except that Switzerland has many more benefits than just low taxation, and other countries have low taxation too. Austria is an attractive country for rich families as it has no inheritance tax. Belgium is attractive for people who are already rich because of low wealth and inheritance taxes, but is a bummer for people who want to get rich due to high income taxes.Originally posted by Brussels Slumdog View PostI can choose which country to work and pay taxes. The rich ie rock stars normally choose to live where the taxes are lower. I doubt that Phil Collins lives in Switzerland to enjoy the wonderful scenery. Its possible to actually live nowhere if you are rich and not be any countries tax resident.
Why do rich Americans wish to give up their citizenship.
The Gulf states are very competitive and have a good infrustructure.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
-
Exactly. It's a package. You can't choose which country to pay taxes in without also choosing where you live and work.Originally posted by Brussels Slumdog View PostI can choose which country to work and pay taxes.While you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
-
Which is exactly why each country should manage its own tax affairs.Originally posted by Mich the Tester View PostWHS, except that Switzerland has many more benefits than just low taxation, and other countries have low taxation too. Austria is an attractive country for rich families as it has no inheritance tax. Belgium is attractive for people who are already rich because of low wealth and inheritance taxes, but is a bummer for people who want to get rich due to high income taxes.Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
-
The EU isn't going to harmonize tax rates for one simple reason; the members who pay the bills won't accept it.Originally posted by DodgyAgent View PostYes and the "competitive tax system" we have is enabling investment and growth to advance outside of the EU. We have saddled ourselves with common socialist policies that have made Europe uncompetitive.
if you are arguing that the EU should harmonise its taxes in order to compete with Asia asia then fine. I would imagine that would like getting Turkeys to vote for ChristmasAnd what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
-
Why can't you comprehend that a harmonized tax system doesn't imply harmonized rates? All countries have income tax, social insurance, vat and social insurances. Why not make those work in a common way and reduce the red tape so that they are simpler for people and companies to deal with? No one is saying the rates have to be the same everywhere.Originally posted by DodgyAgent View PostYes and the "competitive tax system" we have is enabling investment and growth to advance outside of the EU. We have saddled ourselves with common socialist policies that have made Europe uncompetitive.
if you are arguing that the EU should harmonise its taxes in order to compete with Asia asia then fine. I would imagine that would like getting Turkeys to vote for ChristmasWhile you're waiting, read the free novel we sent you. It's a Spanish story about a guy named 'Manual.'Comment
-
Yes indeed, and I haven't suggested they shouldn't. You know, you could sit in a bar in Germany saying exactly that to a bunch of CDU/CSU thigh slapping conservatives (the members of the party that holds power) and nearly all of them would nod their heads in agreement. The same goes for VVD or CDA members in NL. In fact the same even goes Dutch Labour party members, although I suspect the socialists actually want the freedom to tax my balls off and spend the proceeds on more speed bumps and civil servants. Even D66, supposedly the most 'pro Europe' party in NL is opposed to so-called tax harmonisation, because they support free market ideas and minimal regulation. Tax rate harmonisation ain't going to happen because the people who pay the bills in Europe don't want it.Originally posted by DodgyAgent View PostWhich is exactly why each country should manage its own tax affairs.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
-
You have made a very good point (accidents do happenOriginally posted by doodab View PostWhy can't you comprehend that a harmonized tax system doesn't imply harmonized rates? All countries have income tax, social insurance, vat and social insurances. Why not make those work in a common way and reduce the red tape so that they are simpler for people and companies to deal with? No one is saying the rates have to be the same everywhere.
)
There are lots of good things the EU does and I would accept your point. The debate is should these policies (along with the bad ones) be legalised by a third party? There are common standards of training and skills (the UK is the only country that charters its engineers) that indeed make it easier for business to happen within the EU. If we sign up to these we can expect our companies to be able to compete effectively for contracts.
At the same time there should be a mechanism by which we can pull away without having to resort to leaving the EU.Let us not forget EU open doors immigration benefits IT contractors more than anyoneComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- IR35: IT contractors ‘most concerned about off-payroll working rules’ Today 07:11
- Labour’s near-silence on its employment status shakeup is telling, and disappointing Yesterday 07:47
- Business expenses: What IT contractors can and cannot claim from HMRC Jan 30 08:44
- April’s umbrella PAYE risk: how contractors’ end-clients are prepping Jan 29 05:45
- How EV tax changes of 2025-2028 add up for contractor limited company directors Jan 28 08:11
- Under the terms he was shackled by, Ray McCann’s Loan Charge Review probably is a fair resolution Jan 27 08:41
- Contractors, a £25million crackdown on rogue company directors is coming Jan 26 05:02
- How to run a contractor limited company — efficiently. Part one: software Jan 22 23:31
- Forget February as an MSC contractor seeking clarity, and maybe forget fairness altogether Jan 22 19:57
- What contractors should take from Honest Payroll Ltd’s failure Jan 21 07:05

Comment