Originally posted by cojak
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Reply to: IPSE and Tax Avoidance
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Previously on "IPSE and Tax Avoidance"
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Originally posted by Fred Bloggs View PostNot to worry, Mudskipper "is on thin ice" here. Anyone who is a member can see how MS joined in a couple of weeks ago when someone put forward an alternative reality to the official IPSE one, along with the highest level of TPTB. They're fooling nobody but themselves with this. Which is really sad to see given what I wrote further up the thread about membership being essential to a MyCo Ltd user.
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Originally posted by BrilloPad View PostAre you going to enter parliament? That is a load of nonsense...
PCG will support people involved in other types of tax avoidance: working through a ltd co, income shifting etc.
HTH and Happy New Year. Just enjoyed a plate of snails. Yum.
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Originally posted by NotAllThere View PostSmall point, but there is a difference between tax avoidance techniques and tax avoidance schemes. Income shifting is not a tax avoidance scheme.
To add to what BB said, it really annoys me that multinational companies pay almost no UK tax. It could be closed. But HMRC bully people who cannot defend themselves - for far less gain than could be got elsewhere.
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Originally posted by Lance View PostIf you're 'exporting' that implies you are resident in the UK. Therefore you still have tax liabilities in the UK even if all your customers are overseas.
Unless of course you're a non-dom.
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Originally posted by BolshieBastard View Post..Everyone who is in IPSE or thinking of joining needs to re read Fred's comment and let it sink in.
PCG \ IPSE doesnt support people in tax avoidance schemes blah, blah, effing blah.
Well, if income shifting to a non (contracting) spouse isnt 'tax avoidance,' I dont know what the eff is!
Back in the day around 2008, 7 years after HMRC took interest in the MP scheme in particular and when BN66 (retrospection came about) there were plenty of posts from PCG members stating 'if PCG gave any assistance of whatever means' to people caught up in BN66, they would 'immediately petition against this help' at the highest levels of PCG and if PCG continued would withdraw their membership.
I have not been a member of PCG for very long time, so I've a disinterest in the topic.
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Originally posted by BolshieBastard View PostNope, Im back into exile until that uber **** NAT ****s off.
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Originally posted by Fred Bloggs View PostI would export my skills. So, I now sell my skills as an employee in asia and the middle east. I make the same income as I did as a MyCo contractor, I am contributing to reducing the UK's balance of payments deficit. Everyone is happy, me, HMG and my new employers. The only person not so happy is Mr Hammond as his plan to squeeze me until the pips squeaked has seriously back fired. He now gets 100% of what I earn in the UK as tax, I guess he's happy with that. Shame is, my UK earnings are now zero.
Unless of course you're a non-dom.
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Originally posted by BolshieBastard View PostHi Fred. Just to clarify, the post isnt a go at you. Sorry to hear you're in IPSE.
Further more, since HMG wants us to export more from the UK, I decided that due to nobody wanting my skills any more in the UK, I would export my skills. So, I now sell my skills as an employee in asia and the middle east. I make the same income as I did as a MyCo contractor, I am contributing to reducing the UK's balance of payments deficit. Everyone is happy, me, HMG and my new employers. The only person not so happy is Mr Hammond as his plan to squeeze me until the pips squeaked has seriously back fired. He now gets 100% of what I earn in the UK as tax, I guess he's happy with that. Shame is, my UK earnings are now zero.
Oh well, such is life, but while I feel I have something to contribute here, I will do so.
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Originally posted by northernladuk View PostBB is back
WB BB.
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Originally posted by Fred Bloggs View PostWell, BB. I have a deal of respect for your view. I will wish you a HNY, even if as an IPSE member I don't qualify for one in return.
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Well, BB. I have a deal of respect for your view. I will wish you a HNY, even if as an IPSE member I don't qualify for one in return.
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Originally posted by eek View PostI did find it amusing when Philip Hammond called IPSE part of the problem....
The invitations to the cosy fireside chats at No 10 will get nobody anywhere very quickly. That seems to be one of the key parts of the new strategy that we're not supposed to ask questions about.
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Sorry, Im going to have to stop coming out of self imposed exile (again!) but this point and PCG \ IPSE made me have to go and change my skiddies.
Originally posted by Fred Bloggs View PostOK, to try to clarify for you - PCG, now IPSE had great success for ten years or more keeping HMRC at bay for the members regarding IR35. The high water mark was obviously the Arctic Systems income splitting case.
PCG \ IPSE doesnt support people in tax avoidance schemes blah, blah, effing blah.
Well, if income shifting to a non (contracting) spouse isnt 'tax avoidance,' I dont know what the eff is!
If the Artic Systems case was before the Courts today, it would be deemed 'tax avoidance' and 'aggressive' by just about everyone. The fact that (PCG) IPSE and its core members did not and will not offer support to people caught in such avoidance schemes today is duplicitous to say the least.
Back in the day around 2008, 7 years after HMRC took interest in the MP scheme in particular and when BN66 (retrospection came about) there were plenty of posts from PCG members stating 'if PCG gave any assistance of whatever means' to people caught up in BN66, they would 'immediately petition against this help' at the highest levels of PCG and if PCG continued would withdraw their membership.
The hypocrisy of those PCG \ IPSE member is truely astounding.
PCG, IPSE or whatever else they effing call themselves can GTF as far as Im concerned. Oh, and dont get me started on their balls up of the 'Opt out' either.
Happy New Year to you all except IPSE members. I hope you playing with the tax system comes back on you some day.
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