Is anything inherently wrong, immoral or unlawful in mitigating one’s tax liability?

[vetran]

Sounds like the Duke was aggressive tax evoider...

they are the same thing to HMRC how dare you spend their money?

[OwlHoot]

What's "mitigating"?

Cutting the ends off the fingers of gloves, to turn them into mitts.

[NotAllThere]

What's "mitigating"?

Mitigate - to leak information about flying RAF jets with a bowl of spaghetti on your lap.

[AtW]

Any way you can reduce the amount your bank account is violated is fair game so long as it's legit. I can't see how it can ever be justifiable to pay 50% tax under any circumstances. I'd say the same for 40%. 20% is very fair and reasonable and if there was a blanket 20% on every penny earned then there would be no need for tax avoidance or tax evasion.

Higher taxes are very much justifiable to all those who are not going to pay them.

It's democracy.

[jamesbrown]

What's "mitigating"?

I was stoned, m'lud.

[NorthWestPerm2Contr]

Any way you can reduce the amount your bank account is violated is fair game so long as it's legit. I can't see how it can ever be justifiable to pay 50% tax under any circumstances. I'd say the same for 40%. 20% is very fair and reasonable and if there was a blanket 20% on every penny earned then there would be no need for tax avoidance or tax evasion.

[AtW]

Duke of Westminster v Commissioners of Inland Revenue 19 TC 490:

Sounds like the Duke was aggressive tax avoider...

[RetSet]

Duke of Westminster v Commissioners of Inland Revenue 19 TC 490:

‘Every man is entitled if he can to order his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds in ordering them so as to secure this result, then, however unappreciative the Commissioners of Inland Revenue or his fellow tax-payers may be of his ingenuity, he cannot be compelled to pay an increased tax.’

HTH

[AtW]

What's "mitigating"?

[BrilloPad]

duplicate thread please ignore