Originally posted by m0n1k3r
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!
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Jeremy Corbyn omits income from his tax return"
Collapse
-
-
Originally posted by d000hg View PostThat's a pretty daft thing to say even by your standards.
Doctors, bin-men, teachers, police etc would all fit that description but are valuable. Wealth generation is not the be all and end all even in a capitalistic society because there are things that have to be done which cost money, to facilitate a society in which people can generate wealth efficiently.
As an MP who stands for his constituents and as leader of the opposition of course he provides valuable services. The latter is rather crucial...
The man and his acolytes are transforming Labour into a hard left party that excludes mainstream views.
To compare that waste of space Corbyn to a bin-man is an insult to bin-men.
Leave a comment:
-
Originally posted by DodgyAgent View PostLet us not forget that Corbyn is a net "taker" from the state. In his life he has generated no real earnings to pay tax to go to schools and hospitals etc. Cameron, Osborne and Boris are all creators of wealth
Doctors, bin-men, teachers, police etc would all fit that description but are valuable. Wealth generation is not the be all and end all even in a capitalistic society because there are things that have to be done which cost money, to facilitate a society in which people can generate wealth efficiently.
As an MP who stands for his constituents and as leader of the opposition of course he provides valuable services. The latter is rather crucial...
Leave a comment:
-
Originally posted by DodgyAgent View Postit is. You could quite easily pay yourself a salary and thus pay your dues
Let's not forget that dividends are distributed after first having paid corporation tax, and they are then subject to personal taxation at various levels.
In reality, the difference between taking all as salary or small salary + dividends within the basic rate tax band is only 8.3%. I haven't done the calculations at the HR level, but I suspect it shrinks further and may even show that dividends contribute more in taxes.
Leave a comment:
-
Originally posted by Waldorf View PostJeremy Corbyn admits failing to include state pension income on his hand-written tax return
Oh dear, not only was Corbyn late with his tax return, even though MP's get longer to file a paper return, he has also omitted to include his pension income, both the state pension and his council pension.
This guy is a disaster, if he can't even complete a tax return how on earth can he hope to run a declining political party never mind be Prime Minister.
Leave a comment:
-
Originally posted by DodgyAgent View PostIntention????? Is that the basis of law?
There are courts to enforce it - using substance over word isn't uncommon thing in UK courts.
It's pathetic to see defense of what is effectively tax evasion to use ISAs and dividends as defense, maybe using diesel cars is also tax avoidance?Last edited by AtW; 13 April 2016, 17:41.
Leave a comment:
-
Originally posted by AtW View PostIntention of Parliament expressed in laws.
Leave a comment:
-
Originally posted by AtW View PostISA is fine, I've got one now too ... people who resort to saying that ISA is tax avoidance effectively admit they lost the argument - there is no tax avoidance with ISAs, there is just no tax (or 0 tax) on those as Parliament intended!
What are the people in your list doing - getting paid bona fide dividends from UK companies that paid UK corp tax? If so then it's fine in that respect. But if they used offshores, non-domiciles and other tax avoidance schemes then it's not ok.
Leave a comment:
-
Originally posted by DodgyAgent View PostSo what is different between what you do and others like Cameron, Miliband, Hodge, Ashcroft etc do? I have an ISA is that OK with you?
What are the people in your list doing - getting paid bona fide dividends from UK companies that paid UK corp tax? If so then it's fine in that respect. But if they used offshores, non-domiciles and other tax avoidance schemes then it's not ok.
Leave a comment:
-
Originally posted by DodgyAgent View PostI have an ISA is that OK with you?
Leave a comment:
- 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
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: