Reply to: Jeremy Corbyn omits income from his tax return

[AtW]

Ignorance is not a viable excuse anymore.

Ignorance is Harry's defense, works insofar as evasion is concerned if amounts are relatively small, obviously you still pay fines/interest

[sasguru]

That'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...

God you are naive in the extreme.
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.

[d000hg]

Let 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

That'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...

[m0n1k3r]

Only if it was intentional...

Ignorance is not a viable excuse anymore.

[m0n1k3r]

I have an ISA is that OK with you?

You tax avoider! Next thing you will tell us is that you don't smoke or drink either.

[m0n1k3r]

it is. You could quite easily pay yourself a salary and thus pay your dues

Paying large salaries is a form of corporate tax avoidance as they are offset against profits.

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.

[m0n1k3r]

Disagree Boris is a popular columnist & Author

Yes, that is what he is.

[AtW]

Even worse, he is a tax evader!

Only if it was intentional...

[m0n1k3r]

Jeremy 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.

Even worse, he is a tax evader!

[AtW]

Intention????? Is that the basis of law?

Parliament makes written laws with a particular intention that most objective half brained observers can understand.

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?

[DodgyAgent]

Intention of Parliament expressed in laws.

Intention????? Is that the basis of law?

[AtW]

And how is what is OK and what is not OK defined?

Intention of Parliament expressed in laws.

[DodgyAgent]

ISA 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.

And how is what is OK and what is not OK defined?

[AtW]

So 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?

ISA 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.

[FatLazyContractor]

I have an ISA is that OK with you?

Irritating Stupid Agent?