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Previously on "Loan Charge on BBC front page : the general version"
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And this is what the BBC should have written - as a public service to educate people.
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P.P.S. And accepting being paid in “loans”, that so obviously stay on the books and therefore easy target, how moronic is that?
How can this stupidity be explained by other than greed???
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If some poor immigrants who could not have possibly known about crazy UK tax laws were scammed by “scheme providers” then I would believe they had no clue.
Any UK tax payer who paid tax at 40% level would know full well what is the high rate of tax in this country - you can’t fooking miss it. When I first started working in this country I got charged 40% as “emergency tax rate” - I have learnt about it even before I earned enough to pay it, you can’t miss 40% tax if you ever earned enough to pay it.
How many of these “scheme users” did not know about 40-45% tax? It can’t be anything other than close to 0%.
Therefore they all knew what they were doing - engaging in “tax avoidance” scheme AKA fooking over the taxpayers.
If they had any brains they would at the very least obtain Certificate of Tax Deposit to hedge against obvious risk of being caught.
So in addition to being very greedy they were also very stupid.
P.S. They are double morons for agreeing to pay percentage based fee - if it was all legal, why did it require payment of an effective tax? It should have been fixed cost legal opinion if it was legit in the first place.Last edited by AtW; 25 August 2019, 19:47.
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avoidance
The Govn and HMRC are clearly tightening up on all forms of avoidance, the only solid way to avoid tax is to move offshore yourself.
Any aggressive scheme using offshore vehicles or loans is going to get caught at some point, and whilst I don't condone any backdating the users of the more aggressive scheme would have known they were taking a risk.
Its these scheme and the minority of user of them which are making life so tough for the rest of us who have UK companies and want to manage our tax affairs in a reasonable way.
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Originally posted by MyUserName View Post... it did not occur to me that people would get weirdly angry about it and cause a public scene.
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Originally posted by Zigenare View Postyou complete and utter twunt!
Originally posted by Zigenare View PostWhy, if you were genuinely concerned didn't you PM the chap?
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Originally posted by AtW View PostYou need at least sixteen squirrels to finish the job in one sitting, so be wary of any man who likes to feed squirrels.
They will go through a body that weighs 200 pounds in about eight minutes. That means that a single squirrel can consume two pounds of uncooked flesh every minute. Hence the expression, "as greedy as a Brillo”.
HTH
that's the best post i've seen from mr ackerov.
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Originally posted by DimPrawn View PostMan that's ******* harsh.
If AtW dies, who will feed the squirrels?
They will go through a body that weighs 200 pounds in about eight minutes. That means that a single squirrel can consume two pounds of uncooked flesh every minute. Hence the expression, "as greedy as a Brillo”.
HTH
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Originally posted by BR14 View Postnah, - he got a wasp up his arse.
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