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Reply to: What exactly is tax avoidance?
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Previously on "What exactly is tax avoidance?"
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IMO this will only take a couple of "avoidance" cases to be thrown out of court before the rhetoric changes. This is a question of law, not ethics. Avoidance is not against the law; it is tax efficiency. That is what accountants are for, and that is what there are laws for. If they want to change that, they can change the law (though that may mean they don't get reelected of course).
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Oh FFS!!!! Just seen this in The Mail.
I'm so up for a pull!!!! Oh FFS!!!!
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Trying to sell taxpayers stuff they already paid for and own (AKA Privatisation)Originally posted by Jog On View PostI haven't done anything illegal - I'm curious as to what counts as 'morally indefensible'
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Sadly, that would be a common enough interpretation of the situation, I believe.Originally posted by Platypus View PostOf course you're right.
However, I think that most people see tax avoidance as something that OTHER people do, i.e. Joe Bloggs has a TESSA, an ISA, a PEP, buys 200 fags when visiting a non-EU country and gets tax relief on pension contributions. He is not an avoider. No indeed.
His neighbour owns his own company and pays himself small salary, some dividends. But he has no TESSA or ISA. Now he's a robbing barsteward who isn't paying his "fair share" of tax. Despite the fact that he pays employers and employees national insurance on his £12k salary. Despite the fact that he has no children using the state's education resources. No. This man is an immoral thief!
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Yes, and a trip to New Delhi's Chinese restaurants would help the UK's obese youths lose some weight.Originally posted by doodab View PostTBH I would probably burn the daily mail instead.
Lots of young people go travelling to India, and if they can do that and get paid and trained then why not? It would also help them realise how lucky they are to be UK citizens.
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TBH I would probably burn the daily mail instead.Originally posted by CheeseSlice View PostThe lib dems seem to be saying all kinds of tulip at the moment to stir up public unrest.
I'm currently considering the "burning of Vince Cable" as a response to this:
Vince Cable: Send our school leavers to do apprenticeships in India
Lots of young people go travelling to India, and if they can do that and get paid and trained then why not? It would also help them realise how lucky they are to be UK citizens.
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The lib dems seem to be saying all kinds of tulip at the moment to stir up public unrest.Originally posted by doodab View PostThis is actually a cunning plan to provoke violent revolution.
I'm currently considering the "burning of Vince Cable" as a response to this:
Vince Cable: Send our school leavers to do apprenticeships in India
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So they (ie Clegg, Cameron and the other numpties) would like you to believe. It's perfectly acceptable for them to avoid CGT on 2nd homes etc but anyone trying to keep their hard earned cash is a target. It's bloody outrageous and makes me reallyOriginally posted by Platypus View PostOf course you're right.
However, I think that most people see tax avoidance as something that OTHER people do, i.e. Joe Bloggs has a TESSA, an ISA, a PEP, buys 200 fags when visiting a non-EU country and gets tax relief on pension contributions. He is not an avoider. No indeed.
His neighbour owns his own company and pays himself small salary, some dividends. But he has no TESSA or ISA. Now he's a robbing barsteward who isn't paying his "fair share" of tax. Despite the fact that he pays employers and employees national insurance on his £12k salary. Despite the fact that he has no children using the state's education resources. No. This man is an immoral thief!
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Originally posted by HairyArsedBloke View PostAnd neither would anyone else....The reform would mean the end of traditional monthly payslips, because employers would no longer be able to tell workers how much tax they had paid each month.
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Of course you're right.Originally posted by cailin maith View PostEvery man is entitled if he can to order his affairs so as 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 taxpayers may be of his ingenuity, he cannot be compelled to pay an increased tax.
However, I think that most people see tax avoidance as something that OTHER people do, i.e. Joe Bloggs has a TESSA, an ISA, a PEP, buys 200 fags when visiting a non-EU country and gets tax relief on pension contributions. He is not an avoider. No indeed.
His neighbour owns his own company and pays himself small salary, some dividends. But he has no TESSA or ISA. Now he's a robbing barsteward who isn't paying his "fair share" of tax. Despite the fact that he pays employers and employees national insurance on his £12k salary. Despite the fact that he has no children using the state's education resources. No. This man is an immoral thief!
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And what happens then?Originally posted by Troll View Postthat's called "'pushing the envelope" and is perfectly legal until the Revenue catch you
HTH
I've read the phrase 'perfectly legal' somewhere else today... who said that this morning -Oh yes I believe it was Clegg himself referring to 'perfectly legal tax loopholes'
A bit like MPs claiming their expenses on their second home then nominating it as a primary residence to avoid paying tax on it..
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