Tax Dodgers

[philip@wellwoodhoyle]

"The firm's accounts reveal that £22,607 was paid into the company in 2010/11. After £1,749 of administrative expenses were taken into account, Miss Stuart paid corporation tax on this income of £4,380."

Sounds like she did some small scale contracting on a side, sounds like proper use of Ltd.

No, the revenue is investment income from Moira Stewart's partnership - apparently this ltd co bought 10% of her partnership, so it seems a fair assumption that the £22k is 10% of her "real" profits/income, which looks to be around £220k.

As for HMRC claiming Moira was not employed, I'd like to see her substitution clause - I'd also like to see HMRC accepting a "substitute" - "sorry Moira's not available for the photo shoot, we can send Jeremy Clarkson instead"!

[DimPrawn]

Can't abide tax dodgers. Hang 'em all.

[SueEllen]

It's funny that all these articles are coming out just when lots of the lower paid who work through agencies are being forced to use umbrella companies due to a misunderstanding with the AWR.

[AtW]

"The firm's accounts reveal that £22,607 was paid into the company in 2010/11. After £1,749 of administrative expenses were taken into account, Miss Stuart paid corporation tax on this income of £4,380."

Sounds like she did some small scale contracting on a side, sounds like proper use of Ltd.

[Alf W]

Moira Stewart at it now apparently.

How Moira Stuart makes sure tax doesn't have to be taxing - Telegraph

These people should be ashamed of themselves.