I will happily fight HMRC on levels terms. Prospective law changes are fine. Retrospective is not.
Anyway not a great deal I can do at this stage. No savings. So they can do what they want.
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Reply to: Britons still spending like drunkards?
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Previously on "Britons still spending like drunkards?"
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Originally posted by sasguru View PostNothing to do with envy.
Its poor judgement to take home what some of those schemes were offering. Also greedy IMO.
I would always have the niggling feeling that I would get done one day and so they have.
It was a dodgy gamble that didn't pay off. It's time to pay up and not coward out. You don't mess with HMRC.
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Blame fractional reserve banking.
A system almost designed to create debt bubbles.
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Originally posted by BrilloPad View Post
Mind you, I'm not always drunk when doing so.
I will continue to help the UK economy in this manner for as long as I can.
(* 18+, before the perves start up. )
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Originally posted by Platypus View PostSo you're advocating paying more tax than necessary?
When does tax avoidance become greed, immoral, unfair?
Usually when the next man is getting more than you are.
Isn't that envy?
Its poor judgement to take home what some of those schemes were offering. Also greedy IMO.
I would always have the niggling feeling that I would get done one day and so they have.
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Originally posted by BrilloPad View PostIts only the government who will not get their money. And as they introduced retrospecive tax legislation (the UK is one of only 5 countries in the world who allow this) then tough luck.
If people are not treated fairly they will not behave themselves.
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If it's not retrospective tax you're not going to end up owing then that's just vigilante Robin Hoodism. Just admit you want to shaft them, don't try and paint it as some form of morality!
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Originally posted by ZARDOZ View PostSo you intend to shaft a few people.
If people are not treated fairly they will not behave themselves.
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In the City, they call it a “false market”. This occurs when erroneous information, often deliberately circulated, becomes the basis for investors’ decisions.
What we have witnessed is inter-generational theft. In leaving today’s newborn babies with ballooning debts, unfunded pensions and a dysfunctional housing market, we have stolen their future and rendered ourselves morally bankrupt.
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If we're spending, why is there a recession... I thought the whole point was that we get economic problems when we stop spending and this causes a spiral effect.
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Originally posted by Platypus View PostWhat is the S58 thing? Is that the offshore loan scheme that IIRC you were involved with?
A dose of hyper inflation would do me alot of good - though I accept that for the overall economy it would be bad.
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What is the S58 thing? Is that the offshore loan scheme that IIRC you were involved with?
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Originally posted by Platypus View PostOK, serious point...
Should we all vote Labour and hang the future?
I'm getting to an age now when free state money, a fat pension, etc. is very appealing. I've paid enough tax, maybe it's time to grab what I can back for myself.
Whadya think?
With the s58 thing I am in the happy position of going bankrupt before too long - and I intend to go down owing the maximum.
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