Treasury Minister thinks paying with cash is wrong

Treasury Minister thinks paying with cash is wrong

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Discussion

JontyR

1,915 posts

168 months

Tuesday 24th July 2012
quotequote all
Eric

What is stopping you having 2 companys? Both T/A, but one to handle parts and the other to handle labour. that way you could stay under the £77k threshold

johnfm

13,668 posts

251 months

Tuesday 24th July 2012
quotequote all
eccles said:
Oakey said:
eccles said:
But you offer nothing to back up why you don't believe that figure.....
Burden of proof is on the person making the claims, no?
So every figure ever published comes with all research and evidence to back it up?

Get real, people don't believe figures when it suits them (or their ideology).
What a ridiculous argument.

IF you are going to make a claim, you need to back it up.

If it is such a bold claim as £1,000,000,000,000 unpaid taxes, I would think pretty detailed methodology and data would be available to enable independent verification.



rs1952

5,247 posts

260 months

Tuesday 24th July 2012
quotequote all
Oakey said:
rs1952 said:
hehe

That would be a couple of thousand calls a day about the Tesco Express down the road, and that's just for starters smile
Except for the small issue that every transaction, cash or otherwise, is logged and recorded making it somewhat difficult for Tesco to syphon off money they don't intend to pay tax on but we'll just conveniently ignore this for the sake of your argument.
I was making a flippant comment in response to a flippant comment. But that said, and just musing on the matter for a moment, there must be quite a few thousand cash transactions being made in my home, small, market town every day of the week, to small independent traders. The newsagent, the hairdresser, the cleaner, the window cleaner, the car mechanic etc etc. If we reported every one, all over the country, to HMRC then the national phone networks would collapse within a few minutes.

By the way - you might be able to buy a sense of humour from somewhere - have you tried Ebay? Don't forget to report the transaction to HMRC if you do smile

TheEnd

15,370 posts

189 months

Tuesday 24th July 2012
quotequote all
HMRC are watching ebay closely now.

toppstuff

13,698 posts

248 months

Tuesday 24th July 2012
quotequote all
johnfm said:
What a ridiculous argument.

IF you are going to make a claim, you need to back it up.

If it is such a bold claim as £1,000,000,000,000 unpaid taxes, I would think pretty detailed methodology and data would be available to enable independent verification.
Precisely. The absence of any methodology to support the thesis is very dodgy indeed.

This is just politics. A stupid little "research group" no doubt with links to politicians and a desire to get some more funding, plays to the crowd with a bunch of ill-considered headlines to get the rabble roused.

People are very naive when it comes to the activities of many "think tanks", NGO's and "research groups". Some of them are truly poisonous little operations, devoid of scruples, always looking for a way to swing a grant from some political party. Some left, some right, but many of them deeply dodgy and masquerading behind a veil of pseudo-academia.

Sadly, once you have some exposure to them, all that happens is that you become more cynical..

Eric Mc

122,165 posts

266 months

Tuesday 24th July 2012
quotequote all
JontyR said:
Eric

What is stopping you having 2 companys? Both T/A, but one to handle parts and the other to handle labour. that way you could stay under the £77k threshold
HMRC have a principle they apply called "disaggregation". In other words, if they see that a single trading entity has been split artificially to keep one or both entities below the compulsory VAT Registration threshold (£77,000), they will add the two turnovers together and insist that they register for VAT properly.

They are not stupid - although they can be incompetent - which is not quite the same thing.

mattnunn

14,041 posts

162 months

Tuesday 24th July 2012
quotequote all
So Eric, if it's accepted people are trying to avoid VAT registration because it makes them uncompetetive (although surely advantage is gained in claiming back VAT on parts purchased etc...) Would you argue to lower the limit to catch all or raise it so only Medium and large companies are caught in it?

Murph7355

37,818 posts

257 months

Tuesday 24th July 2012
quotequote all
TheEnd said:
HMRC are watching ebay closely now.
Maybe they ought to be sorting people's returns efficiently and accurately rather than selling/buying stuff biggrin

johnfm

13,668 posts

251 months

Tuesday 24th July 2012
quotequote all
toppstuff said:
johnfm said:
What a ridiculous argument.

IF you are going to make a claim, you need to back it up.

If it is such a bold claim as £1,000,000,000,000 unpaid taxes, I would think pretty detailed methodology and data would be available to enable independent verification.
Precisely. The absence of any methodology to support the thesis is very dodgy indeed.

This is just politics. A stupid little "research group" no doubt with links to politicians and a desire to get some more funding, plays to the crowd with a bunch of ill-considered headlines to get the rabble roused.

People are very naive when it comes to the activities of many "think tanks", NGO's and "research groups". Some of them are truly poisonous little operations, devoid of scruples, always looking for a way to swing a grant from some political party. Some left, some right, but many of them deeply dodgy and masquerading behind a veil of pseudo-academia.

Sadly, once you have some exposure to them, all that happens is that you become more cynical..
Has Viperpict posted a link to the £1T report?

joe_90

4,206 posts

232 months

Tuesday 24th July 2012
quotequote all
Anyway.. the point is.. what is morally correct:

David Gauke also took £10k from the taxpayer to cover the stamp duty on buying his second home

Apache

39,731 posts

285 months

Tuesday 24th July 2012
quotequote all
toppstuff said:
johnfm said:
What a ridiculous argument.

IF you are going to make a claim, you need to back it up.

If it is such a bold claim as £1,000,000,000,000 unpaid taxes, I would think pretty detailed methodology and data would be available to enable independent verification.
Precisely. The absence of any methodology to support the thesis is very dodgy indeed.

This is just politics. A stupid little "research group" no doubt with links to politicians and a desire to get some more funding, plays to the crowd with a bunch of ill-considered headlines to get the rabble roused.

People are very naive when it comes to the activities of many "think tanks", NGO's and "research groups". Some of them are truly poisonous little operations, devoid of scruples, always looking for a way to swing a grant from some political party. Some left, some right, but many of them deeply dodgy and masquerading behind a veil of pseudo-academia.

Sadly, once you have some exposure to them, all that happens is that you become more cynical..
Too true mate, think CRU

Eric Mc

122,165 posts

266 months

Tuesday 24th July 2012
quotequote all
mattnunn said:
So Eric, if it's accepted people are trying to avoid VAT registration because it makes them uncompetetive (although surely advantage is gained in claiming back VAT on parts purchased etc...) Would you argue to lower the limit to catch all or raise it so only Medium and large companies are caught in it?
Lower the threshold to catch all but the very smallest trader - as is the norm in most other countries that have VAT. The UK has one of the highest turnover thresholds.

Eric Mc

122,165 posts

266 months

Tuesday 24th July 2012
quotequote all
The de-registration threshold is £230,000.

baz1985

3,598 posts

246 months

Tuesday 24th July 2012
quotequote all
Everyone forgotten 'cash for questions'? Hamilton and Smith, didn't charge Uncle Al-Fayed VAT?!


eccles

13,746 posts

223 months

Tuesday 24th July 2012
quotequote all
johnfm said:
eccles said:
Oakey said:
eccles said:
But you offer nothing to back up why you don't believe that figure.....
Burden of proof is on the person making the claims, no?
So every figure ever published comes with all research and evidence to back it up?

Get real, people don't believe figures when it suits them (or their ideology).
What a ridiculous argument.

IF you are going to make a claim, you need to back it up.

If it is such a bold claim as £1,000,000,000,000 unpaid taxes, I would think pretty detailed methodology and data would be available to enable independent verification.
How do you know it's not?

Do you really think they'll publish all their research in the article?

toppstuff

13,698 posts

248 months

Tuesday 24th July 2012
quotequote all
eccles said:
How do you know it's not?

Do you really think they'll publish all their research in the article?
YES !!! They are a research organisation. They are SUPPOSED to publish their methodology. If, for example, a science research organisation published a press release about research on Panda mating patterns, it would be expected that they show their research methodology. It is how it works. This is no different.

Jeez you are a gullible godsend to the "research" apparatiks that feed the media. You haven't recently sent some money to some struggling Doctor in Nigeria lately have you? Are you that unquestioning?

Let me ask a simple question:

Given that the Trillions of cash stuffed offshore is subject to at least the same secrecy and data protection laws that we have here, how can a "research organisation" with a dodgy website and offering no methodology to support their claims, find a way to circumvent the rules of privacy without going to jail for eternity?

Simply looking up lists of offshore jurisdictions and adding up their assets under custody or management achieves nothing. Anyone can do that.

But what they cannot know ( or anyone can know ) is where the money is attributed. How much of it is deposited from Mr John Smith of Streatham and how much of it by Roman Abramovich? How much of the money is the cash reserves from the Gazprom, the Russian energy Co, or the earnings from a Chinese mining company in Africa that doesn't trust the banking system in Nigeria? No-one knows.

Therefore, to extrapolate and present as fact that individual countries are missing out on certain "tax income" is, to put it mildly, completely disingenuous. And the timing of the release is too opportunistic to be considered anything other than politically motivated pandering to the media.

I have dealt with so called "research groups" in the past. Many of them are obnoxious, nasty little groups with a massive political agenda who live in the pocket of special interest groups and will say and do anything to get funding for their next round of ill-informed nonsense. I see nothing here to make me believe that this lot are any better.

I actually don't care if it is true or not. But I do care when leaping suppositions and dodgy data is presented as fact.











Oakey

27,610 posts

217 months

Tuesday 24th July 2012
quotequote all
Gene Vincent said:
all this debate over trifling amounts
You know, I don't think I've met many 'poor' tradesmen.

johnfm

13,668 posts

251 months

Tuesday 24th July 2012
quotequote all
eccles said:
johnfm said:
eccles said:
Oakey said:
eccles said:
But you offer nothing to back up why you don't believe that figure.....
Burden of proof is on the person making the claims, no?
So every figure ever published comes with all research and evidence to back it up?

Get real, people don't believe figures when it suits them (or their ideology).
What a ridiculous argument.

IF you are going to make a claim, you need to back it up.

If it is such a bold claim as £1,000,000,000,000 unpaid taxes, I would think pretty detailed methodology and data would be available to enable independent verification.
How do you know it's not?

Do you really think they'll publish all their research in the article?
Why do think I have asked for a link to the claim?

I like to check veracity of 'facts'

Oakey

27,610 posts

217 months

Tuesday 24th July 2012
quotequote all
johnfm said:
Why do think I have asked for a link to the claim?

I like to check veracity of 'facts'
The irony being that earlier ViperPict (I think) was deriding people for believing everything the MSM 'spoon fed them'.

toppstuff

13,698 posts

248 months

Tuesday 24th July 2012
quotequote all
Oakey said:
johnfm said:
Why do think I have asked for a link to the claim?

I like to check veracity of 'facts'
The irony being that earlier ViperPict (I think) was deriding people for believing everything the MSM 'spoon fed them'.
People willingly believe things that are fed to them if they conform to their own view of the world, or reinforce their prejudices and beliefs. It gives them validation.

The enquiring mind believes nothing ( whether they like the supposed facts or not ) in the absence of any reasonable evidence.