Gipsy family made £2m and dodged £500,000 tax
Discussion
martin84 said:
johnfm said:
We 'need' hundreds of billions (thanks Gordon).
Doesn't give the government a right to tax that isn't due to them.
Well it obviously was due or Vodafone wouldn't need their army of suits to help them bypass it.Doesn't give the government a right to tax that isn't due to them.
Nasty business men always oppressing the ordinary downtrodden little man...
martin84 said:
Lost_BMW said:
Are they as bad as the bankers Martin?
Nasty business men always oppressing the ordinary downtrodden little man...
Depends, how much have the bankers conned the taxman out of?Nasty business men always oppressing the ordinary downtrodden little man...
Investigations are probably still ongoing in one case which I can recall.
http://www.ft.com/cms/s/0/dc1bb370-5597-11e1-9d95-...
martin84 said:
johnfm said:
We 'need' hundreds of billions (thanks Gordon).
Doesn't give the government a right to tax that isn't due to them.
Well it obviously was due or Vodafone wouldn't need their army of suits to help them bypass it.Doesn't give the government a right to tax that isn't due to them.
VF pay plenty in tax, said scum in OP paid zero.
Don't forget the government will steal from your biz if they can
martin84 said:
...
The difference between you frothing right wing nutjobs and a limp wristed lefty liberal like myself is I can look beyond 'its legal = marvellous' and decide for myself whether it should be allowed or not. If you have to go out of your way to avoid tax then its tax you were meant to pay. End of.
A well run business has an obligation to its owners to minimise its costs and to maximise its profits. Tax is a cost. And for some businesses quite a substantial one.The difference between you frothing right wing nutjobs and a limp wristed lefty liberal like myself is I can look beyond 'its legal = marvellous' and decide for myself whether it should be allowed or not. If you have to go out of your way to avoid tax then its tax you were meant to pay. End of.
That people have to take time assessing their tax bills to such an extent, and that the very people who administer the system are incapable of working things out properly for themselves without excessive cost (this, IMO, is why such "deals" are done), is more a damning indictment of the complexity (and, frankly, the inequity) of our taxation system than anything else. Don't blame the player, blame the game.
martin84 said:
I dont go out of my way to avoid tax. My main problem with the system is the big boys can get away with murder by having a cosey chat with the HMRC chief and paying for tea with CMD, but the self employed gardener who does the Government out of £50 due to a spot of 'over estimating purchasing' soon gets the full wrath of the powers that be. HMRC are afraid of big business, so they pick on the smaller kid in the playground. 'Oh no they might leave the UK if we make them actually pay some tax'
According to PH if you pay some tax and employ people its fine to skirt round the law and not pay all of what you owe. So long as you do some of what you should its fine if you don't do all of it
I've just been the victim of a mistake by the IR. I was sent a bill for nigh on £10,000 at the beginning of January, 2/3rds to be paid by 31 Jan or else I would be fined £300 (three separate demands) plus daily fines. The 'error' was discovered fairly quickly but not acknowledged until early Feb. I got my money returned late March.According to PH if you pay some tax and employ people its fine to skirt round the law and not pay all of what you owe. So long as you do some of what you should its fine if you don't do all of it
No discussion allowed. I was told and that was it. When I tried to find out why I hadn't got my money returned immediately I was told that there is no method of checking. I just had to wait. I got no cosy chat, I got no discussion. It was pay up or pay up more.
Is anyone really suggesting that these big firms do not get preferrential treatment from the IR? That those who contribute to the coffers of the political parties do not get something in return when it comes to the legislation?
Cameron went to foreign climes to talk at a tax avoidance conference.
Whether Vodaphone was obliged to pay the full £billions is a matter that is not clear, not by a long chalk. Whether this was, at best, tax avoidance or, as some have suggested, the UK being threatened by a pullout, is not clear either. All we do know is that very 'generous' concessions were allowed to Vodaphone, certainly more than were allowed me.
I'm going to get an accountant for this year. I have already approached one who pointed out 'savings' I could make. I have always been happy paying my dues and have been honest and upfront in everything I've claimed. My accountant has assured me whatever he does will be legal but I now want my fair share.
It is, apparently, against the rules of accoutancy for an accountant to promise he'll get back more than he charges. However, I have been assured that if he doesn't then he's pretty poor at his job.
Tax in this country is not fair.
martin84 said:
The difference between you frothing right wing nutjobs and a limp wristed lefty liberal like myself is I can look beyond 'its legal = marvellous' and decide for myself whether it should be allowed or not. If you have to go out of your way to avoid tax then its tax you were meant to pay. End of.
No, the difference is the right wing nutjobs realise that £1Bn is better than the £0Bn we'd get when Vodafone et al bugger off to Dublin.The problem is with lefties is that their equality ends up with us all eating potatoes.
martin84 said:
Well it obviously was due or Vodafone wouldn't need their army of suits to help them bypass it.
Obviously it wasn't otherwise it would have been paid. I'd just like to say I will use every legal trick and twist in the book to avoid paying a penny more tax than I absolutely have to. and to every hand-wringing liberal nut-job who wails "won't someone think of the children/hpspitals/teachers/nurses etc" I'll point out "it's OK. My share was going to be used to bomb Syria and pay for Warsi's rent".
CaptainSlow said:
martin84 said:
The difference between you frothing right wing nutjobs and a limp wristed lefty liberal like myself is I can look beyond 'its legal = marvellous' and decide for myself whether it should be allowed or not. If you have to go out of your way to avoid tax then its tax you were meant to pay. End of.
No, the difference is the right wing nutjobs realise that £1Bn is better than the £0Bn we'd get when Vodafone et al bugger off to Dublin.Derek Smith said:
...
Tax in this country is not fair.
Indeed it isn't. And the overall system needs a total rethink, starting with the government working on the premise it should tax *everybody* as little as possible (not as much as it thinks possible).Tax in this country is not fair.
However, it's no real surprise that the IR lavish a little more attention on a company with a billion+ tax cheque to write than one with a 10k one.
The IR are gobste aholes who don't know their rules well enough to back up the bully boy tactics they tend to employ. Go in with that as a working assumption and you will not be disappointed. Get a good accountant and you should be even less so
What people tend to forget is that the sale of 3G licences netted HMG over £22billion in one swoop, £6billion from Vodafone alone.
As this was in 2001 it fell to the then Labour Government to invest it wisely and spend it prudently.....or maybe not. Yet another major mismanagement by bliar winky that is conveniently forgotten about.
As this was in 2001 it fell to the then Labour Government to invest it wisely and spend it prudently.....or maybe not. Yet another major mismanagement by bliar winky that is conveniently forgotten about.
I notice [yet again] the resident lefties are trying to compare a complex situation about tax avoidance with lawless scum who ruin peoples lives.
"Many of their customers were unhappy with the service they received and faced threats and intimidation for payments of up to £16,000 for work."
- is your pay monthly contract really as bad as the above situation?
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