If anyone was given the opportunity to legally pay less tax they would do so. To claim otherwise is a massive fat lie.

Don't hate tha playa.

Are you absolutely sure of that?

How do you know what others do?

I was talking about another smug git - Jimmy Carr.

No he's fkin hilarious.

My favourite "comedian owns heckler" moment.

http://www.youtube.com/watch?v=oY9mqrarjhQ

I didn't know Jersey was a competitor?

I rather think the IR will be deeply unimpressed with the Jersey scheme. My guess is this will be reversed by the Revenue. I think they will pursue this all the way.

Unless the Revenue get to grips with the like of this scheme where an individual clearly based within the UK, and earning income within the UK can simply use a complex artificial device to substantially avoid (?) the taxation due, which will amount to millions, the goodwill of the honest millions of taxpayers that pay for everything the government does in the UK will be severely damaged.

The Revenue rely on most taxpayers being completely honest, and too busy worrying about how to survive in business, to consider complex artificial tax avoidance schemes.

There is a Judicial Revue going on in the High court currently, I believe, questioning the Revenues powers to commute the profits of a major telecoms business, by agreement, whereby the tax due was dramatically reduced.

I think that case being brought to the High Court demonstrates that other taxpayers are not happy with the apparent preferential treatment. I think the judges will concur in due course.

If the Revenue lose that case, which I think they will, then there is going to be real fun and games for the Tax Authorities.

The sort of games Jimmy Carr is playing are going to have to stop or the Revenue are going to find an awful lot of people becoming very discriminating and creative in how they structure the taxation liabilities of their businesses.

The law must apply equally to all citizens. No one can be more equal than the others.

Harsh, he's not quite that fat.

Chuff, this has and will go on, for as long as there are tax havens people will use them. The only way to close this is to tax loaned income as income, and that ain't going to happen. Why do you think the channel islands exist?

You can't restrict the free movement of capital, it's a bedrock principle of capatilist economics, if I've got money I should be able to put it where I like, if that means it falls into another tax juristiction then so be it.

Glasgow Rangers EBT cases are showing similair kinds of things are rampant in football, I suspect it's rampant amongst wealthy media and business people paid by companies who wish to save tax.