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Poll: Tax - If you could do a "Carr" would you?

Total Members Polled: 760

Yes:
91%
No:
9%
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Author Discussion

GTIR

Original Poster:

19,072 posts

135 months

[news] 
Sunday 24th June 2012 quote quote all
If you could would you/do you put your money in offshore tax haven schemes like Carr.
I'm not suggesting we all start doing it as that would be silly and impossible but if you could would you?

Leaving the percentages and all the moral hoohaa aside I bet if it meant securing a future for your children you would.

Vote away.

For the record I would. smile

KingNothing

776 posts

22 months

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Sunday 24th June 2012 quote quote all
Anything legal yes I would, morality doesn't come into paying taxes, legality does though, I don't pay my taxes out of pure kindness, I pay them, because legally I have to.

Zwolf

22,321 posts

75 months

[news] 
Sunday 24th June 2012 quote quote all
Of course, provided it's legal tax avoidance, rather than commit tax evasion. I don't fancy prison at all.

PH lurker

1,230 posts

26 months

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Sunday 24th June 2012 quote quote all
Zwolf said:
Of course, provided it's legal tax avoidance, rather than commit tax evasion. I don't fancy prison at all.
+1

Like most of us, I'm inherently selfish and want a nice TVR.

TwigtheWonderkid

6,018 posts

19 months

[news] 
Sunday 24th June 2012 quote quote all
No, I wouldn't. Not taking the moral high ground, I might do if the top rate was silly. But a top rate of tax of 45% is quite reasonable, and I think it's right that I contribute my fair share to the country. After all, I have 2 kids in free education, a police force, army etc. I'm happy to pay a reasonable % for that.

And I earn considerably less than Jimmy Carr!!
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HeatonNorris

1,649 posts

17 months

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Sunday 24th June 2012 quote quote all
Zwolf said:
Of course, provided it's legal tax avoidance, rather than commit tax evasion. I don't fancy prison at all.
The 'Carr' scheme hasn't been tested in court, so it may well become illegal.

Didn't something similar happen with a scheme used by IT contractors recently?- it was tested in court, found to be illegal, and the Revenue are now chasing for payment.

A tested and legal avoidance scheme - yes, I'd do that.

One of these 'grey areas' where it's only exploitable until the Revenue get around to testing in court... no, definitely not.

Comfortably Dumb

1,230 posts

54 months

[news] 
Sunday 24th June 2012 quote quote all
TwigtheWonderkid said:
No, I wouldn't. Not taking the moral high ground, I might do if the top rate was silly. But a top rate of tax of 45% is quite reasonable, and I think it's right that I contribute my fair share to the country. After all, I have 2 kids in free education, a police force, army etc. I'm happy to pay a reasonable % for that.

And I earn considerably less than Jimmy Carr!!
Many higher rate tax payers will have private health and education, yet they pay a greater overall percentage of their earning as tax. Hardly their "fair share"!

Personally I'd use every tax avoidance scheme possible to reduce my liability. I'd like to see a single flat rate of tax, everybody pays x% of their earnings.


Edited by Comfortably Dumb on Sunday 24th June 10:33

Eric Mc

67,253 posts

134 months

[news] 
Sunday 24th June 2012 quote quote all
I could and I don't.

There are lots of less aggressive tax avoidance measures that are perfectly workable and far less controversial that can be used to mitigate ones taxes without being extreme.

Pommygranite

4,158 posts

85 months

[news] 
Sunday 24th June 2012 quote quote all
Eric Mc said:
I could and I don't.

There are lots of less aggressive tax avoidance measures that are perfectly workable and far less controversial that can be used to mitigate ones taxes without being extreme.
But would you not argue the risk for him it's worth the reward given the level of money he'd save as opposed to £100-150k? It's worth the effort when it's in the millions.

BenM77

2,106 posts

33 months

[news] 
Sunday 24th June 2012 quote quote all

I wouldn't, it is odd to me that anyone would want to cheat the system (legal or not).

As pointed out already, the services we all enjoy do not pay for themselves. Why would you expect something for nothing ?

NightRunner

4,228 posts

63 months

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Sunday 24th June 2012 quote quote all
BenM77 said:
I wouldn't, it is odd to me that anyone would want to cheat the system (legal or not).

As pointed out already, the services we all enjoy do not pay for themselves. Why would you expect something for nothing ?
If it's legal, how is it cheating?

Think of it the other way, if you don't do it, you're just making a donation to the G'ment.

VinceFox

14,143 posts

41 months

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Sunday 24th June 2012 quote quote all
Yes.

And frankly a prime minister describing legal tax avoidance as immoral is one of the most ridiculas things ive heard this year.

Shay HTFC

2,935 posts

58 months

[news] 
Sunday 24th June 2012 quote quote all
NightRunner said:
BenM77 said:
I wouldn't, it is odd to me that anyone would want to cheat the system (legal or not).

As pointed out already, the services we all enjoy do not pay for themselves. Why would you expect something for nothing ?
If it's legal, how is it cheating?

Think of it the other way, if you don't do it, you're just making a donation to the G'ment.
I'd feel uneasy about it if it meant I had to pretend I wasn't a fulltime UK citizen or had to route my income through a charity or whatnot. I'd consider that cheating.

BenM77

2,106 posts

33 months

[news] 
Sunday 24th June 2012 quote quote all
NightRunner said:
BenM77 said:
I wouldn't, it is odd to me that anyone would want to cheat the system (legal or not).

As pointed out already, the services we all enjoy do not pay for themselves. Why would you expect something for nothing ?
If it's legal, how is it cheating?

Think of it the other way, if you don't do it, you're just making a donation to the G'ment.
I am sure you are joking, your taxes are what makes this Country great. Your 'donation' to the government is what pays for the NHS to look after your family member through cancer etc. this thread is bks.

What if everyone did it ? What a great Country we would all live in then.

VinceFox

14,143 posts

41 months

[news] 
Sunday 24th June 2012 quote quote all
BenM77 said:
NightRunner said:
BenM77 said:
I wouldn't, it is odd to me that anyone would want to cheat the system (legal or not).

As pointed out already, the services we all enjoy do not pay for themselves. Why would you expect something for nothing ?
If it's legal, how is it cheating?

Think of it the other way, if you don't do it, you're just making a donation to the G'ment.
I am sure you are joking, your taxes are what makes this Country great. Your 'donation' to the government is what pays for the NHS to look after you family member through cancer etc. this thread is bks.

What if everyone did it ? What a great Country we would all live in then.
Then it's the job of government to make it ILLEGAL.

BenM77

2,106 posts

33 months

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Sunday 24th June 2012 quote quote all
VinceFox said:
Then it's the job of government to make it ILLEGAL.
Not a great argument, if you know what you are doing is Legal but Immoral then the only difference is the consequences.


VinceFox

14,143 posts

41 months

[news] 
Sunday 24th June 2012 quote quote all
BenM77 said:
VinceFox said:
Then it's the job of government to make it ILLEGAL.
Not a great argument, if you know what you are doing is Legal but Immoral then the only difference is the consequences.
I'm not the PM though. The one using the term "immoral" is. It has a similar feel to bad parents moaning about the behaviour of their children, to me.

Alex

6,241 posts

153 months

[news] 
Sunday 24th June 2012 quote quote all
TwigtheWonderkid said:
But a top rate of tax of 45% is quite reasonable
No, it's not.

rumple

2,493 posts

20 months

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Sunday 24th June 2012 quote quote all
I would, good luck to him, amazing listening to politicians lecturing on morals, that one made me laugh out loud

Countdown

6,336 posts

65 months

[news] 
Sunday 24th June 2012 quote quote all
TwigtheWonderkid said:
No, I wouldn't. Not taking the moral high ground, I might do if the top rate was silly. But a top rate of tax of 45% is quite reasonable, and I think it's right that I contribute my fair share to the country. After all, I have 2 kids in free education, a police force, army etc. I'm happy to pay a reasonable % for that.

And I earn considerably less than Jimmy Carr!!
Exactly.

Compared to the lives my grandparents had I live in a veritable utopia. Paying my taxes is the least I can do.
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