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Taxman targets 100,000 top earners to claw back millions

2

Comments

  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    chucky wrote: »
    it's quite a straightforward way to run a business.
    it's how most businesses function

    just because it's not HPC friendly doesn't mean it's illegal :eek:


    sorry i'm not Russian. are you?

    Did I say it was illegal?
    Did I say I was Russian?

    What I said was: I hereby submit exhibit (a) in evidence of overly complex and lax UK tax law.

    Why are you trying to change the subject matter?
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    chucky wrote: »
    yep - not sure how long it will be valid for though

    you could always move abroad and have the Ltd Co as a non-dom

    PCG has loads of good stuff on it - aren't you with them?

    Exhibit (b). More evidence of loopholes. Too complex tax law when it should be simple and effective.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Did I say it was illegal?
    Did I say I was Russian?
    you don't seem happy about it - lifes not fair though.
    most people just get over it
    Malcolm. wrote: »
    What I said was: I hereby submit exhibit (a) in evidence of overly complex and lax UK tax law.

    Why are you trying to change the subject matter?
    not guilty m'lord - that would be other people that frequent this forum that use the chewbacca technique
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Malcolm. wrote: »
    I'm not happy with people avoiding taxes at the expense of others simply because they have a good accountant.

    Are you?
    the rules are there - you adhere by them and you've obviously done nothing wrong.

    if the govt wanted to change them or thought that they were wrong they would be changing them. the govt need as much revenue as they can get, i don't think they'll be letting people avoid taxes because it's not just fair and you're complaining
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    chucky wrote: »
    the rules are there - you adhere by them and you've obviously done nothing wrong.

    if the govt wanted to change them or thought that they were wrong they would be changing them. the govt need as much revenue as they can get, i don't think they'll be letting people avoid taxes because it's not just fair and you're complaining

    Nothing wrong legally, but morally and ethically...

    But the government have a vested interest in allowing tax loopholes, especially in relation to property.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Nothing wrong legally, but morally and ethically...
    if you feel that strongly about it, why don't you pay extra tax and be morally and ethically content. you could be visionary setting an example to others.

    what do you think?
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Malcolm. wrote: »
    I'm not happy with people avoiding taxes at the expense of others simply because they have a good accountant.

    Are you?


    I don't think it is simply because they have a good accountant.

    I think there are other factors...eg: the rate of taxation they are avoiding, that society doesn't turn on non-contributors, that we demonize rather than cleverly flirt with the rich...
  • Malcolm.
    Malcolm. Posts: 1,079 Forumite
    chucky wrote: »
    if you feel that strongly about it, why don't you pay extra tax and be morally and ethically content. you could be visionary setting an example to others.

    what do you think?

    I give to charities where I can see the amount spent in administration.

    The public sector has too much waste.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Malcolm. wrote: »
    I give to charities where I can see the amount spent in administration.
    good man - you sound like a nice guy :)
    Malcolm. wrote: »
    The public sector has too much waste.
    you're one of them then

    you'll be able to take part in some interesting debates on here then!!
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Malcolm. wrote: »
    Nothing wrong legally, but morally and ethically...

    But the government have a vested interest in allowing tax loopholes, especially in relation to property.
    i've just received this article by email...

    it looks like it just won't be the current Government either :eek:
    The Daily Telegraph has published an article indicating that the Conservative Party are planning to reform the tax system “so that it no longer assumes the self-employed are ‘on the fiddle’.

    http://www.pcg.org.uk/cms/index.php?option=com_content&view=article&id=6227:daily-telegraph-says-tories-see-vote-winner-in-reform-of-tax-system-for-self-employed&catid=745:pcg-news&Itemid=1053
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