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WikiGeaks to release details of 2000 tax EVADERS!!

2

Comments

  • Asheron
    Asheron Posts: 1,229 Forumite
    They are not Evaders, the system is set up to allow the super rich to not pay Tax. Simple
    http://www.bbc.co.uk/news/business-12205690


    How interesting.


    This should stir things up a little on the "we are all in it together" front.......
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 17 January 2011 at 8:47PM
    A non-declared offshore account is tax evasion and the fines are huge. The tax is back dated and multiplied by up to 2.
    http://www.hmrc.gov.uk/about/tackling-offshore-tax-evasion.htm
  • AndyGuil wrote: »
    A non-declared offshore account is tax evasion and the fines are huge. The tax is back dated and multiplied by up to 2.
    http://www.hmrc.gov.uk/about/tackling-offshore-tax-evasion.htm


    One of the better laws Labour brought in.



    Shame they didn't go further on that one.
    Not Again
  • I wonder how many politicians are in there ?
    Blessed are the cracked for they are the ones that let in the light
    C.R.A.P R.O.L.L.Z. Member #35 Butterfly Brain + OH - Foraging Fixers
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  • ceridwen
    ceridwen Posts: 11,547 Forumite
    10,000 Posts Combo Breaker
    vivatifosi wrote: »
    If they've been evading tax rather than avoiding it, serves them right.

    Evading or avoiding - its wrong to do either. Think the difference lies in one being illegal and the other just being immoral.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    ceridwen wrote: »
    Evading or avoiding - its wrong to do either. Think the difference lies in one being illegal and the other just being immoral.


    You know what? I'm fed up of paying tax ATM for paying for other things I happen to think are immoral.

    I we could legally avoid some I don't think I'd feel too immoral ATM. I could plant trees or buy books for my library or save the whales with it.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    ceridwen wrote: »
    Evading or avoiding - its wrong to do either. Think the difference lies in one being illegal and the other just being immoral.

    I don't have a problem with tax avoidance, its evasion that's the issue. The problem with avoidance is that it has a bad image yet a lot of us do it without realising. Putting money in an ISA is avoiding paying tax on it. Paying some dividends out of a business rather than a salary thus reducing tax take is another. I don't have a problem with anything like that.
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You know what? I'm fed up of paying tax ATM for paying for other things I happen to think are immoral.

    I we could legally avoid some I don't think I'd feel too immoral ATM. I could plant trees or buy books for my library or save the whales with it.

    You could donate to a charity and write off the tax if that is what you mean? http://www.hmrc.gov.uk/individuals/giving/basics.htm
  • I wonder how many politicians are in there ?


    Or Royalty, Presidents, Members of the UN etc
    Not Again
  • Tr1pp
    Tr1pp Posts: 277 Forumite
    vivatifosi wrote: »
    Putting money in an ISA is avoiding paying tax on it.

    well yes technically it is, except people dont go to extraordinary lengths to hide the fact they have an ISA. you cant take a saving package like an ISA and put it next to and undeclared swiss bank account (for example) and say its pretty much the same!

    Honestly if i had that kind of money where i could pay someone to sniff out tax loopholes i probably would but what will get my back up is if it turns out that the people who are in power, who spout about "doing your share, blah blah blah" are the ones who are doing all the dodging...suppose we will see
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