We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

eBay seller? Private tutor? The taxman cometh....

135

Comments

  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Loopgames wrote: »
    I don't understand why they don't get the corporations to pay their bills - didn't they let off Vodafone from paying £6million or something of that amount?

    It only makes sense when you realise that it's easier to punish people you don't know than those business men who make 'contributions' to your party. It's a special kind of caste system..and it's always been around.

    They don't let companies off paying tax, but the system is set up such that it is an incentive to keep income from international markets out of the UK. Trying to clamp down on this is futile as companies just move abroad, best to incentivise them staying here and offering jobs by using competitive tax.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    I must be one of the few people pro this...if it happens. (and is cost effective to implement). I can't see how they can get true cash traders, and I think they are bigger than estimated.
  • AndyGuil
    AndyGuil Posts: 1,668 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I must be one of the few people pro this...if it happens. (and is cost effective to implement). I can't see how they can get true cash traders, and I think they are bigger than estimated.
    I support it. Tax dodging like this is rife in Greece and look what is happening to them.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I must be one of the few people pro this...if it happens. (and is cost effective to implement). I can't see how they can get true cash traders, and I think they are bigger than estimated.

    I think it happens on a much larger scale than estimated too.

    A friend of mine did tutoring a couple of months ago and earnt about a grand in a month. He has a proper job through which he pays tax on the standard PAYE thingy thing, so he owes HMRC about £200. But there's no record of the tutoring, no receipts. I don't know if he banked the money - not the sharpest knife in the drawer so probably did, but you get my point.

    He's just one guy, and ok it's 'only' £200, but scale that up and it gets expensive.

    There's no reason not to go after these people, but I just don't see how it can be done.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Masomnia wrote: »
    He's just one guy, and ok it's 'only' £200, but scale that up and it gets expensive.

    I see it on a far bigger scale too. People's sole/main incomes not there £200 here and there ones. Often, because its cash and they trade in cash they are, on paper, very poorly off and entitled to benefits. which is a double whammy of ''unfair'' because they are able to take from a pool there for those who need it AND evade putting into the pool for those who need it!
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    quantic wrote: »
    I know of a few people who are on benefits and are pretty heavy ebay sellers, who pay no tax - nor do they disclose their income. I hope this puts an end to this.

    You could always report them rather than just hoping someone will notice...
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Loopgames wrote: »
    I don't understand why they don't get the corporations to pay their bills - didn't they let off Vodafone from paying £6million or something of that amount?

    It only makes sense when you realise that it's easier to punish people you don't know than those business men who make 'contributions' to your party. It's a special kind of caste system..and it's always been around.

    close. You're only 4,594 million out!
  • BitterAndTwisted
    BitterAndTwisted Posts: 22,492 Forumite
    10,000 Posts Combo Breaker
    AndyGuil wrote: »
    I support it. Tax dodging like this is rife in Greece and look what is happening to them.

    Quite. I know that it's common practice for family-run businesses in Greece to have three sets of accounts: one for the tax-man, another for the family and the third is the real one kept under lock and key.

    Plus, corruption is rife and widely known in some parts, especially the islands. If you haven't got a cousin or distant relly in the police, local planning or the judiciary you're scuppered. There are also protection rackets allegedly run by the Russians in all sorts of places. You can tell by the security stickers on the windows of shops.
  • Loopgames
    Loopgames Posts: 805 Forumite
    close. You're only 4,594 million out!

    I get my billions and milliions mixed up all the time - it drives my accountant nuts:p
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    Loopgames wrote: »
    I get my billions and milliions mixed up all the time - it drives my accountant nuts:p

    Just be careful if you do it with the taxman Mr Branson;).
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.