does moving money constitute 'income'?

masonic

oldwiring wrote:

OT and sorrry, but I could not aviod thinking that we don't want the dour scotsman or HMRC getting ideas. It'd be a winner for Them. Move Money from bank A to bank B and get taxed at 22 or 40%

I can think of a few types of income that are not taxed.

oldwiring

masonic wrote:

I can think of a few types of income that are not taxed.

Like black economy income, but I was making a joke about MR Brown looking at this thread and deciding to tax one's money every time it moved.

Is wry and cynical humour banned?

masonic

oldwiring wrote:

Like black economy income, but I was making a joke about MR Brown looking at this thread and deciding to tax one's money every time it moved.

Why suppose I was referring to illicit practices? I was thinking more along the lines of income from various tax free savings/investment products, certain pensions, various benefits, student grants/loans, gifts, etc. I was just pointing out that you can already have an income without being liable for tax.

oldwiring wrote:

Is wry and cynical humour banned?

Why, have you seen any?