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People Being Lambasted For Reducing Their Tax Burden.
Why all the pious posturing from the likes of Corbyn and McDonnell?
Is it now a crime in this country to save money?
As it stands the people named in the Paradise Papers have done nothing wrong - they have saved money through entirely legitimate means, so bloody good luck to them.
There is not a single tax payer in the UK who, if offered a completely legitimate way to pay £50 tax rather than £100, wouldn't grasp it with both hands (if they say they wouldn't they are either liars or there's something wrong with them) so I really don't see the difference.
As is usual when we're talking about people who have so much more money than most, this boils down to jealousy.
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Is it now a crime in this country to save money?
As it stands the people named in the Paradise Papers have done nothing wrong - they have saved money through entirely legitimate means, so bloody good luck to them.
There is not a single tax payer in the UK who, if offered a completely legitimate way to pay £50 tax rather than £100, wouldn't grasp it with both hands (if they say they wouldn't they are either liars or there's something wrong with them) so I really don't see the difference.
As is usual when we're talking about people who have so much more money than most, this boils down to jealousy.
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Answers
My neighbour told me he was buying a smaller car because he'd pay less road tax and spend much less on petrol, most of which is tax of course. He said he was going to put the money he made on selling his old car into a tax efficient ISA. Immoral tax-dodging scumbag or what?
11:59 Tue 07th Nov 2017
Rubbish. What was revealed yesterday was tax avoidance, on a truly grand scale. Just look at what some of the cast of Mrs Browns Boys have been getting up to.
The HMRC should get up off their asses and start closing down all these loop holes in our tax laws. I and everybody else here on AB have to be pay our fair share of taxes, and so should everybody else.
The HMRC should get up off their asses and start closing down all these loop holes in our tax laws. I and everybody else here on AB have to be pay our fair share of taxes, and so should everybody else.
Those who are avoiding paying income tax having their wages paid into a company outside the UK which then gives it back as a loan that will never be repaid, will still expect to get NHS treatment which they have not paid for.
Possibly the NHS should start asking for proof that you have paid your legitimately required income tax before giving free treatment?
Possibly the NHS should start asking for proof that you have paid your legitimately required income tax before giving free treatment?
That's the issue. No one suggests it's illegal, it's about morality. A deliberately created tax saving opportunity is a completely legitimate way to save tax. Spotting a loophole that was never intended, no matter how simple or convoluted, and abusing it in order to not contribute one's fair share, and leave the rest of society to pick up your slack, is alegal yet illegitimate way to save tax.
It is for governments to close loopholes where found, but it doesn't mean it's morally right to dump on everyone else using them.
As usual someone claims that inequality is about jealousy rather than admit it's about doing the right thing. That never convinces anyone save those who want to believe it.
It is for governments to close loopholes where found, but it doesn't mean it's morally right to dump on everyone else using them.
As usual someone claims that inequality is about jealousy rather than admit it's about doing the right thing. That never convinces anyone save those who want to believe it.
Haha, now we have the, "it is their fault the NHS is struggling" wailers. Do you think any of the people being used as whipping boys(and girls), have perhaps private health arrangements? Bet none of them join a queue behind people who have never contributed a penny. Still, it is a vent for the hand wringers.
^ Did anyone notice the bit where the Isle of Man government chief finance officer actually admitted he had changed the law just to make it easier for the ultra rich to avoid tax ? He had actually asked a firm of solicitors for suggestions as to how best to change the law to suit their clients needs!
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