ChatterBank0 min ago
Lord Rothermere
15 Answers
With the recession in full swing and thousands of people being made redundant, isn't heart warming to know that there are some people who doing rather well for themselves?
Take Lord Rothermere. He's the owner of the Daily Mail and the chairman of General Trust. He lives in a huge house set in 220 acres of Wiltshire countryside. He earns a salary of �415,000 and is reportedly worth �825 million.
We should be grateful for people like this because think of all the tax they pay to the UK Government � and let's face it, we need all money we can get nowadays.
So how much tax do you think Lord Rothermere pays to HM Government?
Nothing. Zero.
He's classed as a 'non-domicle'. He owns his newspaper group through tax havens including Bermuda.
http://www.private-eye.co.uk/sections.php?sect ion_link=in_the_back&issue=1231
http://www.socialistparty.org.uk/articles/7091
Take Lord Rothermere. He's the owner of the Daily Mail and the chairman of General Trust. He lives in a huge house set in 220 acres of Wiltshire countryside. He earns a salary of �415,000 and is reportedly worth �825 million.
We should be grateful for people like this because think of all the tax they pay to the UK Government � and let's face it, we need all money we can get nowadays.
So how much tax do you think Lord Rothermere pays to HM Government?
Nothing. Zero.
He's classed as a 'non-domicle'. He owns his newspaper group through tax havens including Bermuda.
http://www.private-eye.co.uk/sections.php?sect ion_link=in_the_back&issue=1231
http://www.socialistparty.org.uk/articles/7091
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When I heard about this I was furious.
Also, even though this is a well known fact amongst the various newspaper editors, none of them will report on it.
Why? Because of what the former Daily Mail's editor, David English, called the 'proprietors' club'. All newspaper editors agree not to report on each other for fear of mutual destruction.
Sickening or what?
Also, even though this is a well known fact amongst the various newspaper editors, none of them will report on it.
Why? Because of what the former Daily Mail's editor, David English, called the 'proprietors' club'. All newspaper editors agree not to report on each other for fear of mutual destruction.
Sickening or what?
For example, see this piece in the Guardian...
http://www.guardian.co.uk/media/2001/jul/16/me diatop100200166
There's a line in there which says, '...with a fortune of �1.3bn (tax-free thanks to his father's tax exile status).'
No criticism Mr Guardian?
No hint of, 'hang, isn't he a UK resident? Why is he exempt from paying UK tax?'
Just a deafening silence.
http://www.guardian.co.uk/media/2001/jul/16/me diatop100200166
There's a line in there which says, '...with a fortune of �1.3bn (tax-free thanks to his father's tax exile status).'
No criticism Mr Guardian?
No hint of, 'hang, isn't he a UK resident? Why is he exempt from paying UK tax?'
Just a deafening silence.
To pay UK tax you have to live in the UK for a certain number of days.
If you have enough homes round the world you can live for a number of days in each, thus avoiding paying tax in any of the countries in which you have houses.
I believe Rupert Murdoch (owner of Sky and the Sun and Times) also pays no UK tax.
Nothing stopping any of us doing it (except most of us need to stay in the UK for 300+ days a year to do our jobs).
If you have enough homes round the world you can live for a number of days in each, thus avoiding paying tax in any of the countries in which you have houses.
I believe Rupert Murdoch (owner of Sky and the Sun and Times) also pays no UK tax.
Nothing stopping any of us doing it (except most of us need to stay in the UK for 300+ days a year to do our jobs).
Many UK film stars and UK pop stars also make sure they dont spend too many days in the UK so they avoid paying UK tax.
I remember the Rolling Stones a few years ago cut short a UK tour so they (and their road crew) did not overstay their time here and have to pay tax on all their earnings.
So I think you will find it is not just rich media owners that do it, but many many rich people.
After all ,we would probably all do the same if we could avoid paying tax on our vast fortunes.
I remember the Rolling Stones a few years ago cut short a UK tour so they (and their road crew) did not overstay their time here and have to pay tax on all their earnings.
So I think you will find it is not just rich media owners that do it, but many many rich people.
After all ,we would probably all do the same if we could avoid paying tax on our vast fortunes.
One further thing.
I am no tax expert (far from it) bit I believe if you DO live in the UK long enough to pay UK tax, the tax can be due on ALL your earnings, even if a lot of it was not earned in the UK.
A few years ago there was an attempt by Wembley stadium to get a large European soccer final.
One of the rules for being given a final is that NONE of the players or staff of the clubs who come to the play in the final will be subject to UK tax.
The UK revenue would not agree to that at the time, so the final was not given to Wembley.
The revenue later agreed to it, so a final was awarded to the UK.
Personal tax across country boundries is a very complex thing.
I am no tax expert (far from it) bit I believe if you DO live in the UK long enough to pay UK tax, the tax can be due on ALL your earnings, even if a lot of it was not earned in the UK.
A few years ago there was an attempt by Wembley stadium to get a large European soccer final.
One of the rules for being given a final is that NONE of the players or staff of the clubs who come to the play in the final will be subject to UK tax.
The UK revenue would not agree to that at the time, so the final was not given to Wembley.
The revenue later agreed to it, so a final was awarded to the UK.
Personal tax across country boundries is a very complex thing.
One other thing.
Dont Tesco send many of their CDs and DVDS orderded online out from Jersey to the UK to avoid paying VAT on them?
It could be argued that any of us who have bought a Cd or DVD from Tesco Jersey have also avoided paying UK tax.
Not much I know, but if you added up all the VAT avoided I bet it comes to a huge amount.
Dont Tesco send many of their CDs and DVDS orderded online out from Jersey to the UK to avoid paying VAT on them?
It could be argued that any of us who have bought a Cd or DVD from Tesco Jersey have also avoided paying UK tax.
Not much I know, but if you added up all the VAT avoided I bet it comes to a huge amount.
VHG - �I believe Rupert Murdoch (owner of Sky and the Sun and Times) also pays no UK tax.�
Correct. However, he is Australian and does not reside full time in the UK.
�After all ,we would probably all do the same if we could avoid paying tax on our vast fortunes.�
Would we? Speak for yourself.
Dave Hartnett, the boss of HM Revenue and Customs pressured inspectors to drop an investigation into the bizarre arrangement under which the English born Rothermere is considered domiciled abroad while living in the UK. Hartnett's intervention countermanded the judgement of investigators, a high level strategy board and Government lawyers that there was an overwhelming case to overturn Rothermere's non-domiciled status.
Don't you care about vastly wealthy UK residents who do no contribute one penny of their colossal fortunes to the UK treasury? Normal working people in this country would soon find themselves in hot water if they attempted to avoid paying tax.
Correct. However, he is Australian and does not reside full time in the UK.
�After all ,we would probably all do the same if we could avoid paying tax on our vast fortunes.�
Would we? Speak for yourself.
Dave Hartnett, the boss of HM Revenue and Customs pressured inspectors to drop an investigation into the bizarre arrangement under which the English born Rothermere is considered domiciled abroad while living in the UK. Hartnett's intervention countermanded the judgement of investigators, a high level strategy board and Government lawyers that there was an overwhelming case to overturn Rothermere's non-domiciled status.
Don't you care about vastly wealthy UK residents who do no contribute one penny of their colossal fortunes to the UK treasury? Normal working people in this country would soon find themselves in hot water if they attempted to avoid paying tax.
Did you know that it is estimated that Rothermere and his ilk � UK residents and UK based businesses, registered in tax havens � cost this Government over �100 billion in taxes?
Maybe you don't care about any of that.
But when I see tax and national insurance automatically deducted from my salary, it infuriates me that some UK residents who have enormous incomes pay absolutely nothing to the tax-man. This loop-hole increases the tax burden on everyone who pays their way.
Maybe you don't care about any of that.
But when I see tax and national insurance automatically deducted from my salary, it infuriates me that some UK residents who have enormous incomes pay absolutely nothing to the tax-man. This loop-hole increases the tax burden on everyone who pays their way.
The �bn's lost to our economy is enormous and makes you wonder how they get away with it.
http://www.independent.co.uk/news/uk/politics/ wealthy-avoid-16313bn-of-tax-every-year-776741 .html
http://www.independent.co.uk/news/uk/politics/ wealthy-avoid-16313bn-of-tax-every-year-776741 .html
-- answer removed --
Your thread also highlights the hypocrisy of certain newspapers who are only too happy to condemn people on benefits for being a drain on society. The money lost to the system by such 'legal loopholes' in the tax system is far worse in my opinion, particularly as these are often the people who most enjoy the perks of living in British society.
>�After all ,we would probably all do the same if we
>could avoid paying tax on our vast fortunes.�
>Would we? Speak for yourself.
Oh come on, dont be so pious.
Suppose you had many millions and you were told that by staying in the UK for over 70 days a year (or however many days it is) ALL your earnings would be subject to UK tax.
You cant tell me you would volunteer to stay here all year when you had a home in say France you could live in for part of the year to avoid UK tax.
It is even worse knowing that the UK tax you paid would be used to pay millions in fraudulent beneit claims, or to pay for computer sysems that cost millions and never work, or to pay MPs dubious expenses.
A few years ago I had a well paid job, but was paying a lot in tax. About 5 years ago I had the chance to take early retirement (with a decent pension).
I was fed up with my tax being used to pay benefits for all these immigrants and benefit fraudsters, so I retired and now feel a lot happier that I am not paying to support these scum.
>could avoid paying tax on our vast fortunes.�
>Would we? Speak for yourself.
Oh come on, dont be so pious.
Suppose you had many millions and you were told that by staying in the UK for over 70 days a year (or however many days it is) ALL your earnings would be subject to UK tax.
You cant tell me you would volunteer to stay here all year when you had a home in say France you could live in for part of the year to avoid UK tax.
It is even worse knowing that the UK tax you paid would be used to pay millions in fraudulent beneit claims, or to pay for computer sysems that cost millions and never work, or to pay MPs dubious expenses.
A few years ago I had a well paid job, but was paying a lot in tax. About 5 years ago I had the chance to take early retirement (with a decent pension).
I was fed up with my tax being used to pay benefits for all these immigrants and benefit fraudsters, so I retired and now feel a lot happier that I am not paying to support these scum.
Pious? Well, that speaks volumes - the fact you cannot even countenance the idea that someone wouldn't avoid tax wherever possible.
It's a fairly common stance though - bemoaning the decline of the country, carping on about broken Britain, pointing the finger of blame at the world. And then the one opportunity you have to actually take some responsibility and put your money where your mouth is for the benefit of your beloved country, you go out of your way to avoid it.
And dressing up miserliness and self-interest as some philosophical stand against the benefits system is utterly transparent. Nice try though.
It's a fairly common stance though - bemoaning the decline of the country, carping on about broken Britain, pointing the finger of blame at the world. And then the one opportunity you have to actually take some responsibility and put your money where your mouth is for the benefit of your beloved country, you go out of your way to avoid it.
And dressing up miserliness and self-interest as some philosophical stand against the benefits system is utterly transparent. Nice try though.
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