Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#1
Today we hear that the big noises at the top of the customs has been doing cosy deals with the bigger companies and not collecting many tax's whlst the smaller companies have bit hit hard
the chief who authorised all this is always happens when these things come to light leaving the job
what do forumites think
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Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
#2
Not seen the story Keith but it sounds like fraud to me if taxes that should have been paid have not?
Audere est facere.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#3
IT appears customs refused to answer questionsand appear before the parlimentary committee and many big companies been let off tax
such as vodafone etc.
been cited that 6 plumbers been taken to court for unpaid tax's(rightly) whilst big companies been let off millions if not billions
source, BBC
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Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
#4
its time to get tough on these tax dodgers,the extra dosh would come in usefull.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#5
Not necessarily 'tax dodgers as such. No-one wants to pay more tax than they have to. The issue here really is whether HMRC are properly pursuing justified tax payments or whether tackling these big companies and their accountants is just too hard for them and they go for easy targets instead. There is clearly an issue here that needs to be looked at.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#6
I don't disagree with your comments baz
but serious questions need to be asked of the customs
and certainly a change in there operations
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Guest 716- Registered: 9 Jun 2011
- Posts: 4,010
#7
Commons Public Accounts committee revealed a ``Sweetheart Tax`` agreement between HMRC and Big Business
£ 25 Billion of outstanding unresolved tax bills are involved.Investigations continue.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#8
the figures are mind blowing, no wonder vodafone had their offices occupied by protestors.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#9
yes theres little way to wriggle out of this one
time to call time on all this
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Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
#10
I believe there are even people who make a living out of advising people how to dodge taxes
Audere est facere.
DT1- Location: Dover
- Registered: 15 Apr 2008
- Posts: 1,116
#11
Not 'dodge' Martin, merely advise on how to exploit legal loopholes. This practice is all legal, so that makes it fine.
It is also legal to claim job seeker's allowance without actually wanting to get a job...so that's fine too.
Nobody wants to pay too much in tax. Apparently higher taxes result in people working less - It's a shame no one has ever tried to relate this obvious 'bell curve' mentality to the cost of living!
Guest 715- Registered: 9 Jun 2011
- Posts: 2,438
#12
There was a
at the end DT1
Audere est facere.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#13
you may have misread darren's sledgehammer wit martin.
he is the only person i know that is more sarcastic than me.
DT1- Location: Dover
- Registered: 15 Apr 2008
- Posts: 1,116
#14
It's not sarcasm Howard. It's an exercise in empathy.
Martin, I am with you...I think.
As for emoticons, I don't think I understand how to use them. I'll give it a go:
David Cameron is great
See, even that seems sarcastic.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#15
Well I certainly hope that you Darren and you Martin make sure that you use all the perfectly legal means available to you to ensure that you do not pay more tax than you really have to.
Like making pension contributions
Like using ISA allowances.
Making sure personal tax allowances are efficiently used including where appropriate the age allowance.
Like making sure any money you have is not suffering 'double taxation'
Perhaps making sure that you are utilising gift allowances and CGT allowances
Wills and trusts may also be relevant too.
etc etc
More fool you if you are not doing so. It is not only the rich who need to make sure they do not pay more tax than they have to.
There was the 70 year old lady a few weeks ago suffering an effective 30% tax on her modest savings - I was able to increase her income and reduce her tax rate back to 20%. Yes, I am proud to help people to minimise their tax liabilities and it is one of the things I am good at.
DT1- Location: Dover
- Registered: 15 Apr 2008
- Posts: 1,116
#16
I certainly am, as of April I plan to be making even more pension contributions.
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
#17
good idea darren the more you pay in the longer it will be before you retire.
you know it makes sense.
dave and george will empathise with you and are sharing the pain.
Guest 698- Registered: 28 May 2010
- Posts: 8,664
#18
Also make sure that all your charitable donations qualify for Gift Aid.
I'm an optimist. But I'm an optimist who takes my raincoat - Harold Wilson
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,948
#19
I think peter on the charity front
i'm a lot more cautious on the charity donations having seeb first hand that a lot of the fund raisers private comp;anies get a lot of the chairty money raised before it ever reaches the national charities.
i'm more rel;uctant these days to give freely to charity.
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Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
#20
But Darren - think of all those employer donations too - many time higher than what you pay and most people can even think of paying into their own...