I'm with you on that Gordon. If the government do not have the wit to make legal tax avoidance illegal then people will take advantage. I have never paid more tax than I absolutely have to and don't blame anyone for legally trying to keep their hard earned money rather than give it to work shy shirkers.
Thanks Steve you have just proved my point
. In any case it is your country so go ahead as you please. I'm just glad we don't have that number of guns over here.Or pay for a new school, or a new hospital, or work place training for a shirker, or maybe a new train line or a road. The tax rules are way to complex so of course people find ways round them, cash in hand at the bottom, offshore shell compaines at the top. You are right if it is not illegal people will take advantage, they will never close the loop holes as way too many of their types are involved and benifiting from it. Much easier to create a new poor tax.
Still laughing at your post
As long as it's legal, Yes. I'll bet they are laughing more than you are.Still laughing at your post
So these lot are doing the right thing then?
https://www.thesun.co.uk/news/4853918/paradise-papers-list-mrs-browns-boys-tax-haven/
All the way to the bank I'm sure, perhaps they can get there on Lewis's VAT free jet. You have to ask how can it be legal to to paid into a offshore company then get the money back as a loan, then not pay the loan back. As you po9inted out governments should shut this kind of stuff down. Also I'm not buying that 'they knew nothing about it', they will have been advised this is the best way to avoid as much tax as possible but if anyone asks play dumb.
Tax avoidance is as much a problem as tax evasion. Cameron came to power in 2010 with a promise to cut red tape since when the number of ways of avoiding tax have risen from around 900 to more than 1,200!Still laughing at your post
So these lot are doing the right thing then?
https://www.thesun.co.uk/news/4853918/paradise-papers-list-mrs-browns-boys-tax-haven/
Of course they've been advised! How can it be legal? It appears that it is until a law is made to say otherwise and no laws should be retrospective.
It keeps being changed but I'm pretty sure that 'normal' people aren't allowed to put more than 1 million into a pension. If Veale's done 30 years then does that mean the taxpayer has paid in the region of £70,000 p.a. into his pension pot on top of his police salary?.... and no doubt his police house etc. If so then it's one rule for the public servants and another for us.
It's one rule for top public servants (but not those in the middle and at the bottom) and a tax avoiding/evading rule for those at the top of private corporations.
Why did we have to wait for Cameron to do that task? Labour had been in power for 13 years by then.
The wealthy can afford to have accountants and tax advisers to handle their bunce. We can't. You will prob be PAYE too so it's gone before you know it. The instruction will be to minimise their tax burden and to do it legally. After that those wealthy individuals will have very little to do with it all except sign on a few dotted lines. Responsibility will lie with them of course but it's such a specialist subject that few laymen can ever be expected to know the intricacies of the system.
First point is a non-sequiteur and irrelevant from the point I was making.
As in 'innocent until proven guilty'
I guess that's linked to individual ambition and the incentive to get to the top then.
1. Of course it's relevant. You are criticising Cameron for not doing something that Labour should have done themselves.
No problem with ambition and success, as long as the highest earners are not avoiding their moral and public duties and are paying the same taxes as everyone else.