goldfinger
- 09 Jun 2005 12:25
Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).
Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.
cheers GF.
required field
- 16 Jan 2014 19:13
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More important than the muppet politics is that "Trigger" is no longer with us ! Roger Lloyd PACK has passed away !......never will be forgotten....with "only fools and horses" coming back...how can the return start except by a tribute to : this great actor/comedian !...
Fred1new
- 16 Jan 2014 20:07
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Osborne's latest u-turn of Minimum Wage rate.
I don't think the cons could walk in a straight line if they tried.
But he is probably realising how unpopular the torrids are and started to buy votes.
What a crew.
======
Why not make the Living Wage the going rate.
==
Sorry that money is needed for the pressurised bankers and their high taxed puppeteers.
cynic
- 16 Jan 2014 20:16
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sticky - you're not making sense ....
if someone has AVOIDED tax - a perfectly legit exercise - HMRC has not the slightest interest
i assumed,surely correctly, that your table showed the number of cases where EVASION was known or at least strongly suspected
please clarify .....
also, somewhat for entertainment value, please tell me (us all) during which years labour was in power between fiscal 2000 and 2011
aldwickk
- 16 Jan 2014 20:24
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Those posh birds who work in City like to talk about money Trig ," I found one of those old white five pound note's the other day " No Trig , No
goldfinger
- 16 Jan 2014 20:34
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Cyners you havent read it have you. Stop being idle.
Read about IR35 and then you will see what im talking about.
aldwickk
- 16 Jan 2014 21:06
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She doesn't look very happy
A lot of that film was shot in Bognor regis when Madam Cyn was a teenager she worked in the Bus station.
goldfinger
- 16 Jan 2014 21:09
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Have you read IR35 now Cyners and do you see the association with the years I posted down, not forgetting The Tories came to power 0n 6th May 2010. Labour being in power for all the years before this in my illustration.
Penny finally dropped?????????????????????
goldfinger
- 16 Jan 2014 21:10
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Alders what were you doing hanging around the bus station LOL LOL LOL.
Naughty boy.
aldwickk
- 16 Jan 2014 21:17
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Catching a Bus what else , lol
cynic
- 16 Jan 2014 22:06
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haven't read anything .... may do tomorrow :-)
Haystack
- 16 Jan 2014 23:11
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IR35 has been a waste of time and money. It never saved much money and cost a lot to administer. I used to operate a an individual limited company for years before starting a bigger company. I have friends who have operated under IR35 for years and it makes very little difference to their final income.
Haystack
- 16 Jan 2014 23:23
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In May 2009 the Professional Contractors Group received a reply to a request under the Freedom of Information Act to HMRC, asking just how much tax revenue IR35 had in fact raised for the exchequer. The FOI reply revealed that in the tax years 2002/03 to 2007/08, IR35 directly raised just £9.2 million. This equates to an average of around only £1.5 million per tax year, less than 1% of the expected amount.
How much did the administration of IR35 cost?
In September 2011 a Freedom of Information Request revealed that the number of cases reviewed had fallen from 158 (year ending April 2007) to 12 in year ending April 2010 and 23 in year ending April 2011. The same document also gives the "tax yield received for the requested years" as having fallen from £1,906,619 to £219,180.
ALL UNDER LABOUR
MaxK
- 17 Jan 2014 00:10
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Question time.
Grant Shapps...blown away by logic and reasoning (buffoon)
other non entities...similar.
Stand out contributors: By audience
John Sentamu (Bishop)
Julia Hartley-Brewer (broadcaster, ukip-ish)
goldfinger
- 17 Jan 2014 00:40
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Hays another one who hasnt read the link. READ IT, the fact is IR35 enforcement figures under Labour were far higher than figures today under the coalition where just 4 Tax Officers and a Chief, police the scheme.
And unlike Cynic insists it is not Evasion but is in fact AVOIDANCE.
To put it in very simplistic terms it is weeding out employees who claim they are self employed. Self employment giving them the chance to pay 20% rather than 45% which they should be paying.
And what Hays as missed is the deterrent factor, admittedly much less under the present government.
Haystack
- 17 Jan 2014 00:46
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But as you can see above it hadn't benefitted the country by introducing IR35. It probably costs more to administrate than it produces. Another stupid Labour idea.
Dil
- 17 Jan 2014 02:26
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Wooo hooo ... Tories totally against the minimum wage being introduced as it will cost jobs , make us uncompetitive , etc . etc and now they championing it and gonna raise it well above the rate of inflation !
Rumanions and Polish say thank you :-)
goldfinger
- 17 Jan 2014 02:32
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How can you place a value on the deterrent factor???? so Hays comment above is complete boll-x.
AND if we look more carefully we find this..........
On 10 Mar 2011 the Office of Tax Simplification recommended that the treasury should suspend IR35 or compel HM Revenue & Customs to make changes to its implementation until wider structural reform to integrate Income Tax and NIC is introduced. After that, the Chancellor announced the Government would keep IR35 'as is' during Budget 2011, but with changes to HMRC administration and to create a new IR35 Forum.(wikipedia).........................ends
Now we know why we just have 5 employees administering the scheme in fact PLAYING at trying to catch offenders.
Compare this to the 5,000 plus DSS investigative officers who are collecting just 1/50th of annual tax avoidance and you get a true picture of just who this government stands for.
Dil
- 17 Jan 2014 02:34
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GF , whatever Haystack says it has put an end to "self employed .... NOT" taking the pee.
That's why they don't need loads to administer it cos it's so cut and dry after IR35 , you either are or you aint.
Regards
Dil , O level accounts and economics :-)
Dil
- 17 Jan 2014 02:38
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... and if they paid me £250,000 a year to investigate the top earners I reckon with a little persuasion and no court cases I could get 10X that back off them in taxes due.
Tory party donations may suffer though.