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.

Tory MP Charlie Elphicke last night welcomed the move, saying the rich should be subject to the same tax laws as everyone else.
He said members of the public would have little sympathy for wealthy individuals who had tried to avoid paying their fair share. ‘It is quite right that the Revenue is taking the battle to people who are using their wealth to game our tax system,’ Mr Elphicke said.
‘The behaviour of these people means that hard-working families who do the right thing and pay their taxes have to pay more to support the services we all use.
‘Most people entering these schemes know they are unfair and wrong – they enter these schemes with their eyes wide open.
‘They are taking a gamble on not being caught. What they are doing is unacceptable and wrong.’
The Treasury declined to comment in detail on the individual schemes targeted in the clampdown.

‘Most people entering these schemes know they are unfair and wrong – they enter these schemes with their eyes wide open.
‘They are taking a gamble on not being caught. What they are doing is unacceptable and wrong.’
The Treasury declined to comment in detail on the individual schemes targeted in the clampdown.

shame you swamp everything within 2 seconds of what i think was an interesting post :-)

for those who missed, try
http://www.pannone.com/solicitors-for-business/dispute-resolution/claims-against-financial-advisors/film-partnership

Cynic,

For god's sake put your hand in Hazy One's pocket and pay your tax and stop avoiding your responsibility.

Both you and Hazy one must have read the same books as the Pute!

Cheats Cheats Cheats Cheats Scummy Cheats,

like you no doubt, i have a pension, but i think no other tax avoidance scheme

why did cynic post when he did not no the facts made him look a plonker

Manuel,

Pick up your ISA.

,

the companies who set these up should be closed down and the ceo jailed and made bankrupt

Anne Robinson is taking her grievance to 'Watchdog'
Don't know much about Elphicke but seems a bit rich that coming from an MP, maybe he got his eye on even more generous subsidies for our hard pressed Parliamentarians.
2517

clearly MrT, you were not in control of (m)any facts either, or you too would have picked up the article that i did and commented on same
mind you, you are so busy posting loads and loads of total drivel and nonsense and half truths and general abuse, that no doubt you have no time for such things

These 30,000 cheats should be made to do community service.

They should spend a year cleaning pavements, paths, parks graviti and canals alongside local council workers who should over see the job they are doing.

Sanctions imposed if they dont come up to scratch.

every thing I post is in the papers and in health mags if you spens some money you could read about the filthy takeaways .and the dyes they put in to food to colour the shit

gold you have hit the nail on the head with these scum cheating the country .
not only should they pay it back but with interest of at least 10% for ever year .

I do believe they are paying interest TANKER.

In fact they are paying back up to 7 times what they have paid into these schemes in some circumstances.

And jolly well should do aswel.

a criminal will always support a criminal .

an excerpt from the link i posted ......

The consequence of a successful HMRC challenge to a film scheme is that investors will lose the ability to offset the ‘loss’ of the partnership loan against their own personal tax liabilities. This means that the tax the investors sought to defer or shelter will then fall due. For most investors this is something that they understood and accepted.

What many investors were not warned about, however, was that they would also then become liable for income tax on the income paid by the film production company to the partnership under the lease agreement. This ‘income’ is of course used to repay the loan part of the investment and is never actually received by the investor.

This leads to a disastrous outcome where investors must pay, not only their own tax which they sought to shelter in the scheme, but also tax (usually at the highest rate) on ‘income’ they have never received.

Essentially, their tax bill could actually exceed their income. This could be financially devastating for many.

As a rough guide, in failed schemes an investor can expect to suffer losses equivalent to about 10 times his cash investment.

Claims against IFAs and Tax Advisors

Due to the complexity of these schemes, most investors sought advice from either or both of their IFAs or their tax advisors. In some cases, these advisors failed to appreciate the potential for a tax liability on partnership income and did not warn the investors of this risk.

TANKER you are right about these dyes and colourants being put in food.

One of the worst culprits are companys who manufacture potatoe crisps.

Jusr read the list of crap on the back of the packet.

I now buy Sainsburys assorted big bag of crisps, derd cheap and a throw back to the old days when crisps were crisps, without the added muck on them.

Im not a big crisp fan but i recommend them if you do like a bag now and again.

currie houses use tons of dyes .killing people