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.
goldfinger
- 21 Jul 2014 16:04
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Cheats Cheats Cheats Cheats Scummy Cheats,
cynic
- 21 Jul 2014 16:06
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like you no doubt, i have a pension, but i think no other tax avoidance scheme
TANKER
- 21 Jul 2014 16:07
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why did cynic post when he did not no the facts made him look a plonker
Fred1new
- 21 Jul 2014 16:08
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Manuel,
Pick up your ISA.
Fred1new
- 21 Jul 2014 16:08
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,
TANKER
- 21 Jul 2014 16:09
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the companies who set these up should be closed down and the ceo jailed and made bankrupt
2517GEORGE
- 21 Jul 2014 16:11
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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
cynic
- 21 Jul 2014 16:17
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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
goldfinger
- 21 Jul 2014 16:21
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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.
TANKER
- 21 Jul 2014 16:21
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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
TANKER
- 21 Jul 2014 16:24
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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 .
goldfinger
- 21 Jul 2014 16:26
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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.
TANKER
- 21 Jul 2014 16:29
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a criminal will always support a criminal .
cynic
- 21 Jul 2014 16:30
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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.
goldfinger
- 21 Jul 2014 16:31
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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.
TANKER
- 21 Jul 2014 16:33
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currie houses use tons of dyes .killing people
goldfinger
- 21 Jul 2014 16:38
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Cynic they have nobody to blame except themselves.
Its like us with shares, you get the odd twit who follows somebody because they have earned themselves a good name on the B/Boards and they then blindly follow them, until one of the stocks go wrong and then they do a U turn and throw a tantrum swearing and shouting at that person, but it is ultimately their own fault for not doing thier own research......ie, DYOR.
Like Charlie says...........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.’
cynic
- 21 Jul 2014 16:38
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you'ld do better still not to eat such junk food in the first place :-)
in fact, food additives of all kinds have to through some pretty stringent testing, though you'ld no doubt be pretty horrified at the quantity and variety of additives used in say yoghurts, fizzy drinks and supermarket bread ..... have a good look at the sugar and salt contents for starters
cynic
- 21 Jul 2014 16:42
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in Pannone's comment - they're a large firm of solicitors - it certainly looks that investors were warned that they might not get the sought tax allowance, but there would equally seem to be some potential very costly consequences about which they might well NOT have been warned
shares are child's play compared to tax issues and the like
goldfinger
- 21 Jul 2014 16:43
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Nothing wrong with the odd morsel of Junk Food, the problems start when you live off it day in day out.