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.

COUNCIL TAX FOR EVER ONE SHOULD BE 0.5% OF VALUE OF PROPERTY

MANSION TAX SI SIMPLE MAKE ANOTHER TAX BAND HOUSES OVER 2M 10K A YEAR

so you think it's a sensible tax to charge £10k on someone's house that is (said to be) worth £2.1m and exactly the same £10k if the house is (said to be) worth £50m?

if so, your logic is what exactly?
or perhaps you'ld like to engage the brain and think again

mansion tax valuation
it's easy enough to value a house that is part of a terrace or even a modern housing estate or similar
however, the more valuable properties are much more difficult to value as they are likely to be stand-alone - no i do not just mean detached! - and are often only worth what someone will pay for them - ie any value set will almost certainly be pretty subjective and provable with any accuracy

O.5% OF VALUE IS FAIR TO ALL

it would be totally impossible to tax every single house in the country on an individual basis
it's bad enough at the moment where they are banded
the so-called valuations are fairly random too, but as the money raised is for local use it doesn't make so much difference
however, if it's to go to the exchequer, then true value - and how do you determine that? - is almost impossible to judge, especially on one-off houses

The Daily Mirror is looking more silly every day. They are now the only paper that supports Miliband. This morning even the Guardian was laughing at Miliband over his TV performance las night. The Daily Mirror, steadfastly supported Miliband despite public views to the contrary. The Mirror must take the prize as Comic Paper of the Year.

Don't change the subject H/N.. names dear boy names.

Somethings upset Hays in the last few days..........I wonder what........Surely not ROCHESTER.

Yep come on Hays names.

Where is the necessary army of valuers going to come from. Normally property is revalued over a long period with long gaps between. A Labour tax to help the NHS will need to be implemented quickly or their could be a new government before it is done. There will have to district valuers trained up in large numbers (cost). There will need to be new infrastructure and IT systems to collect part of the council tax for central government (cost). There will be endless tribunals to appeal valuations (cost). There will be means testing for ability to pay tax (cost). There will need to be infrastructure to monitor deferred payment of tax until death and then mechanisms to collect it then (cost).

How much will be left and how long before any money materialises.

An incoming Conservative government will no doubt repeal the legislation. Will they then just write off deferred payments for the majority who will still be alive. It looks like everyone will defer payment, hoping for a change of government.

Names of whom?

Geldof is currently worth about £100m. He was estimated to be worth only £32m two years ago. Nice business in Africa!

Well I for one never knew Geldof was so bloody bent... It struck me as odd that he'd be doing this thing so soon after his daughters death but there you have it I suppose..

Well I wouldnt have believed it but HAYS is already beat and is expecting a LABOUR GOVERNMENT, hes already resigned to having Milliband in at nos 10 and after all the bluster this morning..............

refering to the Mansion tax....

Haystack - 18 Nov 2014 13:29 - 50600 of 50602

An incoming Conservative government will no doubt repeal the legislation. Will they then just write off deferred payments for the majority who will still be alive. It looks like everyone will defer payment, hoping for a change of government.

geldof et al
whatever you may think of geldof personally – I happen not to like the chap for all sorts of reasons, most of them silly – you cannot deny that he has raised the profile of ebola beyond measure

whether or not you think that cause is worthy of support is another matter, and you have the choice of whether or not you wish to donate, and if so, through what channel
personally, I would never give to Oxfam but really ought to have medecins sans frontiers on my charitable causes list, for i think they do an amazing job with little or no recognition in the big wide world

in conclusion, i think the vituperative and very personal attack on Geldof and his efforts is totally unwarranted

Now that in itself is telling, its obviously Rochester that as got to him, but then again hes got the mansion tax all wrong aswel.

Ed Balls says the tax, intended to raise £1.2bn to be spent on the NHS, would be split into four levels. The lowest band would be for homes worth between £2m and £5m and the highest would be homes over £100m. Extra property taxation was also proposed last year by Labour leader Ed Miliband to fund a 10p tax rate. Balls said in an Evening Standard article:
“It cannot be fair that the average person pays 390 times more in council tax, as a percentage of the value of their property, than the billionaire buyer of a £140m penthouse in Hyde Park – who has seen its value rise by around £6m in the past few months alone.”

As an additional sop, Balls says people earning below the higher tax rate (less than £42,000 per year) will be able to defer the charge until they sell the property.

I agree with TANKER , Geldof and Bono are criminals and scumsters in my eyes, Tax evaders/tax avoiders shouldnt be able to run a charity like this, if they are capable of robbing this country of tax they are capable of skimming off the top of any money pile.

I don't think that Geldof raised the profile of Ebola. It was at the top of the agenda of many countries. All he has done is to make it a cause celebre among the public. The money he is raising is a drop in the ocean compared to money from governments. All he has done is to divert money that would be given to charity in thiscountry to his own pet cause. It all looks like publicity for Saint Bob, so he can make even more cash from Africa.

gosh we have some bitter and twisted members on here!

GF - what on earth is wrong or criminal in AVOIDING tax? ......

btw, my legal friends reckon that hmrc is on to a hiding on this ingenious case, and would not be at all surprised to see a quiet settlement reached
anyway, that is hypothesis at the moment, so we shall just have to wait and see

In answer to your question H/S

"Haystack Send an email to Haystack View Haystack's profile - 18 Nov 2014 12:24 - 50570 of 50609"

"Geldof has been complaining that companies don't pay enough tax. Well, it is interesting that Saint Bob has all his companies registered in the tax haven of British Virgin Islands. He also has a collection of businesses that have been set up to profit from activity in Africa. He uses his name to get preferential treatment from the governments there."

Further names of all wealthy off shore tax evader/avoiders please.