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.

The thing is gf unless its commercial or considered as commercially trading then legally I wouldn't owe a penny. If someone is in full time employment paying tax under the PAYE system but also does a little private work on the side through word of mouth then its not exactly commercial as its subject to demand. Further to this I know a few people that buy old vehicles, do them up, drive around in them for a few months and sell them on making money. The profit here isn't taxable as its not considered commercial due to the volume and the fact they use the cars. The profit levels however can still be very good especially if they're being entered into shows.

Im not that bothered Shortie with the working man who makes a few bob in the black economy although you tend to find its that type who are always gobbing off about so called scroungers.

No its these celeb types like that ex Liverpool footie player who got caught in a tax dodging scheme who get on my tits. An average Joe like him........... murphy isnt it, with £3 million snuck away.

Chuck them in prison I say, its far worse than shop lifting.

Manuel.

I accept there is a legal difference between evasion and avoidance, but for many the difference is whether it is morally right to go to the lengths they do to avoid payments which the do.

I think there should be further tightening of the avoidance and wealth protection regulations.

I am amazed by members of my family the degrees they go to through their accountants to avoid minor payments.

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But Manuel you haven't suggested the changes in morality and culture necessary to deal with few families who have excessive number of kids.

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Fred they should be both lumped together and penalties made the same for both groups. Prison sentences are needed. If you can be put in prison fro 6 months for nicking a giro cheque these robbing bastards should get at least 10 times that.

A deterrent like that and ENFORCED would see the likes of Lester Pigot and the likes thinking twice before hiding there money away.

SCUM of the earth they are.

What about the so called celebs of television many of them get paid via a co thus reducing their tax liability. Is this morally right?
2517

Why is there never any action taken against the accounts or tax advisers that arrange these schemes for celebrities. If they were to be struck off in some way then you'd choke the system from source!!

No they are the worst group of the lot and I wouldnt mind but none of them have any talent anymore...........you know the type I mean Keith Lemon these stand up comedians all the tossers on X factor and strictly etc etc.

Even Fiona Bruce as been at it.

Errr, 'cos it's all perfectly legal?

Good idea Shortie and these football agents who take a massive cut for selling trash players from one club to another.

I would like to have seen a number more MPs go before the judge and pay the appropriate price.

It might clean up the stink of corruption Trading Hours emanating from the HP.


No wonder people are turning their backs on a government more interest in PR, keeping themselves in lower at the expense of the middle and working class of society.

err no its not as Jimmy Carr found out my dear.

By the way how are you still on the pist?.

Its all here about APNs and how the likes of Gary Barlow and co have had to pay up front. Not a chance of getting it back. Caught red handed.

http://www.investorcentral.co.uk/news/

Jimmy Carr voluntarily stopped using K2 once the newspapers started reporting it for fear it would damage his reputation and, therefore, his revenue stream, Fishfinger. It was, and still is, a perfectly legal avoidance scheme.

And yes, in CH till April, although just popped back to the UK on a flying visit for a couple of days.

Good glad your liking it over there.

But if Jimmy Carr and Gary Barlow cave in then obviously all other celebs will do the same or the public will turn on them like they did Carr.

Thats why we should avoid starbucks amazon etc etc, theyl soon get fed up of reduced revenues and theres always someone ready to come in and take there place. Always as been.

Right Im watching THE CHASE.

What I would be interested in as a Tax man is cross border of capital and its declaration.

Probably, one reason some want out of the EU.

The tax evasion figure is tiny. The rest is legal. All you are going to get is the evasion figure.

Starbucks, Amazon etc are just doing what every multinational company has been doing for more than half a century. Companies like ICI do it to bring profits home to the UK. Every car maker has always done it. Engines made in one country, gearboxes somewhere else and differential pricing across borders puts profit where you want it.

I think, since Goldfinger likes paying his tax and I don't, that there should be a law brought in, that says he should pay my taxes.

But first, we should have 'a wealth share out' the day before we do the tax paying, so that we both have exactly the same amount of money and then pay exactly the same amounts of tax so as to make it all fair and above board.

Anyone see anything unfair about that?

And if you do, please don't forget, that I thought of doing 'a sharing job' with Goldfinger first.

LOL ! Good idea Exec, he's always saying he has "deep pockets".

Look out the Russians are coming! http://www.bbc.co.uk/news/uk-31049952