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.

Interesting this one Fred, might have legs.

take a look at who has investments with the hedge funds given free stamp duty on sharedealings look at the top gov mps investing it stinks of corruption no wonder they leave gov very rich

stan .... which what is interesting? ..... if it's MrT's ravings, they make fred and the late GF look tongue-tied :-)

Mr T needs to do some more thinking before posting.

more thinking?????
ANY would be a good start i'm afraid, but never mind, he's pretty harmless, much as were those who used to shout the odds at Speaker's Corner

cynic I am a honest good person who lives by the rules of life treat people as you would like to be treated your self , that is our to live but alas you help people to escape persecution then they turn on the people that helped them

hmm!
seems to me that you are pretty xenophobic

Stan.

Flogged my holding of HSBC.

http://www.bbc.co.uk/news/business-31248913

Mind the tory needed to promote Green to the House of Lords.


"The thousands of pages of data were obtained by the French newspaper Le Monde. In a joint investigation, the documents have now been passed to the International Consortium of Investigative Journalists, the Guardian newspaper, Panorama and more than 50 media outlets around the world.

The documents include details of almost 7,000 British clients - and many of the accounts were not declared to the taxman.

HM Revenue and Customs (HMRC) was given the leaked data in 2010 and has identified 1,100 people who had not paid their taxes. But almost five years later, only one tax evader has been prosecuted.

Continue reading the main story
Find out more

Panorama
Watch Panorama: The Bank of Tax Cheats on BBC One on 9 February at 20.30 GMT or later on the BBC iPlayer.

BBC iPlayer
Read HSBC's response in full
HMRC said £135m in tax, interest and penalties have now been paid by those who hid their assets in Switzerland.

But the chairwoman of the Public Accounts Committee, Margaret Hodge MP, said: "I just don't think the tax authorities have been strong enough, assertive enough, brave enough, tough enough in securing for the British taxpayer the monies that are due."

HSBC did not just turn a blind eye to tax evaders - in some cases it broke the law by actively helping its clients.

The bank gave one wealthy family a foreign credit card so they could withdraw their undeclared cash at cashpoints overseas.

HSBC also helped its tax-dodging clients stay ahead of the law.

When the European Savings Directive was introduced in 2005, the idea was that Swiss banks would take any tax owed from undeclared accounts and pass it to the taxman.

It was a tax designed to catch tax evaders. But instead of simply collecting the money, HSBC wrote to customers and offered them ways to get round the new tax.

HSBC denies that all these account holders were evading tax.

'Dodge liabilities'
Richard Brooks, a former tax inspector and author of The Great Tax Robbery, said: "I think they were a tax avoidance and tax evasion service. I think that's what they were offering. They knew full well that people come to them to dodge their tax liabilities."

The bank now faces criminal investigations in the US, France, Belgium and Argentina. HSBC said it is "co-operating with relevant authorities". But in the UK, where the bank is based, no such action has been taken.

Stephen Green"

Is the Tory spokesman defending his mates and slush fund donations?

===-==

I don't think Cameron would be fit to rule over a banana republic.

The documents include details of almost 7,000 British clients - and many of the accounts were not declared to the taxman.

HM Revenue and Customs (HMRC) was given the leaked data in 2010 and has identified 1,100 people who had not paid their taxes. But almost five years later, only one tax evader has been prosecuted.


One can see why the public do not trust this government, and consider copying them by tax "evasion".

Interesting thought, was Osborne and IDS screwing the poorest when turning a blind eye to the "tax" dodging of their mates?

What a period in the UK "democracy".


====-=-==-=-

Where is GF when I need him?

fred it stinks of corruption and is corruption .have gov cabinet ministers invested in hedge funds

naughty boy fred ..... i confess i haven't really looked at this story, but from what i gather much of this HSBC stuff dates back to around 2007/8 and earlier ..... am i wrong? ..... it would be ingenuous to think that all major banks from both uk and usa are not also involved

however, i thoroughly agree that HMRC is great at pursuing the easy targets - eg the chap who owes £500 to say £5,000 - but runs a mile from or makes a total cock-up of prosecuting the major players

===============

on that score, it'll be interesting to see how this very complex film investment case pans out, though that will probably run and run for another 2/3 years with the various appeals from whichever side

as i understand it, a good number of years ago, the gov't encouraged people to support the film industry, for which they received tax breaks

at least one of these companies invested in several films that were great box-office successes
HMRC is now arguing that the investment was just tax avoidance, and though not evasion, should still be classed as evasion

Obama as made the USA the enemy of the free world . the yanks are fleecing all foreign companies to protect their or own companies . the world should start to kick out all American companies . mc donalds killing our children along with kc feeding them shit

the children eat because of the fat that is why they are fat the gov should close these places down or tax them heavy

all the talk on hsbc what about the gov allowing their backers to avoid tax and stamp duty . hedge fund gives the tory party 47b its stinks of corruption

are they going to charge the very people who tried to avoid paying their taxes .
they are the criminals .
do the royals pay their taxes
do the cabinet
do the sports people
do the big companies

we all know the answers yet this gov turn a blind eye the old pals act

living wage to keep people out of poverty £260 a week old age pension £113 a week
how do these people exist or do they pay them so low so they will die

well i'm sure that makes sense to someone, but not me!

Then think again.
-=-=-=-=-=

HSBC: 'Tax scroungers' let off lightly, says MP Hodge
5 hours ago
Britain's biggest bank helped wealthy clients cheat the UK out of millions of pounds in tax, the BBC has learned.
Panorama has seen thousands of accounts from HSBC's private bank in Switzerland leaked by a whistleblower in 2007.
HSBC admitted that some individuals took advantage of bank secrecy to hold undeclared accounts. But it said it has now "fundamentally changed".
Chair of the Public Accounts Committee Margaret Hodge told the BBC that "benefits scroungers" are being made an example of, while "tax scroungers" are let off lightly.
Read more
HSBC bank 'helped clients dodge millions in tax'

=-=-=-=-===-


Cameron’s vow to tackle tax avoidance ‘disingenuous and hypocritical’
Published time: October 31, 2014 18:00


Currencies, Economy, Europe, Finance, Markets, Politics, UK
Multinational firms which exploit loopholes to avoid paying tax in the UK will be pushed to “damn well pay,” David Cameron said on Thursday. The PM’s statement was denounced as disingenuous by global tax expert and UK economist Richard Murphy.

Cameron’s comments follow recent controversy over the manner in which mammoth firms such as Facebook, Google, Apple, Amazon, and Starbucks flout tax on revenues generated in Britain.

Speaking to RT on Friday, Murphy dismissed the prime minister’s pledge to tackle tax avoidance in Britain as hollow rhetoric. Lauded as 2013’s 7th most influential person on the international tax stage, Murphy has been instrumental in placing tax havens on the global agenda. But the economist and anti-poverty campaigner holds little hope for a tangible tax policy shift from the current coalition.

“The problem is that David Cameron’s walk and his talk are completely inconsistent. The truth is that he’s almost always on the side of the companies that are not paying tax,” he said.


http://rt.com/uk/201291-tax-avoidance-hypocritical-cameron/
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Cameron is all mouth and no trousers.

He ponces across the an imaginary like the hollow image he is.

He has done little or nothing to clean up tax avoidance an evasion and the voters know why!