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.

I suspect H/S knows but is not posting as such, is that right H/S?

i concur Stan .... the list contains few that are much more than minnows
the interesting list, as published in the Sundays, named those who were residing in monaco and spain and the like .....

these people were keenly wanted for "interviewing" but as nothing had been proven against them, i guess HMRC cannot publish their details

a few months ago, i saw one of the above casually strolling around london .... i'm sure he entered the country on a legit passport, so it looked as though HMRC must have been away fro the weekend

You have to be careful what you publish on a public forum Stan!

There's no such a thing as an 'off shore tax scrounger'. That's just the typical socialist politics of envy yet again.

Philip Green does not need to worry about the 90 day rule as he does not get paid in the UK or anywhere. The profits go to his wife who lives in Monaco. There is no income tax in Monaco. When he is in London, he lives in a hotel paid for by the company based in Monaco. No income = no tax.

very neat, and though no doubt legal, it is one of those non-abuses that really sticks in the throat

at least the divi will be taxed at source, though i suspect that is at just 20% or 28%, if that is the system

If people of willing to pay tax to HMRC when they are able to legitimately avoid it, then more fool them.

Against the greedy ones sitting in the sun but often milking the resources of the country where the loot was made!


UMUUM

----------

Do you know this competent government had 15+years in the wilderness and four and half years to address some of the problems some of you are discussing.


I wonder why they haven't address some of them, perhaps the gainers from Status quo are the one's who fund their "own" the CONNERS' party of the ones who have deep pockets.

==========

No wonder Hazyone is running scared and diverting attention from the caning the tories are going to have in ROCHEST and in MAY 2015!

If there is a coalitions of Labour/Lib/Dem/SNP, with a large majority the tax situation may be addressed and simplified and solutions "imposed". Especially for those who place of work, or origin "income" is within the UK and benefits from being so, but live outside its borders in order to avoid their responsibilities.

HMRC is set up so that anyone not receiving income on a PAYE system is able to be creative with what they class as income. The day HMRC change the rules to tax all monies and benefits received not just what's classed as income the economy will surely collapse. Most tax dodging from what I've seen changes taxable income into non-taxable loans as described in the K7 dodge (google it for info). If however everyone paid tax on loans could you imagine what that would do to the banking sector and interest rates??

Against the greedy ones sitting in the sun but often milking the resources of the country where the loot was made!

the above is fair but emotional comment

unless the laws are changed, and no gov't in living memory has done much more than tweak at the edges, then i'm afraid the emotional (or moral) argument will lose out every time

of course, it's very easy to spout and rant about clamping down and draconian measures to be imposed to prevent "escape", but to write a law that will actually work and stick or even be enforceable let alone not be counter-productive is something totally different

Shortie,

I'm presuming you're referring to the K2 scheme, rather than K7, although I've heard that the K9 scheme can be a bit of a dog.

:o)

lol... yes Hilary I stand corrected, K2 it is... it's been a long day..

Changing laws and rules are generally difficult. (EU and vested interests.)

With a large majority and some reform of the HLs then "gradual" and sensible changes will occur.

The Public is aware because changes in distribution of information, ongoing abuses of present taxation system is more likely to be seen the public arena, and the inequalities become non-acceptable in the present manner and levels.

But, at some time, there must be some reviews of the driving forces, propulsion goals of a successful "economy".

cynic
No. The divi won't be taxed at all as the company is based in Monaco. No tax there.

arcadia is registered in monaco?
now let me think ...... where is a large slice of that company's income generated?

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

fred - oh hahaha! ...... in your dreams in your utopian water bed .....
as i wrote previously, generations of previous gov'ts have done no more than tinker at the edges, usually for political gain, and every 5 years or so have made a mess of trust law which just makes accountants rich

cynic - 18 Nov 2014 15:50 - 50636 of 50656

i strongly recommend that you do not pass uninformed judgment on a case that is a long way from proven (by HMRC), and has all the hallmarks of being lost by HMRC.........ends

You and your freinds are no wiser than myself, the case is in front of a tribunal one which I must remind you, you were were not aware of had been submitted to tribunal as TANKER pointed out and called you a tosser this last summer for NOT reading evidence I had submitted to show it was in front of such.

Therefore as SUCH you have no right to NOT call this a dodgy company as I have no right to call it a dodgy company.

So blah blah blah blah blah snook blah blah.........final blah.

And if news as leaked from the tribunal as you say your freinds have caught wind, the whole process should be stalled and re-submitted................blah.

"You have to be careful what you publish on a public forum Stan!: I appreciate that DB but if it's good enough for the Sundies well..

"hilary - 18 Nov 2014 16:31 - 50647 of 50657

There's no such a thing as an 'off shore tax scrounger'. That's just the typical socialist politics of envy yet again."

Oh do shut up "Mouth Head". If I class them as "off shore tax scroungers" then I am merely echoing the conclusion of millions of others and it's nothing what so ever to do with emotion, it's about people (usually with more money then sense) who can but scrounge and hide to avoid through "off Shore" methods paying their whack.. I don't suppose you would be part of that low life scum would you?

With a dividend, it's the recipient shareholder who pays the tax. So it's where the shareholder is domiciled that matters, rather than the company. It's not taxed at source.

The company used to pay Advance Corporation Tax at 30% on the dividend which used to affect cashflow, but that was scrapped a long time ago.

Stan,

You really are one of the most obnoxious twats on this forum!!!

But please be careful you don't blow a gasket, as I'm aware that you're not in the best of health, and I wouldn't want it to affect the games of walking football for geriatrics that I know you like to play.

Ohhhhhhhhhhhhhhhh come on Hilary thats going way too far.

You yourself admitted to having a very bad leg yourself just recently.

Just calm down for god sake.

Lets cut the personal stuff out.

everyone.

Especially you cynic tw-t.