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.

my party the cons have lost our votes the con party of liars and greed and not interested in the country just their own ends

TANKER I was going to ignore your postings, but you do talk utter bollox most of the time..

It would be good if one of your post contained a full stop or comer in/at the right time, and it would be in your favour if some of it made sense and wasn't just a diatribe of rabid dross...

So H/S just to make your position clearer, do you involve yourself or your family in off shore tax avoiding and or evading?

And I don't need a lecture on what's legal or not, thats irrelevant for the purposes of this subject.

Stan,

He will have to pop down to ask Lynton first.

Not sure what the present mantras are.

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But I do note some have ceased their medications.

We benefit from the current rules. Our large companies that do business around the world bring back their profits to be taxed here. If the rules changes they would be taxed in the countries where they do business and we would lose those tax revenues. I used to work for a while in the treasury department of ICI doing financial consolidation. We had revenues from almost every country in the world. Most of that money had not already been taxed.

All this fuss is because we are still in a weak financial situation. If the UK was in a boom, no one would care.

So H/S just to make your position clearer, do you involve yourself or your family in off shore tax avoiding and or evading?

And I don't need a lecture on what's legal or not, thats irrelevant for the purposes of this subject.

Stan
No. I don't have any need of offshore transactions. If I had enough money then I certainly would as it would not have been tax evasion. I have never had the opportunity for tax evasion. Naturally, I did plenty of tax avoidance as all businesses do. That is just sensible business practice.

Thank you H/S, that's something I suppose.

No it's not sensible Employer practice to avoid paying tax in this County for the reasons that I have already given in post 69644.

It is about sticking to the law. A business would be crazy to pay more tax than it had to. If you want it to pay more then change the law. When you buy a pint in a cheaper pub such as Wetherspoons, do you feel guilty because you didn't buy it at a pub that charges more. Do you shop at the most expensive shops and feel guilty if you can buy cheaper at Lidl. You are attaching morality to something that is unsuitable.

I think some have fluctuating morality, base on what they apply to themselves and what they would apply to others.

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George appears to be the heir to an Irish Baronetcy and Trust.

Are these "tax" efficient?

No matter how much you try and twist things H/S the fact remains, that the vast majority of reasonable/balanced people on this Island think it wrong to avoid or evade paying tax in the Country from which you earn that money in by secret arrangements offshore.

I doubt that most people have a strong opinion about it either way. Public opinion is a very bad way to measure anything. The majority are wrong about most things. If it is legal then it is fine and I am happy with it.

Haze,

All you need is a corruptible elite in power such as we have now.

Status quo is OK. as long as you think yourself top of the pile and can pull the drawbridge up.

"I doubt that most people have a strong opinion about it either way."

You clearly don't get out much in the real world H/S.

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"Public opinion is a very bad way to measure anything. The majority are wrong about most things."

Again only in your world and others that also conduct themselves as off shore tax scrounges.

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I did ask you not to bring the Law into this subject because it's irrelevant for it.

The law is the only thing that is important. Why not give the government more of your income? Why don't you pay them twice the amount of tax that they want? Why not encourage everyone to pay more tax than they have to? Why not go the whole socialist hog as in Cuba where a doctor gets paid the same as a bus driver because everyone gets paid the same?

It is only the richer people who are asked to pay more than is required by law. The rest pay according to the law.

A typical me me me up the ladder I'm all right Jack post by the "Con" Party voter H/S.

Lefties are certainly amusing.

It is only the richer people who are asked to pay more than is required by law. The rest pay according to the law.


Who is making the requests?

by definition, the wealthier you are, the greater your potential tax liability
the more complicated tax legislation is made, the more loopholes will appear that can be exploited either simply (= fairly) or aggressively (= asking for investigation by hmrc)


as has been pointed out on more than one occasion, (a) hmrc has no interest in morals and (b) if you want fewer loopholes, then lobby for their closure, but don't complain if these loopholes are fairly exploited


few if any people complain about tax allowances for pension contributions and similar, or paying zero tax on 25% of drawdown from their pension pot, or even tax-free benefits of one kind or another ..... so now we're talking about degree not principle

The clique in the cabinet reminds me of the Godfather and cohorts with parts of the UK becoming a banana republic.