MSC legislation 2007 MSC legislation 2007 - Page 2
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  1. #11

    Fingers like lightning

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    Quote Originally Posted by Lance View Post
    Spam day at Qdos. I got it and deleted it as I’ve never been part of a tax avoidance scheme.
    I didnt see it as a tax avoidance scheme it was just that someone else was running a ltd on behalf of a contractor. It was a common legal alternative to umbrella back then.
    "Israel, Palestine, Cats." He Said
    "See?"

  2. #12

    Double Godlike!

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    Quote Originally Posted by NickNick View Post
    I didnt see it as a tax avoidance scheme it was just that someone else was running a ltd on behalf of a contractor. It was a common legal alternative to umbrella back then.
    Thing is, you get the tax breaks as a company owner because you accept a degree of risk over things like late payments and operating overheads. Pretending to have a company - which is what Brooksons and others were facilitating - and having them doing all the work and making the decisions so you were simply a figurehead to get those tax breaks is clearly an avoidance measure.
    Blog? What blog...?

  3. #13

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    Quote Originally Posted by malvolio View Post
    Thing is, you get the tax breaks as a company owner because you accept a degree of risk over things like late payments and operating overheads. Pretending to have a company - which is what Brooksons and others were facilitating - and having them doing all the work and making the decisions so you were simply a figurehead to get those tax breaks is clearly an avoidance measure.
    Fair enough. Backdating it is a dick move though
    "Israel, Palestine, Cats." He Said
    "See?"

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