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britain is a tax dodgers paradise

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    britain is a tax dodgers paradise

    http://www.guardian.co.uk/business/2...y-taxavoidance

    britain is one of the biggest culprits for tax avoidance, all those foreign rich folk that are here and have sweet deals with hmrc. How much tax does al fayed pay?

    #2
    Wasn't there an agreement for a lot of these non-dom people resident in the UK to pay an up front £30k?

    Fairly sure I recall that in the news 12+ months ago.

    Comment


      #3
      So Brown has promised to hammer tax havens around the world, and he presides over one of the worst of the lot?

      Comment


        #4
        Originally posted by Doggy Styles View Post
        So Brown has promised to hammer tax havens around the world, and he presides over one of the worst of the lot?
        And as the Sunday Times said today, the govt. owned Northern Rock has a branch in the channel islands. Talk about hypocrisy!
        'Orwell's 1984 was supposed to be a warning, not an instruction manual'. -
        Nick Pickles, director of Big Brother Watch.

        Comment


          #5
          Originally posted by Doggy Styles View Post
          So Brown has promised to hammer tax havens around the world, and he presides over one of the worst of the lot?
          It's cartel behaviour.

          cartel |kärˈtel|

          noun

          • an association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restricting competition : the Colombian drug cartels.
          Behold the warranty -- the bold print giveth and the fine print taketh away.

          Comment


            #6
            Just saw an advert for Jersey on TV, they said "Come to Jersey - there is no tax because we don't have a massive population of unproductive parasites to support", or words to that effect.

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              #7
              Richard Murphy, of the campaign group Tax Justice Network, said Brown's letter could represent a symbolic moment. "What he is saying is that the UK is pushing the process further. They're pushing for action on tax avoidance - not just evasion - to benefit developing countries, not just developed countries."
              So abandon the old idea that tax evasion is breaking the law, but tax avoidance is legal. Now, avoiding paying the amount of tax that you "should" be paying will be a crime, even if it doesn't break the law.

              Comment


                #8
                Note the contrast:

                http://en.wikipedia.org/wiki/Tax_avo...nd_tax_evasion
                Tax avoidance and tax evasion
                From Wikipedia, the free encyclopedia
                Tax avoidance is the legal utilization of the tax regime to one's own advantage, in order to reduce the amount of tax that is payable by means that are within the law. By contrast tax evasion is the general term for efforts to not pay taxes by illegal means

                http://www.hmrc.gov.uk/avoidance/index.htm
                Welcome to HMRC's Anti-Avoidance Group (AAG) pages.
                Tax avoidance remains a substantial threat to the Exchequer and the AAG has been established to co-ordinate HMRC's anti-avoidance activity in a systematic manner.
                Last edited by expat; 6 April 2009, 09:12.

                Comment


                  #9
                  http://www.hmrc.gov.uk/avoidance/vision-strategy.htm
                  The Strategy

                  A small minority of HM Revenue & Customs (HMRC) customers continue to engage in tax avoidance, which undermines the delivery of fair tax outcomes. We aim to persuade our customers not to attempt to engage in avoidance
                  Why tax avoidance is a problem for everyone

                  The Government, Her Majesty's Revenue & Customs (HMRC) and HM Treasury (HMT) have a shared objective of minimising the tax gap (that is, the difference between the tax collected and the tax we think ought to be collected) within the context of the Government wider agendas. We want to provide our customers with a level playing field while maintaining the UK's international competitiveness. Our strategy for delivering this objective is through encouraging everyone to pay tax at the right time and vigorously tackling those who deliberately avoid their responsibilities.
                  1. "tax we think ought to be collected"??
                  Make the rules and then stick to them.

                  2. "Avoid their responsibilities"??
                  You mean, it is my responsibility not just to obey the rules, but to make sure that you get what you had in mind to get?

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                    #10
                    I also love the fact that we are now "customers".

                    So as a customer, can I take my business elsewhere?

                    Comment

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