Originally posted by OwlHoot
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UK HMRC Corporation Tax Time Bomb
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I'm alright Jack -
Originally posted by BlasterBates View PostA tax is not a punishment, it's not a prison sentence or a fine, it is a rule which requires you to pay tax. It is not the same thing as legislating something is illegal and applying it retrospectively,
If the government decides to introduce an additional tax on companies based on what they earned in 1995, they may do so. They're not saying the company broke the law they're simply raising revenue. ...
The unconstitutional aspect (in abstract terms rather than a specific law) is changing obligations retrospectively, which undermines rational choice and planning and trust in the Government.Work in the public sector? Read the IR35 FAQ hereComment
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