Gary Barlow and others in trouble Gary Barlow and others in trouble
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  1. #1

    More time posting than coding

    WalterWhite has more data than eek

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    Jun 2015

    Default Gary Barlow and others in trouble

  2. #2

    Super poster

    ladymuck is a fount of knowledge

    ladymuck's Avatar
    Join Date
    Sep 2005


    Was that an avoidance or an evasion scheme?

  3. #3

    Old Greg is my bitch's bitch

    northernladyuk is a fount of knowledge

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    Join Date
    Nov 2011
    Working the streets of your imagination


    Quote Originally Posted by ladymuck View Post

    Was that an avoidance or an evasion scheme?
    It all seems perfectly reasonable and above board.

    The scheme, promoted to high earners by Mercury Tax Group, involved a limited partnership that was registered in Jersey and was claiming to carry out trade in the UK.

    Each of the users of the scheme contributed a sum which was used, with a large bank loan, to acquire rights to dividends declared by a company registered in the Cayman Islands.

    The partnership claimed a deduction for the cost of purchasing the dividend rights but tried to exclude the dividends received from its trading results, creating a loss which was used to reduce users' tax bills.
    Where there's muck there's brass.

  4. #4

    Dirty spekulant

    Jog On - scorchio!

    Jog On's Avatar
    Join Date
    Aug 2005
    Troll farm somewhere in Russia


    They're obviously not in 'the club'. What does it take to get into 'the club' these days? Is it just money or are there dodgy underground initiation rituals involved as well?
    Because feelings...

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