Tax Avoidance

[Taz]

ye great video

 

[Anonymous]

How exactly am I supposed to travel if I did not have a car by the way - and only claim 25% business which HMRC was very happy with.

The point I was making was that you're quite happy to take the benefits that HMRC allow, but you then pay tax in another country because you don't want to know that part of HMRC's rules.

Anyway that's my last word on the matter

 

[Stuart Truman]

If we don't like the tax laws as they are ,then just like any other law, we need to change them - but once changed the above will still apply.

Really? How precisely would you go about that with the 650 feckwits we have in parliament only interested in lining their own pockets and staying in power and a political party system that will never, ever change

Not having a pop at you, but that's a naive statement.

 

[chrissrush]

If we don't like the tax laws as they are ,then just like any other law, we need to change them - but once changed the above will still apply.

Really? How precisely would you go about that with the 650 feckwits we have in parliament only interested in lining their own pockets and staying in power and a political party system that will never, ever change

Not having a pop at you, but that's a naive statement.

Of course it's a naive statement! Do any of us really think that could happen in real life? I certainly don't.

Those elected may go into the role with great ideals but they'll soon run into harsh reality and have to compromise (at best) and in that compromise will come further, possibly unintended, opportunities for law abiding individuals and corporations to use the complexities of tax law to their best advantage. And they will, because it's perfectly legal.

 

[bigdog]

I saw some half wit on BBC Saturday morning. She was railing about the Starbucks tax settlement. Then went on to say the following. I might add that I'm paraphrasing. How dare Starbucks use loopholes to reduce their tax. What! What an idiot. She talked as if loopholes are illegal. In fact. I really dislike the term loophole. There are tax laws that allow you or your company to take certain deductions. There are no such things as loopholes. And you either follow the tax law or break the tax law.