Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: Sir Tigger KC on 12 February 2015, 22:21:10
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I don't really understand why the BBC/Labour/Millipede are getting so het up about Tax avoidance, which after all is a perfectly legal practice as opposed to tax evasion. Although it does seem that the line between avoidance and evasion is pretty blurred :-\, and it is right and proper that HMRC pursue those who engage in tax evasion. ::)
Millipede has accused several prominent figures of tax avoidance including Lord Fink, who has admitted having a Swiss bank account to buy a pint of milk when he lived there, but then prompted more false outrage from Millipede when he suggested that everyone practices tax avoidance. ;D
Thing is, he's right! :y So when Millipede donates to Comic Relief does he not use Gift Aid, he must have an ISA or 10 and a man who is as wealthy as Millipede will have his affairs ordered to limit his tax liability (legally) in many ways, for example his children's exposure to inheritance tax. ::)
God help us if this hypocrite gets the keys to Number 10 in May! :(
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Won't happen if you don't vote for him/his party :y
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Spot on, both the above
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Yep, pretty sure-fire way to shoot yourself in the foot, IMHO. ;D
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Won't happen if you don't vote for him/his party :y
Never have and never will Al! :y
It's a bit like getting all outraged at people who drive at 70mph on the motorway! ::) :D
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Somebody ought to write to Millipede and ask him if has forgone Parliamentary pensions as they are a tax avoidance scheme, does he claim any MP's expenses, another tax avoidance scheme? As a rich person if he has any ISA's or ever bought a duty free bottle on the way back from holiday as John Redwood pointed out in his diary today they are both tax avoidance schemes! Maybe he is getting his children hooked on tax avoidance early by having accounts in the Labour childrens savings scheme?
Maybe he should be standing outside the Post Office telling poor pensioners who have just bought into the current pension bond, they are evil tax avoiders.
At the end of the day we all have a duty to ourselves and our families to minimise what we pay in tax and likewise companies have a legal obligation to minimise the tax their companies pay to maximise the shareholders dividends, not to do so is a dereliction of their fiduciary duties.
Government set the rules that we all have to abide by them, if they do so incompetently then expect individuals and companies to take advantage of their incompetence. Tax havens are what Governments loath above all as they want monopolies over all they control and tax havens provide honest competition. If they and other more efficient countries with lower taxes didn't exist we would much higher taxed and all be the poorer for it.
Tax evasion is illegal and a completely different matter and should rightly be punished.
Anyway puzzled from Sandhurst: Millipede as a socialist, why is he accepting a wage above the average in the UK, where socialism is about equality for all and surely that means not earning more than the average? Alternatively, is he like every other socialist I've ever met, grabbing all he can and as a hypocrite preaching equality! Don't do what I do, do what I say!
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Won't happen if you don't vote for him/his party :y
Never have and never will Al! :y
It's a bit like getting all outraged at people who drive at 70mph on the motorway! ::) :D
:o do people actually do that :-\
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The upcoming election reminds me a little of the 1983 election.
Thatcher was becoming increasingly unpopular but fortunately for her all she had to deal with was Michael Foot.....a decent chap, but................ :-\
The same applies today. Cameron is certainly 'nothing special' but fortunately for him neither is Red Ed. :-\
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If Cameron was up against decent opposition he would be clutching his P45 in May. ;) :D
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No matter who is in government, we are in the shit. So is the rest of the world, in varying degrees.
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No matter who is in government, we are in the shit. So is the rest of the world, in varying degrees.
Well, I'm not about to vote for that Farage chappie. :D
We need more than one man to run a government. What happens if he needs to take a day off?
The UKIP government would have to shut up shop until good old Nige feels better.. ::) ::) ::) ;)
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We need more than one man to run a government. What happens if he needs to take a day off?
But it's not as if the chinless wonders we elect do much anyway. I doubt anyone would notice. ::)
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We need more than one man to run a government. What happens if he needs to take a day off?
But it's not as if the chinless wonders we elect do much anyway. I doubt anyone would notice. ::)
Farage likes a pint or three. He probably enjoys a good bender?..... ::) ::) :D
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We need more than one man to run a government. What happens if he needs to take a day off?
But it's not as if the chinless wonders we elect do much anyway. I doubt anyone would notice. ::)
Ah yes, Old School establishment ::)
Farage likes a pint or three. He probably enjoys a good bender?..... ::) ::) :D