[Don Kee]

Whats the media got to do with my opinion on tax avoidance?

I know nothing about jands to be outraged about.

My entire point is that being outraged at tax avoiders is utterly futile. The media have spun this to make it look like it's all Lewis Hamilton and Bono's fault.

It's not. Incorrect form aside, none of these people have done anything illegal, MAKE IT ILLEGAL.

A tax on morality is worse. Only people with a conscience need to pay tax? No thanks.

Explain exactly which laws you would change to make it illegal?

Explain how you stop these creative accountants from finding new loopholes that you hadnt even thought of when you changed these laws?

Make the tax Law more black and white maybe...?

If you buy a biro, you must pay VAT
If you buy nappies, you must pay the VAT
If you buy a Van, you must pay the VAT
If you buy a plane, you must pay the VAT

None of this, 20% personall 80% business jobbie. None of this I just bought a guard dog to protect my water fed pole system as its an essential business cost. None of this whole, an offshore company has done this and that.
If you are a tax resident and you make a purchase, you pay VAT or is this too simplistic?

Would make it equal for everyone, only problem is then most soletraders will be in uproar as the argument will be, “but they can afford to take the extra hit...”

[Arnold Palmer]

Simplify the lot.

There are only loopholes because it's complicated.

It's only complicated so there are loopholes.

[Og]

Not sure vat on nappies is fair.

[JandS]

I'm not saying your avoiding tax altogether...what I am saying is your avoiding some of it by claiming your expenses back, legitimately, to lower your final profit figure from your turnover...the less expenses you claim back the more tax you pay.
I know it's all legally above board but....by claiming these legit expenses your effectively lowering your profit margin and thus your tax....so even a legit expense claim is still, in a way, a means of avoiding tax.
What I'm trying to say is they aren't paying the tax because like you they can offset things in certain ways to lower the tax bill.
In a way neither is tax avoidance because both ways are legit so in effect there is no such thing as tax avoidance.
You submit your tax return, the taxman either does or doesn't send you your tax bill and you either pay it if you owe it or not if you don't.
If, however, you get a nil return on your tax bill but your return is a crock of sh*t that is tax evasion.

[Dry Clean]

Whats the media got to do with my opinion on tax avoidance?

I know nothing about jands to be outraged about.

My entire point is that being outraged at tax avoiders is utterly futile. The media have spun this to make it look like it's all Lewis Hamilton and Bono's fault.

It's not. Incorrect form aside, none of these people have done anything illegal, MAKE IT ILLEGAL.

A tax on morality is worse. Only people with a conscience need to pay tax? No thanks.

Explain exactly which laws you would change to make it illegal?

Explain how you stop these creative accountants from finding new loopholes that you hadnt even thought of when you changed these laws?

Make the tax Law more black and white maybe...?

If you buy a biro, you must pay VAT
If you buy nappies, you must pay the VAT
If you buy a Van, you must pay the VAT
If you buy a plane, you must pay the VAT

None of this, 20% personall 80% business jobbie. None of this I just bought a guard dog to protect my water fed pole system as its an essential business cost. None of this whole, an offshore company has done this and that.
If you are a tax resident and you make a purchase, you pay VAT or is this too simplistic?

Would make it equal for everyone, only problem is then most soletraders will be in uproar as the argument will be, “but they can afford to take the extra hit...”

Madam Guillotine, starting with you and Soupy.

[Dry Clean]

I'm not saying your avoiding tax altogether...what I am saying is your avoiding some of it by claiming your expenses back, legitimately, to lower your final profit figure from your turnover...the less expenses you claim back the more tax you pay.
I know it's all legally above board but....by claiming these legit expenses your effectively lowering your profit margin and thus your tax....so even a legit expense claim is still, in a way, a means of avoiding tax.
What I'm trying to say is they aren't paying the tax because like you they can offset things in certain ways to lower the tax bill.
In a way neither is tax avoidance because both ways are legit so in effect there is no such thing as tax avoidance.
You submit your tax return, the taxman either does or doesn't send you your tax bill and you either pay it if you owe it or not if you don't.
If, however, you get a nil return on your tax bill but your return is a crock of sh*t that is tax evasion.

JandS come on man, if you spend 40p to make a £1 you haven't made a £1 you have made 60p, by claiming for the 40p your just
taking back the money you already had, if you don't claim it will have been taxed twice.

[JandS]

I know what your saying but by claiming your expenses back you are, in effect, avoiding tax.
Any expense claim against your tax bill is legally allowed tax avoidance.
What I'm saying is your avoidance is legal but so is there's.

[robert mitchell]

I know what your saying but by claiming your expenses back you are, in effect, avoiding tax.
Any expense claim against your tax bill is legally allowed tax avoidance.
What I'm saying is your avoidance is legal but so is there's.

Seriously dude , are you broken ?

[֍Winp®oClean֍]

Isn't this just the same as what "we" pay accountants for? To process our accounts in the most tax efficient way?

[Arnold Palmer]

You can choose to register to pay VAT at any point. You don't though, because it's not a legal requirement to do so until you turn over 85k in one year.

[Steve Newres]

In an ideal world we’d scrap all sales taxes and just tax income. That would throw the cat among the pigeons.

[slap bash]

It never fails to amaze me that when there is blatant injustice in our country which affects us all.  And we have to all pay to make up for the shortfall in taxation. There will be some short-sighted idiots supporting the unfair practice by the super-rich. Why do I ask is it posable they cannot see the truth for what it is?
Is it a case of just being different or just plain stupid. Surely as us, all being in the same boat face the same hardships.
Is it so difficult to see these loopholes were created by the rich a powerful to benefit there wealthy greedy needs?
|Do you as one that side with this point of view sees themselves as part of this class.
To me its a case of how we have been dumbed down so as not to see when we are been ripped off big time.

[Dry Clean]

It never fails to amaze me that when there is blatant injustice in our country which affects us all.  And we have to all pay to make up for the shortfall in taxation. There will be some short-sighted idiots supporting the unfair practice by the super-rich. Why do I ask is it posable they cannot see the truth for what it is?
Is it a case of just being different or just plain stupid. Surely as us, all being in the same boat face the same hardships.
Is it so difficult to see these loopholes were created by the rich a powerful to benefit there wealthy greedy needs?
|Do you as one that side with this point of view sees themselves as part of this class.
To me its a case of how we have been dumbed down so as not to see when we are been ripped off big time.

As I said on the VAT thread which is a good example of pleb mentality, the rich protect each other while plebs fight with each other over the scraps.

[slap bash]

you are so correct.