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| Cupboard Member Since: 21 Mar 2014 Location: Suffolk Posts: 2971   
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If it's not illegal then he's done nothing wrong.
What he or anyone else does with their money is none of my business providing it isn't illegal, and no one deserves trial by tabloids or social media. The tax system is weird and complex but the blame cannot be fully laid on the current government. My dad was a tax accountant and at one point wrote to Gordon Brown saying words to the effect of "you do realise you've just opened up a really huge and rather stupid loophole don't you?", got a reply saying "so what?" then a snotty letter some time later saying "you sod why are you using such and such a loophole". At the end of the day my dad wouldn't have been doing his job properly had he not fully used the tax law. That's what people paid him to do. Incentives, let outs etc. are put in for a reason, and I don't think there's anything dubious about using them. There may have been something dubious about how the rules came about but that's not what's being discussed here. |
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6th Apr 2016 2:14pm |
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| Disco_Mikey Member Since: 16 Nov 2014 Location: Dundee Posts: 531  
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Do as I say, not as I do
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6th Apr 2016 2:23pm |
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| lambert.the.farmer Member Since: 11 Apr 2012 Location: harrogate Posts: 2006  
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I do wonder if those in the media who are crying foul are only doing so because they haven't worked out how to use the system themselves and are annoyed because they could have been saving their own money instead of pouring it into the treasury? Either that or its a case of "look at him instead of what I'm doing." Rhubarb and custard let fly with their secret weapon.
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6th Apr 2016 2:38pm |
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| JJ Member Since: 18 May 2009 Location: Winchester Posts: 932 
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I have a little bit of sympathy for Cameron in this context as it was his father not him that used the then legal tax loophole to avoid paying tax ??????
To suggest he benefited from going to Eton with that money is daft , of course he did but what do you expect him to have done when he was at school ?To say " dad I don't think I should go to Eton because I am not sure where the money's come from" Some of the press are hell bent on divisive politics class vs class . The politics of envy. If any illegal activities have taken place then absolutely prosecute and confiscate assets. I agree that far more should be done to take people out of paying tax and £25k would be a good start. Tax credits are also a shameful waste and just the tax payer subsidising poor paying employers with the likes of Google and Amazon , Tesco etc paying minimum wage and the tax payer topping it up while the chief exec pockets a 6 figure salary. laughable tax policy. HR064 Hampshire and Berkshire 4x4 Response |
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6th Apr 2016 3:52pm |
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| pjb Member Since: 08 Apr 2009 Location: Sunny Oxford Posts: 1244 |
Jesus my dad was a car dealer I'm sure he used some pretty dubious practices selling cars should I be held responsible for the dubious behaviour of my father ?
Tax avoidance/planning has been going on since the tax system started its nothing new , the higher the tax the greater the need to do it ! Greedy b  s have got rich by being greedy they are hardly going to pay tax unless they are made to.
We need a simplyfied tax system, with two rates a basic rate of 20% up to £100k and then a higher rate of 40% over £100k. All your income if you live in the uk is taxed at the above rates. If you spend a % of your time in the UK then that same % should be taxed in the uk no matter where you make the income. The sooner we get a simple & fair system to both poor & rich the better. I do not see why if I earm £1m that I should give more than 40% to the tax man ! As for castigating the son with the follies of his father, I thought as a society we had got past that - rant over 2020 P300 HSE |
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6th Apr 2016 4:17pm |
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| Supacat Member Since: 16 Oct 2012 Location: West Yorkshire Posts: 11018 
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I think you have missed the point - read again nobody mentioned Cameron benefiting...just the sins of the father. It's not hard to find the stories - this one from 2012 - http://www.theguardian.com/politics/2012/a...tax-havens but if you want evidence this one states Cameron got £300k from his dad - long after he did leave Eton |
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6th Apr 2016 7:03pm |
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| jomara Member Since: 26 Oct 2009 Location: Lanarkshire Posts: 1790 
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I think the problem lies with the wording of the statement and the fact that Tory peers and ex ministers are named yet a couple of years ago Mr Cameron said "You have to collect the taxes that are owed. That is only fair for companies and for people who play by the rules" and pledged to "fight the scourge of tax evasion" all the while knowing that his family are or have been involved in shady tax practices he is pledging to stamp out!!!
Just highlights of the lack of transparency and double standards we have come to expect of UK politicians!!! BBC coverage G8 Tax Evasion Summit 2013 http://www.bbc.co.uk/news/business-22956374 Found this amusing in today's Express, they've got a foot in both camps 
 2014 110 2.2TDCi XS Station wagon
1971 Bowler Tomcat 88 4.2 V8 Auto 2022 110 D250 XS Edition - Gone 2024 110 D250 X-Dynamic HSE |
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6th Apr 2016 7:23pm |
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| Projectblue Member Since: 22 Nov 2011 Location: Devon Posts: 1096
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To be clear, I have no problem with people earning money or using the tax system legally. I do have a problem with a hypocrites running the country. New project and it's green: www.projectoverland.info
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6th Apr 2016 9:04pm |
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| jimbob7 Member Since: 06 Jul 2013 Location: uk Posts: 2055 |
Ah,them liberal,lefty wishy washy's.Pointing out the other sides, complete tax collection EVASIONS,who needs em,eh?? Pov.spec,ftw. 2006, 110,TD5.
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7th Apr 2016 10:37am |
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| jimbob7 Member Since: 06 Jul 2013 Location: uk Posts: 2055 |
fake edit!!!! Pov.spec,ftw. 2006, 110,TD5.
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7th Apr 2016 11:09am |
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| jomara Member Since: 26 Oct 2009 Location: Lanarkshire Posts: 1790
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Click image to enlarge  2014 110 2.2TDCi XS Station wagon
1971 Bowler Tomcat 88 4.2 V8 Auto 2022 110 D250 XS Edition - Gone 2024 110 D250 X-Dynamic HSE |
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7th Apr 2016 12:54pm |
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| jimbob7 Member Since: 06 Jul 2013 Location: uk Posts: 2055 |
/\/\/\Liberal,lefty,wishy,washy's.Eh?? Pov.spec,ftw. 2006, 110,TD5.
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7th Apr 2016 1:21pm |
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| JJ Member Since: 18 May 2009 Location: Winchester Posts: 932
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I read that , from the peice "Though entirely legal, the funds were set up in tax havens such as Panama City and Geneva, and explicitly boasted of their ability to remain outside UK tax jurisdiction. At the time of his death in late 2010, Ian Cameron left a fortune of £2.74m in his will, from which David Cameron received the sum of £300,000." Not sure I have missed the point. It was an inheritance after his father died. HR064 Hampshire and Berkshire 4x4 Response |
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7th Apr 2016 2:11pm |
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| Muddybigdog Member Since: 11 Apr 2014 Location: Suffolk Posts: 1017 
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If I had a truck load of dosh, would definitely look at getting the best returns I could, even if involved offshore then so be it, trying to make the most of what you have is a good thing. As long as it's legal, nobody gets hurt, fill your boots, as it's all peanuts compared with international corporates taxation. Jumped ship to reliability - Mitsubishi L200
Puma 90 XS - Sold D3 - 2.7 S x2 (both Sold) Freelander 2 HSE - Sold Freelander 1 - Sold Disco 2 - Sold |
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7th Apr 2016 9:50pm |
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