 | Home > Off Topic > Another Dodgy item on eBay |
 
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| JWL Member Since: 26 Oct 2011 Location: Hereford Posts: 3443   
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11th Apr 2016 9:12pm |
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| ibexman Member Since: 13 Dec 2008 Location: Essex Posts: 2945 
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11th Apr 2016 9:21pm |
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| nitram17 Member Since: 08 Jun 2014 Location: newcastle Posts: 2261 |
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12th Apr 2016 6:24am |
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| leeds Member Since: 28 Dec 2009 Location: West Yorkshire Posts: 8582
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Sorry discomog, Dennis Skinner knew he would be thrown out for insulting another MP in the chamber. He deliberately insulted the PM so he would be thrown out, so he would get shown on TV.
An experienced MP using the system for his own publicity. He would have served the tax payer better by being able to listen and continuing to contribute to that debate and other debates later that day. Now he will still get paid for that day. Would a private firm be happy to pay someone who had just been excluded from one of their principal place of employment? A self serving public stunt in my eyes. The main question is, has the PM done anything illegal? If not why the fuss? A lot of us have ISA which are a way of avoiding tax. Most of us have investment in pension schemes. Now are the pension schemes using various financial instruments to avoid paying the full rate of tax/corporate tax? My guess is yes? Tax avoidance is legal Tax evasion is illegal. Personally I believe tax should be paid in the country where the money/profit is earnt. Now eBay UK I believe is based in Luxemburg I believe. Now is that because they can legally export their UK profit to Luxemburg. eBay paid £620,000 tax on a profit of £12,400,000 or about 5%. Now what happen to the £11,800,000 once in Luxemburg? Exported to a tax haven under a very favourable tax system? Now as a UK taxpayer I would be very happy to pay 5% tax on all my income. Now without getting a calculator out David Cameron appears to have paid 1/3 of his income in tax which to me appears reasonable. Is that so far different to the same level of income taxpayers. Now if the discussion is about the moral/ethical side of taxation that is a different matter. Now I would suggest it would be more beneficial to the UK to ensure bigger corporations pay their fair share of tax on income earnt in the UK. Yes people and companies should pay the right amount of tax due under the UK tax system. Yes the tax system might need overhauling. Now if politicians are to publish their tax returns what about getting council leaders, charity directors and all other publicly funded bodies directors publishing their tax returns? It is interesting to note certain council/charity/university leaders get paid more then the PM Brendan |
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12th Apr 2016 8:02am |
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| Blacktt600 Member Since: 30 Nov 2013 Location: Leeds Posts: 125 
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Nice to see your back in the land of the living Brendan
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12th Apr 2016 8:20am |
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| leeds Member Since: 28 Dec 2009 Location: West Yorkshire Posts: 8582
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Yes am in the land of living, thank you. At this time of day you should be in the land of wood shavings, etc and busy finishing a lobby and kitchen off so get on with it. I will be around to inspect soon
Sorry for going OT Brendan |
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12th Apr 2016 8:36am |
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| Supacat Member Since: 16 Oct 2012 Location: West Yorkshire Posts: 11018 
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That's too simple a distinction now - see what happened in the Deutsche Bank and UBS case recently - http://www.dailymail.co.uk/news/article-34...hemes.html; and it technically ended years ago with the Guidance on the new General Anti-Abuse Rule (GAAR) - http://www.taxresearch.org.uk/Blog/2013/04...he-better/ There is now a test of resonableness to be applied to avoidance |
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13th Apr 2016 8:21am |
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| Cupboard Member Since: 21 Mar 2014 Location: Suffolk Posts: 2971 
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Worryingly I agree with Brendan
Who would want to be a PM anyway? It's such an awful job these days you're going to scare off anyone decent. |
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13th Apr 2016 8:29am |
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