F1 Restart

[Beedee]

Must admit I don't like sportspeople getting gongs while they're still competing. I'd rather they'd finished their careers and we were confident their reputation was free from major foul-ups / scandals / pharmaceuticals.

I must add this isn't a dig at Hamilton. I think he's tax advice has been questionable (but not illegal), but that hasn't stopped plenty of others getting their K's.

 

[4LEX]

Tax avoidance is perfectly legal. Tax evasion is most certainly not.

So an ISA, pension, partaking in a cycle to work scheme or buying duty free are all perfectly legal ways to avoid paying some tax. As is being a contractor and running as a single director limited company, paying yourself minimum wage and taking a yearly dividend.

Doing a bit of weekend work off the books for cash and not declaring the income is tax evasion and not legal.

As far as I am aware Lewis has done nothing illegal. In fact he's probably had not a lot to do with any of his tax arrangements. He most likely leaves it all to his management company. As anyone with that sort of money and lifestyle would.

I don't know anyone who voluntarily pays more tax than they have to.

That's spot on to be fair. Anyone that pays more tax than required is a mug. I just think the tide has turned against high profile stars who leave the country for tax reasons when it comes to honours. Time will tell.

One of my friends is a race engineer who worked with Hamilton when he was at McLaren and he has nothing but great things to say about Lewis. Team player, time for everyone, passionate, focused, dedicated and a nice guy. I think the year Rosberg beat him and the constant moaning and whining put a lot of people off him though. He's a bad loser.

 

[SaintHacker]

Serious question to all those moaning about him not living here and paying tax, if you suddenly found yourself in the financial position to move to Monaco or Switzerland or wherever, and keep most of it not all of your earnings, what would you do?
Me? I'd be on the next Easyjet out of here...

 

[harpo_72]

Serious question to all those moaning about him not living here and paying tax, if you suddenly found yourself in the financial position to move to Monaco or Switzerland or wherever, and keep most of it not all of your earnings, what would you do?
Me? I'd be on the next Easyjet out of here...

Give wedges to my family and friends .. can’t spend £40million can’t be bothered with too much material rubbish. Give me my golf clubs, time to play and no worries about my day to day stuff and that’s me sorted... nothing I ever buy makes me as happy as hitting golf balls.

 

[robinthehood]

Give wedges to my family and friends .. can’t spend £40million can’t be bothered with too much material rubbish. Give me my golf clubs, time to play and no worries about my day to day stuff and that’s me sorted... nothing I ever buy makes me as happy as hitting golf balls.

Yeah but you'd be doing it somewhere warm all year round.

 

[robinthehood]

Serious question to all those moaning about him not living here and paying tax, if you suddenly found yourself in the financial position to move to Monaco or Switzerland or wherever, and keep most of it not all of your earnings, what would you do?
Me? I'd be on the next Easyjet out of here...

Same as , although maybe I'd fly 1st class ?

 

[Beedee]

Serious question to all those moaning about him not living here and paying tax, if you suddenly found yourself in the financial position to move to Monaco or Switzerland or wherever, and keep most of it not all of your earnings, what would you do?
Me? I'd be on the next Easyjet out of here...

How much money do you need before you don't care anymore? Mr Hamilton has a salary of $40M a year. Then there's all the rest of sponsorships, image rights, appearance money, etc, etc. If you get £1M a week and can't afford to pay some tax and put a little aside for your pension then you probably need to draw up a weekly budget plan!

 

[harpo_72]

Yeah but you'd be doing it somewhere warm all year round.

Might have a few holidays but it won’t be in term time.. I would have the state of the art golf studio / simulator . But blowing £40million, no chance that is a disgusting amount of money. £100k a year after tax is a pretty sweet lifestyle especially if you can pick and choose what you do every day. As I have already stated just hitting golf balls and playing golf is good enough for me.

 

[bobmac]

But blowing £40million, no chance that is a disgusting amount of money.

I agree.
But I guess it's what you do with it that matters, plenty of good causes always need help.

If all the F1 drivers chipped in to buy specially adapted cars for the disabled, they would get more respect.

Think of the good all the footballers in the country could do if they all got together.
I'm sure alot of them do help individually but getting together they could make a real difference....

The Manchester Footballers Hospital
The London Footballers Shelters for the homeless.
The Liverpool Footballers refugee centre
etc. etc.

 

[Canary_Yellow]

Give wedges to my family and friends .. can’t spend £40million can’t be bothered with too much material rubbish. Give me my golf clubs, time to play and no worries about my day to day stuff and that’s me sorted... nothing I ever buy makes me as happy as hitting golf balls.

Says the man with a picture of his Jag as his avatar

Just teasing, but it's very easy to say a lot of things when it's not your reality.

It's probably already been noted above, but Hamilton does actually pay a lot of UK tax. The other thing that is different about him is that he doesn't actually make his money in the UK so really why should the UK have a claim on it? His lifestyle is an international one, he has to be nominally based somewhere, why should it be the UK?

I think he should get a knighthood, whether people like him on a personal level or not, I think he is someone that Britain should be very, very proud of.

 

[harpo_72]

Says the man with a picture of his Jag as his avatar

Just teasing, but it's very easy to say a lot of things when it's not your reality.

It's probably already been noted above, but Hamilton does actually pay a lot of UK tax. The other thing that is different about him is that he doesn't actually make his money in the UK so really why should the UK have a claim on it? His lifestyle is an international one, he has to be nominally based somewhere, why should it be the UK?

I think he should get a knighthood, whether people like him on a personal level or not, I think he is someone that Britain should be very, very proud of.

That’s true I am sure there would be a flurry of spending... the jag has gone, it was nice as was the velar that followed but the 10yr old MX5 stayed .. simple and suitable for my needs.

 

[Canary_Yellow]

That’s true I am sure there would be a flurry of spending... the jag has gone, it was nice as was the velar that followed but the 10yr old MX5 stayed .. simple and suitable for my needs.

Interesting (to me anyway!), how different the F Pace and Velar are as a driving experience given how much of the underlying parts are shared

 

[Crumplezone]

It's a shame that some people find it necessary to paint Hamilton as a racist because of his support for BLM and their (deliberate) failure to comprehend their message. I don't agree with absolutely all of the politics surrounding BLM, but at the end of the day, Hamilton is trying to make people's lives better. He's accused of bringing politics into F1, but there's nothing political about fighting discrimination. It's also claimed he's hypocritical for driving for Mercedes due to what they did in the war. These people also claim he's not that great a driver and was given preferential treatment in his early days. All absolute garbage of course. In reality it's just jealousy and and excuse for thinly disguised racism on their own part. He's definitely the best driver of his generation.

 

[harpo_72]

Interesting (to me anyway!), how different the F Pace and Velar are as a driving experience given how much of the underlying parts are shared

PM’d you

 

[Deleted member 15344]

 

[Deleted member 18645]

That puts O'Sullivan into the same nob class as Hamilton. If Ronnie makes a mistake, he doesn't go into a wall at 150 mph.

 

[Deleted member 29109]

Ronnie could learn a thing or two from Lewis about applying himself and showing a touch of class.

Both are arguably the most naturally gifted of all time at their chosen sport. Only one of them smashing pretty much all relavent record in their sport. The other is becoming even more of clown and is in the news more for the crap coming out of his mouth than his performances.

 

[robinthehood]

I think Ronnie is amazing, but he needs to think about the thngs he says.
A mistake in Snooker is possibly loss of frame, in Motor racing its possibly loss of life.

 

[ger147]

Ronnie is the most amazingly fantastic snooker player I have ever had the pleasure of watching but he is also a massive, humongous tool.

Ronnie makes Phil Taylor look modest, he should stick to running...

 

[Deleted member 29109]

Nice to see reports that Lewis will finally be knighted in the new year hon.