Foxholer
Blackballed
Just because it's not Capitalism doesn't mean it's Socialism!
Tax evasion is illegal! Tax avoidance is legal! Massive difference!
Socialism ?
- Thread starter SocketRocket
- Start date
USER1999
Grand Slam Winner
Mods not allowed and opinion then?
FYI i give the DC scandal to back this up by the way
Sure, but I wasn't aware insults were back on the menu.
what insult is that??
TBh i've seen far worse and been subjet to it from that poster, TBH in the scheme of things what you are on about isn't an insult... why not report it if you think its against the rules?
USER1999
Grand Slam Winner
Seriously?
USER1999
Grand Slam Winner
In a slightly more perfect world, it would be nice if the guys moderating the forum were more, how can I put it, moderate. Yep, that's the word I am looking for. Moderate.
of course, if you think i've broken the rules, i'm sure a mod will investigate
triple_bogey
Tour Rookie
BOOOM.........nail on head........''slow clap''
The UN have found 37+ countries in favour of what China are doing. Against the 22 countries (funnily enough countries that are loyal dogs to the US).
Most of the 37+ are mainly Muslim countries...Go figure!
Or a little statement from the World Bank
It's no secret, China does invite diplomats from other countries to come see for themselves (especially the US, but they refuse.....why would that be?)
Exactly what China is doing..........But in the western world its called ''re-education and ''rehabilitation''......China= concentration camp
Foxholer
Blackballed
If that's truly the case, that sets a very low bar!
NHS certainly doesn't = Socialism!
Grant85
Head Pro
Not so massive a difference.
A lot of avoidance becomes a grey area and difficult to prove. For example, making your spouse a director of your company and paying them a salary of £10,000.
Perfectly legal and all declared through PAYE or Self Assessment, and probably saving around £4,000 in tax, as long as she is actually working but clearly almost impossible to prove if she isn't.
Whereas a tradesmen taking £500 cash for a job and not declaring it, definitely illegal, but again, almost impossible to prove.
And that's just the simple ones, before you get into the scenario of Costa registering a company in the Carribbean and selling the branding rights to Costa UK for millions, in order to show very few profits in the UK operation.
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Foxholer
Blackballed
Don't need to make spouse a Director - simply a shareholder and pay a dividend. No 'moral' issue there. Plenty of other 'tax saving benefits' available also - though with certain constraints involved too. And they are even recognised and approved of by HMRC!
Ethan
Money List Winner
Indeed, and the word socialist was used to attract the working class attracted to communism at the time. Identifying the Nazis as socialist confirms a diagnosis of a fundamentalist right winger with an irrational hatred and an utter lack of understanding of the left.
Grant85
Head Pro
No moral issue for you, clearly, but unless she is doing a meaningful amount of work it is clear tax evasion and potentially a criminal breach.
Ethan
Money List Winner
Really? How is it clearly tax evasion and what law is being breached?
Foxholer
Blackballed
Utter Twaddle!
Grant85
Head Pro
Paying a portion of your own salary via your spouse to avoid tax, if they are not doing any work, is definitely tax evasion and illegal.
Wolf
Well-known member
You clearly don't understand the difference between evasion and avoidance as well as you think you do if you believe that.
Grant85
Head Pro
This is where we get into the area of people believing the tax rates are optional.
Grant85
Head Pro
I understand it perfectly, thanks.
Wolf
Well-known member
Clearly not.....
Foxholer
Blackballed
More Twaddle!
Read this article, then apologise for your ignorance!https://www.theregister.com/2007/07/26/arctic_systems_tax_ruling/
Though, indeed, both husband and wife 'contributed' to the running of the business - see other related articles for details.
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