Jump to content

BRFCS

BY THE FANS, FOR THE FANS
SINCE 1996
Proudly partnered with TheTerraceStore.com

[Archived] Extra ! Extra ! Read All About It !


Recommended Posts

Am i the only one that doesnt believe wealthy people and high earners should have to pay such high tax rates, im not political much, im more for fairness right across the board and also charging the well off so much tax only encourages them to find ways of paying as little tax as possible through whatever means available.

That is exactly what happened when the tax rate was raised to 50%, the overall take to the treasury went down.

Link to comment
Share on other sites

  • Replies 3.8k
  • Created
  • Last Reply

As Yoda says, the problem with setting tax rates too high is that more people will just find ways to get around it.

What pisses me off more than anything is the stupid way the contracting system works in this country. I currently work with 3 contractors who all brag about how little tax they pay and how they get around it.

So for example, they get circa £350 per day. Average of 48 weeks worked per year. That's £84,000 per annum. They then tax deduct ALL expenses, travel, food etc. Then pay themselves minimum wage to stay under the tax threshold. They then pay the rest to themselves in company dividends and just pay corporation tax at 20%.

OK, I've over simplfied a lot but its ridiculous you can get away with any of that.

All perfectly legal loopholes.

Link to comment
Share on other sites

As Yoda says, the problem with setting tax rates too high is that more people will just find ways to get around it.What pisses me off more than anything is the stupid way the contracting system works in this country. I currently work with 3 contractors who all brag about how little tax they pay and how they get around it.So for example, they get circa £350 per day. Average of 48 weeks worked per year. That's £84,000 per annum. They then tax deduct ALL expenses, travel, food etc. Then pay themselves minimum wage to stay under the tax threshold. They then pay the rest to themselves in company dividends and just pay corporation tax at 20%.OK, I've over simplfied a lot but its ridiculous you can get away with any of that.All perfectly legal loopholes.

Who is the numbnuts that is paying them 350 a day instead of employing them ?

If they are habitually supplying a service to an entity then they are or should be classed as employed by HMRC rules.

Link to comment
Share on other sites

Who is the numbnuts that is paying them 350 a day instead of employing them ?

I work in IT. Every single company I have ever worked for has employed MANY MANY contractors and £350 per day is the low end example.

Contractors rates "come out of another pot" when the bean counters are adding numbers up and they are cheaper and easier to get rid of.

Link to comment
Share on other sites

Just a quick question, do we actually know what he did with the pay rise? I've just had a look and apart from comments saying he won't take it back in 2014, I can see no other mentions.

MP's can't actually refuse the payrise as such but many promised the money to Charity instead. There is website here http://www.donatemypayrise.co.uk/mp-list/which seems to track the ones that have been confirmed. Skinner is not mentioned although that doesn't mean he hasn't donated to charity, just that he hasn't declared it. It is interesting to see that there is actually a broad mix of MP's that have confirmed giving the money to charity though.

Having now read the "sources" it appears that website is also a bit crap as they are just using comments from twitter or papers so why they haven't flagged Skinner as donating, I have no idea.

Funnily enough though, even choosing to give the money to charity is tax deductible.

I have no idea if he donated his money to charity or not, maybe he gave it to the local hospice or hospital. But I can tell you one thing I have no reason to think he'd be telling fibs, like I said hes a politician with principles, a dying breed sadly.

I heard Jess Philips the other day telling a story about her mother and fathers savings

“My mum and dad didn’t have a little postbox in Panama where they sent their savings.”

Jess Philips mother donated to her local NHS hospital instead of hiding it away in a tax avoidance scheme. I'm not advocating everyone should do that, but thats to be applauded.

Link to comment
Share on other sites

Am i the only one that doesnt believe wealthy people and high earners should have to pay such high tax rates, im not political much, im more for fairness right across the board and also charging the well off so much tax only encourages them to find ways of paying as little tax as possible through whatever means available.

There is an argument for people / companies paying their fair share for instance in the 2013/14 tax year I (sole trader business) paid more tax than Chevron (turnover 3 BN AU$), Quantas, Virgin Australia, Vodaphone,Exxonmobil and Unicharm -COMBINED in Australia - Fair? I'm pretty sure that those companies make use of a lot more of the infrastructure paid for and maintained by taxes than I do

Granted nobody likes paying taxes, but its a necessary evil, so why should everybody not chip in ?.

Link to comment
Share on other sites

Who is the numbnuts that is paying them 350 a day instead of employing them ?

If they are habitually supplying a service to an entity then they are or should be classed as employed by HMRC rules.

I've just finished an IT project where a consultant was paid £550 a day, very common in IT, no employment rights of course, holiday pay, sick pay etc.

Link to comment
Share on other sites

There is an argument for people / companies paying their fair share for instance in the 2013/14 tax year I paid more tax than Chevron (turnover 3 BN AU$) in Australia - Fair? I'm pretty sure that Chevron use a lot more of the infrastructure paid for and maintained by taxes than I do

Nail on head, that is where the focus should be globaly instead of people targetting some wealthy individuals, it smacks of jealousy as they have probably already paid a large amount in tax

Link to comment
Share on other sites

  • Moderation Lead

Nail on head, that is where the focus should be globaly instead of people targetting some wealthy individuals, it smacks of jealousy as they have probably already paid a large amount in tax

No jealousy from me, just frustration that 1/5 of my wage goes to the government each month, but it's not the case with others who could and should be paying their way!

Link to comment
Share on other sites

Nail on head, that is where the focus should be globaly instead of people targetting some wealthy individuals, it smacks of jealousy as they have probably already paid a large amount in tax

If you live in this country pay your tax bill, its simple, if you have £100m in the bank you can afford it. We should be targeting people and companies dodging tax, simple as that.

If you claimed welfare illegally you'll be hauled before the courts, if you evade or dodge tax the odds are you'll never see a judge unless you watch daytime TV.

The Tories have been in power for 6yrs now and still no progress.

George claimed he'd not benefit from changes he made to tax levels, when in fact his tax returns shows him thousands better off! so what chance do we have......

Thankfully: "We're all in this together"

Link to comment
Share on other sites

Nail on the head Yoda. All Socialist "soak the rich" dogma is born out of jealousy.

That maybe the case for some but I'm sure a lot more people socialist or not just want a slightly more level playing field , IF you do not want to pay the taxes that you are expected to in a country you live in or operate in, close your business down, hand your passport in and go elsewhere.

But do not cheat the the country that is providing you with the infrastructure that allows you to operate.That infrastructure needs to be maintained

Link to comment
Share on other sites

Because he's a Republican. He was at the events at least why should he sing the so called national anthem? Its an absolute joke of an anthem.

http://www.theguardian.com/commentisfree/2015/sep/16/jeremy-corbyn-national-anthem-authenticity-queen-republican

Still I completely disagree with his weapons policy. "Never met a terrorist he didn't like"'-Richard Littlejohn.

Perhaps you'd be happier if he sang the the red flag ? To be honest though the more he acts out of kilter the more unelectable he is 😊👍

Are you sure you're really an adopted scouser? not sure you'd win a vote to become an adopted scouser in Liverpool supporting dodgy dave and his mates :P

.

GAV you and I have been on here long enough to know 'you never change your user name' 😂

Link to comment
Share on other sites

Perhaps you'd be happier if he sang the the red flag ? To be honest though the more he acts out of kilter the more unelectable he is 😊👍

GAV you and I have been on here long enough to know 'you never change your user name' 😂

Dodgy Nick .. Go on admin I know you want to
Link to comment
Share on other sites

Wayne Wild (WEC Group) is offering a "substantial reward" after someone broke into his car at Moorlands Court, Darwen. Footage captured on CCTV. So anyone with information tell me first!

Didn't see this yesterday (don't think I even heard it either) huge military plane flying over Blackburn. The article does state that Blackburn isn't usually on any flight paths so at least that rules out any Lockerbie type scenario.

http://www.lancashiretelegraph.co.uk/news/14420113.IN_PICTURES__East_Lancashire_residents_startled_and_confused_by_low_flying_military_plane/

Link to comment
Share on other sites

Wayne Wild (WEC Group) is offering a "substantial reward" after someone broke into his car at Moorlands Court, Darwen. Footage captured on CCTV. So anyone with information tell me first!

Didn't see this yesterday (don't think I even heard it either) huge military plane flying over Blackburn. The article does state that Blackburn isn't usually on any flight paths so at least that rules out any Lockerbie type scenario.

http://www.lancashiretelegraph.co.uk/news/14420113.IN_PICTURES__East_Lancashire_residents_startled_and_confused_by_low_flying_military_plane/

Bringing the gold bullion over from Pune to Ewood for the transfer budget :). Have all the TVH houses up Shad got solar roof panels?

Link to comment
Share on other sites

No lol.

Thought it might have been a trial scheme or something, pretty common to see over here. Mind you there are some new panels coming to market that generate from raindrops and the sun, so hope for widespread roof panels in the UK

Link to comment
Share on other sites

Thought it might have been a trial scheme or something, pretty common to see over here. Mind you there are some new panels coming to market that generate from raindrops and the sun, so hope for widespread roof panels in the UK

Not sure I can't remember the exact year some houses got them. My old house for instance (which I don't believe has been sold its still TVH) now has solar panels up. It was my Mum's name on the TVH books anyway (though we always agreed it was my house in everything but name ;) ) and I don't think she had any interest in getting them. Like I say though its 6 years since she moved (7 and half in my case and I didn't move very far) so can't remember whether any other houses on the street had them then. Obviously it would need TVH permission but I'm not sure if its a trial scheme (its been a very long trial lol if that was the case) or simply tenants wanting to save energy. It probably costs a bit so perhaps TVH do subsidise it.

Its not just Shadsworth of course. You can see panels in numerous areas. Have a look on street view lol. Having looked I can see my old house had solar panels by Nov 2012. Infact its the only one on the street that did (still is now) and its not a huge street. Highest number is 28 and that includes one up/one down flats total of 8 overall. This is no indication that I'm in Shadsworth (maybe I am, maybe I'm not that's my business) but the houses where I am are of similar type to those in the LT pic. Different brickwork perhaps but pretty much the same sort of model.

Link to comment
Share on other sites

That maybe the case for some but I'm sure a lot more people socialist or not just want a slightly more level playing field , IF you do not want to pay the taxes that you are expected to in a country you live in or operate in, close your business down, hand your passport in and go elsewhere.

But do not cheat the the country that is providing you with the infrastructure that allows you to operate.That infrastructure needs to be maintained

Where did I say I don't want to pay my taxes? What I say is jealousy is the ones who want to soak the rich simply because they have more than them. Most socialism is based on jealousy. I am not rich but I do not want to take their hard earned money from the ones who are. Nor do I want to prevent them from passing their money on to their children.

Link to comment
Share on other sites

  • Moderation Lead

Where did I say I don't want to pay my taxes? What I say is jealousy is the ones who want to soak the rich simply because they have more than them. Most socialism is based on jealousy. I am not rich but I do not want to take their hard earned money from the ones who are. Nor do I want to prevent them from passing their money on to their children.

That's the thing though Al, if they were paying their taxes, this wouldn't even be up for debate would it? I can't see anyone on here begrudging them their wealth, I'm certainly not. If they're deliberately avoiding paying taxes by funneling their money offshore that's wrong, even if it is legal.

Link to comment
Share on other sites

Where did I say I don't want to pay my taxes? What I say is jealousy is the ones who want to soak the rich simply because they have more than them. Most socialism is based on jealousy. I am not rich but I do not want to take their hard earned money from the ones who are. Nor do I want to prevent them from passing their money on to their children.

Apoligies if you took it that way and can see from re-reading it reads that way . The first sentance was the only one directly in reply to yourself and should have started a new line with the IF you do not ......... was meaning in general and not directly you, perhaps would have been better phrased as If people do not ....

Link to comment
Share on other sites

Looking at the main point of this I can't help but feel Cameron is getting uneccesary grief over this. From what I read in the papers his tax looks pretty clear and he's quite entitled to receive gifts from his mother. I thought it was called tax planning.

Whether or not it's morally acceptable is a different discussion. Where Cameron went wrong was not coming clean initially and now he's being judged as both guilty and untrustworthy. I think it questions his judgement, he must have known the media and his political opponents would come after him.

The principle behind taxation needs addressing but surely we have far more important things to concern us than Cameton's tax now that he has published his returns, or at least a summary.

He failed to register his shares in Blairmore on becoming an MP. Also he lobbied for the protection of offshore trusts whilst being an undeclared beneficiary of one !

That's seriously naughty.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.