Budget tomorrow

[Jimble]

Ouch! 37p on cigarettes....... Glad i don't smoke!

[VR6_Wherry]

there will be over 2000 job losses here, for anyone that i've met or has been to the Channel Islands you will already know that it is more expensive here then in the UK!

http://www.bbc.co.uk/news/world-europe-jersey-17401463

It sucks, sucks balls!

[Jay]

Chancellor says he's reducing the tax on video games. Call off Duty?

[AudiA8Quattro]

Chancellor says he's reducing the tax on video games. Call off Duty?

 

[The Mighty Elvi]

You can't "stop" tax avoidance because its not illegal.

The point being it should be illegal  stop expecting the man street to keep paying more when a lot of the rich are avoiding every little bit they can.

Well that's a well thought out statement.

If you give anybody several options to pay tax, they will all (you will all) take the route that pays least tax and puts more money into your pocket. FACT!

Example.

I can - as a company owner - chose to either:

1. Pay myself a full salary - On which I pay NI and Tax and the company pays NI.
2. Pay myself up to the Tax free allowance and take an annual dividend on my shares to make up my salary.

Both are perfectly legal, yet option 2 pays much less in tax to the Treasury and puts more money into my pocket.

I chose option 2, which is tax avoidance.

What a silly boy I am for doing that.

 

[Kerrse]

Well that's a well thought out statement.

If you give anybody several options to pay tax, they will all (you will all) take the route that pays least tax and puts more money into your pocket. FACT!

Example.

I can - as a company owner - chose to either:

1. Pay myself a full salary - On which I pay NI and Tax and the company pays NI.
2. Pay myself up to the Tax free allowance and take an annual dividend on my shares to make up my salary.

Both are perfectly legal, yet option 2 pays much less in tax to the Treasury and puts more money into my pocket.

I chose option 2, which is tax avoidance.

What a silly boy I am for doing that.

 

My point is the majority of people dont get the chance to avoid tax so maybe it's time people who do have the option removed.

You may be doing what you are allowed to do but so are the very wealthy people doesn't make it right though does it.

 

[The Mighty Elvi]

You know what. Rather than bleating on about "The Rich" and "it's not fair"  , I'd rather people aspire to be rich themselves.

Then we would all be rich.

 


The opportunity to avoid tax is not exclusive to the rich, it's based on your circumstances. Rich or poor.  The rules are the same for everyone.

[Kerrse]

You know what. Rather than bleating on about "The Rich" and "it's not fair"  , I'd rather people aspire to be rich themselves.

Then we would all be rich.

 


The opportunity to avoid tax is not exclusive to the rich, it's based on your circumstances. Rich or poor.  The rules are the same for everyone.

How do you know how wealthy or not i am you don't  ,you just presumed. So i am not bleating on i am just stating a point that people with serious money using loopholes to avoid tax should be stopped.


It would be a great world if we didn't have to pay tax in fact i don't like how much tax i pay but unfortunately we do thats how our society works, we could all give not paying tax a go see how that works out for us.

Greece could be a good example of how too much tax avoidance works out.

[The Mighty Elvi]

The problems in Greece were down to rampant tax evasion, not avoidance.


"The images beamed through Greek TV sets have now become familiar: they show once-powerful, established members of the Greek business world escorted in handcuffs, accused of dodging millions of euros in tax.

And on Sunday, as part of an attempt to combat rampant tax evasion, the Greek government published a list naming 4,152 major tax dodgers.

The evaders, who had been forewarned to either pay up or risk being named and shamed, appear to owe the state a total of €14.877bn."


From The Guardian.

[Kerrse]

The problems in Greece were down to rampant tax evasion, not avoidance.

You say avoidance i say evasion, you say potato i say tomato lol anyway we could debate this all day but i need to get back to doing some work