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Gary Barlow

Discussion in 'General chit chat' started by kuro, May 10, 2014.

  1. kuro

    kuro Busy Member

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  2. Barcelona68

    Barcelona68 Banned

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    When you have a bit of dosh you try to keep it with paying the minimum amount of tax on it.. I'm sure most rich folk have off shore bank accounts and very clever accountants.

    Hell even my Dad had a Swiss bank account in the 70's...
     
  3. milek

    milek Honorary Member

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    Agree with Barc. Better in your pocket than the taxmans
     
  4. sillygarry

    sillygarry Posting Addict

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    welcome to the us and them world we live in pure greed:rant:
     
  5. Mart61

    Mart61 Pro Poster

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    There is a difference between tax avoidance (which is legal) and tax evasion (which is illegal). I actively participate in tax avoidance, as do most self employed people.
     
  6. kuro

    kuro Busy Member

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    Come to think of it my old man did the same in Jersey.
     
  7. kuro

    kuro Busy Member

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    But it wasnt 60 million!!!
     
  8. reaper6

    reaper6 Banned

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    Gary Barlow...what a boring creature
     
  9. Soximus

    Soximus Busy Member

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    Tax....mmmmm...

    When the Queen dies will she pay 40% inheritance tax......I think not....

    If its a legal way to avoid paying it then fair enough...there are lots of others that are evading it illegally...go after these first....trouble is they are not celebrities so don't sell newspapers or media as well....

    What a f' d up world we live in....
     
  10. kuro

    kuro Busy Member

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    Dont get me started on inheritance tax, a contentious tax on everything you've already paid tax on. Im still waiting to hear if my late aunts estate will be affected by that. All depends on if my uncle left everything to her when he died. If he did then shes exempt up to 650k
     
  11. Soximus

    Soximus Busy Member

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    Well I really hope that works out for you.....

    Its an abhorrent tax for the reasons you stated. Born free, taxed to death ...no kidding!
     
  12. sneakysniper

    sneakysniper Donator

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    Not illegal (for now) but how about immoral? Particularly in the case of Gary Barlow with all his charity fundraising etc. His % of tax he has "avoided" could have been put to very good use i imagine? Now if we mention Vodaphone or Starbucks avoiding taxation i bet you won't feel the same way?

    Do self employed people avoid tax or evade it?
     
  13. Mart61

    Mart61 Pro Poster

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    I'm sure there are some that do both. Personally I avoid tax. I pay everything that I have to pay. I am VAT registered, I charge my clients VAT as appropriate, all of which I pay to HMRC. I reclaim the VAT on legitimate business expenses. I pay personal income tax when due, I pay corporation tax when due.

    In summary I pay everything I legally have to pay. Nothing more. Nothing less. If Starbucks, Vodafone, Amazon etc do the same, as you can IMHO bet your bottom dollar they do, I'm fine with that. I'm sure their tax accountants and lawyers make sure they are paying all they have to.
     
  14. Paul Cann

    Paul Cann Posting Addict

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    It's a non winnable situation, the tax code in this country is hundreds of pages and mindbogglingly confusing, so when tax legislation needs looking at the governbent staff aren't up to the job so an outsider is employed on a temp basis to write it or correct it, that outsider can write tax codes that allow companies like amazon or Vodafone to avoid paying and is probably a director on many of those big corporations earning millions for that very reason . If the governbent forced the big corporations to pay what they legally owe the companies would threaten to relocate to a different country then the governbent gets zero tax from them on anything, wages, shares, imports, purchases , spending of those wages in the high street etc, the effects would be catastrophic on the economy . Big corporations not paying tax has been going on for ever, it just appears shocking as it has only recently found its way to the public eye. Ask a big city banker and they will tell you exactly the same
     
  15. DaveF

    DaveF Busy Member

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    nobody likes paying tax, what big business is now doing to avoid paying tax has now got way out of hand. they want to make the profits in uk using it market and infarstructure but don't wont to pay tax on the true profit they make here. Time to ban the transfer pricing scam where a company buys a widget for £1 in low tax country then sells it to its UK operation for £10, the uk operation then sells it for £11 so only £1 profit declared in uk when really the profit is £10. Time to introduce a sales tax paid by the retailer if they don't like the market, still one of top ten in the world, , let then go elsewhere to try and find the. sales. someone else will take their place that will pay tax here.
     

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