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Paradise papers

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View steeleye20's Profile steeleye20 Flag Croydon 07 Nov 17 2.22pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Originally posted by Rudi Hedman

And The Beatles in America? Bono? Any more?

I spent 2 years in Frankfurt but not for taxation reasons, no the 'brain drain' in my case.....

 

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View Lyons550's Profile Lyons550 Flag Shirley 07 Nov 17 2.47pm Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by steeleye20

They are in the very fortunate position of having wealth by work or not depends who or what it is.

So they have a unique position, unlike the vast majority of us, of being able to contribute more to the society that made them wealthy.

It is actually their reward to be able to contribute more.

They should be happy!!!!!!!


Again...you have such a myopic view and are simply looking at individuals rather than the real problem...corporations.

However, taking you on your point,there are many way's such people contribute to society an are 'rewarded', not just cash

Being able to provide jobs, act as mentors and inspiration to others...working harder to pay more tax to support others who couldn't be bothered is no such reward.

Perhaps if they were able to say WHO they wanted to benefit from their taxes it'd have a greater 'reward' I guess

Edited by Lyons550 (07 Nov 2017 2.49pm)

 


The Voice of Reason In An Otherwise Mediocre World

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View Stuk's Profile Stuk Flag Top half 07 Nov 17 2.53pm Send a Private Message to Stuk Add Stuk as a friend

Originally posted by Lyons550

...and again I think npn has hit the nail on the head.

The real issue here is that ALL this stuff is LEGAL...so it doesnt matter what tangents we all go off on during this thread the real question that needs answering is wtf is the WORLD going to do about it to bring all the corporations (forget about individuals for the time being) to book and pay tax when and where its due.

Start there and then look at individuals...the whole BBC panorama programme last night was simply celeb bashing, solacious and tabloidesque

Those bits sum it up.

The Guardian make you laugh, putting a picture of Hamilton on the front page, due to avoiding £3.3m of VAT on his plane, while they just have a sub-headline about Apple casually moving hundreds of billions of pounds from Ireland to Jersey. Same t with the Sun etc and the 3 saps from Mrs Brown's Boys.

Don't worry about perspective, just whack a picture of a famous (or even semi-famous) person up and let the witch hunt continue.

 


Optimistic as ever

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View Lyons550's Profile Lyons550 Flag Shirley 07 Nov 17 2.56pm Send a Private Message to Lyons550 Add Lyons550 as a friend

Indeed...I wonder how many of the papers accounts would stand up to scrutiny with the same 'morale lens'?

 


The Voice of Reason In An Otherwise Mediocre World

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View Mr Palaceman's Profile Mr Palaceman Flag 07 Nov 17 4.33pm Send a Private Message to Mr Palaceman Add Mr Palaceman as a friend

Originally posted by Stuk

Those bits sum it up.

The Guardian make you laugh, putting a picture of Hamilton on the front page, due to avoiding £3.3m of VAT on his plane, while they just have a sub-headline about Apple casually moving hundreds of billions of pounds from Ireland to Jersey. Same t with the Sun etc and the 3 saps from Mrs Brown's Boys.

Don't worry about perspective, just whack a picture of a famous (or even semi-famous) person up and let the witch hunt continue.

I got to agree with this. I don't give one hoot about Hamilton getting some of the VAT back on the purchase of his plane. I avoid tax all the time, I travel a bit and rarely buy aftershave unless I'm at the airport, he just bought a plane at the airport.

Mrs Browns boys is different, to me that's tax evasion, it appears they live and work here but pay nothing. It may be legal, maybe not but that needs to stop, if the rest of us have to pay.

But that is small fry compared to the likes of Apple and Amazon etc. That is a much, much, much bigger problem.

I'm surprised not to have seen a few politicians caught up in this last round of revelations.

Edited by Mr Palaceman (07 Nov 2017 4.33pm)

 


"You can lead a horse to water but a pencil must be lead"

Stan Laurel

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View Midlands Eagle's Profile Midlands Eagle Flag 07 Nov 17 4.42pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Mr Palaceman

Mrs Browns boys is different, to me that's tax evasion, it appears they live and work here but pay nothing. It may be legal, maybe not but that needs to stop, if the rest of us have to pay.

How can it be legal?

The reasoning behind their scheme is that they don't draw any income but borrow the funds from an offshore bank. Surely loans have to be repaid and if they aren't repaid then they can't be loans

 

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View Stuk's Profile Stuk Flag Top half 07 Nov 17 4.53pm Send a Private Message to Stuk Add Stuk as a friend

Originally posted by Mr Palaceman

I got to agree with this. I don't give one hoot about Hamilton getting some of the VAT back on the purchase of his plane. I avoid tax all the time, I travel a bit and rarely buy aftershave unless I'm at the airport, he just bought a plane at the airport.

Mrs Browns boys is different, to me that's tax evasion, it appears they live and work here but pay nothing. It may be legal, maybe not but that needs to stop, if the rest of us have to pay.

But that is small fry compared to the likes of Apple and Amazon etc. That is a much, much, much bigger problem.

I'm surprised not to have seen a few politicians caught up in this last round of revelations.

Edited by Mr Palaceman (07 Nov 2017 4.33pm)

It's whether HMRC see it as that, or avoidance, that counts though.

I have no idea, but do they not all live in Ireland?

 


Optimistic as ever

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View steeleye20's Profile steeleye20 Flag Croydon 07 Nov 17 5.00pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Originally posted by Lyons550


Again...you have such a myopic view and are simply looking at individuals rather than the real problem...corporations.

However, taking you on your point,there are many way's such people contribute to society an are 'rewarded', not just cash

Being able to provide jobs, act as mentors and inspiration to others...working harder to pay more tax to support others who couldn't be bothered is no such reward.

Perhaps if they were able to say WHO they wanted to benefit from their taxes it'd have a greater 'reward' I guess

Edited by Lyons550 (07 Nov 2017 2.49pm)

I don't think especially now anybody would buy the gospel according to the Daily Mail anymore.

 

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View Lyons550's Profile Lyons550 Flag Shirley 07 Nov 17 5.01pm Send a Private Message to Lyons550 Add Lyons550 as a friend

Originally posted by Midlands Eagle

How can it be legal?

The reasoning behind their scheme is that they don't draw any income but borrow the funds from an offshore bank. Surely loans have to be repaid and if they aren't repaid then they can't be loans


Loans can be made on varying basis to and from companies as long as an agreement is in place. I'm currently looking at loaning my own company sum money to get it off the ground. I can LEGITIMATELY charge the company interest (as long as its reasonable and not say 10%pa) and the term of the loan can be indefinite...which I guess is a similar thing to what's happening here..the company is loaning the individual the money on an indefinite basis...or buying things as 'advised' by the individual for them then to use at heir leisure.

 


The Voice of Reason In An Otherwise Mediocre World

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hedgehog50 Flag Croydon 07 Nov 17 5.07pm

Originally posted by Mr Palaceman

I got to agree with this. I don't give one hoot about Hamilton getting some of the VAT back on the purchase of his plane. I avoid tax all the time, I travel a bit and rarely buy aftershave unless I'm at the airport, he just bought a plane at the airport.

Mrs Browns boys is different, to me that's tax evasion, it appears they live and work here but pay nothing. It may be legal, maybe not but that needs to stop, if the rest of us have to pay.

But that is small fry compared to the likes of Apple and Amazon etc. That is a much, much, much bigger problem.

I'm surprised not to have seen a few politicians caught up in this last round of revelations.

Edited by Mr Palaceman (07 Nov 2017 4.33pm)

I'm more concerned about Mrs. Brown's crimes against comedy.

 


We have now sunk to a depth at which the restatement of the obvious is the first duty of intelligent men. [Orwell]

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View Badger11's Profile Badger11 Flag Beckenham 07 Nov 17 5.09pm Send a Private Message to Badger11 Add Badger11 as a friend

I have no idea if the Mrs Browns Boys actors did something wrong. However this can be easily fixed by HMRC. As I understand it the BBC paid these people in full on the assumption that they would pay the appropriate tax. The solution would be that the BBC and others should be ordered to deduct tax up front e.g. PAYE. If these people believe that they are entitled to a rebate then they can discuss that with HMRC. Dress it up anyway you like but these people are being paid a salary so should be taxed accordingly.

Disappointed at the media focus on Bono and Lewis Hamilton. I may be wrong but neither of them are domiciled or pay tax in the UK. Whilst I don't like either of them surely their tax affairs are a matter for where they live?

I am more concerned with Jersey and other offshore tax havens which are "British" helping the likes of Apple get away with it.

 


One more point

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View steeleye20's Profile steeleye20 Flag Croydon 07 Nov 17 5.39pm Send a Private Message to steeleye20 Add steeleye20 as a friend

I would like to know more about London's role in this latest capitalist crisis.

Presumably London is the financial centre, the hub, of which all this slush is distributed.


 

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