LeeM
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Registered: 26th Sep 05
Location: Liverpool
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also theres 2 things, tax avoidance and tax evasion. avoidance isnt illegal yet but he reckons it will be very soon
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sc0ott
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Registered: 16th Feb 09
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Met jimmy after a comedy show in edinburgh. He is a very short guy.
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Robbo
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Registered: 6th Aug 02
Location: London
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tax avoidance cannot be illegal, its not breaking anything, its just a term for managing your earnings and paying as little as possible.
Typical British journalism wankign voer someon who actualyl has some sense and is mitigating their tax liabilities... glad to see most people agree (shame they cant get through to the morons who think corporations shouldnt do this...)
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M2RTY
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Registered: 25th May 01
User status: Offline
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Are people suprised by this? Anyone on decent money will have a LTD set up and be paying an accountant top whack to reduce tax where possible. Thats not illegal
How do you think footballers do it? Do you think they get a PAYE payslip and spunk 50% away to taxman?
No, the LTD gets paid, they take a wage, claim anything tax deductable, take dividends, etc. think the average professional footballer pays only 22% tax
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Nath
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Registered: 3rd Apr 02
Location: MK
User status: Offline
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quote:
Originally posted by willay
City worker hates someone whos avoiding tax, whats the world coming to?
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LeeM
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Registered: 26th Sep 05
Location: Liverpool
User status: Offline
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quote:
Originally posted by Robbo
tax avoidance cannot be illegal, its not breaking anything, its just a term for managing your earnings and paying as little as possible.
if the government want to make it illegal, im sure theyll find a way
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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quote:
Originally posted by James
quote:
Originally posted by willay
City worker hates someone whos avoiding tax, whats the world coming to?
I don't hate people that avoid tax, I just hate Jimmy Carr.
I'm also not a city worker.
sorry bruv, it was a cheap shot xxx
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Dom
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Registered: 13th Sep 03
User status: Offline
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quote:
Originally posted by Robbo
.......shame they cant get through to the morons who think corporations shouldnt do this.....
Bit of difference when corporations are evading tax due to back-handed deals with the HMRC; i wonder how many lunches/dinners Hartnett went on thanks to Vodafone? 
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Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
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laughable mate
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John
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Registered: 30th Jun 03
User status: Offline
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Vodafone accountant ok with dodging tax, would never have guessed 
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Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
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quote:
Originally posted by LeeM
quote:
Originally posted by Robbo
tax avoidance cannot be illegal, its not breaking anything, its just a term for managing your earnings and paying as little as possible.
if the government want to make it illegal, im sure theyll find a way
but theres nothign to make illegal... as i say, iavoidance is just a term for avoiding paying tax by legal means.
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Dom
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Registered: 13th Sep 03
User status: Offline
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quote:
Originally posted by Robbo
laughable mate
Using an offshore company for acquisitions is clearly against the British anti-avoidance laws, what ever way you look at it. Although Vodafone did well - a few £100 lunches to the head of HMRC and you get your £6bn tax bill reduced by (almost) 90%
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Robbo
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Registered: 6th Aug 02
Location: London
User status: Offline
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suggest you familiarise yourself a little better with CFC rules. also, by no means is using an offshore company for acquisitions illegal, its how 99.9% of m&a deals are structured.
and also perhaps read the HMRC press release that confirms the £6bn number never even existed
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Dom
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Registered: 13th Sep 03
User status: Offline
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Don't worry, your secret of fiddling the books for Vodafone is safe on CS
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mwg
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Registered: 19th Feb 04
Location: South Lakes
User status: Offline
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LeeM
Member
Registered: 26th Sep 05
Location: Liverpool
User status: Offline
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quote:
Originally posted by Robbo
quote:
Originally posted by LeeM
quote:
Originally posted by Robbo
tax avoidance cannot be illegal, its not breaking anything, its just a term for managing your earnings and paying as little as possible.
if the government want to make it illegal, im sure theyll find a way
but theres nothign to make illegal... as i say, iavoidance is just a term for avoiding paying tax by legal means.
They'll just make up a law stating its illegal to use methods of tax avoidance. They're trying to do it there's a few methods that have been made illegal already.
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Gary
Premium Member
Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
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There will always be loopholes. As long as funds can legally leave the uk it'll be easy.
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Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Every single person who is self employed is on the fiddle, just because this bloke is famous someone somewhere gives a shit
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Bart
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Registered: 19th Aug 02
Location: Midsomer Norton, Bristol Avon
User status: Offline
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Tbh, it's no different to Apple and Microsoft being registered to Ireland to avoid millions in taxes.
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Hammer
Member
Registered: 11th Feb 04
User status: Offline
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Can't believe the amount of people lauding tax evasion 
Next time you moan about hospital waiting lists, school class sizes or how nurses are being paid 4 bob remember you are encouraging part of the problem.
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M2RTY
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Registered: 25th May 01
User status: Offline
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but the money we save and then spend gets taxed in VAT, corporation tax etc, so for every 100k we avoid in tax, the government get like 80% of it back eventually...
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Daniel_Corsa
Premium Member
Registered: 21st Apr 04
Location: Wigton, Cumbria
User status: Offline
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Like everyone else doesn't have some way of avoiding tax! We would all do it if given the chance!
Business owners taking min wage. F1 drivers moving to Monaco etc.
April '06' Corsasport Feature Car  | Aug '08' Total Vauxhall Feature Car | Spring '09' Fast Car Feature Car
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Theham85
Member
Registered: 29th Nov 06
Location: Brisbane Queensland
User status: Offline
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Haha, this is nuts! I would be doing exactly as Jimmy Carr is doing! Who wouldn't! Seeing all your money going to Taxes that ends up funding bums!
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DaveyLC
Member
Registered: 8th Oct 08
Location: Berkshire
User status: Offline
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quote:
Originally posted by James
Is being revealed as one of the people most involved in a huge tax avoidance scheme by The Times tomorrow.
Apparently he brings in £4m a year (that alone is pretty shocking), takes a £100k salary, sends the rest offshore then takes most of it as a "loan", therefore tax free.
Hope it's the end of his unfunny career TBH.
So if you had £4m, you'd happilly give away £2m?
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Gary
Premium Member
Registered: 22nd Nov 06
Location: West Yorkshire
User status: Offline
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Noone would. you'd daft to do it! Although i would lke to be in the situation to have to make that decision
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