beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,026
very good result for Starmer, yeh low turnout still shows traction for Labour in Scotland that was all but lost to them.
…..and the SNP sliding downhill fastvery good result for Starmer, yeh low turnout still shows traction for Labour in Scotland that was all but lost to them.
Until they make tax AVOIDANCE illegal I’m afraid the self employed and their advisors will continue to get rich and contribute less to society but probably are the type to shout the loudest when their local services are shit!!I don't have specific stats so don't shoot me down but I reckon 75% plus of parents sending their kids to private school will have accountants who'll no doubt reduce the burden. No doubt some will register their children in higher education as employees undergoing training and they can claim the VAT back as a business expense.
I know for a fact when I was earning 40k a year as a programmer and on PAYE, a friend got a specialist coding job earning over 150k self employed and he paid virtually no taxes. Accountants eh.. money goes to money ,all that jazz
Earning 150K per year, believe me he will have paid tax. If it makes you feel better, he may not have paid himself anything more than a few thousand through PAYE so as to avoid having to pay the NI, but his corp tax would've been 19% and then personal income tax on top of that would've put his effective top rate at about 45%. And that's not even accounting for the dry bumming you get in the 100-125K range.I don't have specific stats so don't shoot me down but I reckon 75% plus of parents sending their kids to private school will have accountants who'll no doubt reduce the burden. No doubt some will register their children in higher education as employees undergoing training and they can claim the VAT back as a business expense.
I know for a fact when I was earning 40k a year as a programmer and on PAYE, a friend got a specialist coding job earning over 150k self employed and he paid virtually no taxes. Accountants eh.. money goes to money ,all that jazz
What is tax avoidance though? Every month I make quite large payments into my pension fund and direct contributions to a number of charities direct from my payroll to avoid paying tax on the money. Should that be illegal?Until they make tax AVOIDANCE illegal I’m afraid the self employed and their advisors will continue to get rich and contribute less to society but probably are the type to shout the loudest when their local services are shit!!
Until they make tax AVOIDANCE illegal I’m afraid the self employed and their advisors will continue to get rich and contribute less to society but probably are the type to shout the loudest when their local services are shit!!
Tax avoidance has a very wide meaning. For example upping pension contributions, literally limiting the income you draw from a business to live on less, buying plant for your business prior to the year end.
Then at the other end of the spectrum are (imho immoral) tax avoidance schemes used by the likes of Alex Ferguson. Dreamed up by tax lawyers or very senior ex HMRC staff. These now have to be registered and approved by HMRC in advance. Effectively killing much of this industry.
Whilst tax evasion, a very wide definition, is illegal acts. The last time I looked the tax recovery from this rises annually, the tax gap down to £36b (fraud, evasion, ‘errors’, ‘carelessness’). The majority of this is small businesses.
A very odd commentIf a history book or dictionary ever needed a clear and concise example of client journalism in the UK - its that tweet
Not odd at all. Client journalism does not mean what you describe. Journos like Pippa Cleary tweets about Starmers Labour through a positive filter process and they word their tweets accordingly. Rachel Wearmouth does the same.A very odd comment
He was covered in glitter, he did take off his jacket, he did say we're the party of protest. The crowd did love it
You do understand the the phrase "client journalism" usually involves reporting on things which are wholly or partially untrue. It doesn't usually involve reporting entirely accurately what happened
How would you have worded it?Not odd at all. Client journalism does not mean what you describe. Journos like Pippa Cleary tweets about Starmers Labour through a positive filter process and they word their tweets accordingly. Rachel Wearmouth does the same.
Tories do the same through their network of journalists.
Its thoroughly depressing.
With all due respect she's not doing an Alastair Heath from the Telegraph...Not odd at all. Client journalism does not mean what you describe. Journos like Pippa Cleary tweets about Starmers Labour through a positive filter process and they word their tweets accordingly. Rachel Wearmouth does the same.
Tories do the same through their network of journalists.
Its thoroughly depressing.
Exactly what I was thinking. Bullshit was he paying virtually no tax!Earning 150K per year, believe me he will have paid tax. If it makes you feel better, he may not have paid himself anything more than a few thousand through PAYE so as to avoid having to pay the NI, but his corp tax would've been 19% and then personal income tax on top of that would've put his effective top rate at about 45%. And that's not even accounting for the dry bumming you get in the 100-125K range.
Nothing wrong with tax avoidance. I pay into my tax-free ISA every year, a scheme provided by the government to allow you to avoid paying tax. How do you think they'll deal with both providing tax-free savings schemes and simultaneously making them unlawful?What is tax avoidance though? Every month I make quite large payments into my pension fund and direct contributions to a number of charities direct from my payroll to avoid paying tax on the money. Should that be illegal?
Premium Bonds and ISAs are another example of avoiding tax.
A very odd comment
He was covered in glitter, he did take off his jacket, he did say we're the party of protest. The crowd did love it
You do understand the the phrase "client journalism" usually involves reporting on things which are wholly or partially untrue. It doesn't usually involve reporting entirely accurately what happened