For those who pay tax as part of the price of living in a civilization .......
http://www.guardian.co.uk/business/2009 ... -avoidance
One law for the .......
Love and Peace
Jim
In life only death and taxation are inevitable?
In life only death and taxation are inevitable?
The law will punish man or woman
Who steals the goose from off the Common
But lets that greater thief go loose
Who steals the Common from the goose.
Who steals the goose from off the Common
But lets that greater thief go loose
Who steals the Common from the goose.
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invisiblepiper
- A selfsufficientish Regular
- Posts: 688
- Joined: Fri Sep 12, 2008 7:33 am
- Location: Scotland
Re: In life only death and taxation are inevitable?
Why am I not surprised?
I have a friend - a full time artist - who had to get in touch with the person who bought her second hand dining table& chairs, in order to get a receipt to prove she hadn't sold a painting!
Income? - about £12.000 pa.
Makes you wonder!
I have to keep SUCH meticulous accounts - its easier to chase the ordinary person!
Will stop now - I'm getting cross.
I have a friend - a full time artist - who had to get in touch with the person who bought her second hand dining table& chairs, in order to get a receipt to prove she hadn't sold a painting!
Income? - about £12.000 pa.
Makes you wonder!
I have to keep SUCH meticulous accounts - its easier to chase the ordinary person!
Will stop now - I'm getting cross.
Two roads diverged in a wood
And I took the one less travelled by
And that has made all the difference.
(Robert Frost)
And I took the one less travelled by
And that has made all the difference.
(Robert Frost)
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StripyPixieSocks
- A selfsufficientish Regular
- Posts: 1175
- Joined: Mon Aug 25, 2008 8:34 pm
- Location: Carnyorth, Cornwall
Re: In life only death and taxation are inevitable?
I used to work for a company owned by another successful company... the company I worked for was set up to make a loss so he could write off some of the tax on the successful company. Not sure how it all works but he save ALOT of cash that's for sure!
But then do you really think the rich who are in power are going to go after the rich? Not in this lifetime!
But then do you really think the rich who are in power are going to go after the rich? Not in this lifetime!
Re: In life only death and taxation are inevitable?
I don't buy newspapers but this one would be worth following up because if the gaurdian names names then we as consumers should do our bit to help reduce their profits by boycouting them.
Member of the Ishloss weight group 2013. starting weight 296.00 pounds on 01.01.2013. Now minus 0.20 pounds total THIS WEEK - 0.20 pounds Now over 320 pounds and couldn't give a fig...
Secret Asparagus binger
Secret Asparagus binger
Re: In life only death and taxation are inevitable?
Dear Big Al,
Totally agree!
love and Peace
Jim
Totally agree!
love and Peace
Jim
The law will punish man or woman
Who steals the goose from off the Common
But lets that greater thief go loose
Who steals the Common from the goose.
Who steals the goose from off the Common
But lets that greater thief go loose
Who steals the Common from the goose.
Re: In life only death and taxation are inevitable?
Dear Big Al,
Guardian today publishes the names of three on its list:-
Glaxo Kline Smith, Astra Zeneca and Shell.
Don't really think they're going to notice that I'm boycotting them as I can't think of anytime in the past that I've bought anything from them!
Another good idea bites the dust!
Love and Peace
Jim
Guardian today publishes the names of three on its list:-
Glaxo Kline Smith, Astra Zeneca and Shell.
Don't really think they're going to notice that I'm boycotting them as I can't think of anytime in the past that I've bought anything from them!
Another good idea bites the dust!
Love and Peace
Jim
The law will punish man or woman
Who steals the goose from off the Common
But lets that greater thief go loose
Who steals the Common from the goose.
Who steals the goose from off the Common
But lets that greater thief go loose
Who steals the Common from the goose.
-
Graye
- A selfsufficientish Regular
- Posts: 800
- Joined: Tue Apr 29, 2008 10:07 pm
- Location: Whitby, North Yorkshire
Re: In life only death and taxation are inevitable?
Having worked in that area I can confirm that there are specialist accountancy firms whose sole job is to look at the tax legislation and find all the tortuous little loopholes that the drafters missed. As fast as the loopholes are plugged they find a few more. Those big companies obviously have some really clever ones in their corner. Unfortunately it's called avoidance (all totally legal).
On the other hand, evasion (the illegal under-reporting of income) is so much more easy for the Inspectors to spot once they get their hands on a small business's books. The tiniest innocent or even not quite so innocent error almost jumps out at them if they look properly and unfortunately, as they have to work to targets, they will make a case out of it and go for the extra tax, interest, penalties, etc, etc. It's all very unfair but with the rules as they are it's a fact of life.
On the other hand, evasion (the illegal under-reporting of income) is so much more easy for the Inspectors to spot once they get their hands on a small business's books. The tiniest innocent or even not quite so innocent error almost jumps out at them if they look properly and unfortunately, as they have to work to targets, they will make a case out of it and go for the extra tax, interest, penalties, etc, etc. It's all very unfair but with the rules as they are it's a fact of life.
Growing old is much better then the alternative!
Re: In life only death and taxation are inevitable?
Same here, shell does the cheapest petrol around here and the other two make the pain killers and blood pressure pills... oh well,lol.jim wrote:Dear Big Al,
Guardian today publishes the names of three on its list:-
Glaxo Kline Smith, Astra Zeneca and Shell.
Don't really think they're going to notice that I'm boycotting them as I can't think of anytime in the past that I've bought anything from them!
Another good idea bites the dust!
Love and Peace
Jim
Member of the Ishloss weight group 2013. starting weight 296.00 pounds on 01.01.2013. Now minus 0.20 pounds total THIS WEEK - 0.20 pounds Now over 320 pounds and couldn't give a fig...
Secret Asparagus binger
Secret Asparagus binger