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Post by Steve on Jan 30, 2023 15:32:26 GMT
They would have to simplify the tax system so they could make an evaluation, make the taxes indirect or use the selling of licences. It's a bit absurd that people who work for a living have to deal with obtuse nonsense that leaves them with a liability Except for those that don't self earn, who don't have massive unearned income or overseas earnings it is very simple. It's called PAYE. Your plan would be a recipe for either massive tax evasion or an obscene level of population surveillance. |
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Post by Fairsociety on Jan 30, 2023 15:56:56 GMT
They should sack everyone who sounds like a motorbike.
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Post by Orac on Jan 30, 2023 16:03:26 GMT
Your plan would be a recipe for either massive tax evasion or an obscene level of population surveillance. My notion is that tax system would have to change significantly. |
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Post by johnofgwent on Jan 30, 2023 16:08:06 GMT
Taxation is one of those areas that a particular personality type has has its claws in for a very long time. One would have thought the people would have mounted a defence against its machinations many years ago. Something along the lines of this - It is the government's responsibility to tell a citizen how much tax he owes them. After any challenges / appeals and the amount being paid in full, the matter is closed for eternity.This would also force the tax system to change and simplify. And how would the Revenue know if Zahawists didn't tell them how much taxable income they had? As I am sure you know, UK citizens whose completely legitimate banking arrangements in European countries at the time of Gordon Brown’s mismanagement were told they could no longer bank in those countries, because they were unable to meet Browns KYC requirements. With that degree of power snd oversight of where money can be squirrelled away, the Revenue know exactly where the money is, they just need an incentive to bust you. |
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Post by johnofgwent on Jan 30, 2023 16:08:53 GMT
They would have to simplify the tax system so they could make an evaluation, make the taxes indirect or use the selling of licences. It's a bit absurd that people who work for a living have to deal with obtuse nonsense that leaves them with a liability Except for those that don't self earn, who don't have massive unearned income or overseas earnings it is very simple. It's called PAYE. Your plan would be a recipe for either massive tax evasion or an obscene level of population surveillance. What, you mean like we already have ? |
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Post by borchester on Jan 30, 2023 17:02:39 GMT
Your plan would be a recipe for either massive tax evasion or an obscene level of population surveillance. My notion is that tax system would have to change significantly. How?
Every time there is a budget my son locks himself away until he can find a loophole that will make his clients better off than they were. No matter how well intentioned, changes in the tax system invariably open the way for further abuse.
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Post by Orac on Jan 30, 2023 17:37:01 GMT
A tax system that didn't require much (if any) information about how much you received in payment for what you produce. Every time there is a budget my son locks himself away until he can find a loophole that will make his clients better off than they were.
Yes. Millions of man-hours every year wasted on producing sweet-fa |
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Post by Steve on Jan 30, 2023 18:45:16 GMT
I'd say get real Mags but well you know . . . .
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Post by see2 on Jan 30, 2023 20:01:15 GMT
My notion is that tax system would have to change significantly. How?
Every time there is a budget my son locks himself away until he can find a loophole that will make his clients better off than they were. No matter how well intentioned, changes in the tax system invariably open the way for further abuse.
IIRC, the Post Meltdown Conservative government past a law stating that anyone who recommended a loophole that was eventually found to be illegal would be liable for any unpaid tax that had used the loophole. It made that area of recommended usage for more trickier than before that law was passed. I remember talk of such a law, whether or not it actually came into being I don't know. |
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Post by zanygame on Jan 30, 2023 22:01:20 GMT
Nonsense. If you have that sort of tax burden you accountants come to see you and explain exactly what they're doing and why. Partly to justify their existence but mostly because you have to sign off the accounts. Seriously how can anyone defend forgetting to declare 27m and having to pay 5m in tax and penalties. That's one crap accountants. We don't know the details of why there was a disagreement of the accuracy of his tax declaration. As I say, if you've got as much money as Zahawi you don't do your own tax return - unless you're also an accountant. And Zahawi would have to be very stupid to make a false declaration. It's possible of course but very unlikely. I'd guess what happened was that HMRC took a different view from Zahawi's accountant on how much his tax liability should be and they were arguing about it. And, as I said, in my experience it's by no means impossible that the HMRC was wrong. Then what happened is that the press got on to it and Zahawi just decided to pay it for a quiet life - and HMRC hit him with a fine. And that of course made it even worse. I don't think we've heard the last of this because Zahawi thinks he's been hard done by. Nope, there would be no fine if HMRC just asked the accountants to re-look at their calcs. |
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Post by zanygame on Jan 30, 2023 22:03:51 GMT
So Sunak now sacks the only member of the Government who believes in lower taxation.. The Conservatives will be renaming themselves 'New Labour' at this rate - they already have all the same policies so may as well go the whole hog.. New Tories, the party of tax evasion. Is that appealing enough for you? |
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Post by Pacifico on Jan 30, 2023 22:10:21 GMT
We don't know the details of why there was a disagreement of the accuracy of his tax declaration. As I say, if you've got as much money as Zahawi you don't do your own tax return - unless you're also an accountant. And Zahawi would have to be very stupid to make a false declaration. It's possible of course but very unlikely. I'd guess what happened was that HMRC took a different view from Zahawi's accountant on how much his tax liability should be and they were arguing about it. And, as I said, in my experience it's by no means impossible that the HMRC was wrong. Then what happened is that the press got on to it and Zahawi just decided to pay it for a quiet life - and HMRC hit him with a fine. And that of course made it even worse. I don't think we've heard the last of this because Zahawi thinks he's been hard done by. Nope, there would be no fine if HMRC just asked the accountants to re-look at their calcs. Legally it's not a fine - politically it makes no difference. |
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Post by Pacifico on Jan 30, 2023 22:11:36 GMT
So Sunak now sacks the only member of the Government who believes in lower taxation.. The Conservatives will be renaming themselves 'New Labour' at this rate - they already have all the same policies so may as well go the whole hog.. New Tories, the party of tax evasion. Is that appealing enough for you? Who is guilty of tax evasion (which is a criminal act)? - or is this just something you have invented whilst drunk? |
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Post by Red Rackham on Jan 30, 2023 22:26:52 GMT
They should sack everyone who sounds like a motorbike. Unless they're black or minority ethnic, obviously.  |
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Post by Deleted on Jan 30, 2023 23:37:36 GMT
So Sunak now sacks the only member of the Government who believes in lower taxation.. The Conservatives will be renaming themselves 'New Labour' at this rate - they already have all the same policies so may as well go the whole hog.. Of course he believes in lower taxation. For himself most of all it seems |
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