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thedrumcrew
Advanced Contributer
United Kingdom
8441 Posts |
 Posted - 21/06/2012 : 15:32:19
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Prime Minister David Cameron on Wednesday called Mr Carr's use of the scheme "morally wrong". |
The next Jordan Terris Memorial Drum Festival will be Feb 24th 2013
ANY RAFFLE PRIZES WOULD BE GOOD FOR THE CLINIC
Memories are some of lifes most wonderful treasures. |
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drumdmc
Advanced Contributer
United Kingdom
5568 Posts |
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Bazarre
Advanced Contributer
United Kingdom
7983 Posts |
Posted - 21/06/2012 : 17:11:04
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| And I wonder how much money Jimmy Carr actually saved? Cameron should get his ridiculous HMRC sorted -- they let major companies off millions or even billions of quids in corp tax!! Or perhaps the directors of said companies are mates of his? |
Sex, magic and R n R! -- all in ZOLIN! now on Amazon for Kindle readers |
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www.ecymbals.co.uk
Advanced Contributer
United Kingdom
6185 Posts |
Posted - 21/06/2012 : 17:13:53
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| Does anyone know where K2 is based? |
www.ecymbals.co.uk
Paiste Cymbal Specialist ~ Sonor Drum Specialist ~ Drum Theory Specialist ~ Drum Kits For Hire ~ Vic Firth Sticks ~ T Shirts & Merchandise |
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bulbousheed
Advanced Contributer
United Kingdom
3271 Posts |
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scoobydude
Advanced Contributer
United Kingdom
2485 Posts |
Posted - 21/06/2012 : 18:06:52
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Morally wrong? That's really not the point.
Jimmy Carr didn't do anything illegal, and he was only able to do it because of the ridiculously complicated tax system in this country. The only reason he's apologised is for PR reasons (and if you think he'll be paying the full 45% on his earnings from now on you are sadly mistaken). Anyone who says that they wouldn't reduce their own tax liability in the same circumstances is either a liar or a complete fool. |
www.scoobyband.com |
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gaz farrimond
Advanced Contributer
United Kingdom
11050 Posts |
Posted - 21/06/2012 : 18:18:02
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quote:
Originally posted by Bazarre
And I wonder how much money Jimmy Carr actually saved? Cameron should get his ridiculous HMRC sorted -- they let major companies off millions or even billions of quids in corp tax!! Or perhaps the directors of said companies are mates of his?
Over £1.66m a year.
And, personally: I defy anyone on this site to turn down financial advice if it will mean they legally pay less tax.
We don't need HMRC to change: We need a straightforward taxation structure.
And if you think the UK is bad, try living in the USA. My Bank of America financial advisor told me that if I did a certain percentage of my income as a charitable donation, the US treasury would actually pay me money.
But, if and when the Government change the laws, all the saved tax via K2, Icebreaker LLP, EBT etc will be owed in back taxes.
I bet more than half of the Blair Government (And some of the current one, Mr Cameron made £300K tax free from his father-in-law) are ****ting themselves.....Plus many of our favourite entertainers. (Plus some who aren't: I still need to see where Jimmy Carr and comedian come together)
This sort of thing, especially when Government change the rules, can destroy people. Look at Wesley Snipes.
I'm not for it at all, but before we get the pitchforks, barbies and beers out, lets take a long, hard look at what we would do.
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The Waterboarders
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P_Royale
Advanced Contributer
United Kingdom
611 Posts |
Posted - 21/06/2012 : 18:52:05
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quote:
Originally posted by www.ecymbals.co.uk
Does anyone know where K2 is based?
The comic, who has famously lampooned fat cat bankers, was reportedly protecting some £3.3m a year by channelling cash through Jersey-based company K2 |
SITMS#62(2009) #755 (2012) http://ericshawmiet.wix.com/personal-site |
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swampy
Advanced Contributer
United Kingdom
401 Posts |
Posted - 21/06/2012 : 19:00:04
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| Cameron is jumping on the bandwagon to condemn Carr in the hope of garnering public support for himself. The man is a reprahensable hypocrite given that HIS government let companies such as Vodafone get away with not paying £billions in tax. |
Mid life crisis kicked in, drum kit bought. It's not quite like cycling though, you forget. A lot! |
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gaz farrimond
Advanced Contributer
United Kingdom
11050 Posts |
Posted - 21/06/2012 : 19:05:18
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quote:
Originally posted by swampy
Cameron is jumping on the bandwagon to condemn Carr in the hope of garnering public support for himself. The man is a reprahensable hypocrite given that HIS government let companies such as Vodafone get away with not paying £billions in tax.
Business tax is even more convoluted than income tax.
Funny how everyone has accepted tax as a given, considering it was first raised as a temporary measure to pay for the Penninsular War.
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The Waterboarders
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Grahame B
Advanced Contributer
Saint Helena
14851 Posts |
Posted - 21/06/2012 : 19:13:58
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quote:
Originally posted by swampy
Cameron is jumping on the bandwagon to condemn Carr in the hope of garnering public support for himself. The man is a reprahensable hypocrite given that HIS government let companies such as Vodafone get away with not paying £billions in tax.
Yes indeed
Downing Street has suggested it is preparing to abandon plans for David Cameron and senior ministers to disclose their tax returns, amid allegations of hypocrisy over the prime minister's decision to comment on Jimmy Carr's tax affairs.
Cameron said in April that he expected information about his finances to be made public, and was relaxed about the prospect. But on Thursday No 10 said there were no current plans to do so.
Privately, senior Tories are concerned that Cameron's comments on Carr, who issued an unreserved apology for using an aggressive tax scheme, were a tactical mistake because they gave journalists a green light to investigate the tax affairs of Conservative ministers, MPs and donors.
The prime minister's spokeswoman said the proposal for ministers to reveal their tax details was still being "looked into". Ministers were "not closed to the idea", but it was "not a very near-future thing", the aide said.
http://www.guardian.co.uk/politics/2012/jun/21/jimmy-carr-ministers-tax-returns
Well, there's a surprise...
Mr'heed's link to how Cameron's dad made use of Thatchers swift change to the regulations on taking untaxed money out of the country is worth a read too.
http://www.guardian.co.uk/politics/2012/apr/20/cameron-family-tax-havens |
http://tinyurl.com/r38zpn
Tempus Fudgit ( censored )
"You won't get a refund from me no matter how hard you try."
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NormanHouse
Advanced Contributer
United Kingdom
934 Posts |
Posted - 22/06/2012 : 00:00:49
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Cameron is losing it.
There are already mumblings about Hague starting a leadership challenge.
What Carr has done is no more morally wrong than someone buying an ISA to avoid paying tax.
Moving to the Isle of Man to avoid paying tax.
Buying a lower emission car in order to pay less tax.
This is not the same as Doddy not declaring and evading.
In the budget of a few months ago millionaires got a £45k gift - how moral is that? How moral is putting up VAT to 20%. How moral is taking away EMA, or citizens disability allowance?
800,000 family's are now excluded from working families Tax Credit.
It's just a matter of scale. |
"Gonna send you back to Walker" (Geordieland) |
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www.ecymbals.co.uk
Advanced Contributer
United Kingdom
6185 Posts |
Posted - 22/06/2012 : 06:53:24
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quote:
Originally posted by P_Royale
quote:
Originally posted by www.ecymbals.co.uk
Does anyone know where K2 is based?
The comic, who has famously lampooned fat cat bankers, was reportedly protecting some £3.3m a year by channelling cash through Jersey-based company K2
Jersey, heh?
OK does anyone know why in a crash/depression/crisis, call it what you like.......the fine people of Jersey, pay no VAT?
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www.ecymbals.co.uk
Paiste Cymbal Specialist ~ Sonor Drum Specialist ~ Drum Theory Specialist ~ Drum Kits For Hire ~ Vic Firth Sticks ~ T Shirts & Merchandise |
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WendyB
Advanced Contributer
United Kingdom
5644 Posts |
Posted - 22/06/2012 : 21:25:38
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Because our tax laws don't apply there for some convoluted reason relating to soverignty I believe. It's not fair for the average employed taxpayer who has no option but to cough up. There will be very few people in the UK who wouldn't reduce their tax bill if there was a legitimate way, and K2 is legitimate, questionable but not illegal, just not available to the majority.
Some industry moguls take small salaries and pay their wives the lion's share. Their wives live in Monaco, and pay no tax. That's hardly fair either but also currently legal. I shall be moving to Monaco before the autumn in the hope that MrB can pay me that way :-) |
I am No 5
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meat2veg
Advanced Contributer
United Kingdom
8444 Posts |
Posted - 24/06/2012 : 16:33:07
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| I was informed that Eton College is a registered charity the other day. If that isn't a tax dodge I shall buy an edible hat. |
The sooner we lose the smiley faces from this forum the better. |
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Captain Bubble
Advanced Contributer
United Kingdom
14588 Posts |
Posted - 24/06/2012 : 16:55:57
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Cameron openly criticised Carr, but refused to comment on Gary Barlow doing exactly the same, obviously a different situation as Barlow pays nice donations to ....the Tory Party. The Eton Trifle's own father made a fortune by exactly the same offshore tactics as Jimmy Carr and passed a chunk of his fortune on to his Son-with-the-airbrushed-visage. Hypocrisy of the highest oredure, I mean order.
Politicians are not really meant to criticise individual members of the public except in exceptional circumstances. To single out Carr, and refuse to mention Barlowe, his Dad, and huge numbers of his own party is shockingly clumsy of any politician, let alone the Prime Minister.
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Marcus de Mowbray
www.330studios.co.uk/marcus |
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thedrumcrew
Advanced Contributer
United Kingdom
8441 Posts |
Posted - 24/06/2012 : 19:20:17
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When the riots start a few said never seen that coming.
Keep your eyes open then trouble is building up |
The next Jordan Terris Memorial Drum Festival will be Feb 24th 2013
ANY RAFFLE PRIZES WOULD BE GOOD FOR THE CLINIC
Memories are some of lifes most wonderful treasures. |
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meat2veg
Advanced Contributer
United Kingdom
8444 Posts |
Posted - 24/06/2012 : 19:27:13
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| Political Gaffe of the year so far. I expect the papers to go to town on anyone doing this now. Unless there are loads of journalists at it as well. |
The sooner we lose the smiley faces from this forum the better. |
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moosetication
Advanced Contributer
United Kingdom
12060 Posts |
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gaz farrimond
Advanced Contributer
United Kingdom
11050 Posts |
Posted - 24/06/2012 : 22:17:33
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quote:
Originally posted by meat2veg
Political Gaffe of the year so far. I expect the papers to go to town on anyone doing this now. Unless there are loads of journalists at it as well.
If you earn over £50K a year, it's the way ahead.
There are probably many people ****ting themselves at the moment so they don't get caught out.
Over 1200 people subscribe to K2, it's not just a crap (IMHO) comedian and boyband who are doing it.
But lets be honest: Who would turn down a legal, declareable to HMRC and very cheap way to pay less tax?
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The Waterboarders
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meat2veg
Advanced Contributer
United Kingdom
8444 Posts |
Posted - 25/06/2012 : 07:52:06
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I certainly wouldn't.
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The sooner we lose the smiley faces from this forum the better. |
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