Mr Bojangles Posted September 20, 2011 Share Posted September 20, 2011 Does anybody really believe that tax avoidance each year costs the budget more than the annual benefits bill? Link to comment Share on other sites More sharing options...
Bassman62 Posted September 20, 2011 Author Share Posted September 20, 2011 Does anybody really believe that tax avoidance each year costs the budget more than the annual benefits bill? Well that is what the government minister stated, you believe what you want but at the end of the day x amount of extra revenue is better than zero amount. Link to comment Share on other sites More sharing options...
Mr Bojangles Posted September 20, 2011 Share Posted September 20, 2011 Well that is what the government minister stated, you believe what you want but at the end of the day x amount of extra revenue is better than zero amount.I agree, which is why the government should focus hard on sorting benefit cheats, as that will yield more money than a bit of tax avoidance. Link to comment Share on other sites More sharing options...
Bassman62 Posted September 20, 2011 Author Share Posted September 20, 2011 I agree, which is why the government should focus hard on sorting benefit cheats, as that will yield more money than a bit of tax avoidance. Not according to the goverment figures, they state too much time has been spent on small fry whilst the big fish get away with more money than the benefits budget. Are you happy that the £300k+ earners can get away with paying little or no tax whilst people on the minimum wage have to pay P.A.Y.E? Link to comment Share on other sites More sharing options...
Mr Bojangles Posted September 20, 2011 Share Posted September 20, 2011 Not according to the goverment figures, they state too much time has been spent on small fry whilst the big fish get away with more money than the benefits budget. Are you happy that the £300k+ earners can get away with paying little or no tax whilst people on the minimum wage have to pay P.A.Y.E? Nonsense. £300k+ earners pay 40% tax (plus NI) on the majority of their income. Link to comment Share on other sites More sharing options...
Bassman62 Posted September 20, 2011 Author Share Posted September 20, 2011 Nonsense. £300k+ earners pay 40% tax (plus NI) on the majority of their income.Not according to the government, but if you're so sure maybe you should tell HMRC that they're waisting their time and our money setting on the 2000+ who're to investigate the £300k+ earners regarding their income tax affairs.. Link to comment Share on other sites More sharing options...
Mr Bojangles Posted September 20, 2011 Share Posted September 20, 2011 Not according to the government, but if you're so sure maybe you should tell HMRC that they're waisting their time and our money setting on the 2000+ who're to investigate the £300k+ earners regarding their income tax affairs..Plenty of earners at that level are on PAYE and pay the full whack. Others will be self-employed or on directors' fees to pay less - legally. Some will fiddle, that's inevitable, but the amount of the UK's income that comes from income tax is quite low compared to our national spend on benefits. Link to comment Share on other sites More sharing options...
ricgem2002 Posted September 20, 2011 Share Posted September 20, 2011 Plenty of earners at that level are on PAYE and pay the full whack. Others will be self-employed or on directors' fees to pay less - legally. Some will fiddle, that's inevitable, but the amount of the UK's income that comes from income tax is quite low compared to our national spend on benefits. another one who thinks that the less well off should pay for the privileged few well done Link to comment Share on other sites More sharing options...
love_rat Posted September 20, 2011 Share Posted September 20, 2011 Sooner or later, many working people - especially those earning under 20k per annum will have to take steps to avoid paying tax. Unless of course, you want to hand over every penny you earn in tax Link to comment Share on other sites More sharing options...
ricgem2002 Posted September 20, 2011 Share Posted September 20, 2011 Sooner or later, many working people - especially those earning under 20k per annum will have to take steps to avoid paying tax. Unless of course, you want to hand over every penny you earn in tax wheres the taxman on here when you want him to give you a helping hand :suspect: Link to comment Share on other sites More sharing options...
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