Taxpayer support

[L00b]

Like Cameron you mean? Who claimed child benefit for his children? If he couldn't afford to have the kids without tax support why did he?

Are you sure?

 

Genuine question, as I believe

 

(i) child benefit was long automatic (before the eligibility threshold was introduced): every taxpayer who had a child got it, regardless of whether on the NMW or half-a-£mil' or more; and

 

(ii) when the eligibility threshold was introduced, his salary as an MP (and now PM) put him beyond it and so not eligible for child benefit.

 

[Cyclone]

I have first hand experience of people discouraged from working by in work benefits. I agree.

You realise that this is complete gibberish. If they are working then they are not discouraged from working.

 

Tax avoidance is a different thread. Please start your own on that subject. This thread is about BENEFITS.

You can't complain about misuse of public money and not consider the ability to avoid paying tax by business or the rich. Sorry if that's inconvenient for your prejudices.

 

It isn't a tiny minority. There are plenty of people on the sick having many children that they can't afford and as a taxpayer I feel the system should be changed so I don't have to pay for them.

 

It is a tiny minority. Miniscule, so small that it's entirely inconsequential and unimportant.

Unlike tax evasion and aggressive avoidance, which costs the country a huge amount.

[sgtkate]

Are you sure?

 

Genuine question, as I believe

 

(i) child benefit was long automatic (before the eligibility threshold was introduced): every taxpayer who had a child got it, regardless of whether on the NMW or half-a-£mil' or more; and

 

(ii) when the eligibility threshold was introduced, his salary as an MP (and now PM) put him beyond it and so not eligible for child benefit.

 

 

Fairly...although as they say, don't believe everything you read on the internet. One of his children who sadly died was classed as disabled, as such he was still able to claim child benefit for him and disability benefits, with added irony the exact benefit he now plans to cut...

[L00b]

You can't complain about misuse of public money and not consider the ability to avoid paying tax by business or the rich. Sorry if that's inconvenient for your prejudices.

For extra context, Facebook UK's corporation tax liability for 2014 was the princely sum of...£4,327.

 

I kid you not

It means Facebook's UK corporation tax bill was less than the tax the average UK employee paid on their salary.

 

The average UK salary is £26,500 on which employees pay a total of £5,392.80 in income tax and national insurance contributions.

 

In January, Facebook reported global fourth-quarter profits of $701m (£462m), a 34% increase on the same period a year earlier.

 

Total profits for the year were $2.9bn, almost double its profit for 2013.

I for one am proud not to have a FB profile, nor to engage with FB in any way, shape or form.

 

Rinse-repeat with

• Starbucks (never been, and not missing out as my own is reported by friends as much nicer),
  
• Amazon (generally avoided unless it's the only source for the product),
  
• eBay (essentially inactive for the past 14 months, despite being a 1st-hour registrant and user (before eBay UK even existed!) with a 16+ year old account),
  
• Etc.

I wish more people would vote with their wallets rather than follow the path of least resistance: my life is not poorer for not sharing with friends and acquaintances how tired I am, how badly I slept or what my fish & chips looks like

Edited October 14, 2015 by L00b

[geared]

Did Facebooks recent tax calculation get a suitably frothy article in the DM??

It didn't seem to get one on here.

 

both are technically legal, but only one is a a global mega-company.

[Cyclone]

For extra context, Facebook UK's corporation tax liability for 2014 was the princely sum of...£4,327.

 

I kid you not

 

I for one am proud not to have a FB profile, nor to engage with FB in any way, shape or form.

 

Yes, I'd seen that reported.

[sandy18]

You realise that this is complete gibberish. If they are working then they are not discouraged from working.

 

If tax credits discourages them from working 50 hours instead of 16 hours they are in fact being discouraged from working.

 

---------- Post added 14-10-2015 at 12:03 ----------

 

It is a tiny minority. Miniscule, so small that it's entirely inconsequential and unimportant.

Unlike tax evasion and aggressive avoidance, which costs the country a huge amount.

 

Both your claims are unprovable assumptions.

[999tigger]

You realise that this is complete gibberish. If they are working then they are not discouraged from working.

You can't complain about misuse of public money and not consider the ability to avoid paying tax by business or the rich. Sorry if that's inconvenient for your prejudices.

 

It is a tiny minority. Miniscule, so small that it's entirely inconsequential and unimportant.

Unlike tax evasion and aggressive avoidance, which costs the country a huge amount.

 

Everything said here. I always assumed cyclone was being ironic on the discouragement from benefits.

 

You posted the thread about taxpayers. Its not just about what people take out, but what people who should be paying in do not. I dont see you banging on about tax evaders.

[truman]

Yes, I'd seen that reported.

 

If the UK employees have been given share bonuses won't this result in more tax being paid into the UK than if facebook had paid corporation tax on the amount? Genuine question....

[999tigger]

If tax credits discourages them from working 50 hours instead of 16 hours they are in fact being discouraged from working.

 

---------- Post added 14-10-2015 at 12:03 ----------

 

 

Both your claims are unprovable assumptions.

 

How do you know tax credits has discouraged them? The tax credits has more likely encouraged him to work, because he can still be better off in work and on tax credit.

Both your claims are unprovable assumptions.

 

What does he have to prove?

Are you saying people with 12 kids is normal or a significant group? Its a woman who has achieved some celebrity baiting tax payers and doing some benefit porn tv for channel 5.

 

Are you against people on tax credits in general or just women with 12 kids?

Child tax credit is being removed for 3rd and sibsequent children fromApril 2017.

 

Tax evasion and avoidance

 

According to official figures quoted by the BBC last year, in the 2012/2013 tax year the shortfall of tax that should have been collected by HMRC versus what it actually brought in had risen to £34bn. This eye-watering figure includes £14bn in uncollected income tax, national insurance and capital gains tax, and £12.4bn in uncollected VAT.

 

Personal evasion and avoidance was a significant part of the problem. The Financial Times says tax evasion, which is defined as the illegal act of deliberately hiding information about your finances to reduce your tax bill, amounted to £4.1bn. A smaller £3.1bn was lost to tax avoidance, which is the legal use of tax loopholes, while £5.4bn was lost as a result of criminal activity such as smuggling.