Stop calling it tax avoidance, it's not, it's paying tax on what is due, nothing more.
You are using the term avoidance to insult others.... it's working on me
People are no doubt expecting the same services, education NHS, police etc, etc but refuse to pay the same as others and you think this is OK.
People are no doubt expecting the same services, education NHS, police etc, etc but refuse to pay the same as others and you think this is OK.
People are no doubt expecting the same services, education NHS, police etc, etc but refuse to pay the same as others and you think this is OK.
It is ok
We're talking here about people who are paying all the tax that they are obliged to pay.
Ehh ?, correct me if I'm wrong... but how do you volunteer to pay more tax than you are legally obliged to ? (ok I could enter more profits into self assessment than I have made)
I don't know of a SINGLE person who makes that choice, 'im going to run my company this way to pay more tax'
You are living in a dream world
Not everyone pays the same tax, it depends on how you are employed, how you have setup your own business, what you sell, where you sell etc etc etc
There is no level playing field, and they cannot be compared.
Obviously not the same amount, the same percentage.
My point, which should have been obvious, is about people bending tax rules to pay less them moaning about the state of services, yet seeing their actions as not bearing on the problem.
Even though they may be paying more towards those services than many others?
I'm not sure the point you're making. You're suggesting they should pay more tax than they are obliged to?
Obviously not the same amount, the same percentage.
My point, which should have been obvious, is about people bending tax rules to pay less them moaning about the state of services, yet seeing their actions as not bearing on the problem.
It's not usual for someone going from staff/PAYE to contractor/ltd company for a similar role to actually pay more tax overall even though the % of tax paid on gross income is less.
Ultimately money is absolute, not relative.
You're coming across as a bit of a baby really.
Even though they may be paying more towards those services than many others?
I'm not sure the point you're making. You're suggesting they should pay more tax than they are obliged to?
The same % ?, so a higher PAYE earner should be taxed at the same rate as a low pay earner ?
No I am talking about people paying tax at 10% or less but expecting the same services.
No I am talking about people paying tax at 10% or less but expecting the same services.
You cannot be seriously suggesting public services be tiered on % contribution... it's insane
Hi folks, this isn't a bragging thread but wanted to have a discussion about what would be a fair % of tax on your earnings/other income.
As a freelance pharmacist My accountant has set my affairs as a limited company such that I earn £670/month salary on which I pay no income tax or NI. The rest of my income comes from dividends. THe company pays 20% corporation tax and then there's some more dividend tax depending on how much I withdraw as dividends during a particular financial year. I will actually gain state pension stamp despite paying no NI.
I have estimated that because of the way my affairs are set up I actually pay just 12-15% of my gross earnings as tax. If I was salaried for the same income instead I would be paying more like 35%.
Is this fair enough on the basis corporations like Google, Amazon, Starbucks, Facebook get away with low single digit percent tax?
wtf is a freelance pharmacist anyway?