'Jeremy Corbyn's £3million state salary'

[Pudney]

Speaking as someone who does a lot of odd little contracts and expenses, I think a fair proportion of people probably inadvertently get their taxes wrong in small ways. I'm positive that if someone micro-examined my returns they'd find something wrong somewhere. Though I'd give fifty-fifty as to whether or not it was in my favour. That day I was paid by that US company - what was the exchange rate that day, did the transfer count to the rate when it was sent, or when I received it given I have one date on the paid invoice return, one on the bank statement... Who knows? If there's some minor ****-up in their tax returns, I don't see that as a moral indictment.

Oh I don't see it as a moral indictment either, just amusing.

I would say though missing two sources of income isn't generally taken as a minor oversight, it does show a reasonable degree of carelessness. Perhaps if he wasn't late he could have been more diligent

 

[stewski]

Oh I don't see it as a moral indictment either, just amusing.

I would say though missing two sources of income isn't generally taken as a minor oversight, it does show a reasonable degree of carelessness. Perhaps if he wasn't late he could have been more diligent

Like the diligence shown by the likes of the Cameron family in the past?

http://www.theguardian.com/news/2016/apr/04/panama-papers-david-cameron-father-tax-bahamas

Of course not illegal, in this insane tax world we live in, undeniably diligent.

When your education is paid for, through such diligence, where exactly is the moral high ground?

 

[Pudney]

Like the diligence shown by the likes of the Cameron family in the past?

http://www.theguardian.com/news/2016/apr/04/panama-papers-david-cameron-father-tax-bahamas

Of course not illegal, in this insane tax world we live in, undeniably diligent.

When your education is paid for, through such diligence, where exactly is the moral high ground?

Who's more in the right, the person who has abided by the rules or the person who has broken them?

 

[stewski]

Who's more in the right, the person who has abided by the rules or the person who has broken them?

Alternate question.

Who's more in the right, The one who systematically/aggressively avoids paying tax, or the one who actually paid full tax after a simple mistake?

In any case those in charge of cleaning up our tax collection systems could do with not benefiting from the systematic/aggressive avoidance of tax.

<sarcasm>Remember in this age of Austerity, we're all in it together.</sarcasm>

 

[LeeUK]

Cameron is the wrong. It's just the Tory press trying to turn things.

Corbyn didn't actively go and hide his money offshore to avoid tax.

 

[Bear]

Cameron is the wrong. It's just the Tory press trying to turn things.

Corbyn didn't actively go and hide his money offshore to avoid tax.

Who is the wrong Who avoided tax by hiding his money offshore?

 

[LeeUK]

Who is the wrong Who avoided tax by hiding his money offshore?

The Tory ****.

 

[Bear]

The Tory ****.

I thought it was clear that he paid all the tax that was due and some that he needn't on top, or has something else come to light?

 

[Destination]

I thought it was clear that he paid all the tax that was due and some that he needn't on top, or has something else come to light?

Nothing has come to light, people assume. People believe things they haven't even been told.
It doesn't bloody matter, there is masses of money trickling and running out of the country and we're doing nothing about it.

Take our 'superstars', £130Million contract negotiated for the next few years, tax to be paid in the UK on it? Virtually nothing.
Yet we call him British racing driver.
If he was PAYE in the UK, his taxes would cover the entirety of Jeremy Corbyn's 30 years of government wages twenty times over.
Have people started a campaign to bring Lewis back home? Not that I've noticed.

Fed up with this rot.
Political bitching to try to score points with nothing actually being done to help or improve the country.

 

[stewski]

At least TAX avoidance/evasion is in the spotlight now, that said I'm betting very little happens. We're not going far enough on compelling British Territories to actually comply with our tax laws.

http://www.theguardian.com/business...ories-spared-from-uk-law-on-company-registers

One can't help but point out that the story is political, Tory's want to see every website we visit, but don't want to assert UK tax laws on to British territories. One rule for the masses and another for the rich elite.

 

[Bear]

At least TAX avoidance/evasion is in the spotlight now, that said I'm betting very little happens. We're not going far enough on compelling British Territories to actually comply with our tax laws.

http://www.theguardian.com/business...ories-spared-from-uk-law-on-company-registers

One can't help but point out that the story is political, Tory's want to see every website we visit, but don't want to assert UK tax laws on to British territories. One rule for the masses and another for the rich elite.

There is very little to be done, that is the problem. You can close everything but as the very wealthy are very mobile, they will just move to somewhere where it's more beneficial for them, unless there is nowhere in the world to hide their money anymore.

When the French put taxes up for the rich, they moved to London, sportsmen move to Monaco etc. Tony Blair is at it, even people like Irving Welsh who likes to be a social commentator on inequality etc is a tax dodger. It came to light on Question time that he lives in Ireland and writers are exempt from tax but of course he didn't move there oh no, for that he moved because of his wife.

 

[stewski]

There is very little to be done, that is the problem. You can close everything but as the very wealthy are very mobile, they will just move to somewhere where it's more beneficial for them, unless there is nowhere in the world to hide their money anymore.

When the French put taxes up for the rich, they moved to London, sportsmen move to Monaco etc.

Faulty logic/reasoning for doing nothing, where you do actually have control.
British Territories should abide by British tax laws or risk losing the protection of Britain as paid for by the rank and file taxpayers.

As for the similar argument that avoidance is OK because it is legal, or its no different to what you would do in the same position, there are many high earning full tax paying companies and individuals and that assertion does them an injustice.

Close our loop holes, lobby for the rest of Europe to do the same and work with further international agencies to also do the same. It isn't actually futile to make it as difficult as possible to operate without paying tax in the nations you profit from.

 

[holymonk]

Corbyn is useless, makes the tories even stronger. Joke of a leader, farage has more credibility.

 

[Bear]

Faulty logic/reasoning for doing nothing, where you do actually have control.
British Territories should abide by British tax laws or risk losing the protection of Britain as paid for by the rank and file taxpayers.

As for the similar argument that avoidance is OK because it is legal, or its no different to what you would do in the same position, there are many high earning full tax paying companies and individuals and that assertion does them an injustice.

Close our loop holes, lobby for the rest of Europe to do the same and work with further international agencies to also do the same. It isn't actually futile to make it as difficult as possible to operate without paying tax in the nations you profit from.

It's not faulty logic at all, as I said, they will go somewhere else unless there is no where else in the world to hide. That doesn't mean doing nothing but it does mean there will be a country that will benefit by not following the same tax regimes if most countries agree to tackle the problem.

 

[stewski]

It's not faulty logic at all, as I said, they will go somewhere else unless there is no where else in the world to hide. That doesn't mean doing nothing but it does mean there will be a country that will benefit by not following the same tax regimes if most countries agree to tackle the problem.

Which does a disservice to those that pay full tax, let those who seek to avoid British tax somewhere that isn't protected by the British tax payers.

 

[jimjamuk]

Faulty logic/reasoning for doing nothing, where you do actually have control.
British Territories should abide by British tax laws or risk losing the protection of Britain as paid for by the rank and file taxpayers.

As for the similar argument that avoidance is OK because it is legal, or its no different to what you would do in the same position, there are many high earning full tax paying companies and individuals and that assertion does them an injustice.

Close our loop holes, lobby for the rest of Europe to do the same and work with further international agencies to also do the same. It isn't actually futile to make it as difficult as possible to operate without paying tax in the nations you profit from.

The current tax laws are so complicated there are plenty of ways of avoiding paying tax but your argument is also pointless. You would just invest in other countries - there are plenty to choose from that arent bothered with all this stuff

But on topic theres nothing wrong with what Corbyn or Cameron have done - the fact they have managed to whip up some excitement from the unintelligent is a bit worrying though

 

[stewski]

The current tax laws are so complicated there are plenty of ways of avoiding paying tax but your argument is also pointless. You would just invest in other countries - there are plenty to choose from that arent bothered with all this stuff

No it isn't pointless to assert our laws in regions in which we can. It is pointless to assert that full tax payers should subsidise free loaders or that we should do nothing. If we follow the counter arguments to their logical conclusion, why not just stop taxing the super rich altogether, if their presence is so valuable. Frankly absurd suggestions that Britain should leave some of it's territory (that benefits from our tax system) as a haven for free loaders.

 

[stewski]

But on topic theres nothing wrong with what Corbyn or Cameron have done - the fact they have managed to whip up some excitement from the unintelligent is a bit worrying though

The unintelligent response is to ignore the hypocrisy of saying

"Frankly some of these schemes where people are parking huge amounts of money offshore and taking loans back to just minimise their tax rates is not morally acceptable."

- David Cameron

Yet has a background and Education that has directly benefited from morally dubious tax avoidance.

Or has implemented supposed tougher tax laws, yet fails to roll them out to the British territories where they morally should be implemented.

 

[jimjamuk]

The unintelligent response is to ignore the hypocrisy of saying - David Cameron

Yet has a background and Education that has directly benefited from morally dubious tax avoidance.

Or has implemented supposed tougher tax laws, yet fails to roll them out to the British territories where they morally should be implemented.

Again if you look at detail and don't generalise the action of offshoring funds and taking loans against them was what Mr Carr was doing and is covered by retro tax under section BN66 and rightly so anyone doing that who though that paying about 5% in tax was going to look good under the eyes of HMRC were wrong and and now paying for it.

But guess what if DC had done that it would be hypocrisy, but if you actually take time to read what he did he only did what many of us can do invest some money buying into a fund and then to really wind up the masses he actually sold at higher value, declared his profit and paid the tax due on it through capital gains tax rules - I know shocking, what a hypocrite. To top it off his nice Mum gave him a couple of hundred grand - and she hasn't had the decency to shuffle off this mortal plane so he can pay some inheritance tax on it.

Band about the words fair and moral as much as you like - its subjective and pointless as I expect if DC gave all his income away to charity one year you'd find some moral/fair angle to moan about because you cant stand the man and what he represents rather than anything else

 

[stewski]

Again if you look at detail and don't generalise the action of offshoring funds and taking loans against them was what Mr Carr was doing and is covered by retro tax under section BN66 and rightly so anyone doing that who though that paying about 5% in tax was going to look good under the eyes of HMRC were wrong and and now paying for it.

But guess what if DC had done that it would be hypocrisy, but if you actually take time to read what he did he only did what many of us can do invest some money buying into a fund and then to really wind up the masses he actually sold at higher value, declared his profit and paid the tax due on it through capital gains tax rules - I know shocking, what a hypocrite. To top it off his nice Mum gave him a couple of hundred grand - and she hasn't had the decency to shuffle off this mortal plane so he can pay some inheritance tax on it.

Band about the words fair and moral as much as you like - its subjective and pointless as I expect if DC gave all his income away to charity one year you'd find some moral/fair angle to moan about because you cant stand the man and what he represents rather than anything else

I can see you are avoiding the point of his fathers affairs.

Personally if I had a privileged private education/background paid for by an estate now known for "morally unacceptable" tax avoidance, I'd see it as hypocritical to point the finger at others.

That said I'd welcome changes to the tax laws in British territories from any quarter.

As for what I think of DC personally; simply irrelevant to if he is hypocritical on this issue or not.