G20. What's the odds!

View previous topic View next topic Go down

G20. What's the odds!

Post  Atlas on Sun Jul 21, 2013 12:32 am

A communique that all the G20 nations have reached agreement that 'something' should be done to rake in the pig-troughing tax avoiders raping the planet has been reached.
What's betting it takes forever amnd what's betting 'some' only pay lip service?Wink 
avatar
Atlas
Starfleet Commander
Starfleet Commander

Posts : 2932
Join date : 2012-09-06
Location : Wales

Back to top Go down

Re: G20. What's the odds!

Post  Chill37 on Sun Jul 21, 2013 9:36 pm

To be honest.  I dont really care.

A PR filled leaflet /pamplet will be released.

No one will take notice.

Then another PR filled leaflet will be released. Etc etc.

Chill37
Officer of the Watch
Officer of the Watch

Posts : 742
Join date : 2012-09-05

Back to top Go down

Re: G20. What's the odds!

Post  Guest on Sun Jul 21, 2013 11:13 pm


and, much closer to home: -


Interim Director of Children’s Services allowed to avoid thousands of pounds in tax by Rochdale Council


http://www.rochdaleonline.co.uk/news-features/2/news-headlines/81315/interim-director-of-childrens-services-allowed-to-avoid-thousands-of-pounds-in-tax-by-rochdale-council


'It's not illegal' is the crack  Rolling Eyes  An intriguing last paragraph to the article .....


Guest
Guest


Back to top Go down

Re: G20. What's the odds!

Post  Atlas on Mon Jul 22, 2013 12:47 am

As the article suggests - a tax avoidance made possible under the law. In addition I would point out that as a start-up company in its first year of trading it would follow that in addition to the tax benefit of 20% one may add to the accounting a further reduction for start-up costs listing all and any legitimate expenses. It is probable that for the first year little more than 10% was paid in tax from the company's earnings especially if a fee was taken as a director by both directors. It could be argued that the council were wiser to take on this 'firm' as they did if the 'contract term' was to be twelve months or less thus avoiding all the ramifications that go with administering 'employees' as their costs would also be reduced producing a saving ' of sorts' for the town coffers. I don't have an argument with this method of employment where the term of the 'contract' is uncertain or of short duration.. . but as the article goes on to say. 'Such arrangements are frowned upon and could be deemed inappropriate'. It is sometimes difficult to know what the best forms of action are with the tax system we have - and all it's short-comings.What a Face 
avatar
Atlas
Starfleet Commander
Starfleet Commander

Posts : 2932
Join date : 2012-09-06
Location : Wales

Back to top Go down

Re: G20. What's the odds!

Post  Hinch on Thu Jul 25, 2013 7:55 pm

Listen here you fools!

It is those very pigs and their families who make the very rules that dictate just how deeply they can bury their snouts in aforementioned trough.

Geddit?

Re-read “Animal Farm". You must have missed out on a few basic truths. Oh, I understand, you thought it was some sort of Disneyesque farmyard romp.
avatar
Hinch
Spaceship Commander
Spaceship Commander

Posts : 1927
Join date : 2012-09-05
Location : Stradhoughton

Back to top Go down

Re: G20. What's the odds!

Post  Guest on Thu Jul 25, 2013 10:27 pm


Razz

Guest
Guest


Back to top Go down

Re: G20. What's the odds!

Post  Sponsored content


Sponsored content


Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum