If Transam does not like the answers, he will be along shortly to change the question. You will NOT get your point across so don't bother banging your heads.
When will people realise and accept that it is not turning a blind eye; the rules are purposely made so that the wealthy can avoid paying tax?
I think there's a difference between the tax laws that can benefit the wealthy, and the tax deals that HMRC make with the likes of Starbucks in order to persuade them to run their businesses here. There does need to be an international agreement whereby companies can't make low tax countires their base for tax purposes, when they only have a nominal staff in that country, but the HMRC does have the powers to determine if an international company is abusing the rules. Starbucks themselves agreed to pay more tax when challenged by the public outcry, but wouldn't have had to do so if they knew they weren't playing fast and lose with the regs. Many companies actually negotiate with the HMRC as to the amount of tax they have to pay, and then the negotiators seem to end up working for that company when they leave the HMRC.
If Transam does not like the answers, he will be along shortly to change the question. You will NOT get your point across so don't bother banging your heads.
they should also clamp down on any any consumer who is caught paying cash in order to dodge paying vat
There is - you can't afford to take advantage of them.I think there's a difference between the tax laws that can benefit the wealthy,
Presumably it's either that or nothing.and the tax deals that HMRC make with the likes of Starbucks in order to persuade them to run their businesses here.
There isn't. It's called competition. No different than Tesco and Asda attracting customers.There does need to be an international agreement whereby companies can't make low tax countires their base for tax purposes, when they only have a nominal staff in that country
They do - so, presumably, they aren't (abusing)., but the HMRC does have the powers to determine if an international company is abusing the rules.
I don't know. Another sop?Starbucks themselves agreed to pay more tax when challenged by the public outcry, but wouldn't have had to do so if they knew they weren't playing fast and lose with the regs.
There you go (if true). Nothing but the national interest at heart.Many companies actually negotiate with the HMRC as to the amount of tax they have to pay, and then the negotiators seem to end up working for that company when they leave the HMRC.
There you go (if true). Nothing but the national interest at heart.
cash
walk into say a ? aston martin car show room & plonk 50 grand in cash on the table & drive the car away
Doesn't work - Such places have a limit (set by HMG) on the amount of cash they can accept. you did that expect to be reported to HMG.
When I bought my only new, delivery milage car, I tried to pay in cash as I wanted feel like I owned it and I'd paid for it. The dealers limit was £5K in cash without me providing very detailed proof of how I came by the cash...