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Tax Dodging……Wiggo

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  • October 22, 2012 at 9:20 pm #704337
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    Stumps

    If i was in the same position
    If i was in the same position as him i would do the same.

    My kids are my future and if by spiriting money away for them when they are older and not paying tax on it is wrong, so be it, but they come first not the tax man.

    Possibly not why Wiggins is doing it but he seems to thrive on his family so i have no problem with him doing it 😉

    October 22, 2012 at 8:39 pm #704335
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    captain_slog

    Got a bit confused with the
    Got a bit confused with the blowing out of arses thing, but regarding Wiggo’s taxes I couldn’t care less.

    And when it comes to giving something back, his foundation and the Ride with Brad sportive are far more important and worthwhile than paying a few extra thou to George Osborne.

    October 22, 2012 at 7:39 pm #704333
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    road ronin

    some fella
    i do not agree
    some fella

    i do not agree with what he is doing or would i do the same but i can see it how it would appeal to these people. My wife deals with such people on a regular basis, and the stock answer is but my accountant said it is legal??

    i agree if you want to live in the UK accept our laws and rule and pay what you owe, end of.

    October 22, 2012 at 7:38 pm #704331
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    TheHatter

    stumps wrote:TheHatter

    stumps wrote:
    TheHatter wrote:
    Personally I think he’s bang out of order. If the summary quoted in the original post is correct then he’s purposely exploiting a loophole in the same way as Jimmy Carr and he should come clean and pay his taxes like Carr.

    As for the “he’s not as bad as big companies” line – that’s hardly and excuse or mitigation. Its like saying why bother catching muggers when there are people committing murders.

    I hate (,really hate) to agree with the PM but he’s morally wrong in dodging taxes.

    But he has not broken the law. He has merely had his earnings paid elsewhere, no law against that. As someone said he has not evaded paying taxes he has avoided it by other means, not an offence.

    As for the PM et al, they claim for thousands and thousands in expenses so he can just go and blow it out of his arse if he thinks its wrong.

    I agree that its not illegal and I’m not suggesting he should be prosecuted – just that he should be ashamed. He’s done well by being bought up in this country and now its time to pay something back.

    no one likes paying taxes but how else does a country pay for things like healthcare, pensions, army pensions, education. What’s wiggo gonna spend it on anyway – another dodgy haircut or a guitar to pretend he’s a cool rockstar?

    ps no fan of the PM either and I didn’t think that waa aimed at me 🙂

    October 22, 2012 at 7:19 pm #704329
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    Stumps

    Sorry thats the PM can blow
    Sorry thats the PM can blow it out of his arse, not TheHatter – sorry :O

    October 22, 2012 at 7:17 pm #704327
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    Stumps

    TheHatter wrote:Personally I

    TheHatter wrote:
    Personally I think he’s bang out of order. If the summary quoted in the original post is correct then he’s purposely exploiting a loophole in the same way as Jimmy Carr and he should come clean and pay his taxes like Carr.

    As for the “he’s not as bad as big companies” line – that’s hardly and excuse or mitigation. Its like saying why bother catching muggers when there are people committing murders.

    I hate (,really hate) to agree with the PM but he’s morally wrong in dodging taxes.

    But he has not broken the law. He has merely had his earnings paid elsewhere, no law against that. As someone said he has not evaded paying taxes he has avoided it by other means, not an offence.

    As for the PM et al, they claim for thousands and thousands in expenses so he can just go and blow it out of his arse if he thinks its wrong.

    October 22, 2012 at 7:09 pm #704325
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    TheHatter

    Personally I think he’s bang
    Personally I think he’s bang out of order. If the summary quoted in the original post is correct then he’s purposely exploiting a loophole in the same way as Jimmy Carr and he should come clean and pay his taxes like Carr.

    As for the “he’s not as bad as big companies” line – that’s hardly and excuse or mitigation. Its like saying why bother catching muggers when there are people committing murders.

    I hate (,really hate) to agree with the PM but he’s morally wrong in dodging taxes.

    October 22, 2012 at 6:46 pm #704323
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    Some Fella

    road ronin wrote:……but if

    road ronin wrote:
    ……but if 99% of the populas was offered a scheme to pay less tax they would take it.

    I guess i fall into that 1% in that case.
    Call me old fashioned (and a socialist) but a robust tax system is an indictor of a advanced society.
    It our moral duty to pay our fair share of tax.
    People who moan about paying our taxes should fuck off to another country and never be allowed to use our roads, schools, hospitals, welfare system etc etc ever again.
    There are those who are happy to profit from the opportunities this country offers but not give back anything to the country that gave that living.
    I am happy to pay my taxes.

    October 22, 2012 at 6:29 pm #704321
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    Kapelmuur

    drheaton wrote:Crosshouses

    drheaton wrote:
    Crosshouses wrote:
    Doesn’t the proprietor of the Mail avoid tax by living in France?

    It won’t be as simple as that, if it’s earnings in the UK then tax is deducted at source (straight from Payroll regardless of residency) but as the owner he probably won’t be on payroll and will be getting dividends and all sorts of other things so who knows. It’s complicated and I know very little about taxation in general but taxation is not simple and sweeping statements like “living abroad to avoid tax” don’t always cover the minute details of international tax arrangements.

    Sloppy work from me – I vaguely remembered that the owners of the Mail used a tax avoidance scheme but was in a hurry to go out and didn’t check details.

    Although Viscount Rothermere is a ‘non-dom’ his dividends are paid through “a Bermudan company and a series of family controlled trusts on which he pays no tax”.

    Source – Private Eye 1319, 27th July 2012.

    October 22, 2012 at 6:09 pm #704319
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    road ronin

    firstly tax avoidence is a
    firstly tax avoidence is a legal loop hole which will be shut down by the HMRC once highlighted by wealthy earners accountants. Tax evasion is illegal. both can result in fines and/or prosecution.

    my better half is a tax officer so no chance for me, but if 99% of the populas was offered a scheme to pay less tax they would take it. as these star etc are just doing the best for ther families, futures etc like the rest of us. but unfortunatly as it would cost most people more to action such schemes than what they would save in tax.
    only the rich can afford too and see the benefit from these tax avoidance schemes.
    although i do not agree with the principal it would be difficult to refuse if i had a top class professional cyclist wage to invest and secure mine and my families future if things went badly wrong. 😕

    October 22, 2012 at 4:46 pm #704317
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    nevman

    Tax overhaul long overdue as
    Tax overhaul long overdue as the pool of legitmate tax payers falls and the burdens increase.If you are trading on the UKs taxpayers hard earnt cash then you should pay tax-creating overseas bases eg Amazon Ireland shouldnt wash.Bradley earns his money overseas mostly,Jimmy Carr doesnt.Time for a realistic structure.

    October 22, 2012 at 4:19 pm #704315
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    Gkam84

    Crosshouses wrote:Doesn’t the

    Crosshouses wrote:
    Doesn’t the proprietor of the Mail avoid tax by living in France?

    France have higher rates of tax than the UK, so he’ll most likely get paid offshore and take it out as tax free “loans”

    October 22, 2012 at 1:40 pm #704313
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    drheaton

    Yeah, if you run a business
    Yeah, if you run a business from home you can get tax off your utility bills and all sorts. There’s plenty of ways to beat the system and plenty of people doing it. It’s just that the likes of Wiggins and Jimmy Carr and doing on a bigger scale.

    October 22, 2012 at 1:31 pm #704311
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    Stumps

    My bro used to own his own
    My bro used to own his own business and his accountant basically said “get a receipt for everything, regardless if its for the business or not” and it gets written off the tax you pay.

    He ended up paying something like 1.5% tax and thats in this country.

    October 22, 2012 at 1:09 pm #704309
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    drheaton

    Crosshouses wrote:Doesn’t the

    Crosshouses wrote:
    Doesn’t the proprietor of the Mail avoid tax by living in France?

    It won’t be as simple as that, if it’s earnings in the UK then tax is deducted at source (straight from Payroll regardless of residency) but as the owner he probably won’t be on payroll and will be getting dividends and all sorts of other things so who knows. It’s complicated and I know very little about taxation in general but taxation is not simple and sweeping statements like “living abroad to avoid tax” don’t always cover the minute details of international tax arrangements.

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