Tax havens

[Cagey]

Ha ha. Same thing happened to me. Got a second letter on 2 March showing the Tax code number that was supposed to be replaced by the letter I got dated 17th Feb.

As the second code was less beneficial, (and did not reflect the Transfer Allowance) I phoned up and was told that the code number on the system was the one shown on the original letter and the second letter had been in the system.

A further letter is being sent to me with the original Tax code number.

So much for automation, when the wheels turn there is no way to put the brakes on!    If it was a car it would have failed its MOT.

The help line number is 0300 200 3300.

Ta,being on hold & listening to shit music for 30 mins was putting me off.

[Tranmere Saintee]

As shown yet again by the miniscule amount paid by Facebook, Britain is the best Tax Haven in the world if you are  a big corporation who donates to the Tory Party or have a Tory minister on the board.

[Cagey]

Wish we could volunteer how much tax we paid.

[canuck_saint]

hmrc is a feckin shambles - if they cant even tax ordinary folk on paye, its not wonder google/amazon/georgie osbornes family company are paying feck all in tax.

Make the system work for you...,,,,,,,    its no wonder there is socialism for the rich, and capitalism for the workers

i take all that back, given gideon has just send me a nice cheque for over payment for last year.

wait a minute, he nicked more of my money than he was legally entitled to.......... held onto to it for a year, repeated the interest, and then gave it back? surely there is a lawsuit there for someone with far deeper pockets than I.

[HOODLUM65]

If you make a f*** up with your tax return you are liable to be hit or threatened with a hefty fine.

If HMRC make a f*** up should compensation be awarded against the individual responsible, in favour of the person/company who have erroneously been penalised?

Think we all know the answer to that one.

Big brother rules o.k.

[Tranmere Saintee]

Many years ago I was called in to the MDs office at the company I was working for to be told HRMC were going to arrest my wages for non payment of the fines they had imposed for not sending in my tax returns. First problem was that I had never been asked to fill 1 in which of course they said was impossible as they had sent me numerous reminders etc which again I had not received. In a moment of inspiration my MD just happened to ask them to confirm my address and they had somehow gone back to an address from 15 years previously despite having being sending my tax codes to the correct address. Did I get compo for the embarrassment and hassle they caused, did I feck, I just got a demand for the non payed fines at the correct address!! 

[canuck_saint]

If you make a f*** up with your tax return you are liable to be hit or threatened with a hefty fine.

If HMRC make a f*** up should compensation be awarded against the individual responsible, in favour of the person/company who have erroneously been penalised?

Think we all know the answer to that one.

Big brother rules o.k.

that of course depends on who you are. me and thee, get hit with bills and summons if we dont pay.

google. facebook or gorgeous george's own family company pay feck all for years, and even if they eventually get a bill, theyre allowed to negotiate it

If there is a single non-millionaire tory voter left, north of the watford gap, id love hear their argument....

[sixties saintee]

that of course depends on who you are. me and thee, get hit with bills and summons if we dont pay.

google. facebook or gorgeous george's own family company pay feck all for years, and even if they eventually get a bill, theyre allowed to negotiate it

If there is a single non-millionaire tory voter left, north of the watford gap, id love hear their argument....

Believe me there are a lot of them,and a few on hear

Hoodlums the only millionaire though.

Edited March 7, 2016 by sixties saintee

[canuck_saint]

i very much doubt there are a lot of them. theres certainly a vocal minority on here when the Daily Wail website has crashed because of the immigrant/workshy/single mothers rants that take place every day. I doubt there is a supercomputer around that could handle that amount of bile daily.

 

[slf]

Voddy garden tax haven 

[HOODLUM65]

Believe me there are a lot of them,and a few on hear

Hoodlums the only millionaire though.

Pardon?

Who would believe you?

Edited March 14, 2016 by HOODLUM65

[AthensSaint]

I pay more tax in Greece than I would in the UK basis Gross then to Net.

[sixties saintee]

Pardon?

Who would believe you?

Your Missus  

[sixties saintee]

I pay more tax in Greece than I would in the UK basis Gross then to Net.

And why not if you earn it you are taxed on it ( or should be) But your Accountant will sort you out.

Serious question Athens what is the Greek rate of tax.

[AthensSaint]

And why not if you earn it you are taxed on it ( or should be) But your Accountant will sort you out.

Serious question Athens what is the Greek rate of tax.

50 % for my salary bracke

[babychunder]

It was 50% here too but cut to 45% a few years ago. Have been paying myself in dividends to get the bill down a bit. Left a lump in the company so I can pay myself more when times are hard.

[saintee in exile]

Its 0% in the Caymans...wonder why?

[canuck_saint]

50 % for my salary bracke

IIRC the personal tax free allowance in greece is around 5k GBP. in the uk its about 10K. that makes a huge difference.

the base rate is just one of many factors when youre trying to compare who pays more or less.

if youre self employed in the uk on a decent wage, with income tax, corp tax, employee and employer NI contribs, youd be well over 60% taxed even before the vat man turns up

[SlickDT]

On the grand scheme of things as a country we are capable of making a very good living even after taxation.

I tend to find its people's outgoings that dictate the way they feel about their income.

[Abernethy Saint]

Spot on. When I retired, I was worried about surviving on a pension. But once you strip out all the deductions, you lose work related expenses and stop spending money on shite, you actually end up better off! I've never saved so much in my life.

[canuck_saint]

On the grand scheme of things as a country we are capable of making a very good living even after taxation.

I tend to find its people's outgoings that dictate the way they feel about their income.

its definitely easier to lessen your expenditure than up your income (for most folks). When i think how much i used to spend on fags on booze every month, how much i spent over the years..thats scary

[HOODLUM65]

https://www.gov.uk/marriage-allowance-guide

Try this instead, I think his fingers faulted when typing it in!!

£212 for 2015/16, new tax allowance for 2016/17 increases this years figure to £220.

If you are eligible to claim it is backdated, making a total of £432. Braw.

[sixties saintee]

£212 for 2015/16, new tax allowance for 2016/17 increases this years figure to £220.

If you are eligible to claim it is backdated, making a total of £432. Braw.

Scone the New Tax Haven

[AthensSaint]

Thinking about my next move being to Panama. Greece is now full of Immigrants. 

[Abernethy Saint]

An immigrant running away from immigrants? You're a very strange man.