The Taxman-

[Tony Croft aka hamadryad]

So Osbournes having to defend the new powers that have been given to the taxman to "snoop" into your bank accounts and take whats owed.

 

Anyone got an opinion on this? I find it unsurprising in this crazy era.

Edited April 7, 2014 by Tony Croft aka hamadryad

[Johny Walker]

off shore banking ,you need to think like a tory mp

[Tony Croft aka hamadryad]

off shore banking ,you need to think like a tory mp

 

[Robert_S]

Surely if you dont owe anything and he can't take it?

 

i know thats not how it works, i don't think they should be granted those powers.

[Tony Croft aka hamadryad]

Surely if you dont owe anything and he can't take it?

 

i know thats not how it works, i don't think they should be granted those powers.

 

The powers being given to "corporations" at the moment are quite frightening, Monsanto now have more power than the U.S president.

 

The odd thing about taxation is that no one in the law society or tax office seems to be able to point anyone ive spoken to towards the actual law that clearly states all men and woman are lawfully required to pay taxes!

 

go figure.

 

I believe its called manufactured consent

[SteveA]

The powers being given to "corporations" at the moment are quite frightening, Monsanto now have more power than the U.S president.

 

The odd thing about taxation is that no one in the law society or tax office seems to be able to point anyone ive spoken to towards the actual law that clearly states all men and woman are lawfully required to pay taxes!

 

go figure.

 

I believe its called manufactured consent

 

Monsanto; yeurgh

Taxman; yeurgh

Starbucks (etc); yeurgh

Educating (?) children to become good little consumers; yeurgh

The Arbtalk Revolution; yay!

[Inoff the Red]

Surely if you dont owe anything and he can't take it?

 

i know thats not how it works, i don't think they should be granted those powers.

 

 

 

That is how HMRC will spin this…you have nothing to fear if you pay up. In reality it is a disaster waiting to happen.

 

Unfortunately there are numerous examples of where HMRC have made huge mistakes and taken aggressive action on the basis of information that turned out to be incorrect.

 

There is a truly frightening and widely reported case involving a business called Abbey Forwarding.

Basically HMRC issued a demand for VAT on the grounds that the company was smuggling alcohol. The directors challenged this assessment but rather than enter a debate about it HMRC appointed a liquidator in an Ex-parte hearing that the directors knew nothing about.

The appointment of a liquidator effectively prevented the directors from challenging HMRC's claim and the directors/shareholders of a profitable and long established business lost everything, including their good name.

It subsequently transpired that HMRC were mistaken in their belief that the company was smuggling but in a manner that seems to be adopted by many public bodies these days (think NHS and Stafford, think Police and Hillsborough/Plebgate etc) instead of owning up to a mistake, they tried to blag it in court.

The judge was damning in his criticism of HMRC and the liquidator but the directors /shareholder of Abbey still have to go to court for restitution.

 

For those with a strong constitution do a Google search on Abbey Forwarding or check out the following links in order

 

How one family were brought to their knees by the taxman - Telegraph

 

MP claims Deloitte liquidator aided HMRC ?vendetta? | AccountingWEB

 

 

Then there is the case of the construction company that was owed £250k in respect of CIS deductions that had been withheld from contract payments and paid over to HMRC.

HMRC refused to pay the money back to the company because they had a query over £50. HMRC refused to make a payment on account because the error of £50 could mask bigger and more substantial errors and required a full reconciliation. In the absence of the repayment, the company defaulted on its VAT payment and was subsequently hit with £30k penalties for late payments.

 

On a smaller level, I have seen examples of people being doorstepped by debt collectors demanding payment of tax that had actually been paid on time. Unfortunately HMRC had allocated the payment to the prior year. It should have been obvious to them that the amount they were chasing was the same amount as an apparent over payment in the previous year but their response when challenged on this was that they assumed the overpayment related to an under-declaration of tax in respect of the prior year and still maintained the tax was payable.

 

If HMRC had had the power to dip into a taxpayers bank account for "arrears" then they would have taken the money. If HMRC believe they are owed money, they already have the tools to enforce payment without dipping into people's bank accounts when it suits them.

[Amelanchier]

I'd just like to take this opportunity to remind members of forum rule no. 15;

 

"Arbtalk is not to be used as a soapbox or platform to persistently push a particular set of political or ethical viewpoints onto the members. We welcome debate and acknowledge that this will often include forthright and rigorous discussions on a wide range of subjects but we will act to curtail proselytising, link dumping and deliberate derailment where the apparent aim is solely to deliver an individuals pet polemic, particularly one that has been raised before."

 

So by all means talk tax but if the familiar old soapboxes come out any further than they have already the thread is getting closed.

 

Cheers.

Edited April 8, 2014 by Amelanchier

[skyhuck]

The powers being given to "corporations" at the moment are quite frightening, Monsanto now have more power than the U.S president.

 

The odd thing about taxation is that no one in the law society or tax office seems to be able to point anyone ive spoken to towards the actual law that clearly states all men and woman are lawfully required to pay taxes!

 

go figure.

 

I believe its called manufactured consent

 

Cool!! Thats great!!!!!!!!

 

Then they can close all the schools, hospitals, sack the police and firefighters, stop benefits etc, etc,

 

We can all sit back praying we don't get ill or fall on hard times and laugh at those that do, while counting all the cash we've saved

[Tony Croft aka hamadryad]

I'd just like to take this opportunity to remind members of forum rule no. 15;

 

"Arbtalk is not to be used as a soapbox or platform to persistently push a particular set of political or ethical viewpoints onto the members. We welcome debate and acknowledge that this will often include forthright and rigorous discussions on a wide range of subjects but we will act to curtail proselytising, link dumping and deliberate derailment where the apparent aim is solely to deliver an individuals pet polemic, particularly one that has been raised before."

 

So by all means talk tax but if the familiar old soapboxes come out any further than they have already the thread is getting closed.

 

Cheers.

 

Cool!! Thats great!!!!!!!!

 

Then they can close all the schools, hospitals, sack the police and firefighters, stop benefits etc, etc,

 

We can all sit back praying we don't get ill or fall on hard times and laugh at those that do, while counting all the cash we've saved

 

ha ha, the mods getting all hevay on a harmless subject, nothing changes!

 

This effects all of us in business, and socially, as for the pathetic excuses of benefits of paying tax what a sheep! Huck have you really any idea how this economy works?

 

Basicaly the bankers print money (with no backing) its a fiat currency, meaning it is worthless paper, no longer redeemable in gold nor silver as it once was.

 

All the money printed/created is loaned at interest (usury, which huck will know about as an ex witness) this basicaly means all the money created is debt, and there isnt enough at any time in order to dispose of the debt because the interest doesnt exist, the money supply has to be expanded, continuously, hence the BS surrounding sustainable business, its NOT! this system needs to be a growth based system.