Jimmy Carr legal tax avoidance story, what you view folks?

[LochNessMonster]

I say good luck to the bloke, if its good for MP'S, MEP'S , Bankers, MOD Sportsmen/women and good old Ken Dodd its fine by me.

Only wish I had the brains to figure the system out.

Thought it a bit of a cheek what the PM said after the amount of pigs that got their heads stuck in the troff with their second homes.

Nessie :)

[Sqad]

This tax loophole has been known for a decade or more and during that tome a Labour and a Coalition government have been in power.

Why didn't they close that loophole.

Blame the Politicians not Jimmie Carr.......whoever he is.

[emmie]

apparently he is a comedian. x

[emmie]

people don't have to do it, take the accountants advice and squirrel the money away, after all aren't we all in this together?

[Sqad]

Apparently he bought is £8'm house by paying CASH.

Surely this must have raised a few questions?

[Mick-Talbot]

Sir Prize ....you have got me in stitches ...not

I take it you like 'Sacha Noam Baron Cohen' ?

[Mick-Talbot]

em10
people don't have to do it, take the accountants advice and squirrel the money away, after all aren't we all in this together?




Lol em .....now that is funny ;0)

[FredPuli43]

Sqad, he may have been a beneficiary of the extraordinarily fast rate in the increase of value of high price houses, particularly in traditionally 'rich' areas of London.This has been largely, if not wholly, fuelled by foreign buyers. His earlier house or houses might have been well within his reach as a high earner, taxed fully or usng standard methods of tax-saving. When he moved on, he had more than enough free capital to change one house for the present one at £8 million.

[whiskeryron]

Isn't it time that the whole tax system is sorted out so that it would become impossible to cheat on it ? For example I understand that there are people out there who are not paying & never have paid road fund licence or vehicle insurance
I'm certainly no expert but surely if both of those were scrapped & the equivalent tax was added to the price of fuel everyone would be paying the tax. Similarly scrap income tax & put it onto the price of all commodities purchased with some sort of pay back scheme for the underprivileged & OAPs etc.

W Ron.

[emmie]

mick, irony doesn't always come across but in this case. x

[sir.prize]

Mick-T - ///I take it you like 'Sacha Noam Baron Cohen'?///

If that is a joke - you jest. Another non-comedian

[FredPuli43]

The trouble with scrapping income tax or other direct taxes, and replacing them with indirect ones, such as purchase tax, is that the government knows and can predict how much it will raise from direct taxes, whereas indirect ones are dependent on the market place for goods and services. People have the choice whether to buy, and may opt to keep the cash, and their mood may change rapidly and unpredictably. Keeping the cash has a bad effect on employment too. They have no choice but to earn and pay the direct tax on those earnings (Mr Carr and some others excepted).

[andy-hughes]

I think it is wrong of the Prime Minister to speak out against one individual who has broken no law, and is doing what a large number of Tory Party donors do, whish is shielding his income from tax through leagal means.

If Mr Cameron wants to start pointing moral fingers around, he could aim them at people Jonathan Aitken who banged on about the 'simple sword of truth' and the s'hield of British fair play', while trying to pursuade his sixteen-year-old daughter to perjure herself in his defence, and then went to prison anyway, or Jeffrey Archer who has also done time, or Boris Johnson who'se infidelities amuse the right-wing gossip-mongers.

Point away Mr Cameron - once your own Party is clear of moral and indeed legal misbehaviour. Until then, do your job, which is not to pretend to be the country's moral guardian. You have too many men and women dying abroad in your wars to wear that coat with any shred of dignity and worth.