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More tax avoiders...

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TUX Flag redhill 24 Feb 15 7.59pm Send a Private Message to TUX Add TUX as a friend

Quote Hoof Hearted at 24 Feb 2015 11.35am

Quote Pussay Patrol at 23 Feb 2015 1.42pm

Quote Hoof Hearted at 23 Feb 2015 10.28am

Another act of hypocrisy (by probably everyone on here I'd wager) is to pay builders/plumbers/electricians/workmen cash, to get a job done cheaper and avoid paying VAT.

.. and how many people let out rooms and don't declare that income?

It all adds up and doesn't help our economy.

Actually small traders don't have to charge or declare VAT if their business earns under the the VAT threshold. So small time one man bands like window cleaners or odd job men for example won't charge it.


Okay... but paying them cash gives them the opportunity to not declare earnings and avoid income tax.[/quote]

And saves someone money. A point rarely mentioned for some reason?
Someone living on cash jobs still has to spend. That expenditure is taxed in one way or another.

Ultimately the money all ends up in the same pot.


 

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Hoof Hearted 25 Feb 15 11.20am

Quote TUX at 24 Feb 2015 7.59pm

Quote Hoof Hearted at 24 Feb 2015 11.35am

Quote Pussay Patrol at 23 Feb 2015 1.42pm

Quote Hoof Hearted at 23 Feb 2015 10.28am

Another act of hypocrisy (by probably everyone on here I'd wager) is to pay builders/plumbers/electricians/workmen cash, to get a job done cheaper and avoid paying VAT.

.. and how many people let out rooms and don't declare that income?

It all adds up and doesn't help our economy.

Actually small traders don't have to charge or declare VAT if their business earns under the the VAT threshold. So small time one man bands like window cleaners or odd job men for example won't charge it.


Okay... but paying them cash gives them the opportunity to not declare earnings and avoid income tax.[/quote]

And saves someone money. A point rarely mentioned for some reason?
Someone living on cash jobs still has to spend. That expenditure is taxed in one way or another.

Ultimately the money all ends up in the same pot.



You seem to be giving the thumbs up for income tax evasion then?

Or is it only okay for small traders?

Everyone has to spend.


Edited by Hoof Hearted (25 Feb 2015 11.21am)

 

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TUX Flag redhill 25 Feb 15 5.18pm Send a Private Message to TUX Add TUX as a friend

Quote Hoof Hearted at 25 Feb 2015 11.20am

Quote TUX at 24 Feb 2015 7.59pm

Quote Hoof Hearted at 24 Feb 2015 11.35am

Quote Pussay Patrol at 23 Feb 2015 1.42pm

Quote Hoof Hearted at 23 Feb 2015 10.28am

Another act of hypocrisy (by probably everyone on here I'd wager) is to pay builders/plumbers/electricians/workmen cash, to get a job done cheaper and avoid paying VAT.

.. and how many people let out rooms and don't declare that income?

It all adds up and doesn't help our economy.

Actually small traders don't have to charge or declare VAT if their business earns under the the VAT threshold. So small time one man bands like window cleaners or odd job men for example won't charge it.


Okay... but paying them cash gives them the opportunity to not declare earnings and avoid income tax.[/quote]

And saves someone money. A point rarely mentioned for some reason?
Someone living on cash jobs still has to spend. That expenditure is taxed in one way or another.

Ultimately the money all ends up in the same pot.



You seem to be giving the thumbs up for income tax evasion then?

Or is it only okay for small traders?

Everyone has to spend.


Edited by Hoof Hearted (25 Feb 2015 11.21am)


Think of all the people/places that take cash and there are thousands upon thousands of them from cleaners, child-minders, builders/construction, cafes, pubs, market stalls, scarf sellers at Selhurst etc etc and the list goes on.
Agreed, everyone has to spend, but many things would be far dearer for many if every single penny was to be accounted for.
I get your point and realise how mine comes across but every economy needs a 'black market' to some degree....imo.


 

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chris123 Flag hove actually 25 Feb 15 5.58pm Send a Private Message to chris123 Add chris123 as a friend

Quote TUX at 25 Feb 2015 5.18pm

Quote Hoof Hearted at 25 Feb 2015 11.20am

Quote TUX at 24 Feb 2015 7.59pm

Quote Hoof Hearted at 24 Feb 2015 11.35am

Quote Pussay Patrol at 23 Feb 2015 1.42pm

Quote Hoof Hearted at 23 Feb 2015 10.28am

Another act of hypocrisy (by probably everyone on here I'd wager) is to pay builders/plumbers/electricians/workmen cash, to get a job done cheaper and avoid paying VAT.

.. and how many people let out rooms and don't declare that income?

It all adds up and doesn't help our economy.

Actually small traders don't have to charge or declare VAT if their business earns under the the VAT threshold. So small time one man bands like window cleaners or odd job men for example won't charge it.


Okay... but paying them cash gives them the opportunity to not declare earnings and avoid income tax.[/quote]

And saves someone money. A point rarely mentioned for some reason?
Someone living on cash jobs still has to spend. That expenditure is taxed in one way or another.

Ultimately the money all ends up in the same pot.



You seem to be giving the thumbs up for income tax evasion then?

Or is it only okay for small traders?

Everyone has to spend.


Edited by Hoof Hearted (25 Feb 2015 11.21am)


Think of all the people/places that take cash and there are thousands upon thousands of them from cleaners, child-minders, builders/construction, cafes, pubs, market stalls, scarf sellers at Selhurst etc etc and the list goes on.
Agreed, everyone has to spend, but many things would be far dearer for many if every single penny was to be accounted for.
I get your point and realise how mine comes across but every economy needs a 'black market' to some degree....imo.



Ours is about £40 billion a year it seems.

 

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TUX Flag redhill 25 Feb 15 6.31pm Send a Private Message to TUX Add TUX as a friend

Quote chris123 at 25 Feb 2015 5.58pm

Quote TUX at 25 Feb 2015 5.18pm

Quote Hoof Hearted at 25 Feb 2015 11.20am

Quote TUX at 24 Feb 2015 7.59pm

Quote Hoof Hearted at 24 Feb 2015 11.35am

Quote Pussay Patrol at 23 Feb 2015 1.42pm

Quote Hoof Hearted at 23 Feb 2015 10.28am

Another act of hypocrisy (by probably everyone on here I'd wager) is to pay builders/plumbers/electricians/workmen cash, to get a job done cheaper and avoid paying VAT.

.. and how many people let out rooms and don't declare that income?

It all adds up and doesn't help our economy.

Actually small traders don't have to charge or declare VAT if their business earns under the the VAT threshold. So small time one man bands like window cleaners or odd job men for example won't charge it.


Okay... but paying them cash gives them the opportunity to not declare earnings and avoid income tax.[/quote]

And saves someone money. A point rarely mentioned for some reason?
Someone living on cash jobs still has to spend. That expenditure is taxed in one way or another.

Ultimately the money all ends up in the same pot.



You seem to be giving the thumbs up for income tax evasion then?

Or is it only okay for small traders?

Everyone has to spend.


Edited by Hoof Hearted (25 Feb 2015 11.21am)


Think of all the people/places that take cash and there are thousands upon thousands of them from cleaners, child-minders, builders/construction, cafes, pubs, market stalls, scarf sellers at Selhurst etc etc and the list goes on.
Agreed, everyone has to spend, but many things would be far dearer for many if every single penny was to be accounted for.
I get your point and realise how mine comes across but every economy needs a 'black market' to some degree....imo.



Ours is about £40 billion a year it seems.

Which is around one third of corporate tax avoidance.

And I'm purely guessing but I reckon the vast majority of that money is spent in the UK rather than disappearing abroad.


 

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Monty the Eagle Flag Lima 30 Apr 15 3.04pm Send a Private Message to Monty the Eagle Add Monty the Eagle as a friend

Interesting infographic on what businesses contribute.

[Link]

 

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