The Osborne family trusts are held in offshore tax havens, thereby avoiding inheritance tax.Chancy Termites said:Prestwich_Blue said:That's years old and if you read the story properly it explains that the shares were moved out of Germany to Luxembourg by her father before the war (he was a Jewish refugee). They stayed there until Hodge herself made the decision to bring them onshore and pay any tax due. Even the Tories didn't make anything if this (probably because a lot of them had similar arrangements, certainly the Cameron & Osborne families).Chancy Termites said:<a class="postlink" href="http://m.ft.com/cms/s/0/4d9e16b4-ee3d-11e4-98f9-00144feab7de.html" onclick="window.open(this.href);return false;">http://m.ft.com/cms/s/0/4d9e16b4-ee3d-1 ... ab7de.html</a>
What an odious shitbag this People's Party multimillionaire is. Obviously I'm never going to vote for Lapaedobour but will one of you please explain why anyone does?
Her shares were held tax-efficiently in Liechtenstein away from the UK exchequer until the Labour goverment in which she was a minister passed a law letting people like her off penalties for stuffing their millions away in tax havens. She has since gone on to make a name for herself as chair of the Public Accounts Committee for moaning on at people who take advantage of exactly such avoidance schemes. She's disgusting.
SWP's back said:This sort of thing annoys me.The Northern Baptist said:Cheesy said:The general concensus is that whilst they should pay more, they are doing what every business does which is to pay the least amount of tax they legally have to. This is the job of every accountant in the country. Morally, this view can be questioned of course, but the fault is with the system really. What Labour will inevitably do is to increase Corporation Tax across the board without tightening the tax laws meaning the pain of this increase is felt by us small business owners.
Labour have said they won't increase corporation tax but will close the loopholes that allow people to abuse the system.
You can't close the fucking loophole that vodaphone, Starbucks et al exploit without global agreement thankstodouble taxation agreements.
whp.blue said:The Northern Baptist said:whp.blue said:As Business Owners maybe not quite so funny for us de niro
Worst case scenario is a Labour Majority then a SNP Minority Government (Labour biggest party)
These both are Likely and both would be devastating for small businesses like ours.
What line of business are you in?
When did you start trading?
Are you an established business?
Why do you think a labour government would be devastating for your business?
I'll go first
I own an outsourcing company
November 2008
Yes
It won't, the truth is the world isn't going to end if Labour get into power.
I own two businesses in the food sector one of which also acts as an employment agency 38 staff
june 2007
yes
Too much interference and regulation and unrealistic levels of minimum wage for some businesses
increased business rates
I never said the world would end but trading will definitely be much harder and the likely downturn in the economy, as it always does when we have a Labour government, some businesses will go under.
Len Rum said:'The Tories are also pro EU' - arguable, but assuming it's true , it's the referendum of the people that will decide the outcome NOT the Tories, so there is a risk of EU exit and that's what worries the DUP.SWP's back said:Totally disagree with that. The Tories are also pro EU and want to preserve the Union.Len Rum said:The DUP with their (probable) nine seats could play a key role in any potential coalition deal.
Traditionally they align with the Tories but now they're closer to Labour on the two big constitutional issues for them of EU ( DUP are pro EU) and preserving the Union ( they do not support an English parliament).
I can't see them entering into any coalition/pact with the Tories but I can see them doing a deal with Labour.
They are aligned on those fronts.
They'd never do a deal with Labour.
'The Tories want to preserve the Union' - very arguable as the break up of the Union cements their position in England, but again assuming it's true, EVEL will almost guarantee the end of the Union and that is what worries the DUP.
That kills that discussion off then.Prestwich_Blue said:The Osborne family trusts are held in offshore tax havens, thereby avoiding inheritance tax.Chancy Termites said:Prestwich_Blue said:That's years old and if you read the story properly it explains that the shares were moved out of Germany to Luxembourg by her father before the war (he was a Jewish refugee). They stayed there until Hodge herself made the decision to bring them onshore and pay any tax due. Even the Tories didn't make anything if this (probably because a lot of them had similar arrangements, certainly the Cameron & Osborne families).
Her shares were held tax-efficiently in Liechtenstein away from the UK exchequer until the Labour goverment in which she was a minister passed a law letting people like her off penalties for stuffing their millions away in tax havens. She has since gone on to make a name for herself as chair of the Public Accounts Committee for moaning on at people who take advantage of exactly such avoidance schemes. She's disgusting.
And as for Cameron: <a class="postlink" href="http://www.theguardian.com/politics/2012/apr/20/cameron-family-tax-havens" onclick="window.open(this.href);return false;">http://www.theguardian.com/politics/201 ... tax-havens</a>
What does that mean?The Northern Baptist said:whp.blue said:The Northern Baptist said:What line of business are you in?
When did you start trading?
Are you an established business?
Why do you think a labour government would be devastating for your business?
I'll go first
I own an outsourcing company
November 2008
Yes
It won't, the truth is the world isn't going to end if Labour get into power.
I own two businesses in the food sector one of which also acts as an employment agency 38 staff
june 2007
yes
Too much interference and regulation and unrealistic levels of minimum wage for some businesses
increased business rates
I never said the world would end but trading will definitely be much harder and the likely downturn in the economy, as it always does when we have a Labour government, some businesses will go under.
So you set your company up during the last Labour government? yes because oportunties came about because of the recession
Couldn't have been that bad if you decided to invest your money in a business at that point. I got my first property because the previous owner went bust
You've traded through a recession and come out the other side okay. I did but only had the one Business with three staff My business didn't grow until the last Parliament
A lot of hand wringing on your part here.
I'll vote tory toffs because i still think thatcher was good for the country,i dont mind them lying about vat,i think zero hours contracts are just the job,i think foodbanks are a myth,used by people who are not really poor,i am selfish and care only for myself......actually i might vote ukip because im a closet racist.malg said:Because their dad did, and so did his dad.........and they're the party of the working man........and they're the party of the North.......oh, and they're not toffs........oh, and they'll re-privatise the railways and give it back to the people.......oh, and there won't be food banks......etc, etc.Chancy Termites said:<a class="postlink" href="http://m.ft.com/cms/s/0/4d9e16b4-ee3d-11e4-98f9-00144feab7de.html" onclick="window.open(this.href);return false;">http://m.ft.com/cms/s/0/4d9e16b4-ee3d-1 ... ab7de.html</a>Labour’s Hodge accused of tax hypocrisy
Vanessa Houlder, Jim Pickard and George Parker
A prominent Labour politician and a fierce critic of tax avoidance has been accused of hypocrisy after receiving shares in a family company from a foundation based in a tax haven.
Margaret Hodge, former head of Britain’s parliamentary public accounts committee, was among the beneficiaries in 2011 of the winding-up of a Liechtenstein foundation that held shares in Stemcor, the private steel-trading business set up by Hans Oppenheimer, her father.
The shares were brought onshore using a scheme, known as the Liechtenstein Disclosure Facility, that offered reduced penalties and no risk of prosecution for Britons moving undeclared assets back to the UK.
What an odious shitbag this People's Party multimillionaire is. Obviously I'm never going to vote for Lapaedobour but will one of you please explain why anyone does?
blue cigar said:I'll vote tory toffs because i still think thatcher was good for the country,i dont mind them lying about vat,i think zero hours contracts are just the job,i think foodbanks are a myth,used by people who are not really poor,i am selfish and care only for myself......actually i might vote ukip because im a closet racist.malg said:Because their dad did, and so did his dad.........and they're the party of the working man........and they're the party of the North.......oh, and they're not toffs........oh, and they'll re-privatise the railways and give it back to the people.......oh, and there won't be food banks......etc, etc.Chancy Termites said:<a class="postlink" href="http://m.ft.com/cms/s/0/4d9e16b4-ee3d-11e4-98f9-00144feab7de.html" onclick="window.open(this.href);return false;">http://m.ft.com/cms/s/0/4d9e16b4-ee3d-1 ... ab7de.html</a>
What an odious shitbag this People's Party multimillionaire is. Obviously I'm never going to vote for Lapaedobour but will one of you please explain why anyone does?
Ha ha, id vote isis before id vote snp but thats another debate entirely. I am actually voting tory.whp.blue said:blue cigar said:I'll vote tory toffs because i still think thatcher was good for the country,i dont mind them lying about vat,i think zero hours contracts are just the job,i think foodbanks are a myth,used by people who are not really poor,i am selfish and care only for myself......actually i might vote ukip because im a closet racist.malg said:Because their dad did, and so did his dad.........and they're the party of the working man........and they're the party of the North.......oh, and they're not toffs........oh, and they'll re-privatise the railways and give it back to the people.......oh, and there won't be food banks......etc, etc.
I know that is a fib Your location says Aberdeen so you will actually be voting SNP!
whp.blue said:What does that mean?The Northern Baptist said:whp.blue said:I own two businesses in the food sector one of which also acts as an employment agency 38 staff
june 2007
yes
Too much interference and regulation and unrealistic levels of minimum wage for some businesses
increased business rates
I never said the world would end but trading will definitely be much harder and the likely downturn in the economy, as it always does when we have a Labour government, some businesses will go under.
So you set your company up during the last Labour government? yes because oportunties came about because of the recession
Couldn't have been that bad if you decided to invest your money in a business at that point. I got my first property because the previous owner went bust
You've traded through a recession and come out the other side okay. I did but only had the one Business with three staff My business didn't grow until the last Parliament
A lot of hand wringing on your part here.
You can. The government enacted General Anti-Abuse legislation a few years back and this came into force in January. The pricing transfer arrangements have nothing to do with double taxation agreements. What these companies are doing is making sales in this country but booking them to companies in Luxembourg or Ireland while their costs are paid from a UK-based company. So the profits are made in low tax regimes while their UK subsidiaries report losses. HMRC could declare that as an abuse and force them to pay tax on the basis that the sales were made in the UK.SWP's back said:This sort of thing annoys me.The Northern Baptist said:Cheesy said:The general concensus is that whilst they should pay more, they are doing what every business does which is to pay the least amount of tax they legally have to. This is the job of every accountant in the country. Morally, this view can be questioned of course, but the fault is with the system really. What Labour will inevitably do is to increase Corporation Tax across the board without tightening the tax laws meaning the pain of this increase is felt by us small business owners.
Labour have said they won't increase corporation tax but will close the loopholes that allow people to abuse the system.
You can't close the fucking loophole that vodaphone, Starbucks et al exploit without global agreement thankstodouble taxation agreements.
Anyone would be foolish not to.Prestwich_Blue said:The Osborne family trusts are held in offshore tax havens, thereby avoiding inheritance tax.Chancy Termites said:Prestwich_Blue said:That's years old and if you read the story properly it explains that the shares were moved out of Germany to Luxembourg by her father before the war (he was a Jewish refugee). They stayed there until Hodge herself made the decision to bring them onshore and pay any tax due. Even the Tories didn't make anything if this (probably because a lot of them had similar arrangements, certainly the Cameron & Osborne families).
Her shares were held tax-efficiently in Liechtenstein away from the UK exchequer until the Labour goverment in which she was a minister passed a law letting people like her off penalties for stuffing their millions away in tax havens. She has since gone on to make a name for herself as chair of the Public Accounts Committee for moaning on at people who take advantage of exactly such avoidance schemes. She's disgusting.
And as for Cameron: <a class="postlink" href="http://www.theguardian.com/politics/2012/apr/20/cameron-family-tax-havens" onclick="window.open(this.href);return false;">http://www.theguardian.com/politics/201 ... tax-havens</a>
Calling Damocles.blue cigar said:I'll vote tory toffs because i still think thatcher was good for the country,i dont mind them lying about vat,i think zero hours contracts are just the job,i think foodbanks are a myth,used by people who are not really poor,i am selfish and care only for myself......actually i might vote ukip because im a closet racist.malg said:Because their dad did, and so did his dad.........and they're the party of the working man........and they're the party of the North.......oh, and they're not toffs........oh, and they'll re-privatise the railways and give it back to the people.......oh, and there won't be food banks......etc, etc.Chancy Termites said:<a class="postlink" href="http://m.ft.com/cms/s/0/4d9e16b4-ee3d-11e4-98f9-00144feab7de.html" onclick="window.open(this.href);return false;">http://m.ft.com/cms/s/0/4d9e16b4-ee3d-1 ... ab7de.html</a>
What an odious shitbag this People's Party multimillionaire is. Obviously I'm never going to vote for Lapaedobour but will one of you please explain why anyone does?
Good job I don't advise on corporate taxes then.Prestwich_Blue said:You can. The government enacted General Anti-Abuse legislation a few years back and this came into force in January. The pricing transfer arrangements have nothing to do with double taxation agreements. What these companies are doing is making sales in this country but booking them to companies in Luxembourg or Ireland while their costs are paid from a UK-based company. So the profits are made in low tax regimes while their UK subsidiaries report losses. HMRC could declare that as an abuse and force them to pay tax on the basis that the sales were made in the UK.SWP's back said:This sort of thing annoys me.The Northern Baptist said:Labour have said they won't increase corporation tax but will close the loopholes that allow people to abuse the system.
You can't close the fucking loophole that vodaphone, Starbucks et al exploit without global agreement thankstodouble taxation agreements.
If I tried to have my invoices booked to a company registered offshore they'd be down on me like a ton of bricks.
Oh dear.blue cigar said:I'll vote tory toffs because i still think thatcher was good for the country,i dont mind them lying about vat,i think zero hours contracts are just the job,i think foodbanks are a myth,used by people who are not really poor,i am selfish and care only for myself......actually i might vote ukip because im a closet racist.malg said:Because their dad did, and so did his dad.........and they're the party of the working man........and they're the party of the North.......oh, and they're not toffs........oh, and they'll re-privatise the railways and give it back to the people.......oh, and there won't be food banks......etc, etc.Chancy Termites said:<a class="postlink" href="http://m.ft.com/cms/s/0/4d9e16b4-ee3d-11e4-98f9-00144feab7de.html" onclick="window.open(this.href);return false;">http://m.ft.com/cms/s/0/4d9e16b4-ee3d-1 ... ab7de.html</a>
What an odious shitbag this People's Party multimillionaire is. Obviously I'm never going to vote for Lapaedobour but will one of you please explain why anyone does?
Corky said:Hopefully people will get a conscience and vote Labour. Manchester always votes labour, and it shows what type of fans we are picking up now with some of the comments on here.
The Tory voters will only have themselves to blame when they get to 90 and there is next to no social care available. What is the point of pretending to champion the NHS but cutting social care so drastically creating a lot more need for the NHS?
Exactly, and just for Corky's info i'v been going since the 60s and out of the literally hundreds of Blues i'v known down the years i'v only known 2 who would openly say they voted Labour, most couldn't give two hoots about politics and were either firmly in the centre or slightly to the right, and before anybody starts one is a well known black lad who is UDA, UVF and Rangers madBluemanc100 said:Corky said:Hopefully people will get a conscience and vote Labour. Manchester always votes labour, and it shows what type of fans we are picking up now with some of the comments on here.
The Tory voters will only have themselves to blame when they get to 90 and there is next to no social care available. What is the point of pretending to champion the NHS but cutting social care so drastically creating a lot more need for the NHS?
Not read shit like that for a while on BM..... what the fuck has voting preference got to do with being a football fan you nugget? (could be a Clarkie of course)
blue underpants said:Exactly, and just for Corky's info i'v been going since the 60s and out of the literally hundreds of Blues i'v known down the years i'v only known 2 who would openly say they voted Labour, most couldn't give two hoots about politics and were either firmly in the centre or slightly to the right, and before anybody starts one is a well known black lad who is UDA, UVF and Rangers madBluemanc100 said:Corky said:Hopefully people will get a conscience and vote Labour. Manchester always votes labour, and it shows what type of fans we are picking up now with some of the comments on here.
The Tory voters will only have themselves to blame when they get to 90 and there is next to no social care available. What is the point of pretending to champion the NHS but cutting social care so drastically creating a lot more need for the NHS?
Not read shit like that for a while on BM..... what the fuck has voting preference got to do with being a football fan you nugget? (could be a Clarkie of course)
Perhaps that's reflective of the people you hang around with as well, but i'm not having lefties coming on here pontificating about being a cut above other City fans because of their politics, that is typical left wing arrogance, they are no better or worse than any Bluesunion city blue said:blue underpants said:Exactly, and just for Corky's info i'v been going since the 60s and out of the literally hundreds of Blues i'v known down the years i'v only known 2 who would openly say they voted Labour, most couldn't give two hoots about politics and were either firmly in the centre or slightly to the right, and before anybody starts one is a well known black lad who is UDA, UVF and Rangers madBluemanc100 said:Not read shit like that for a while on BM..... what the fuck has voting preference got to do with being a football fan you nugget? (could be a Clarkie of course)
Perhaps that's reflective of the people you hang around with. I know loads of left wing match-going Blues.