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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 1:15 pm 
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Standee wrote:Tesco/Vodafone and the likes employ thousands of people, Wayne Rooney puts a ball in a net a couple of times a week.


If Wayne Rooney did avoid paying some or all of his income tax, he would still be dodging a minuscule fraction of the amount the likes of Tesco and Vodafone dodge. They should all pay what's due, but enforcement should start with those whose avoidance makes the most difference.

Oh, and, what vbfg said.






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Last edited by Rock God X on Tue Mar 13, 2012 1:25 pm, edited 1 time in total.
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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 1:19 pm 
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Rock God X wrote:Wayne Rooney dodges a minuscule fraction of the amount the likes of Tesco and Vodafone dodge. They should all pay what's due, but enforcement should start with those whose avoidance makes the most difference.

Oh, and, what vbfg said.


Does Rooney "dodge" tax? You make a bold, potentially libellous comment!

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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 1:23 pm 
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Dally wrote:Does Rooney "dodge" tax? You make a bold, potentially libellous comment!


It wasn't my statement, actually. Standee made the assertion that Premiership footballers routinely dodge tax and used Wayne Rooney as an example. I just chose not to contest that point. I accept though, that for clarity my post should have began:

"If Rooney does in fact avoid tax..."

I'll edit it now.






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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 1:26 pm 
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vbfg wrote:I think given the context it would take an expert in avoiding the charitable interpretation to have avoided understanding what I meant. But then this is the sin bin, so such things are to be expected.


Not really, not when you're asking why a unique situation with a unique company and a unique outcome, was not unique.






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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 1:28 pm 
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In the interests of balance, I am aware of one former CEO of a high street retail chain who put his entire £20m settlement package on his "retirement" through PAYE, thereby paying tax and Class 1 NIC on the lot - and have seen the payslip that went with it.

Being super-rich doesn't necessarily mean you're indulging in tax avoidance/mitigation/evasion.






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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 1:35 pm 
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Rock God X wrote:It wasn't my statement, actually. Standee made the assertion that Premiership footballers routinely dodge tax and used Wayne Rooney as an example. I just chose not to contest that point. I accept though, that for clarity my post should have began:

"If Rooney does in fact avoid tax..."

I'll edit it now.


Better to be safe than sorry.

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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 2:26 pm 
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Richie wrote:Not really, not when you're asking why a unique situation with a unique company and a unique outcome, was not unique.


I wasn't asking that, as evidenced by the words I used and the order in which I used them.






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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 3:22 pm 
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vbfg wrote:I wasn't asking that, as evidenced by the words I used and the order in which I used them.


In which case the scenario is far from unique to companies that employ thousands.
So in answer to "What is it about employing thousands of people that uniquely qualifies you to avoid paying your taxes and then have a special deal thrown at your feet years later rather than a summons?" I'd say that employing thousands of people gives no unique qualification to avoid paying tax, nor is the avoidance of tax unique to those that employ thousands of people.






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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 3:23 pm 
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Andy Gilder wrote:In the interests of balance, I am aware of one former CEO of a high street retail chain who put his entire £20m settlement package on his "retirement" through PAYE, thereby paying tax and Class 1 NIC on the lot - and have seen the payslip that went with it.

Being super-rich doesn't necessarily mean you're indulging in tax avoidance/mitigation/evasion.


Did you ask to be moved to a commission based pay plan that day? ;)






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 Post subject: Re: The 50p tax rate
PostPosted: Tue Mar 13, 2012 4:00 pm 
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Richie wrote:In which case the scenario is far from unique to companies that employ thousands.
So in answer to "What is it about employing thousands of people that uniquely qualifies you to avoid paying your taxes and then have a special deal thrown at your feet years later rather than a summons?" I'd say that employing thousands of people gives no unique qualification to avoid paying tax, nor is the avoidance of tax unique to those that employ thousands of people.


That's a little closer.

I thank you for answering the rhetorical question aimed at Standee in an entirely non-patronising way after driving all round the houses to avoid the kind of charitable interpretation that most human beings are eminently capable of even though the context was blindingly obvious. It's been a great help.






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