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HMRC Just are not going after it
HMRC is becoming a conduit for non payment of tax; this is quite obvious having got rid of all their staff who could possibly have knowledge of how to tackle large scale and aggressive avoidance.
If they could do tax collection from individuals who had done this sort of thing, then obviously it would do but as it is not doing so, one can only conclude that this is an act of policy and the constant denigration of it by the TSC is also some weird sort of stage play to make it look as if Parliament is somehow interested. It is not.
In short, there is a lot of gamesmanship going on. They need either to all of them get into a concerted effort to do something, or just shut up and get out of it altogether until the will is found to do what is morally and ethically correct.
Where's Swiss Toni when you need him?
I want to know what Swiss Toni has to say about all this.
HMRC?
Saying sorry is all very well but as actively enabling tax evasion on an epic scale must surely be an offence will HMRC be taking action? If instead we get something along the lines of the £20 million Goldman Sachs sweetheart deal then it will be clear that normal service will have been resumed, namely that the smaller you are the harder you fall.
Confused about Mr Gulliver’s Non-Dom status …
Mr Gulliver’s father doesn’t seem to have been born abroad and neither does he himself
Grammar school in Devon and studied law at Oxford university – moved to HK in 1980
HSBC seems to have suggested his Non-Dom status arose because of his spending the “majority of his near 35-year career at HSBC in Hong Kong”
Mr Gulliver seems to have lived in the UK for more than a decade and has had his children educated here -
http://www.thetimes.co.uk/tto/business/industries/banking/article4365861.ece
So all in all should he really be a Non-Dom
Can someone help out here with an explanation – because this seems to be questionable. It’s not about returning to HK on completion of his assignment in the UK because we could all pull that one with an artificial company in HK posting use to the UK for the whole of our life – of course ones intention could be to return to HK after the posting but ….
An artificial arrangement – especially after 10+ years resident in the UK – taking the p****
Non dom
Regarding the correspondence above, of course he should not be a non dom. Residence and non residence used to be one of the Revenue's areas of expertise. Now all of a sudden they are allowing people to be non dom who have pretty obvious connections with the UK.
I take it the HMRC are having a second childhood. They need to man up.
So who is going to jailed?
So HSBC staff have assisted some of their clients to EVADE tax. So how many of them are going to go to jail?
A daft question really as I'm sure the answer is nobody a usual.
So no deterrent, so when the dust has settled they'll no doubt resume where they left off
A real insult to those who pay their dues to keep this country going while others rip us all off
A Bank has apologised, who's next and when.
A bank has apologised for allegedly helping rich customers evade tax, who will be next and more to the point when.
Accountancy firm PricewaterhouseCoopers (PwC) has deceived parliament and is facilitating and promoting “industrial scale” tax avoidance, MPs warned in a report.
The report, conducted by Britain’s Public Accounts Committee (PAC), found the company's tax arrangements bear all the hallmarks of “a mass-marketed tax avoidance scheme.”