Member Since: 10th May 2000
12th Sep 2019
Small but irritating (a description of me some might say) - setting up a new dormant company client. A plethora of money laundering requirements and forms, engagement letters, internal procedures to adhere to. All for a negligible fee. The balance between bureaucracy and return seems all out of kilter when doing the initial work.
23rd Nov 2012
Whether the tax avoidance is ultimately determined to be legal or not, effective or not, this is another example of sheltering "income" from tax which massively reduces the burden of tax paid by those that can afford such strategies. This is the same logic used by the large corporations who operate from an offshore base this denying the Exchequer revenue. The massive sheltering of taxes does nothing to aid recovery, ultimately to everyone's detriment. I wonder (and I say this as a football fan) what supporters, who chastise "Big Corp PLC" for their machinations would think of their heroes doing no better