Quote: PopTart "Of course I know why we pay taxes, and as I'm all PAYE I have no way out, but pretty much everything else you say on that post I disagree with.
You can't judge someone differently because they have too much money. He earned it fair and square same as we did.
From that point on there are tax rules that apply in different ways.
If you have kids you are allowed to pay nursery fees without paying tax. Is that unfair compared to those without kids, or older kids who have to pay tax on thiose earnings?
Pension the same.
Higher rate of salary tax the same.
You are told the rules by HMCE and you should follow them. If you have an advantage over someone else you either do the something else yourself, live with it, or vote someone in to power who likes different rules.'"
I agree with this, dont blame the player blame the game etc.
There is a lot of wealth envy in this country which clouds peoples judgement on these issues. You should only pay as much tax as you are legally required to do. The legal bit needs sorting out and the government should create a simpler system eg a flat rate tax on everything but they wont because the rule setters are part of the people who benefit from a complicated system which can be worked around if you have the money/knowledge ie not the masses.
For proof check Vodafone and Starbucks out. Vodafone have cosy dinners with HMRC top boss to come up with a solution that fits and Starbucks picked a number out of the air and volunteered to pay that as tax instead of the previous big fat 0 they were paying both of which the government accept because it is legal.
My advice is we should learn to play the game as the rules are not changing.