Hi
Well where has it gone?
The £350 Million a week, lets spend it on the NHS.
The 11 years of Austerity?
The many billions spent on track and trace?
Answers will be good, but don’t expect to get them.
We are treated with utter contempt, Dominic Raab even refuses to say when he went on Holiday.
Answers on a Postcard please.
It was never there in the first place! Typical Boris…and his cronies (of course).
Don’t forget the billions in tax that are avoided. Teresa May promised she would stop tax avoidence & I am sure it is not connected. But she did not stop it & her husband works for a company who advises people on how to avoid tax.
The UK is one of the 31 signatories to the Organisation for Economic Co-operation and Development (OCED) 2016 agreement to tackle tax avoidance. But still they hit pensioners & NI contributions rather than stop themselves & their friends from avoiding UK tax.
It’s called buried news. People forget easily if you don’t remind them. Hence there is now a meme going around about that bus to remind people that there should in theory be plenty of money somewhere at the end of the rainbow…
If you also remember George Osborn altered the vehicle duty from 2017 promising that , from 2020 all the money raised will be spent on road improvements…,
the reality is that all the revenue goes into a big cauldron at the Treasury.
I suggest, since that appeared on the side of the battle bus, the NHS has had far more than an extra £350 million/week (£18.2 billion/yr) in funds.
Seriously?
Into the same bottomless pit that every penny in contributions to every single government’s coffers for centuries has gone.
That’s where.
And we’ll ignore the uncomfortable (to you) fact that the NHS has had this £350 million/week and more since that, shall we?
Like people still ignore the “there’s no money left” farce of the last lie bore government which if you really want something to moan about is in truth far more worthy of your tirade since the Labour supposed “opposition”'s ongoing unelectability is giving the government you so obviously hate a pretty free hand.
Do you mean Tax Evasion?
Tax Avoidance is a healthy pastime, we’ve all been doing since the beginning of time, and it’s perfectly legal.
Tax evasion is far from a healthy pastime. Some multinational companies pay less tax than a NHS Doctor.
Tax evasion costs the UK economy around £2 billion per year & means, for just one example. A small independent shop cannot compete with the big chains who pay virtually no tax.
Also why should someone on minimum wage pay a fair share in tax, if the governments MP’s & their friends are avoiding paying? Many of the companies & individuals who are avoiding paying a fair share of UK tax, are those who happily take income funded by UK tax.
I’d love to see the underlying workings for that figure. There is just one pie but there are different ways to make that pie go further.
It’s an HMRC figure.
What you’re describing here is tax AVOIDANCE (a totally legal pursuit if morally wrong in some way). Tax EVASION is totally illegal and perpetrators, when caught, are usually hung out to dry by the legal system.
Yes & that is why I have used the word avoidance in my first posts above.
And not all tax avoidance is legal. Some avoidance schemes are extremely dubious. And as for HMRC hanging out those who evade tax see my other thread HMRC prosecutions.
For every tax fraudster prosecuted in the UK between 2009 and 2019, 23 benefit claimants were prosecuted, according to new figures from the think tank TaxWatch.
This is despite tax fraud costing the economy nine times more than benefits fraud: in 2018/19, tax fraud cost the Treasury an estimated £20bn, whereas benefit fraud cost just £2.2bn…
.
So I get no apology?
If corporations are, in the eyes of HMRC, guilty of tax evasion, it’s because they’ve paid tax once in the country they’ve earnt the money (ie the UK), but choose to situate their head office in Ireland where the rules stipulate less corporation tax.
It’s about time Boris got more competitive. London could be the perfect tax haven.
Whatever the source it’s totally an estimate based on someone’s assumptions. Tax evasion or avoidance (no idea of the difference) has to be offset by the benefits to the economy of providing a service. Often such estimates are very one-sided, one dimensional. This is because the people who come up with these figures lack the imagination to truly understand and measure economic value.
Yes, of course it is an estimate & the total amount taken from the country could be more or less. But not paying tax is not providing a service. Tax cheats are not helping the country’s economy, or providing a service. Far from it. By not paying a fair amount of tax, these wealthy individuals & companies are defrauding the country & damaging public services like the NHS.
Tax evasion is no different to any other kind of theft & tax avoidance, which is the legal equivalent of tax evasion, is the equivalent of those who use lawyers to avoid the legal consequences of other illegal activities.Tax avoidence is only legal because someone has employed someone to help them avoid the legal consequences of their behaviour.
paying tax and providing a service are two separate issues. Also those who don’t pay tax are not necessarily wealthy at all. However, if they are providing a much needed service then you need to include the value of that service when you make the calculation of the total cost to the country. Otherwise it’s just a treasury gap, but then the treasury wastes public funds too but is not held to account in the same way as the taxpayer.
@AnnieS , You say paying tax and providing a service are two seperate issues
Annie, this may be true, but providing a service cannot be carried out till
sufficient tax has been gathered to pay for that service??The treasury decides
from historical evidence how much money is needed to support the minimum
services deemed fitting for a supposedly advanced country to be run?
If the planned income for this is not achieved then you will see exactly what
we are seeing now in the UK! Services being run down and discontinued !!
Gee has pointed out the discrepancies between the corporate and the benefit
fraud where the corporate far outweighs the benefit fraud and the inverse
ratio of treasury efforts to redress this fraud !!
The system is meant to be fair, offshore offices are a gimmick set up by
lawyers to make it seem to be legal when it is actually diverting the income
stream of these corporates before it reaches the the UK banking system!!
If working people have to pay 30% of their income on tax then the richer
sections of society should also pay the same tax??
I agree with GEE !?
Donkeyman! 
