The Agora > UK & World News
HSBC aided UK tax dodgers
disco69:
I totally agree with you Tony, a law for the rich and a law for the less well off, :rant: :btd: :bat:
Mary:
--- Quote ---Tax inspectors failed to prosecute a wealthy tax cheat who did not submit returns or pay any tax for 24 years, documents seen by BBC Panorama show.
HM Revenue and Customs had concluded that Paul Bloomfield, a property investor involved in the redevelopment of Wembley Stadium, was a UK resident and liable for 20 years' tax.
Mr Bloomfield was on a list of HSBC clients with secret Swiss accounts.
--- End quote ---
http://www.bbc.com/news/uk-31459067
Mary:
--- Quote ---Britain's highest earners pay more than a quarter of the country’s entire income tax bill, more than when the Coalition came to power.
Nearly 300,000 taxpayers are forecast to contribute the equivalent of £45.9 billion in income tax between them by the end of this year, equivalent to £150,000 each. The amount they have paid has risen from 25 per cent of the nation’s tax bill when Labour came to power to 27.3 per cent this year.
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http://www.telegraph.co.uk/finance/personalfinance/tax/11411790/Britains-highest-earners-pay-a-quarter-of-nations-income-tax.html
Maik:
--- Quote from: jeanskala on Monday, 09 February, 2015 @ 11:14:27 ---Sorry, am I being thick, but why is tax avoidance legal and hiding money not - it's the same thing isn't it..?
I believe all the loop holes need to be closed and therefore everyone pays what they should pay! But then, who am I...?
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Looks like you're not alone, Jean:
--- Quote ---Most people think legal tax avoidance is just as wrong as illegal tax evasion, poll suggests
--- End quote ---
http://www.independent.co.uk/news/uk/politics/most-people-think-legal-tax-avoidance-is-just-as-wrong-as-illegal-tax-evasion-10077934.html
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