knome
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I think you'll change your tune when Simon Cowell is on the back of a five pound note.
UK losing millions in VAT
- Thread starter del1977
- Start date
I think you'll change your tune when Simon Cowell is on the back of a five pound note.
strickenbiged
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Another problem is that the government consults with the big accounting firms whenever they want to amend tax laws, because these guys are the ones with the most knowledge of the system. So the accounting firms play a part in drafting the laws, (probably get paid for that), then turn around to their clients and offer them advice on how to avoid the new tax laws.
It's like asking a fox to design a hen house.
It's like asking a fox to design a hen house.
tonystr
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- Dec 10, 2014
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I'd pay the vat willingly. It's RM's admin charge of £8 for collecting it that i object to. Anything with a value of greater than £15 including the postage is liable.
https://www.gov.uk/goods-sent-from-abroad/tax-and-duty
https://www.gov.uk/goods-sent-from-abroad/tax-and-duty
9668harry
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I got stung with one of them cards recently on a t-shirt from the US. The t-shirt was actually free, but they had put the true value on the declaration. £8, the greedy feckers. Couldn't bloody believe it.
andipandi
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Could be worse, apparently the admin charge can be quite a bit higher in places like the USA. I don't know if it's true or not but I've heard duties and taxes on some imported goods are levied at the insured value (which I presume is nearly always higher) of the package and not the value of the goods contained therein.
schlinky
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I understand the sentiment here, it annoys me too.
I feel like I've already paid 20% of my meager earnings then I have to pay another 20% tax out of what's left whenever I buy something on top of council tax which is another 20%. Then there's the reseller's markup and the manufacturer's markup, if everyone could pay what something is actually worth then we'd all be a lot better off.
Fasttech (and the likes) are a little shortcut for the select few that know about it and because the government is losing 0.0000000000000000000000000000000000000000000000000000001% then it's an emergency, loopholes must be closed!!!!
Try putting your efforts into chasing up google, apple, starbucks (who also have extortionate markups) and all the others not paying tax and stop worrying about catching sardines when you should be chasing whales.
Also try getting good value for money on existing projects and schemes rather than wasting billions on 'preferred contractors' who overspend and cost the economy billions.
http://www.dailymail.co.uk/news/art...end-British-family-annual-luxury-holiday.html
But no, you go chase the little guy and penalise them a bit more. As a nation we're used to getting ripped off all day everyday, what does a cup of coffee actually cost? A couple of pence? Factor in premises, staff and advertising and you're still only up to 20p. I also saw on my travels that they're putting up the cost of a packet of cigarettes to £15 a pack when the highest prevalence is in the poorer sections of society. I'm sure some of those who don't like (or aren't aware of) vaping will be choosing smoking over food and heating.
I'll have to stop there because it winds me up, the whole system is screwed.
I feel like I've already paid 20% of my meager earnings then I have to pay another 20% tax out of what's left whenever I buy something on top of council tax which is another 20%. Then there's the reseller's markup and the manufacturer's markup, if everyone could pay what something is actually worth then we'd all be a lot better off.
Fasttech (and the likes) are a little shortcut for the select few that know about it and because the government is losing 0.0000000000000000000000000000000000000000000000000000001% then it's an emergency, loopholes must be closed!!!!
Try putting your efforts into chasing up google, apple, starbucks (who also have extortionate markups) and all the others not paying tax and stop worrying about catching sardines when you should be chasing whales.
Also try getting good value for money on existing projects and schemes rather than wasting billions on 'preferred contractors' who overspend and cost the economy billions.
http://www.dailymail.co.uk/news/art...end-British-family-annual-luxury-holiday.html
But no, you go chase the little guy and penalise them a bit more. As a nation we're used to getting ripped off all day everyday, what does a cup of coffee actually cost? A couple of pence? Factor in premises, staff and advertising and you're still only up to 20p. I also saw on my travels that they're putting up the cost of a packet of cigarettes to £15 a pack when the highest prevalence is in the poorer sections of society. I'm sure some of those who don't like (or aren't aware of) vaping will be choosing smoking over food and heating.
I'll have to stop there because it winds me up, the whole system is screwed.
I agree with lots of your points, @schlinky. Everyone wants a good NHS, good schools for their kids, decent pensions in retirement. All of it costs a lot. And then at the same time you see things like Amazon et al selling a ton, apparently making no profits to tax and at the same time paying rubbish wages to their warehouse people meaning then other taxpayers have to support them.
I mostly work with small businesses nowadays, but I did used to work with and for mega-corps. In my experience HMRC's treatment of smaller businesses is way harsher than it is with big businesses. They just don't have the right number of well-trained staff to deal with the complex international tax issues, so pick on Joe Bloggs Ltd for sending a return in a day late.
Still at the same time there is a hell of a lot of avoidance where people just don't pay what they should be, and seem to go undetected. Like the pub nearby that called into my office, and asked me to look at their figures. They weren't declaring their rental income on upstairs rooms, they weren't paying the gaming duties on their fruit machines etc., they weren't VAT registered, all their staff were being paid cash in hand. By my estimates, £25k owed to HMRC for one year unpaid. Not just unfair to the taxpayer - unfair to other local pubs paying everything that the are supposed to...
I mostly work with small businesses nowadays, but I did used to work with and for mega-corps. In my experience HMRC's treatment of smaller businesses is way harsher than it is with big businesses. They just don't have the right number of well-trained staff to deal with the complex international tax issues, so pick on Joe Bloggs Ltd for sending a return in a day late.
Still at the same time there is a hell of a lot of avoidance where people just don't pay what they should be, and seem to go undetected. Like the pub nearby that called into my office, and asked me to look at their figures. They weren't declaring their rental income on upstairs rooms, they weren't paying the gaming duties on their fruit machines etc., they weren't VAT registered, all their staff were being paid cash in hand. By my estimates, £25k owed to HMRC for one year unpaid. Not just unfair to the taxpayer - unfair to other local pubs paying everything that the are supposed to...
MrTeaTime
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Get over your failed audition for X Factor....
A 50+ man singing "mouldy old dough" dressed in a gimp suit ain't gonna cut it these days
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