Another Tax Avoidance scam uncovered
 

http://www.thetimes.co.uk/tto/money/...cle3673519.ece (paywall)

Unbelievable. The people who took advantage of this scam should be prosecuted.

Re: Another Tax Avoidance scam uncovered
 

Not surprising. A whole host of charities are nothing more than a scam of one form or another.

Re: Another Tax Avoidance scam uncovered
 

It's a pity their website wasn't so bland. it just looks like a cover.

http://thecuptrust.com/

But yeh. prosecute them all.
I don't care even if Cameron was one of them. prosecute him too.
cheating **** they all are.

Re: Another Tax Avoidance scam uncovered
 

charity scam?! ****!

Re: Another Tax Avoidance scam uncovered
 

I reckon there's going to be one big massive scandal to hit the headlines soon. it just needs one squealer and the baccy man gets shut down.

just needs one toff to upset another toff. and the way people are with money just lately. I can say we won't have a long wait.

Re: Another Tax Avoidance scam uncovered
 

What do we expect when one of the heads of revenue is a tax.dodger with multiple current conflicts of interest, it's a miracle anyone other than the little people pay anything at all.

Re: Another Tax Avoidance scam uncovered
 

The other thing I don't understand is the term 'avoidance' and that the people taking advantage aren't breaking the law. Surely using giftaid to reduce your tax bill whilst getting the money back is simply fraud.

Re: Another Tax Avoidance scam uncovered
 

See no argument with your point, it sure looks like fraud to me. Interesting to see how it pans out :erm:

Re: Another Tax Avoidance scam uncovered
 

I think we need a much simpler, clearer tax system. It seems to me that it's the complexity of the system which creates the opportunity for so many scams etc.

Re: Another Tax Avoidance scam uncovered
 

Avoidance would be where you do something to avoid something else. Hence tax avoidance is where you arrange your finances so that the tax you pay is less but it is still within the rules. Tax evasion is where you don't pay tax that the rules say you are to pay.

If the Government want to reduce tax avoidance I think the best way would be to simplify the process, rather than closing loopholes in a piecemeal fashion.

Re: Another Tax Avoidance scam uncovered
 

I am a great advocate of a single tax rate for everyone .Once a preset limit is reached everyone pays the same tax ,no obscure allowances no nothing just the same tax rate as everyone else

Re: Another Tax Avoidance scam uncovered
 

I don't see how that would raise enough money without massively hitting the less wealth off.

Re: Another Tax Avoidance scam uncovered
 

Needs a rethink.

Re: Another Tax Avoidance scam uncovered
 

I think the argument goes that taxes on the rich minority, popular though they are with everyone else, don't actually raise that much and can be avoided in all manner of ways - legal and not so legal. Administering all this and trying to crack down on avoidance, evasion etc. costs a whole lot of time and money. I suppose it's similar to the argument which was always used for universal benefit like child benefit - even though some money goes to people who don't need it, a great deal more is saved because administering it is so much simpler.

Re: Another Tax Avoidance scam uncovered
 

The rich could still avoid the tax though. Presumably it would have to be an income tax and thus the rich will use similar loop holes.