Cable Forum - View Single Post

**Hugh** · 21-10-2010, 12:51

Just to clarify - are you talking about tax avoidance or tax evasion? (as tax avoidance is allowed, as it is the the legal utilisation of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law).

I have no issues with loopholes being closed, and tax evaders being penalised, but let's not throw the baby out with the bathwater.....

(and for the record, I do not use any tax avoidance schemes - I am on PAYE, with no capital invested except for a couple of ISAs).

21-10-2010, 12:51	#2
Hugh laeva recumbens anguis Cable Forum Mod Join Date: Jun 2006 Age: 69 Services: Premiere Collection Posts: 43,924	Re: Tax Avoidance And Coalition Ministers Just to clarify - are you talking about tax avoidance or tax evasion? (as tax avoidance is allowed, as it is the the legal utilisation of the tax regime to one's own advantage, to reduce the amount of tax that is payable by means that are within the law). I have no issues with loopholes being closed, and tax evaders being penalised, but let's not throw the baby out with the bathwater..... (and for the record, I do not use any tax avoidance schemes - I am on PAYE, with no capital invested except for a couple of ISAs). __________________ Thank you for calling the Abyss. If you have called to scream, please press 1 to be transferred to the Void, or press 2 to begin your stare. If my post is in bold and this colour, it's a Moderator Request.