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Old 25-10-2010, 11:34   #75
Hugh
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Re: The Comprehensive Spending Review Thread

No, I haven't - I will try to watch it on Catch-Up or On Demand this week. Can I point you in the direction of the C4 comments page where one repondent states
Quote:
I'm a UK Solicitor who specialises in international tax.

This programme was appalling and littered with errors that made it laughable. I feel sorry for the lawyer from Burges Salmon who was clearly hoodwinked into giving what appeared to be justification for some of these claims. There are aggressive tax avoidance schemes out there, but this programme didn't catch any of those, merely getting some real tax basics very wrong.

The lack of understanding of UK withholding tax, the lack of mention that dividends from a UK company are paid from the profits *after* UK tax (so the benefit over taking a salary is not as described) and so on. Shocking journalism.
Also on the comments page is an interesting debate between the two tax accountants featured on the programme - it starts at October 21st, 2010 at 18:21.

Can I point out that "The Tories" are not one amorphous mass - there are lots of differing viewpoints, just like in any large movement/organisation; I am a Tory, but I am a One-Nation lefty Wet fiscally conservative socially liberal Tory, who is poles apart for the Bone-Dry extreme monetarist Libertarians, who are poles apart from.... you get my drift.
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