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Old 26-10-2011, 09:23   #7
Hugh
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Re: Vince Cable didn't pay his taxes

Quote:
Originally Posted by mertle View Post
disgraceful what paltry fine too dont encourage **** to cough up.

I think review of the taxman system needs doing fine these trash 100% of the tax owed that might make business who can pay and cretins like cable think twice.

Every delay 100% fine increase every month delayed until he turns up pays the the tax and fines.

About time there was incentive to be paid on time what is due.
From the OP's link
Quote:
Accountants Myrus Smith said in a statement: "There are no tax payments outstanding and none are being contested.

"When it became clear that Mr Cable's earnings had breached the level at which VAT was payable, an offer to settle immediately and in full was made to HMRC and this was duly accepted.

"The matter was dealt with within a month of the Revenue being informed in the first instance and is now closed."

A spokesman for Mr Cable said, "All Vince's tax affairs are above board, and he went out of his way to settle this quickly - in fact HMRC let him off 50% of the usual penalty."
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