07-03-2012, 09:49
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#220
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Permanently Banned
Join Date: Oct 2011
Location: Radio Cairo, Hampstead, London
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Posts: 2,937
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Re: Pay frozen for third year running
Quote:
Originally Posted by martyh
If he works then there will be a tax threshold ,(this bits for Alans benefit)the amount he is allowed to earn before paying tax,currently around 8k i believe ,that is also a type of avoidance as are the different tax bands ,20% ,40% and 50% .He has not even considered the hardship this would cause in his ridiculous statement that we should all pay tax on gross earnings
---------- Post added at 10:32 ---------- Previous post was at 10:28 ----------
So you will be aware that the company you work for will deduct fuel reciepts before arriving at a figure for profit to be taxed and without doing this the company you work for would almost certainly go into liquidation
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Companies can and will survive paying more tax, the era of the rich having a good time should end
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