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Old 31-01-2013, 07:57   #10
chris9991
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Join Date: Mar 2007
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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.
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